6a Connaught Mews, Connaught Road, ILFORD, Essex, IG1 1RN

Description

Leasehold ground floor flat Full vacant possession Location: The property is situated on Connaught Road between its junctions with Stanley Road and Green Lane (A1083). Public transport links include Seven Kings Main Line Rail Station and Ilford Main Line Rail Station together with a network of local bus services. The property is well situated for a network of road links including the North Circular Rad (A406) to the west together with the A13 to the south and the A12 to the north. An extensive range of shops, bars and restaurants can be found locally within Ilford with further amenities being found in the Westfield Shopping Centre in Stratford to the west. Recreational pursuits include South Park to the south and the Queen Elizabeth Olympic Park and Village and London Aquatic Centre to the west. Accommodation: Two bedrooms, reception room/kitchen, bathroom, WC EPC Rating: E Council Tax Band: B Lease: The property is held on a lease for a term of 125 years from the 25th November 2007 at

Location

The property is situated on Connaught Road between its junctions with Stanley Road and Green Lane (A1083). Public transport links include Seven Kings Main Line Rail Station and Ilford Main Line Rail Station together with a network of local bus services. The property is well situated for a network of road links including the North Circular Rad (A406) to the west together with the A13 to the south and the A12 to the north. An extensive range of shops, bars and restaurants can be found locally within Ilford with further amenities being found in the Westfield Shopping Centre in Stratford to the west. Recreational pursuits include South Park to the south and the Queen Elizabeth Olympic Park and Village and London Aquatic Centre to the west. Accommodation: Two bedrooms, reception room/kitchen, bathroom, WC

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

The auctioneer-published rent identified in the source is approximately £125 per annum.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆