£598,000
4 bed semi-detached house for saleStaines Road, Ilford IG1
4 beds
2 baths
2 receptions
Reduced on
About this property
Communal garden
Off street parking
Central heating
A rare opportunity to acquire a freehold residential investment comprising two self-contained flats on Staines Road, Ilford, IG1 2XA. The property offers an attractive combination of existing rental income, freehold ownership and long-term investment potential, making it particularly appealing to landlords, portfolio investors and buyers looking to strengthen their property portfolio.
The property comprises a spacious two-bedroom ground-floor flat with private rear garden access and a side garage, together with a well-proportioned one-bedroom first-floor flat. Both units are self-contained, providing a practical investment arrangement with separate accommodation within one freehold property.
The property is currently fully let and generates a combined rental income of £39,600 per annum, providing an established income stream from completion.
Key features include:
Freehold title
Two self-contained flats
Two-bedroom ground-floor flat
One-bedroom first-floor flat
Combined rental income of £39,600 per annum
Private rear garden
Side garage
Established tenancy arrangements
Strong rental demand in the local area
Excellent transport connections
Potential future opportunity to maximise the value of the individual units, subject to all necessary consents
The property is well positioned for access to Ilford Station and the Elizabeth line, providing fast and convenient connections towards Stratford and Central London. The surrounding area also offers a range of local shops, schools, amenities and transport links.
For investors seeking an income-producing freehold property with two separate rental units and potential for long-term capital growth, this represents an opportunity worth serious consideration.
Contact Grandis Property today for further information or to arrange a viewing.
Location
Located on Staines Road, Ilford, IG1 2XA, the property is conveniently positioned for local shops, amenities and transport links.
Ilford Station, served by the Elizabeth line, provides excellent connections into Central London and across the capital.
Viewings are highly recommended. Please contact the selling agent for further information or to arrange a viewing.
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