Summary - 186A BALFOUR ROAD ILFORD IG1 4JB
1 bed 1 bath House
**Standout Features:**
- Freehold investment with three flats: two 1-bedroom ground floor flats and one 3-bedroom first floor flat.
- Current rental income of £45,000 per year on Assured Shorthold Tenancies.
- Low council tax rates: £B for the 1-bedroom flats and £C for the 3-bedroom flat.
- Each ground floor flat includes its own garden.
- Off-street parking with potential for an additional space (subject to planning).
- All flats are double-glazed with gas central heating.
**Potential Concerns:**
- No onward sale available; this is a direct purchase.
- The property lacks insulation, which may require attention for enhanced energy efficiency.
Nestled in a vibrant urban setting, this Victorian terraced property offers an exciting investment opportunity with three well-placed rental units. Each flat is currently tenanted, generating a promising annual income while featured within a desirable community rich in amenities. The ground floor flats boast individual gardens, perfect for outdoor relaxation, and the potential for off-street parking adds value and convenience. With low crime rates and excellent local schools, this property appeals to a wide range of prospective tenants. While the property might require some attention regarding insulation, its charming architecture and good condition present a solid foundation. Don't miss out on this unique investment opportunity in IG1 – properties like this don't stay on the market for long!
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