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£185,000
A 2 bed shared ownership property available in Ilford, London
This bright, well presented two bedroom apartment is now available in Illford through Shared Ownership.
The property on the first floor comprises an entrance hall, a living room with a open plan kitchen, two bedrooms (one en-suite) and a bathroom.
Outside, there is a private balcony. Perfect for couples and small families.
Available for £185,000 for 50% share based on the marketing figure of £370,000.
Monthly rent - £564.55
Monthly Service Charge - £207.39
Total Monthly Charge - £771.94 plus mortgage required for 50% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
LocationThe property is located close to a range of local amenities including supermarkets, shops, and restaurants. The property also benefits from close proximity to a range of parks and recreational fields, including Fairlop Waters Country Park. Hainault underground station is roughly a 4-minute walk from the property and offers connections on the central line.
EPC ratingEnergy Rating Band - B
Environmental Impact Band - B
Years remaining on lease: 113
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.
Other informationHow we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by SO Resi and MTVH
You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
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