1/32
£650,000
Town house · 5 beds · 3 baths · 1,742 sq ft
Monarch Way, Ilford, IG2
0.01 miles away
Freehold
1/14
1/14
2 bed flat for sale Monarch Way, Ilford, IG2
Offers over
£290,000
Added on 24/09/2026
Added on 24/09/2026
- Type
- Flat
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- £441 per sq ft
- Tenure
- Ask agent
Council tax Band C £2,040 a year
Key features
- Secure parking
- Chain free
- Stones throw from Station
- En suite
About this property
Nestled in a prime location within the highly sought-after Memorial Heights development in the IG2 area, this first-floor apartment boasts two spacious bedrooms. The property offers a bright and airy living space, perfect for entertaining guests or unwinding after a long day. The well-appointed kitchen is a chef's dream, complete with ample storage space.
Floorplan
Council tax
Band C £2,040 a year
Per year
- Band A£1,530
- Band B£1,785
- Band CThis home: £2,040
- Band D£2,295
- Band E£2,804
- Band F£3,314
- Band G£3,824
- Band H£4,589
This home is in band C, which costs £2,040 a year in Redbridge for 2026/27.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Redbridge, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.
Price guide
100 comparables · within 2.8 milesPriced above 53% of the 2-bed flats for sale nearby right now.
This home, £290,000 Median £280,000 · £240,000 – £427,500
Per square foot
£441 6% over
2-bed flats nearby £415
Against sold prices
8% under
IG2 sold median £480 / sq ft, 249 sales
Compared with 100 2-bed flats for sale within 2.8 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in IG2 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in IG2 →
Location
Monarch Way, Ilford, IG2
Mortgage and stamp duty
Property price £290,000
£145k £435k
Deposit10% £29,000
£0 £290k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £261,000 mortgage. Most lenders would want a household income of about £58,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 8, Monarch Way Terraced | Terraced | Jan 2023 | 2,045 sq ft £310/sq ft | 2,045 sq ft | £310 | £635,000 |
| 12, Monarch Way Flat / maisonette | Flat / maisonette | Jun 2022 | 474 sq ft £517/sq ft | 474 sq ft | £517 | £245,000 |
| 5, Monarch Way Terraced | Terraced | Aug 2020 | 1,981 sq ft £303/sq ft | 1,981 sq ft | £303 | £600,000 |
| 6, Monarch Way Terraced | Terraced | Dec 2019 | 2,002 sq ft £300/sq ft | 2,002 sq ft | £300 | £601,000 |
| 12, Monarch Way Flat / maisonette | Flat / maisonette | Jan 2019 | 474 sq ft £513/sq ft | 474 sq ft | £513 | £243,000 |
| 7, Monarch Way Terraced | Terraced | Jun 2015 | 1,787 sq ft £270/sq ft | 1,787 sq ft | £270 | £482,000 |
| 10, Monarch Way Flat / maisonette | Flat / maisonette | Jul 2014 | 560 sq ft £348/sq ft | 560 sq ft | £348 | £195,000 |
| 10, Monarch Way Flat / maisonette | Flat / maisonette | May 2007 | 560 sq ft £322/sq ft | 560 sq ft | £322 | £180,000 |
Area insights
The neighbourhood around this property.
