2 bedroom flat for sale

£98,750 Shared ownership

Ilford Hill, Ilford IG1

2 bedroom flat for sale 2 2
Interested in this property? Call +44 20 8115 8247 * or Request Details

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Property description

The Onyx, Two Bedroom Apartment

Full price: £405,000
25% share: £101,250
Rent: £696
Service charge: £165.85

New Shared Ownership apartments in the heart of Ilford

Welcome to The Paragon, an exciting new residential development offering 1 and 2 bedroom apartments in the heart of Ilford. The Paragon is a shining example of contemporary city living. This dazzling new development is sure to draw admiring glances with two iconic towers of 14 and 18 storeys.

Apartments are spacious and incredibly light thanks to large windows, high ceilings and contemporary open-plan living spaces.

Outside, a beautiful landscaped plaza surrounds The Paragon, designed to offer residents a place to sit-back and relax at their leisure. The plaza neatly connects The Paragon to the bustling town centre.

The Paragon is situated on Ilford Hill close to the mainline railway station, which from 2018 will offer the much-awaited Crossrail link. The town is a lively, cosmopolitan community with a wide range of first-class shopping and entertainment. While a little further afield, there are parks and plenty of places for walks or working out.

Best of all, The Paragon is a beacon of hope. As a shared ownership scheme, everybody from couples and sharers to young families has the chance to own a well-built, brilliantly designed, spacious new home at an affordable price.

Bright lights, big city
Ilford is a lively and popular town east of central London.

Today, the town is an attractive, welcoming and economically successful area that benefits from its cosmopolitan feel and a host of shops and entertainment. High street retailers rub shoulders with independent stores to offer a wide range of shopping and bars, cafes and restaurants provide plenty of places to meet friends and catch up.

Further afield, Valentines Park is the largest green space in the borough. It plays host to Valentines Mansion & Gardens, a magnificent Georgian house and tranquil walled garden, that includes a unique dry garden opened by the Queen in 2012. Seven Kings Park also nearby, holds the prestigious Green Flag award for cleanliness.

Ilford is part of a major regeneration program, which is set to re-establish the town as the heart of east London. The multi-million pound investment will create new homes, new jobs and further improve Ilfords transport links throughout the area.

Ilford Hill will also benefit from a street redevelopment project, adding to the exciting expansion of the area. It will introduce new pedestrianised areas and cycle facilities, as well as a new meadow space opposite the Exchange Shopping Centre. In all, the regeneration will improve the quality, look and feel of Ilford, Perfect for The Paragon and its new owners

Property info

Floorplan(s): Floorplan 1

View original

Property value data/graphs for IG1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £655,826 £356 3.9 £975,600
Semi-detached £578,432 £406 3.9 £560,714
Terraced £418,821 £402 3.3 £437,425
Flats £256,009 £431 1.7 £251,744

Current asking prices in IG1

Average: £375,293
Avg. current asking prices in IG1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £315,000
(2)
£301,950
(10)
£429,402
(57)
£528,256
(41)
£633,182
(11)
Flats £189,828
(45)
£304,693
(65)
£356,667
(3)
£415,000
(3)
-
All £195,155
(47)
£304,328
(75)
£425,766
(60)
£520,534
(44)
£633,182
(11)

Current asking rents in IG1

Average: £1,307 pcm
Avg. current asking prices in IG1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £608 pcm
(10)
£1,222 pcm
(10)
£1,683 pcm
(31)
£1,859 pcm
(16)
£2,334 pcm
(6)
Flats £967 pcm
(108)
£1,390 pcm
(88)
£1,556 pcm
(12)
£1,709 pcm
(5)
£1,101 pcm
(1)
All £937 pcm
(118)
£1,373 pcm
(98)
£1,648 pcm
(43)
£1,823 pcm
(21)
£2,157 pcm
(7)

Fun facts for IG1

Highest value in IG1
Highest value streets Zed-Index
Holcombe Road £1,011,683
Emerson Road £962,086
Tillotson Road £912,404
Chelmsford Gardens £744,853
Rochester Gardens £738,546
Highest turnover in IG1
Highest turnover streets Turnover
Morland Road 30.2%
Worcester Gardens 27.3%
Cedar Close 26.7%
Ilford Hill 25.8%
Twyford Road 25.7%
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For more information about this property, please contact
NU Living - The Paragon, IG1 on +44 20 8115 8247 * (local rate)

Monthly running costs Beta

£459 Monthly total

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £24/mo (£285/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £22 Electricity £32 Estimated energy cost £54/mo

Similar properties could save up to £259

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7200 kWh/year
Electricity: 2300 kWh/year

Source: National Energy Efficiency Data Framework

Water

Supply £13 Sewerage £13 Estimated water cost £26 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact NU Living - The Paragon about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by NU Living - The Paragon, and do not constitute property particulars. Please contact NU Living - The Paragon for full details and further information. The Running Costs data displayed on this page are provided by Homes24 to give an indication of potential running costs based on various data sources. Homes24 does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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