Ilford Works – Save Money With Shared Ownership
Sandwiched between Wanstead and Barking is Ilford Works; our collection of one and two-bedroom apartments for Shared Ownership in East London.
Every home at Ilford Works is beautifully designed and features a contemporary open plan living area, spacious rooms and a private balcony or terrace.
High-spec integrated white goods (fridge/freezer, dishwasher and washing machine) also come as standard at Ilford Works, so that residents are able to enjoy their new home from the day they move in.
An advantage of buying a Shared Ownership home at Ilford Works is that the combined monthly mortgage fees and subsidised rental typically amounts to a lower amount than an equivalent monthly fee for a rental property.
That’s right; if you buy a share of one of our Shared Ownership homes at Ilford Works, it’s likely your monthly costs will be lower than renting.
For example, a one-bedroom apartment at Ilford Works will cost £955 per month, based on purchasing a share of 35%. Whereas, the average price to rent a one-bedroom apartment in the Ilford neighbourhood amounts to £1,250*. This equates to a £295 saving every month.
To book your viewing of our remaining homes at Ilford Works, please visit our website.
*Rent figures taken from Rightmove, November 2019.
Are you looking for a stylish and modern Shared Ownership home in East London?
Our latest Shared Ownership development, Ilford Works, is located in the East London borough of Redbridge. Featuring a collection of one and two-bedroom apartments, Ilford Works is perfect for first time buyers wanting to get on the property ladder and require a fast commute into central London.
To receive exclusive email updates about this development, including floorplans, images, open day details, launch dates and prices, register your details with us, today.