48 New Road, Ilford, Essex

PLEASE REGSITER ON AUCTIONEERS WEBSITE FOR LEGAL PACK AND VIEWNING INFO A three-bedroom terrace house with a rear extension offering a genuine value-add opportunity for developers and investors, requiring full refurbishment throughout. The property benefits from a long leasehold with 889 years remaining, offering the practical security of a freehold-equivalent term, note there has not been a demand for the ground rent of £5 for over 40 years. INCOME GENERATING £17,520 PER ANNUM Positioned within a short distance of Seven Kings Station (Elizabeth line, Zone 4), offering fast links into central London and Essex, with local schools, shops and transport links close by. This is a location that supports strong rental demand and resale liquidity for investors looking to let or sell on. Accommodation comprises entrance hall / lounge which is currently used as a ground floor bedroom / galley kitchen / dining room/ second lounge / ground floor shower room/ three bedrooms on first floor / bathroom / garden / concrete shed with felt roof.