Just added

£1,998,000

Block of flats for sale
Hampton Road, Ilford IG1

    • 5 receptions

  • Freehold

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Grandis Property

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About this property

  • Communal garden

  • Terrace

  • Off street parking

  • On street/residents parking

  • Central heating

Freehold Block of Five Flats – Hampton Road, Ilford, IG1 1PN

An excellent investment opportunity to acquire a freehold block of five self-contained flats located at 264 Hampton Road, Ilford.

The property comprises three one-bedroom flats and two two-bedroom flats, offering a total of five residential units. According to the original advertisement, the property is fully let and generates a combined rental income of £93,600 per annum, equivalent to £7,800 per month.

Key Features

Freehold block of five self-contained flats
Three one-bedroom flats and two two-bedroom flats
Fully let investment
Advertised annual rental income of £93,600
Advertised gross rental yield of approximately 7.1%
HMO licence advertised
Excellent location in Ilford, IG1
Convenient access to Ilford Station and the Elizabeth line
Close to local shops, amenities and transport links
Guide price: £1,325,000
Location

Situated on Hampton Road in Ilford, the property benefits from access to local shopping facilities, restaurants, schools and public transport. Ilford Station provides Elizabeth line connections into Central London and beyond, making the area attractive to commuters and tenants.

Investment Opportunity

With five separate residential units and advertised rental income, this property may appeal to investors seeking a multi-unit residential investment under a single freehold title.

Prospective purchasers should verify the current tenancy agreements, rental income, licence conditions, planning status, building compliance and all relevant legal documentation before proceeding.

For further information or to arrange a viewing, please contact the selling agent.

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Property descriptions and related information displayed on this page are marketing materials provided by - Grandis Property. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Grandis Property for full details and further information.