Summary - 8C ARGYLE ROAD ILFORD IG1 3BQ
1 bed 1 bath Flat
Freshly renovated studio close to transport — suited to cash buyers or investors.
• Recently renovated one-bedroom studio, approximately 332 sq ft
• Around 53 years remaining on the lease — extension required
• Many lenders likely to refuse mortgages — cash buyers preferred
• Strong central location near shops, buses and Ilford station
• Very high local crime levels — may affect insurance and lettings
• Low council tax and immediate rental potential
• Period building: high ceilings, Victorian bay windows, solid brick
• No flooding risk; mains gas boiler and fast broadband available
A compact one-bedroom studio flat set on Argyle Road, Ilford, freshly renovated and ready for occupation or letting. The open living area, high ceilings and Victorian bay windows give the small 332 sq ft space a bright, period feel despite the modest footprint. Its central location places shops, buses and Ilford station within easy walking distance.
This property is priced to reflect a short lease (around 53 years remaining). That short lease is the defining factor for buyers: many mortgage lenders may refuse lending, so the purchase is most suitable for cash buyers or investors prepared to arrange specialist finance and factor in the cost of a lease extension. The flat is offered as leasehold and will need lease-length attention soon.
For investors the flat offers immediate rental potential in a busy town-centre location and low council tax. Note the local area records very high crime levels and some parts of the surrounding neighbourhood are economically deprived; these factors may affect rental demand and insurance costs. The building is period stock with solid brick walls and double glazing installed at an unknown date.
Overall this is a value-conscious purchase for someone who can buy with cash or handle a lease extension. The renovated interior and transport links are strengths; the short lease and local area issues are important, material considerations that influence financing, long-term value and lettability.
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