1/16
£290,000
Flat · 2 beds · 1 bath · 763 sq ft
Spring Gardens, Romford, RM7
0.02 miles away
Leasehold
Shared ownership
1/19
Shared ownership
1/19
1 bed flat for sale Spring Gardens, Romford, RM7
Asking price
£84,000
Added on 23/09/2026
Added on 23/09/2026
35% share · about £240,000 full value
- Type
- Flat
- Bedrooms
- 1
- Size
- £172 per sq ft
- Tenure
- Leasehold
Council tax Band B £1,886 a year
About this property
ATTENTION FIRST TIME BUYERS
THIS 35% Shared Ownership opportunity. Well-presented one-bedroom third-floor apartment with a bright open-plan living area leading out to your own balcony, modern kitchen and bathroom, allocated parking.
35% Shared Ownership
An excellent opportunity to purchase a 35% share of this well-presented one-bedroom apartment, ideally situated on the third floor of a modern residential development. Perfect for first-time buyers, this property offers an affordable route onto the property ladder while benefiting from contemporary living and the convenience of allocated parking.
Floorplan
Council tax
Band B £1,886 a year
Per year
- Band A£1,616
- Band BThis home: £1,886
- Band C£2,155
- Band D£2,425
- Band E£2,963
- Band F£3,502
- Band G£4,041
- Band H£4,849
This home is in band B, which costs £1,886 a year in Havering for 2026/27.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Havering, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.
Location
Spring Gardens, Romford, RM7
Mortgage and stamp duty
Property price £84,000
£42k £126k
Deposit10% £8,000
£0 £84k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £76,000 mortgage. Most lenders would want a household income of about £17,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 36, Colvern House, Spring Gardens Flat / maisonette | Flat / maisonette | Aug 2024 | 678 sq ft £152/sq ft | 678 sq ft | £152 | £103,250 |
| Flat 43, Colvern House, Spring Gardens Flat / maisonette | Flat / maisonette | Apr 2024 | 721 sq ft £398/sq ft | 721 sq ft | £398 | £287,000 |
| Flat 40, Colvern House, Spring Gardens Flat / maisonette | Flat / maisonette | Nov 2023 | 495 sq ft £163/sq ft | 495 sq ft | £163 | £80,500 |
| Flat 47, Colvern House, Spring Gardens Flat / maisonette | Flat / maisonette | Jan 2023 | 474 sq ft £633/sq ft | 474 sq ft | £633 | £300,000 |
| Flat 43, Colvern House, Spring Gardens Flat / maisonette | Flat / maisonette | Mar 2020 | 721 sq ft £398/sq ft | 721 sq ft | £398 | £287,000 |
| Flat 40, Colvern House, Spring Gardens Flat / maisonette | Flat / maisonette | Sept 2017 | 495 sq ft £163/sq ft | 495 sq ft | £163 | £80,500 |
Area insights
The neighbourhood around this property.
