£230,000

1 bedroom flat for sale

Richmond Road, Ilford, IG1
1 bed · 1 bath

Key information

  • TenureLeasehold | 121 yrs left
  • Council taxBand B
  • EPC ratingC
  • Ground rent£10 per annum | review period: unconfirmed
  • Service charge£332 per annum

Features and description

  • Guide Price £230,000 - £250,000
  • First Floor 1 Bedroom Victorian Conversion Flat
  • Will suit First Time Buyers & Buy To Let Investors
  • Ilford Station (Elizabeth Line) is about 0.4 miles away
  • Shared Driveway (1 car space) & Shared Garden (with ground floor flat only)
  • Lease approx. 120 Years / Service Charge £332 p.a. / Ground Rent £10 p.a. / Building Insurance £375 p.a.
  • Easy to walk to the Exchange Shopping Centre / Ilford High Street / Cranbrook Rd / Ilford Lane & Green Lane Area's
  • No Onward Chain
  • Ready to Move In
  • Good Size Rooms & High Ceilings

Guide Price £230,000 - £250,000

This attractive first floor one bedroom Victorian conversion flat offers an excellent opportunity for both first time buyers and buy to let investors, combining period charm with modern convenience in a highly sought-after Ilford location. The property is ideally situated approximately 0.4 miles from Ilford Station (Elizabeth Line), providing swift and direct access to central London and beyond, making it perfect for commuters and those seeking easy transport links.

Inside, the flat benefits from generously proportioned rooms and high ceilings, creating a sense of space and natural light throughout. The well-presented living area is ideal for relaxing or entertaining, while the separate kitchen offers ample storage and workspace, catering to a variety of lifestyles. The double bedroom is spacious and bright, providing a comfortable retreat at the end of the day, and the bathroom has retained that Victorian charm.

The property is ready to move in, with no onward chain, allowing for a smooth and straightforward purchase process. Residents enjoy the use of a shared driveway (with space for one car), while the shared garden (shared only with the ground floor flat) offers additional communal amenities. The flat is held on a lease of approximately 121 years, with a service charge of £332 per annum, ground rent of £10 per annum, and building insurance at £375 per annum, making it an affordable option for buyers mindful of ongoing costs. Redbridge Council is the Freeholder and manage the property.

The location is superb, with easy walking access to the Exchange Shopping Centre, Ilford High Street, Cranbrook Road, Ilford Lane, and the Green Lane areas, all of which offer a wide range of shops, restaurants, cafes, and local amenities. This convenient setting ensures that everything you need is close at hand, whether you are looking for shopping, dining, or leisure activities.

The property also boasts an Energy Efficiency Rating of C, providing peace of mind regarding energy usage and running costs. Overall, this well-proportioned Victorian conversion flat combines character, comfort, and convenience, making it an ideal choice for those looking to step onto the property ladder or expand their investment portfolio in a vibrant and well-connected part of Ilford.

Early viewing is highly recommended to fully appreciate the space, location, and value on offer with this exceptional property.

Location

Richmond Road, Ilford, IG1