£135,000
1 bed flat for saleHale Point, Ilford, London IG1
1 bed
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
One-bedroom apartment
Private balcony
Central London >1hr
Local amenities
Available for 25% share
5% minimum deposit only
Bright and modern one-bedroom apartment now available in Ilford, East London through Shared Ownership.
The property comprises of an open plan living room, a modern fitted kitchen and a bathroom; huge windows throughout the apartment, bringing in lots of natural sunlight.
The apartment is on the fifth floor of a newly built construction (circa 2018); with a private balcony.
Available for £135,000 for 45% share based on the marketing figure of £300,000.
Monthly rent - £440.22
Monthly Service Charge - £213.64
Total Monthly Charge - £653.86 plus mortgage required for 45% share.
An annual rent increase takes place every April
Location
Located in the heart of Ilford, just a 10 minute walk from Ilford station with fast Elizabeth line links to central London under 40 minutes.
The area offers plenty of amenities, including a gym, a local supermarket and a shopping centre within walking distance.
Enjoy green space with Little Ilford Park just a 15 minute walk away. King George Hospital and Spire London East Hospital are also easily accessible.
EPC rating
Energy rating band - B
Environmental impact band - B
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.
More information
Tenure
Leasehold (119 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review