1 Bed Flat For Sale Endsleigh Gardens, Ilford, IG1

£200,000- Flat

Short Lease
1 of 8
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Last Updated: 4th March 2024

Description

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
Agent Details
City & Urban
25 Phipp Street, London, EC2A 4NP

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested