Summary - Wellesley Road, Ilford, Essex, IG14JX IG1 4JX
5 bed 3 bath Semi-Detached
**Standout Features:**
- Prime location close to Ilford station and town center
- Chain-free and freehold status
- Currently generates a rental income of £48,600 pa, with potential for £54,000 pa
- Comprises two two-bedroom flats and one studio flat
- Within walking distance to Valentines Park and local amenities
- Excellent mobile signal and fast broadband speeds
**Potential Concerns:**
- Very high crime rate in the area
- Property condition and maintenance status unknown—requires due diligence
Discover an exceptional investment opportunity in this semi-detached Victorian property, offering three well-positioned flats in a vibrant area known for its rich culture and young ethnic communities. With a total of five bedrooms and three bathrooms, this residence is ideally situated just a short stroll from both Ilford station and the scenic Valentines Park. Enjoy the convenience of local shops, supermarkets, and eateries, alongside excellent transport links, making it a desirable spot for renters.
Currently achieving an annual rental income of £48,600, there's significant potential to boost this to £54,000, making it a lucrative option for seasoned or aspiring landlords. The chain-free status and freehold tenure ensure a hassle-free purchase process. Future flexibility allows for potential renovations, enhancing property value further. However, it’s advised to consider the area’s very high crime rates and verify the current condition of the flats prior to investment. Don’t miss this rare chance to secure a sound asset in a sought-after location—opportunities like this don’t last long!
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