Summary - CITY GATE HOUSE, 399 - 425 FLAT 21 EASTERN AVENUE ILFORD IG2 6LQ
2 bed 1 bath Flat
High-yield, tenanted property opposite the station—ideal for buy-to-let investors.
- Third-floor two-bedroom flat in purpose-built block
- Let on AST at £1,600pcm (£19,200pa) — immediate income
- EPC B and approximately 106 years remaining on lease
- Opposite station; short walk to Valentines Park and shops
- Sold at public auction; legal pack and tenancy to be checked
- Electric storage heaters; higher running costs and possible upgrades
- Double glazing installed pre-2002 — may need replacement later
- System-built 1990s block; communal maintenance considerations
A third-floor, two-bedroom flat in a modern purpose-built block, currently let on an Assured Shorthold Tenancy producing £1,600pcm (£19,200pa). The property sits opposite the station with fast broadband, excellent mobile signal and easy access to Valentines Park and local shops, offering strong rental appeal in a well-connected Ilford location.
The lease has approximately 106 years remaining and the EPC rating is B. Accommodation comprises reception room, kitchen, two bedrooms and a bathroom. Heating is by electric storage heaters and double glazing was installed before 2002; both are functional but may need future upgrading for efficiency and tenant comfort.
This lot is offered for sale by public auction and is sold with a sitting tenant, delivering immediate income. Prospective buyers should review the legal pack and tenancy documentation prior to bidding. The block dates from the early 1990s and presents typical communal and maintenance considerations for a system-built residential tower.
Suitable for buy-to-let investors seeking immediate yield in a major conurbation, the flat combines location and income but carries the usual auction and leasehold considerations, plus potential future expenditure on heating and window upgrades.
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