Block of flats

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Block of flats

Golfe Road, Ilford IG1
£1,200,000

Our Summary

  • Discover a golden investment opportunity with this new development of six apartments, impeccably finished to a high specification
  • Don't miss this fantastic investment opportunity

Description

This is a unique investment opportunity to purchase the freehold interest of a newly developed block of six 1-bedroom apartments in Ilford, located next to Ilford Mainline Station and within walking distance to local amenities. Each apartment features high-specification finishes, including bespoke designer kitchens, elegantly tiled bathrooms, and video entry systems. The property benefits from exceptional transport links, including cross-rail accessibility, making it an attractive option for commuters. The apartments rent for £855 per month, generating a total monthly rental income of £5,130 and an annual income of £61,560. The property is available for a block purchase, with a guaranteed rent on a three-year lease contract and managing agents taking care of communal area cleaning and maintenance. This is a rare chance to secure a high-yielding investment in a prime location, and interested parties are advised to act quickly to avoid missing out.