1 bedroom apartment for sale
Hutton Court, 43 Ilford Hil, IG1 2ZJ
Share percentage 25%, full price £285,000, £3,563 Min Deposit.
Share percentage 25%, full price £285,000, £3,563 Min Deposit.
Monthly Cost: £1,114
Rent £551,
Service charge £157,
Mortgage £406*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Ilford, Greater London
Description
Discover the epitome of modern living in this bright and spacious One-bedroom apartment, now available in London through Shared Ownership.
The Seventh-floor residence, built in 2019, features floor-to-ceiling windows, a large open-plan living and dining area, and a private balcony boasting fantastic views. The large bedroom has a fitted wardrobe, and underfloor heating throughout the apartment adds a cosy touch to the apartment.
Enjoy abundant natural light streaming into the living room and bedroom all day, creating a warm and inviting ambience. Benefit from the convenience of local amenities and proximity of the Exchange shopping centre, home to many high street stores.
Key Information Document
Available for £71,250 for 25% share based on the marketing figure of £285,000.
Monthly rent - £551.42
Monthly Service Charge - £156.96
Total Monthly Charge - £708.38 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationIlford's ongoing regeneration, including a new station entrance on your doorstep with the Elizabeth Line, ensures seamless connections, 9 minutes to Stratford, 20 minutes to Liverpool Street, and 26 minutes to Bond Street. One can even get to Heathrow Airport in under an hour.
Situated in a vibrant community, the newly built apartment block offers a secure cycle store, shared space, and a family-friendly community of neighbors ideal for singles, couples, and commuters. And even work-from-homers!
EPC ratingEnergy rating band - B
Environmental impact band - B
Gross internal floor area: 53 m²
Living room & kitchen: 5.38 x 5.23 m
Bedroom: 4.83 x 3.63 m
Balcony: 3.58 x 1.12 m
Years remaining on lease: 121
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.
Key Features
- One-bedroom apartment
- Underfloor heating
- Cycle storage
- Excellent travel connections
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £285,000, £3,563 Min Deposit. Calculated using a representative rate of 5.26%