Summary - York Mews, Ilford, Essex, IG1 3AD IG1 3AD
2 bed 1 bath Apartment
Immediate rental income close to Ilford station and local amenities.
Two double bedrooms and reception room, 706 sq ft
This two-bedroom second-floor flat sits in a Victorian mixed-use building just 50 yards from Ilford Mainline station, offering immediate commuter appeal. At 706 sq ft the accommodation includes two double bedrooms, a reception room, basic kitchen and a three-piece bathroom — a straightforward layout suited to rental or a first-time purchase.
The property is sold subject to a periodic tenancy currently producing £1,175 pcm, providing immediate rental income for a buyer. The 94-year lease, low ground rent (£50 pa) and no standing service charge (payable only for communal repairs) keep running costs clear and predictable.
The flat is in an area classified as deprived with very high local crime levels; buyers should factor management and security measures into budgets. The building has period character and clear scope for cosmetic improvement or refurbishment to increase rental value or create a more modern home.
Nearby amenities are comprehensive — shops, eateries and bus/rail links are immediate, and broadband and mobile signals are strong. This makes the flat practical for young tenants, students or commuters. The location’s advantages should be balanced against local social challenges and the remaining lease length when assessing long-term value.
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