Atkins House, Ilford, IG1 2ZR
Atkins House, Ilford, IG1 2ZR
from
£148,500
with min. deposit
£7,425
1 bedroom flat
An excellent purchase for first time buyers, this newly built contemporary one bedroom apartment is located on the second floor of a modern apartment block. The property consists of a large bright and airy reception room with a fully fitted open plan kitchen, the reception benefits from sliding doors that lead to a private balcony. There is a spacious double bedroom with fitted wardrobes and and a family style bathroom and a large storage cupboard in the hallway.
With Ilford overground station a stones throw, this is perfect for commuters, offering a very short 20 minute journey into Liverpool Street Station. With cross rail planned to …
Features
Bedrooms | 1 |
Bathrooms | 1 |
Reception rooms | 1 |
Furniture status | unfurnished |
Floor area | 49.5 |
Number of floors | 1 |
Entrance floor | 2nd floor |
Tenure | leasehold |
Lease years | 90 |
from
£148,500
with min. deposit
£7,425
FAQs
Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.
You can read more on the Help to Buy FAQ
The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.
Read more about eligibility in the FAQ
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