3 bedroom apartment for sale
Trevor Roper Close, Ilford, IG1 3FA
Share percentage 35%, full price £445,000, £7,788 Min Deposit.
Share percentage 35%, full price £445,000, £7,788 Min Deposit.
Monthly Cost: £1,934
Rent £817,
Service charge £249,
Mortgage £868*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Ilford, London
Description
Modern, bright & spacious three-bedroom apartment now available in Ilford, North-East London, through Shared Ownership.
The property comprises a wide living room, an open-plan fitted kitchen, and three large bedrooms upstairs; there's one bathroom per each floor. There's also a private terrace and a garden area. This could be ideal for a small family.
The flat is on the ground floor of a newly built construction (circa 2018); it has allocated parking space and a communal playground and gardens.
The property is located in a residential area just outside the town centre of Ilford, where the Elizabeth Line can take you to the central area in about 20 minutes from there. There's also an underground station where the Central line is available.
The property is surrounded by green and natural areas, such as Wanstead and Valentines Park.
There are several schools in the area for all levels, many of which are within walking distance.
The Ilford Exchange is also a large shopping centre within walking distance, with several shops, restaurants and pubs available.
Available for £155,750 for 35% share based on the marketing figure of £445,000.
Monthly rent - £816.82
Monthly Service Charge - £249.44
Total Monthly Charge - £1,066.26 plus mortgage required for 35% share.
An annual rent increase takes place every April
EPC ratingEnergy rating band - B
Layout and dimensionsGross internal floor area: 96 m²
Living room: 5.03 x 4.90 m
Kitchen: 4.47 x 2.46 m
Bedroom 1: 4.80 x 2.74 m
Bedroom 2: 4.72 x 2.74 m
Bedroom 3: 3.51 x 2.03 m
Terrace: 5.18 x 2.03 m
Garden: 5.84 x 5.05 m
Years remaining on lease: 120
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Three-bedroom apartment
- Private terrace
- Ground floor
- Great transport links
- Available for 35% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 35%, full price £445,000, £7,788 Min Deposit. Calculated using a representative rate of 5.03%