2 bed flat for sale Spectrum Tower, Hainault Street, IG1

2 beds 2 baths Apartment

For sale by auction Tenure: ask agent

Added today

About this property

WHEN ENQUIRING PLEASE QUOTE REFERENCE PP0079 FOR SALE BY MODERN METHOD OF AUCTION Offered to the market is this two double bedroom 2nd floor purpose built apartment. Located in a popular area and affording good access to local transport links and shopping facilities, the property is, in my opinion, an ideal buy to let investment or first time purchase. Comprising of lounge, kitchen, two double bedrooms, the principal having ensuite facilities, and three piece bathroom suite.

Key features

FOR SALE BY MODERN METHOD OF AUCTION
WHEN ENQUIRING PLEASE QUOTE REFERENCE PP0079
Two Double Bedroom 2nd Floor Purpose Built Apartment
Ideal Buy To Let Or First Time Buyer Purchase
Requiring Some Internal DIY
Ideally Located For Ilford Train Station
Main Bedroom With Ensuite Facilities
Offered With Vacant Chain Free Possession

Floorplan

Location

Spectrum Tower, Hainault Street, IG1

Open map Street View

Council tax band: Ask agent

Mortgage and stamp duty

Property price £190,000

£95k £285k

Deposit10% £19,000

£0 £190k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £171,000 mortgage. Most lenders would want a household income of about £38,000 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.