£217,500
1 bed flat for sale
Clarence Avenue, Ilford, London IG2Shared ownership
Leasehold
1 bed
Key information
Tenure
Leasehold (116 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
About this property
One-bedroom apartment
Private balcony
Modern building (2016)
Great transport links
Available for 75% share
5% minimum deposit only
Modern, bright & spacious one-bedroom apartment now available in London through Shared Ownership.
The property comprises a wide living room with a private balcony, an open-plan fitted kitchen, and a large ensuite bedroom. This could be ideal for a couple or a single person.
The flat is on the first floor of a relatively modern construction (circa 2016).
Available for £217,500 for 75% share based on the marketing figure of £290,000.
Monthly rent - £221.02
Monthly Service Charge - £218.19
Total Monthly Charge - £439.21 plus mortgage required for 75% share.
An annual rent increase takes place every April
Location
The property sits in a tranquil residential area in Grants Hill, north of Ilford's town centre, which is a little more than a mile away.
The location is excellent for transportation, thanks to the several underground stations, with Central and Elizabeth Lines available, allowing to reach Central London in less than half an hour.
All amenities are nearby, with more pubs, restaurants and shops in Gants Hill and more in Ilford.
EPC rating
Energy rating band - B
Environmental impact band - A
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
Listed by
SO Resi - Resale
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