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£103,500
One bedroom apartment in popular development
You can apply to buy the home if all of the following apply:
- your household income is £90,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
SHARED OWNERSHIP
Full Market Value: £230,000
Share Value (45%): £103,500
Monthly Rent: £309.00
Service Charge: £196.47
Council Tax Band: C
125 year lease commenced January 2016- 115 years remaining
EWS1 certification status for this property is the responsibility of a third party. No costs for remediation works will be passed to Leaseholders.
(Furniture and furnishings may be included subject to discussion with current owner)
All rooms lead off a central hallway, with storage, in this well maintained apartment. The bedroom and the open plan living area have a west facing aspect, the living area having a juliette balcony to make the most of the sun. The modern kitchen includes an integrated oven, hob and extractor and includes spaces for your white goods. A part tiled bathroom with a shower over the bath and shower screen, completes the accommodation.
The property is located in a sought-after area. Ilford Station, on the Elizabeth Line, is a short walk from the property, allowing convenient access into Central London and beyond. Ilford Town centre is also a very short walk with many local shops, supermarkets, bus rouites, schools and parks all within close proximity
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £36,899. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website http://www.lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at December 2025.
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