Stunning residential tower with up to 5.50% yields

 
/ LONDON / Heart of Ilford town centre in the Borough of Redbridge
INVALID LISTING
  • Location: Region England, London, Heart of Ilford town centre in the Borough of Redbridge MAP
  • Development: Residential
  • Unit types: Apartments (various types), Studios, 1-bedroom apartments, 2-bedroom apartments
  • Total number of units:122 
  • Units available for sale:3 (2%)
  • Unit sizes: 0 sq.m
  • Development status: Under construction
  • Planned completion: 2017
  • Ownership: Leasehold 250 years from Q1 2017
  • Rental return (p.a.): 5-6% (estimated)
  • No commission

Complex/building features

  • Total number of units 122

Distances

Rental income features

  • Rental demand in the area High,Long-term rental,Short-term rental
  • Who will rent Local people,Young professionals
  • Annual rental income 5-6% (estimated)

Exit strategy

  • Easy exit Moderate
  • Who will buy Foreign buyers, Local people

*Please note that exit or resale of property depends on market conditions.

Unit/apartment features

  • Views from units Town views

Additional purchasing costs


These additional costs include the following, among others:

  • Other costs Service charge estimated - 3.30GBP/PSF; Ground rent - Studio: GBP 300 p/a, 1 bed: GBP 350 p/a, 2 beds: GBP 400 p/a