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See how verdicts work2-bedroom flat · RM6 4UN
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Own 65% of this fantastic two-bedroom flat with balcony, parking and excellent connections!
Staircasing potential, approximately 130-year lease and vendor-reported zero ground rent and unowned-share rent, subject to verification.
Welcome to Norwich Crescent, Chadwell Heath, where smart buying meets comfortable living, and the dream of owning your own home could be closer than you think!
Offered for sale on a 65% shared ownership basis, this nicely presented two-bedroom first floor apartment delivers a fantastic combination of space, convenience and flexibility.
Better still, there's the potential to increase your ownership percentage through staircasing, subject to the terms of the shared ownership lease and relevant approvals.
So, whether you're a first-time buyer looking to make your move, someone searching for a more affordable route into homeownership or simply a savvy house hunter who appreciates a good opportunity, this apartment deserves your undivided attention!
FIRST IMPRESSIONS? CONSIDER THEM SORTED! Accessed via a secure communal entrance, the building provides a reassuring welcome before you make your way up to the first floor.
Step inside the apartment and you're greeted by a hallway connecting the accommodation, creating a practical layout that makes everyday living feel refreshingly straightforward.
No unnecessary fuss, no complicated floor plan, just a nicely arranged home ready for its next chapter. THE LOUNGE – WHERE YOUR SOFA GETS THE VIP TREATMENT!
At the heart of the home sits a nicely sized lounge, offering a welcoming setting for everything from entertaining friends to spending an entire Sunday convincing yourself that watching another episode counts as productivity.
There's room to create a comfortable living environment, make the space your own and enjoy the simple pleasures of having somewhere to call home. And the added bonus? A balcony!
That's right, your very own little outdoor escape. Morning coffee, a breath of fresh air, an evening wind-down or simply somewhere to stand while contemplating your next big life decision.
It's an appealing addition that gives this apartment a little extra personality. THE KITCHEN – SERVING UP EVERYDAY PRACTICALITY!
The separate kitchen provides a dedicated space for preparing meals, experimenting with recipes and occasionally pretending that the takeaway containers in the fridge are evidence of your culinary talents.
Conveniently positioned and separate from the lounge, it's a practical feature that helps this apartment work beautifully for everyday living. TWO GOOD-SIZED BEDROOMS – DOUBLE THE OPTIONS!
Both bedrooms offer good proportions, providing the flexibility that modern living demands.
The main bedroom offers a comfortable place to unwind, while the second bedroom can adapt to suit your lifestyle. Guest room? Home office? Dressing room?
A dedicated space for your ever-growing online shopping deliveries? Whatever your priorities, you've got options!
A bathroom completes the internal accommodation, rounding off a practical and appealing first floor home. ALLOCATED PARKING – BECAUSE LIFE'S TOO SHORT TO CIRCLE THE BLOCK!
And here's something that's guaranteed to earn a few bonus points: allocated parking. After a long day, the last thing anyone wants is a competitive neighbourhood parking challenge.
Having your own designated space is one of those everyday conveniences that makes a real difference. Your car gets a space, you get peace of mind, and everybody wins! LOCATION GOALS?
CHADWELL HEATH HAS ENTERED THE CHAT! Norwich Crescent puts you in a convenient position for transport, shopping and everyday essentials.
Both Goodmayes and Chadwell Heath stations are less than a mile away, offering Elizabeth line services towards Central London and beyond.
Whether you're commuting, heading out for the evening or simply enjoying everything the capital has to offer, these connections are a major advantage.
Chadwell Heath High Street is also nearby, providing access to local shops, services and amenities, while convenient road networks make travelling around the surrounding areas straightforward.
It's the sort of location that understands you've got places to be and things to do! SHARED OWNERSHIP – A SMARTER WAY TO GET YOUR FOOT THROUGH THE DOOR!
Now, here's where this opportunity gets particularly interesting.
The advertised asking price represents a 65% share of the property, providing an alternative route to homeownership without initially purchasing the entire property. And there's more!
The shared ownership arrangement offers the potential for staircasing, meaning you may be able to purchase additional shares in the future, subject to the lease terms, eligibility and relevant approvals.
Think of it as homeownership with room to grow! AND HERE'S A DETAIL THAT COULD MAKE THIS OPPORTUNITY EVEN MORE APPEALING...
The vendor has advised that no ground rent and no rent on the remaining 35% share are payable. Yes, you read that correctly!
This is an unusual and potentially very attractive feature of the arrangement, although it is important to emphasise that these details are provided by the vendor and have not been independently verified.
They must be confirmed by the purchaser's legal representatives, together with any service charges and other leasehold obligations.
The apartment also benefits from an approximate remaining lease term of 130 years, offering a substantial period of leasehold ownership. THE FINAL VERDICT – SHARED OWNERSHIP, FULL-SIZED OPPORTUNITY!
Let's recap, because this property has plenty to shout about! Two good-sized bedrooms, a comfortable lounge, a balcony, a separate kitchen, secure communal access and allocated parking.
Add two Elizabeth line stations within a mile, nearby shopping facilities, an approximately 130-year lease and the opportunity to purchase a 65% share with potential staircasing, and this is a home that makes a compelling case for itself.
And with the vendor reporting no ground rent or rent on the unowned share, subject to legal verification, there's another potentially exciting reason to investigate this opportunity further.
Why keep scrolling through properties when you could be booking a viewing of this one?
Make your move, explore the possibilities and discover whether Norwich Crescent could be the address where your homeownership story begins. 65% share. 100% worth a look. Don't miss it!
Shared ownership eligibility criteria, lease terms, staircasing provisions, service charges and other financial obligations apply and should be independently verified.
THE SMALL PRINT: Material Information: Service Charge: £206.00 per month Ground Rent: n/a Length of Lease: approximately 120 years remaining Rent: tbc 65% Share We’ve done our homework, but we aren’t fortune tellers.
We haven’t poked the boiler, flicked the switches, or tested every light bulb.
Nothing here counts as a contract or statement of fact—get your solicitor to check all the serious stuff, like tenure, parking, planning permission, building regs, and all that jazz! Measurements?
Guides only. Floorplans? Handy, but not perfectly to scale. Travelling far? Call first—clarification is free, petrol is not.
We may receive a referral fee if you choose to use third-party services we recommend, such as conveyancers, mortgage advisers, or EPC providers, but you are under no obligation to do so.
AML Checks - Law says we must run one. £96 including VAT per buyer. Tiny toll, big compliance. Buyer Reservation Fee - Offer accepted? Pay a reservation fee (min £1,000) to lock it in.
VIP pass to the property, protects against gazumping. Complete the sale? Fee refunded. Things go sideways? Sometimes non-refundable.
Head to our website for full details – or skip the scrolling and just call.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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