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2 Bed Flat, Refurb/BRRR, Ilford, IG1 1NB £200,000

62 Thames View, Ilford, IG1 1NB - a year ago
  1. Deal Search
  2. Ilford
  3. IG1
  4. IG1 1NB
Leasehold
Cash
Refurb/BRRR
ROI: 6%
62 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Ilford
  • More Deals in IG1
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Ilford
  • More Refurb/BRRR Deals in IG1

Property History

Listed for £200,000

August 2, 2024

Floor Plans

Description

  • Security Entryphone System +
  • Two Bedroom Seventh Floor Apartment +
  • Juliette Balcony +
  • 105 year Lease Remaining +
  • Excellent Investment Opportunity +
  • Ilford Town Centre Location +
  • Walking Distance To Ilford Town Centre +
  • No Onward Chain +
  • Ilford Station Elizabeth Line +

Mortgagees in possession are now in receipt of an offer for the sum of £180,000 for 62 Thames View, Ilford, IG1 1NB.

Anyone wishing to place an offer on the property should contact haart, 184-188 Cranbrook Road, Ilford, IG1 4LU before exchange of contracts or within the next 7 days whichever is sooner

CASH BUYERS
We are offering a two-bedroom, seventh-floor apartment within a purpose-built block that presents a fantastic opportunity for cash buyers. Constructed in 2007, this apartment is situated in the heart of Ilford Town Centre, making it an excellent investment for those interested in the buy-to-let market. The property requires some internal decoration, providing the perfect canvas for investors looking to undertake a rewarding project.

Property Details
The apartment is located in a modern building, designed to meet contemporary living standards. Its position on the seventh floor affords potential residents with a pleasant view of the surrounding area. The building's location is one of its key selling points, nestled amidst a vibrant area teeming with a variety of shops and restaurants. This ensures that future tenants will have everything they need within a short walking distance, enhancing the property's appeal.

Connectivity and Commute
One of the standout features of this property is its proximity to Ilford Station, which is a part of the Elizabeth Line. This line is highly coveted for its efficient and fast services, making it an ideal choice for daily commuters. Residents will benefit from quick and convenient travel options to central London and other key destinations, further adding to the property's attractiveness for potential tenants.

Investment Potential
The property is being sold chain-free, simplifying the buying process and potentially allowing for a quicker transaction. Its central location and need for internal decoration offer a unique opportunity for investors willing to undertake some renovation work. Once refurbished, this apartment could yield a significant return on investment, especially given the high demand for rental properties in the area.

Viewing Arrangements
We invite interested cash buyers to book a viewing and explore the potential this property holds. This is an excellent chance to invest in a well-located apartment that, with some care and attention, can be transformed into a highly desirable rental property. Please contact us to arrange your viewing and take the first step towards securing this promising

Agent Details

haart, Ilford

020 3840 3859

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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