Blank-canvas apartment near Ilford Elizabeth Line — strong rental prospects.
Two double bedrooms including master with en suite shower room
Open-plan kitchen/lounge leading to private balcony
Approximately 637 sq ft — average-sized apartment
Chain free and served by two lifts to first floor
Long lease (circa 155 years) — leasehold tenure
Requires light to moderate refurbishment throughout
Communal concierge and on-site gym included in the development
Very high local crime rate — consider management and insurance costs
This first-floor, two-bedroom apartment in Ilford town centre offers a straightforward investment opportunity with immediate letting potential. The layout includes a master bedroom with en suite, a separate bathroom, and an open-plan kitchen/lounge that leads onto a private balcony. At approximately 637 sq ft, the flat is a practical size for a buy-to-let or first refurbishment project.
The property is chain free and accessed by two lifts in a modern development with concierge and on-site gym — conveniences that appeal to renters seeking city living and easy commuting. Ilford Station (Elizabeth Line) is within minutes, increasing rental demand and tenant reach across London.
The flat is sold as a blank canvas and requires light to moderate refurbishment to reach its full potential. It benefits from gas central heating, double glazing, and a long lease (about 155 years), but is leasehold with an average ground rent of £280. Cash buyers are preferred due to the sale terms and refurbishment requirement.
Be clear on local context: the wider area is inner-city cosmopolitan and attractive to many tenants, but crime levels are recorded as very high, which may affect insurance costs, management arrangements, and tenant screening. Investors should factor refurbishment budgets and ongoing service charges when assessing yield and resale prospects.
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