For Sale1 Bedroom Flat in Manford Way, Chigwell, IG7£147,500

A one Bedroom apartment comprising entrance into open plan kitchen/living/dining room with direct access onto private balcony. A double bedroom and contemporary bathroom. Full Market Value: £295,000 25% Share £73,750- Rent £507.03pcm 50% Share £147,500- Rent £338.02pcm 75% Share £221,250- Rent £169.01pcm Minimum 5% Mortgage Deposit (25% share): £ A superb collection of 1 to 3 bedroom apartments located on Manford Way, in the centre of Hainault. This contemporary and sustainably designed development will also seek to enhance existing community spaces, whilst creating sleek and modern new homes. It is located less than a mile to both Hainault and Grange Hill Train Stations, which connects to London Liverpool Street in half an hour via the Central Line. The apartments are ideally placed adjacent to local facilities, including Tesco Express and the Post Office. The nearby Hainault Forest Country Park and Fairlop Waters offer an idyllic landscape to enjoy and explore. The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up-front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you'd expect to pay if you bought a similar property outright. You can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you're ready, you can buy more shares until you staircase to owning 100% of your home.