13 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
- Brand New Modern New Build Development
- Close to Shops and Local Amenities
- Close to Town Centre
- 7% + Rental Yield
- Fully Tenanted
- Great Investment
Location:
Ilford IG2, just a 6 minute walk to Newbury Park Station and a 4 minute walk to local shopping centres and amenities.
Development Overview:
This modern living development offers a prime investment opportunity, perfectly positioned in the thriving heart of Ilford. Comprising seven exclusive residences, this property guarantees a superior lifestyle for residents and a lucrative addition to your investment portfolio.
Property Details:
3 x One Bedroom Apartments: Each unit is designed with a contemporary flair, featuring spacious living areas, high quality finishes in all rooms including bathroom, kitchen and living areas with private outdoor spaces.
2 x Two Bedroom Apartments: Spacious and elegantly designed, these apartments offer exceptional comfort, modern kitchens, bathrooms and en suits also inclusive of private terraces to each property.
2 x Three Bedroom Bungalows: These premium residences provide expansive living spaces, superior finishes, and private gardens, catering to families seeking luxury and convenience.
Future Development Potential:
In addition to the current seven properties, there is planning potential for one more three bedroom bungalow, further enhancing the value and profitability of this development. The proposed plan for this additional unit is included in the photos along with the floor plans to all residences.
Key Features:
- Modern Design: Each residence boasts cutting edge, modern architectural design and superior interior finishes.
- Private Outdoor Spaces: Gardens and terraces are integral to each property, providing residents with private, tranquil outdoor areas.
- Prime Location: Proximity to Newbury Park Station ensures easy access to central London and beyond, while nearby shopping centres, amenities and schools enhance the convenience and attractiveness of the location.
Parking: Sufficient road side parking outside of the development with Cycle stands available on site
Investment Highlights:
- Fully Tenanted: The development is currently fully occupied, ensuring immediate income.
- Attractive Yield: Offering a 7% + yield, this development represents a highly attractive investment opportunity.
- Warranty: The development as of April 2024 is under 10 years warranty
Summary:
This luxury development in Ilford IG2 presents an exceptional opportunity for investors. With its modern design, superior finishes, and strategic location, it promises a high quality lifestyle for residents and robust returns for investors. The additional development potential further enhances its appeal, making this a must consider investment for your portfolio.
Rent Schedule Available on Request
Contact Charles Henry Peppiatt Today and speak with Dino Mustafa to find out more details and arrange your viewing
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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Property reference 16740_AGRN. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Charles Henry Peppiatt - Southgate.
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Broadband availability and predicted speed: obtained from Ofcom on December 22, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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