A double bedroom ground floor apartment with private garden in Ilford. The property has an open plan lounge/kitchen, bathroom and double bedroom.\r
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).\r
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Key Features:\r
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.\r
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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.\r
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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.\r
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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.\r
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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.\r
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6. Cash Buyers Only: This property is exclusively available to cash buyers, ensuring a streamlined and efficient transaction process.\r
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Lease Length: 50 year approx\r
Service Charge: Ad hoc\r
Ground Rent: TBC\r
Council Tax: London Borough of Redbridge Band B\r
EPC Rating: D