1 bedroom ground floor flat for sale
Key information
Property description & features
- Cash buyers only
- Private Garden
- Tenanted till June 2024
- 50 years lease remaining
The property is located around 15 minutes walk away from Ilford train station with regular train services to/from Liverpool Street Station (18 minutes one way).
Key Features:
1. Location: Located in Ilford IG1, this property enjoys a prime location with easy access to essential amenities, public transportation, schools, and parks. It offers the perfect blend of urban convenience and suburban tranquillity.
2. Garden Space: The flat boasts a private garden, providing a serene outdoor space for tenants and potential for future enhancements. It's the ideal retreat for relaxation or gardening enthusiasts.
3. Investment Opportunity: This property comes with existing tenants, making it a hassle-free investment opportunity from day one. Enjoy immediate rental income with this turnkey investment.
4. Short Lease: The property is available on a short lease with approximately 50 years remaining. While this may be a concern for some, it presents a unique opportunity for investors to negotiate favourable terms and unlock the full potential of this property.
5. Potential for Lease Extension: Investors with a vision can explore lease extension options to enhance the property's value, providing a long-term strategy for maximizing returns.
6. Cash Buyers Only: This property is exclusively available to cash buyers, ensuring a streamlined and efficient transaction process.
Lease Length: 50 year approx
Service Charge: Ad hoc
Ground Rent: TBC
Council Tax: London Borough of Redbridge Band B
EPC Rating: D
Places of interest
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Property reference 4859. 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.
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Broadband availability and predicted speed: obtained from Ofcom on January 13, 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
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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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