1 bed Shared Ownership flat in Ilford, Greater London

1 bed flat Under offer

£110,000 40% share (full price £275,000)

£5,500   minimum deposit

Ilford Hill, Ilford, IG1 2ZJ

Overview

A spacious, one-bedroom apartment in central Ilford location is available for shared ownership. This property comprises an open plan large lounge area with a private balcony and a modern kitchen, entrance hall, large bedroom, and contemporary bathroom with shower over bath. The property also benefits from great travel links.

Key features

  • One bedroom
  • Seventh floor
  • Communal gardens
  • Great condition
  • Close to local amenities
  • Available for 40% share

Location

The property is in a central location close to shopping and dining facilities. The Exchange Ilford mall is just a short walk away. Ilford rail station is less than 3 minutes away making this property great for commuters. 

  • Rail Ilford Rail Station

Layout and dimensions

Reception
3.0m x 5.2m

Kitchen
2.0m x 5.2m

Bedroom 1
4.6m x 3.1m

Bathroom with WC
2.3m x 2.3m

All room dimensions are approximate.

Lease information

122 years remaining on lease

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.

EPC rating

Energy Rating Band - B
Environmental Impact Band - B

Eligibility

Mininum income required: £41,522

This is reduced if a larger deposit is available. More shares can be purchased, from a minimum of 5%.

More about eligibility

Other information

All room dimensions are approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at the time of marketing. There is an annual increase that takes place. Please contact us for more information.

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How do I apply?

Step 1

Arrange a viewing to have a look round the property

Step 2

We’ll explain how Shared Ownership works and ensure that you’re eligible

Step 3

Complete an affordability assessment with an IFA to make sure you can afford the property

Step 4

Reserve your property and start the buying process

About Shared Ownership

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