1 bedroom apartment for sale

Under Offer

Hutton Court, 43 Ilford Hil, IG1 2ZJ

£71,250 · Shared Ownership Resale

Share percentage 25%, full price £285,000, £3,563 Min Deposit.

Under Offer
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£71,250 Shared Ownership Resale

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

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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

Location

Ilford'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 rating

Energy rating band - B
Environmental impact band - B

Layout and dimensions

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

Lease information

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 Plan
Map
Ilford (0.10 miles) Manor Park (1.01 miles) Woodgrange Park (1.17 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£71,250
Shared Ownership Resale
Estimated Monthly Cost:£1,114
Rent £551
Service Charge £157
Mortgage £406

Share percentage 25%, full price £285,000, £3,563 Min Deposit. Calculated using a representative rate of 5.26%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.