Summary - 4 CAMERON ROAD ILFORD IG3 8LA
3 bed 1 bath Commercial Property
**Standout Features:**
- **Tenure:** Freehold with a unique 999-year leasehold from completion.
- **Size:** Generous 1,539 square feet total across residential and commercial spaces.
- **Location:** Prime position directly opposite Seven Kings Train Station (Elizabeth Line) in a bustling area.
- **Rental Income:** Produces a total of £46,600 annually from a diverse tenant mix.
- **Accessibility:** Excellent mobile signal and fast broadband speeds.
- **Condition:** Built in the 1930s, commercial property with double glazing.
**Potential Concerns:**
- **Crime Rate:** Above average for the area.
- **Area Condition:** Noted as deprived, which may affect future value.
- **Insulation Status:** Solid brick built with no known insulation.
This remarkable multi-use Victorian property in Seven Kings offers a blend of commercial and residential opportunities, ideal for savvy investors. The ground floor features a thriving retail unit currently leased until 2028, while two cozy flats above yield steady rental income until late 2025. With its attractive location, just steps from the Elizabeth Line and surrounded by essential amenities, this property caters to both business and residential needs.
Despite its positives, it's essential to consider the above-average crime rate and current condition as the area experiences some deprivation. This could potentially influence rental yields or long-term value growth. With viewing available ahead of the public auction on September 11th at 12:00, don’t miss the chance to secure a versatile investment in this burgeoning neighborhood!
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