Full price: £305,000 The full value of the property
Share value: 75% - £228,750
Estimated monthly cost*: £1,391
Estimated Monthly Mortgage*: £1,146
SO Resi Monthly Payment: £186.57 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £58.18 Residents of a development pay this for maintenance of communal/external areas
* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 123
This immaculately presented property on the third floor of a five storey block in Illford, Essex is available for sale through the Shared Ownership Scheme.The property comprises hallway, living/kitchen area, two bedrooms and bathroom. A reasonably sized balcony is also provided with off street parking.
- Minimum income requirement - £67,670
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
Third floor flat
Allocated parking space
Secure bike storage
Close to local amenities in Ilford, Essex
Available for 75% share
A two bedroom third floor apartment located in Ilford available for sale through the Shared Ownership Scheme.
Available for £228.750 for 75% share based on the marketing figure of £305,000.
SO Resi Monthly Payment - £186.57
Monthly Service Charge - £58.18
Total Monthly Charge - £244.75 PLUS MORTGAGE REQUIRED FOR 75% SHARE.
The approximate gross internal floor area of the property is in the order of 67.4m²
Energy Rating Band - B
Environmental Impact Band - B
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
Use our property search to find a home
Enquire with us to learn more and view properties
Complete an affordability assessment with an IFA
Reserve your property and start the buying process with us