1 bed property for sale

Chamberlain Close, Ilford IG1

Provisional Structure (details to be confirmed & negotiated)
Lease Option Price (Deposit) - £40,000
Completion - 60 Months
Completion Price - £170,000

This charming one-bedroom house on Chamberlain Close, Ilford, offers a low-cost investment opportunity through a lease option with a delayed completion agreement. Ideal for first-time buyers or investors, this arrangement allows the buyer to pay an initial deposit, cover monthly mortgage payments, manage property upkeep, and purchase the home at an agreed price within 12 to 60 months.

Built in 2005 and spanning 463 square feet, the property features a cozy reception room, a well-sized bedroom, and a bathroom. While requiring some modernisation, it offers the perfect chance to add value and personalise the space. Buyers also benefit from leveraging the existing financing, making this a more accessible route to property ownership.

This flexible agreement enables buyers to secure the property now, develop and improve it at their own pace, and delay the full purchase until they’re ready. Situated in a quiet and desirable location, with excellent access to amenities, transport links, and green spaces, this home is an attractive option for those seeking both affordability and potential for growth.