1 bedroom apartment for sale
Hutton Court, 43 Ilford Hill, IG1 2ZJ
Share percentage 30%, full price £280,000, £4,200 Min Deposit.
Share percentage 30%, full price £280,000, £4,200 Min Deposit.
Monthly Cost: £1,234
Rent £563,
Service charge £203,
Mortgage £468*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Ilford, London
Description
This bright, modern, well decorated one bedroom apartment is now available on Ilford through Shared Ownership,
The property on the fifth floor comprises an entrance hall, a spacious living room with a dining area and a modern open-plan kitchen, one good-sized bedroom, and a bathroom and a private balcony. Perfect for couples or singles.
Key Information Document
Available for £84,000 for 30% share based on the marketing figure of £280,000.
Monthly rent - £563.05
Monthly Service Charge - £203.04
Total Monthly Charge - £766.09 plus mortgage required for 30% share.
An annual rent increase takes place every April
LocationIlford's ongoing regeneration, including a new station entrance on your doorstep with the Elizabeth Line, ensures seamless connections: 9 minutes to Stratford, 20 minutes to Liverpool Street, and 26 minutes to Bond Street. One can even get to Heathrow Airport in under an hour.
Situated in a vibrant community, the newly built apartment block offers a secure cycle store, shared space, and a family-friendly community of neighbours ideal for singles, couples, and commuters. And even work-from-homers!
EPC ratingEnergy rating band - B
Environmental impact band - B
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
- One-bedroom apartment
- Modern kitchen
- Private balcony
- Excellent travel links
- Available for 30% 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 30%, full price £280,000, £4,200 Min Deposit. Calculated using a representative rate of 5.03%
