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£68,750
This spacious and light-filled one bedroom apartment is now available in Illford, East London through Shared Ownership.
The property was built in 2019 and features large windows throughout with an open-kitchen plan, storage room and a sleek modern kitchen. The apartment is located on the eleventh floor with a private balcony, offering great views and a peaceful living environment.
This property is ideal for first-time buyers, with Shared Ownership starting from just 25%.
Available for £68,750 for 25% share based on the marketing figure of £275,000.
Monthly rent - £633.67
Monthly Service Charge - £217.82
Total Monthly Charge - £851.49 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationLocated in the heart of Ilford, just a 2 minute walk from Ilford station with fast Elizabeth line links to central London under 40 minutes.
The area offers plenty of amenities, including a gym, a local supermarket and a shopping centre within walking distance. Enjoy green space with Valentine's Park just a 13 minute walk away. King George Hospital and Spire London East Hospital are also easily accessible.
EPC ratingEnergy rating band - B
Environmental impact band - B
Lease informationYears remaining on lease: 119
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.
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