Calling all investors to discover this great opportunity to add this great investment to your portfolio currently achieving a rental income of £48,600 pa but has the potential to achieve £54,000 pa. The property comprises of three flats, two, two bedroom flats and one studio flat located in a prime location only a short walk to Ilford station and town centre. Boasting a chain-free status and freehold tenure, this residence is not only a sound investment but a great opportunity for an experienced landord to add to their current portfolio.
The flats are well positioned within walking distance to Valentines Park, and offers convenience and tranquility with an ease of access to a wide array of amenities, with shops, supermarkets, and restaurants in close proximity. The Exchange Mall provides an excellent shopping experience, while Ilford Station and bus stops ensure seamless connectivity.
With its enviable location, impeccable amenities, and a wealth of nearby attractions, this property presents a remarkable opportunity for discerning investors seeking to add their portfolio a location that is very sought after. Dont miss out on the chance to make this exceptional portfolio your own and revel in the finest that this vibrant location has to offer.
Ground Floor Flat - Reception: 11'10" x 10'10" (3.38m x 3.07m) Kitchen: 10'0" x 8'10" (3.04m x 2.46m) Bedroom 1: 17'0 x 11'10" (5.18m x 3.38m) Bedroom 2: 12'0" x 11'10" (3.65m x 3.38m) Bathroom: 7'0" x 5'10" (2.13m x 1.55m)
First Floor Flat - Reception: 17'10" x 12'0" (5.21m x 3.65m) Kitchen: 13'0" x 5'0" (3.96m x 1.52m) Bedroom 1: 12'0 x 9'0" (3.65m x 2.74m) Bedroom 2: 11'0" x 10'0" (3.35m x 3.04m) Bathroom: 8'10" x 5'10" (2.46m x 1.55m)
Second Floor (studio) Studio: 19'0" x 8'11" (5.79m x 2.47m) Kitchen: 9'10" x 5'10" (2.77m x 1.55m) Bathroom: 7'0" x 2'10" (2.13m x 0.64m)
Please Note: All dimensions are approximate and are quoted for guidance only, their accuracy cannot be confirmed. Reference to appliances and/or services does not imply they are necessarily in working order or fit for the purpose. Buyers are advised to obtain verification from their solicitors as to the Freehold/Leasehold status of the property, the position regarding any fixtures and fittings and where the property has been extended/converted as to Planning Approval and Building Regulations compliance. These particulars do not constitute or form part of an offer or contract, nor may they be regarded as representations. All interested parties must themselves verify their accuracy. Where a room layout is included this is for general guidance only, it is not to scale and its accuracy cannot be confirmed.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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