1 bedroom apartment for sale
Key information
Property description & features
- Cash buyers only
- Tenanted till May 2024
- 50 year lease remaining
Key Features:
Prime Location: Situated in Ilford IG1, this property enjoys a prime location with easy access to a range of amenities. Whether it's shopping, dining, or entertainment, everything you need is within reach. Excellent transport links ensure you're well-connected to the rest of London and beyond.
Income from Day One: This flat is already generating rental income, providing you with immediate returns on your investment. You won't have to worry about securing tenants or waiting for the property to start paying for itself.
Short Lease: With just 50 years remaining on the lease, this property offers a unique opportunity for investors. You have the potential to extend the lease or explore other creative solutions to maximize your return.
First-Floor Convenience: Situated on the first floor, this flat offers both convenience and security. It's easily accessible yet provides a sense of privacy, making it an attractive option for tenants.
Cash Buyers Only: This investment opportunity is exclusively available to cash buyers, ensuring a streamlined and efficient purchase process.
Lease Length: 50 year approx
Service Charge: Ad hoc
Ground Rent: TBC
Council Tax: London Borough of Redbridge Band B
EPC Rating: E
Places of interest
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Property reference 4860. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by City & Urban International - Shoreditch.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 19, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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