2 bed flat for sale

Ilford Hill, Ilford, London IG1

A spacious, contemporary two-bedroom apartment in Ilford is now available for Shared Ownership.

On the second floor, this property comprises an open plan large lounge area with a private balcony and a modern kitchen, entrance hall, a large bedroom, a smaller one, and a shared bathroom. Perfect for couples or a single person.

The flat was built in circa 2019 and it has allocated parking space.

Available for £87,500 for 25% share based on the marketing figure of £350,000.

Monthly rent - £767.09
Monthly Service Charge - £287.39
Total Monthly Charge - £1,054.48 plus mortgage required for 25% share.

An annual rent increase takes place every April

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, with the Elizabeth Line available, making this property great for commuters. Liverpool Street, in Central London, is less than half an hour away from there.

EPC rating

Energy rating band - B
Environmental impact band - A

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.