Summary - 28 KINGSWOOD ROAD ILFORD IG3 8UE
7 bed 1 bath Triplex
**Key Features:**
- Fully extended double-fronted property with three separate flats
- Ground and first-floor flats each with three bedrooms; large studio on the second floor
- Potential rental income of £5,500 PCM, currently generating £4,750 PCM
- Spacious outbuilding with bathroom, ideal for extra storage or utility space
- Ample off-street parking available
- Situated a short walk from Goodmayes TFL Rail and Elizabeth Line station for convenient commuting
- Total living space: 2,168 sq. ft.
This fully extended triplex property presents an exceptional investment opportunity, boasting three well-appointed flats, perfect for generating substantial rental income. Each unit features thoughtful layouts, with the ground and first-floor flats offering three bedrooms, while the expansive studio on the second floor provides additional versatility. The large outbuilding adds value as extra storage or potential workspace.
Located in a vibrant community just minutes from Goodmayes station, commuting into the city is seamless, enhancing the property's appeal for tenants. While the current rental income stands at £4,750 PCM, the achievable potential is promising at £5,500 PCM. The property is primarily in good condition; however, investors should consider that the solid brick structure may require some cosmetic updates or enhancements over time.
Families and first-time buyers will appreciate the nearby amenities, including schools rated 'Good' by OFSTED, making this an ideal living space. With a competitive price of £950,000, this property combines comfort, investment potential, and the excitement of urban living. Don’t miss out on this unique opportunity to secure a multi-flat property in a bustling area—act quickly as it won’t last long!
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