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Ilford Works

Shared ownership

Ilford, IG1 2ZR

For salenew home
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Photo of Ilford Works
Live from space album cover
  • from

    £105,000

    2 bedroom

from

£105,000

with min. deposit

£5,250

Southern Home Ownership

£105,000

2 bedroom flat

Availability

For sale

Minimum share

30%

Full market price

£350,000

Deposit from

£5,250

Monthly rent

£561

Monthly service charge

£198

Bedrooms

2

Bathrooms

2

Reception rooms

1

Furniture status

unfurnished

Number of floors

1

Entrance floor

8th floor

Tenure

leasehold

Property features

BalconyCommunal GardenLift access

Overview

 Final 2 bedroom apartment available at Ilford Works!

 

About Ilford Works

The new Ilford Works development is perfectly located to match your contemporary lifestyle with a handy local shopping centre in one direction and open fields in the other, in a buzzing part of London just minutes from the City and West End.

Apartments are beautifully designed with fully fitted kitchen, generously proportioned, open plan living areas and an eye-catching bathroom equipped with the latest units. This is the perfect opportunity to get onto the housing ladder, owning a home to be proud of.

The property is conveniently located just minutes from Ilford train …

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

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

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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