Summary - Cranbrook Road, Ilford, IG6 IG6 1HT
1 bed 1 bath Convenience Store
Fully let property delivering immediate income and strong rental potential.
Freehold mixed-use building with commercial unit plus two flats
This freehold mixed-use building on Cranbrook Road offers an immediate, low-risk income stream: a ground-floor convenience unit plus two self-contained flats, all currently tenanted. With a gross yield exceeding 5% and no ground rent, it suits investors seeking instant cashflow and long-term capital upside in an established East London retail corridor.
Positioned between Gants Hill and Barkingside and close to Gants Hill Underground (Central Line, Zone 4), the property benefits from strong footfall and excellent transport links. The large overall size (approx. 2,352 sq ft) and huge plot provide operational flexibility for the commercial unit and allow scope to optimise rents as local demand strengthens.
The residential units are compact and described as well maintained with modern open-plan kitchen/living areas. The building sits near schools, shops and Valentines Park, supporting steady tenant demand from families and young renters in the area.
Important considerations: this is a fully-let investment but full tenancy schedules, lease lengths and rent review provisions are not supplied here and should be verified. Buyers should also confirm condition reports and repair liabilities before purchase despite generally described good maintenance.
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