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£2,500,000

Bush Close, Ilford, IG2

  • 13 beds
Other

£2,500,000

  • 13 beds
Other
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Estimate monthly mortgage payment:

£11,413 per month

Minimum deposit amount:

£125,000
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Investment Opportunity: Luxury New Build Development in Ilford IG2

Location:
Ilford IG2, just a 6 minute walk to Newbury Park Station and a 4 minute walk to local shopping centres and amenities.

Development Overview:
This modern living development offers a prime investment opportunity, perfectly positioned in the thriving heart of Ilford. Comprising seven exclusive residences, this property guarantees a superior lifestyle for residents and a lucrative addition to your investment portfolio.

Property Details:
3 x One Bedroom Apartments: Each unit is designed with a contemporary flair, featuring spacious living areas, high quality finishes in all rooms including bathroom, kitchen and living areas with private outdoor spaces.

2 x Two Bedroom Apartments: Spacious and elegantly designed, these apartments offer exceptional comfort, modern kitchens, bathrooms and en suits also inclusive of private terraces to each property.

2 x Three Bedroom Bungalows: These premium residences provide expansive living spaces, superior finishes, and private gardens, catering to families seeking luxury and convenience.

Future Development Potential:
In addition to the current seven properties, there is planning potential for one more three bedroom bungalow, further enhancing the value and profitability of this development. The proposed plan for this additional unit is included in the photos along with the floor plans to all residences.

Key Features:
- Modern Design: Each residence boasts cutting edge, modern architectural design and superior interior finishes.
- Private Outdoor Spaces: Gardens and terraces are integral to each property, providing residents with private, tranquil outdoor areas.
- Prime Location: Proximity to Newbury Park Station ensures easy access to central London and beyond, while nearby shopping centres, amenities and schools enhance the convenience and attractiveness of the location.
Parking: Sufficient road side parking outside of the development with Cycle stands available on site

Investment Highlights:
- Fully Tenanted: The development is currently fully occupied, ensuring immediate income.
- Attractive Yield: Offering a 7% + yield, this development represents a highly attractive investment opportunity.
- Warranty: The development as of April 2024 is under 10 years warranty

Summary:
This luxury development in Ilford IG2 presents an exceptional opportunity for investors. With its modern design, superior finishes, and strategic location, it promises a high quality lifestyle for residents and robust returns for investors. The additional development potential further enhances its appeal, making this a must consider investment for your portfolio.

Rent Schedule Available on Request

Contact Charles Henry Peppiatt Today and speak with Dino Mustafa to find out more details and arrange your viewing

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
Redbridge Council, To Be Confirmed

Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: Mains Supply
Broadband: Cable
Telephone: Landline

Other Items
Heating: Gas Central Heating
Garden/Outside Space: Yes
Parking: No
Garage: Yes
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£11,413 per month
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Stamp Duty tax
These figures are estimates and are provided for guidance only
£211,250
Mortgage and legal costs:
£999
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