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One-bedroom ground floor studio flat, vacant

Ilford, IG1 - Get Access

1 bed 1 bath

Description

A ground floor studio apartment offered with vacant possession, presenting an excellent opportunity for buy-to-let investors, landlords or buyers looking for an affordable property in a well-connected Ilford location. The property comprises an open-plan living, sleeping and kitchenette area, with a separate shower room. Now vacant, the property has recently been updated and is currently having new flooring fitted, helping to present it in a clean, ready-to-move-into condition. Having previously been successfully let, the property offers strong rental potential and gives an incoming purchaser the opportunity to immediately re-let or occupy the property to suit their requirements. Similar studio properties currently available within the IG1 area are generally being marketed in the region of £1,000–£1,100 pcm, depending on condition, size and specification. The location is particularly attractive from an investment perspective, with strong local rental demand and excellent transport connections into Stratford and Central London. Connaught Road is conveniently positioned approximately 0.4 miles from Seven Kings Station and around 0.7 miles from Ilford Station, providing excellent access towards Stratford, Liverpool Street and surrounding areas. The property is also well placed for Ilford town centre and High Road amenities, local schools, bus routes and road links including the A406 and A13. A strong opportunity for investors seeking a vacant property in an established rental location with excellent transport links and scope to generate an attractive rental return.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 355 sq ft (EPC)

The valuation of this compact single-level studio apartment on Connaught Road is based on local market evidence for small-format properties in the IG1 area. The property features a dated interior condition scoring 5/10, requiring a modest refresh to the kitchenette and bathroom. Floor area of 355 sq ft has been sourced from EPC records.

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