- Spacious Ground Floor Flat Located 0.3m To Gants Hill Station (Central Line) Superb Location
- 145 Year Lease Remaining, Zero Ground Rent, Zero Service Charges, Ideal First Time Home Or Investment
- Property Comes with a Combination Boiler, Double Glazed Windows and Recently Refurbished Throughout
- Private Outdoor Patio Area, Large Garage with Private Parking
- Huge One Bedroom Flat, Separate Kitchen, Bathroom, W/C, Bedroom and Reception Room
- Property Has Ample Storage Throughout with an Internal Touch Security Alarm
- Kitchen Comes With White Goods Including Fridge/freezer, Dishwasher & Washing Machine
- A Fine Example Of a Mix Of Size, Luxury & Convenience, One Of The Best One Bedroom Flats In Gants Hill
- EPC Rating D, Council Tax Band: D, London Borough Of Redbridge
Edward Chase is ecstatic to present this one of a kind ground floor one bedroom flat located on the doorstep of Gants Hill Station (Central Line). This flat comes with a brand-new assigned lease of 160 years remaining along with the added benefit of £0 service charge and £0 ground rent contribution making this property unique in size, location, and lease situation. We feel this property would be ideal for a first-time buyer or an investor searching for a great return.
This flat is positioned on Cranbrook Road and sits only 0.23m from Gants Hill Station (Central Line). The estimated walking time is approximately 3minutes making it convenient to commute in and out of Central London and Essex. Gants Hill is also home to numerous mainstream bus links and is a central hub for transportation links. The area has grown over the years and is regarded as the ‘premier’ vicinity of Ilford with its array of amenities, restaurants, shops and professional demographic.
The flat is spacious and has several key benefits. From entry to exit, you will notice the vast amount of natural light which floods each room and gives a sense of comfort. The entry L shape hallway opens access into the separate W/C and family bathroom, now they are separate rooms, however, can be easily converted into one larger bathroom. The kitchen is private and has a position for the combination boiler and several under counter appliances such as a dishwasher and washing machine, with a gas hob cooker and a number of cupboards the kitchen is great from a practical perspective. The rear patio entrance is via the kitchen and incorporates a private side exit. The reception room is huge with large bay windows, the master bedroom comes with fitted wardrobes and there is a spacious storage cupboard in the hallway. This property has a fitted alarm system throughout and windows are fitted with vertical blinds.
The primary school catchment is Gearies Primary, which has consistently achievement Ofsted Outstanding during its inspection reports and known as one of the best primary schools in Ilford.
This flat also comes with a private garage with parking on the garage drive, excellent for storage and parking purposes.
For investment opportunity, we would value the rental yield on this apartment in the region of £1100 per calendar month and the rental yield on the garage in the region of £75 per calendar month.
Key financial information:
Lease term remaining: 145 years
Service Charge: £0
Ground Rent: £0
If you are interested in viewing this property or require further information please contact Edward Chase today.
Edward Chase estate agents tailor a bespoke, professional, ARLA accredited Lettings & Management service. If you would like a free property appraisal to gauge the rental potential of your property or you are considering a buy to let purchase, please feel free to contact Sukhbir Basra, Branch Manager to arrange an appointment.
Edward Chase estate agents specialize in Ilford, Redbridge, Seven Kings, Goodmayes, Chadwell Heath, Newbury Park, Barkingside, Chadwell Heath, Barking, Canary Wharf, Romford, Dagenham, Newham, Royal Wharf and the surrounding East London vicinity.
DISCLAIMER Edward Chase estate agents is the seller's agent for this property. Your conveyance/surveyor is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.