IG1 2BN - 2 bed auction investment flat in Forsythia Close, IG1 2BN

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2 bedroom flat for sale in Flat 23 Springfield Court, Forsythia Close, Ilford, Essex, IG1 2BN, IG1

Summary - SPRINGFIELD COURT FLAT 1 FORSYTHIA CLOSE ILFORD IG1 2BN

2 bed 1 bath Flat

Compact two-bed fixer in Ilford — parking and communal garden near Barking station.
- Vacant second-floor two-bedroom flat (approx 329 sq ft)
- Requires full refurbishment; kitchen and bathroom works likely
- 89 years unexpired on the lease; extension will cost extra
- For sale by public auction — check legal pack before bidding
- Allocated off-street parking and communal gardens included
- Electric room heating; double glazing installed after 2002
- EPC rating C; no flood risk
- Area: good transport links, above-average crime, deprived locality
Offered at auction, this second-floor two-bedroom flat is a compact investment opportunity in Ilford, close to Barking transport links and local shops. The 329 sq ft apartment sits in a purpose-built block with allocated off-street parking and communal gardens — practical assets for letting or resale once refurbished.

The flat requires a full programme of renovation: cosmetic updating, replacement or upgrading of heating (currently electric room heaters) and likely kitchen and bathroom works. The property has double glazing and an EPC rating of C, which helps running costs, but buyers should budget for refurbishment and any necessary modernisation.

Tenure and running costs are material considerations. The lease has approximately 89 years remaining; buyers who want 90+ years will need to serve a Section 42 notice and pay a premium to the freeholder. The property will be sold at public auction, so purchasers should review the legal pack and allow for auction purchase timelines and fees.

Location strengths include quick access to Barking station, nearby Little Ilford Park and a range of local amenities. Be aware the area has above-average crime figures and is classified as deprived — relevant for lettings and resale positioning. The flat is best suited to an experienced investor or a buyer prepared to renovate and manage lease-extension costs.

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