Investment Opportunity in Ilford! An exceptional opportunity awaits with this 1-bedroom flat, ideally suited for a buy-to-let investor. Priced at £240,000, this property is currently occupied by a tenant, providing an immediate and hassle-free rental income from day one. 1 Bedroom Flat: A well-proportioned one-bedroom apartment, highly sought after by renters in the area.Private Balcony: A valuable outdoor space, a key feature that enhances a property's appeal and rental value.Designated Parking Space: The inclusion of private parking is a significant advantage in Ilford, appealing to a wider range of prospective tenants.Location Highlights: The flat is strategically located in Ilford, a thriving East London hub with excellent connectivity. Ilford Station, on the Elizabeth Line, provides fast and direct links to Central London, making it a popular choice for commuters. The area boasts a wide array of amenities, including The Exchange Shopping Centre, an extensive range of local shops, restaurants, and recreational spaces. The combination of superb transport links and local amenities ensures strong and consistent rental demand. Investment Potential:Ilford is a key regeneration area, with ongoing projects aimed at revitalising the town centre. This continuous investment and development are expected to drive future property price growth, offering a promising capital appreciation for investors. With its existing tenant, this property provides a solid return on investment from the moment of purchase.This well-located and low-maintenance flat offers a compelling investment proposition for those seeking a reliable and high-demand asset in a growing London market.
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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