3 bed property

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3 bed property

Green Lane, Ilford IG3
£850,000

Our Summary

  • Discover a lucrative investment opportunity in this commercial property located in the heart of Ilford, IG3 9RX
  • Don't miss out on the chance to acquire this versatile property with immense potential for a prosperous future

Description

This commercial property in Ilford, IG3 9RX, is a freehold mixed-use property available for sale at an asking price of £850,000. The property consists of three residential flats and a commercial space let out on a 15-year lease with approximately 13 years remaining. The commercial space generates around £75,000 per year. The residential flats, comprising two one-bedroom flats and one studio flat, have been renovated to a high standard and feature access to terraces. The property's strategic location and diverse amenities make it an attractive investment opportunity for those looking to capitalize on a prime commercial space in a thriving area. The property also presents the potential for a spv sale, making it an enticing option for investors seeking a lucrative venture.