1 bed flat for sale

Allerton Grove, Chigwell IG7

Shared ownership

Full Market Value - £250,000

You Pay (40%) - £100,000

Monthly Rent - £491.44

Service Charge - £195.60

Annual Ground Rent - £100.00

125 year lease commenced in August 2017 - 117 years remaining

EWS1 Certification not required.

Set on the second (top) floor, this apartment comprises of a dual aspect open plan area opening onto a juliette balcony, a contemporary bathroom and a spacious double bedroom with extra deep wardrobe storage. It has a long lease remaining and come with an allocated parking space.

Ideally located for Hainault and Chigwell and their shops and local amenities. Just 10 minutes to Hainault Tube line for direct links to Central London. Great commuter roads serving Essex and the London area by way of the A12, A127 and M25.

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 £42,865 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 the property for our schemes. If you are not registered please visit our website 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