Summary - Flat 2, 6, Mildmay Road, ILFORD IG1 1DT
4 bed 3 bath Block of Apartments
**Standout Features:**
- **Investment Opportunity**: Freehold property with three fully licensed flats (1-bedroom, 2-bedroom, and studio).
- **High Yield Potential**: Generating an estimated £50,000 - £55,000 per annum.
- **Location**: Excellent access to amenities, transport links, and vibrant community.
- **Off-Street Parking**: Added convenience in a busy residential area.
- **Chain-Free**: Smooth purchase process without delays.
This exceptional freehold block of flats on Mildmay Road in Ilford represents a golden opportunity for investors or families seeking rental potential. Comprising three self-contained units—one 1-bedroom flat, one 2-bedroom flat, and a cozy studio—this property is tailored for high returns with all units currently licensed. The architecturally appealing Victorian building features bay windows and high ceilings, complemented by modern kitchens and tiled bathrooms.
An average-sized garden and modest front space provide additional outdoor areas for tenants or family gatherings, while off-street parking enhances accessibility. Located in a bustling area with a plethora of amenities, green spaces, and excellent transport links, this property is not just a house; it's a gateway to a thriving lifestyle.
While the exterior is charming and the interiors are light-filled, potential buyers should be aware of the local high crime rate and area deprivation, which may affect long-term value. With schools rated as outstanding nearby, this property stands as a versatile investment option or a comfortable residence for families seeking separate living quarters. Don’t miss out on this opportunity—properties like this, offering both potential and convenience, are hard to come by!
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