1 bedroom ground floor flat for sale

  • £230,000
  • 6.5% Rental Yield
  • 84 ALI
Seymour Gardens, Ilford, IG1
For Sale

1 bedroom ground floor flat for sale

Seymour Gardens, Ilford, IG1
  • £230,000
  • 6.5% Rental Yield
  • 84 ALI

Overview

Updated on February 11, 2023
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom
    • Sq Ft
  • Year Built

Description

The Property
A Beautifully Presented One Bedroom Ground Floor Victorian Conversion with Own Garden and a 22ft Basement Cellar. This beautiful flat is ideally located just off The Drive in the North Ilford. A choice of Stations at Ilford (Crossrail/Elizabeth Line) and Redbridge Central Line Tube are both within easy reach.

At the nearby Wanstead Park, there is a Golf Course, and a beautiful landscape of Rivers and Ponds. Handier still is the Local shops, including a barbers, and Post Office/DIY which are just across the road and not even a minute away!

The popular Valentines Park is within walking distance. Ilford Exchange Shopping Centre is also close by, making this ideal for all your shopping and leisure needs. For road users, there’s easy access to the A406 North Circular, M11 and M25.

This property comes with the advantage of a New 999-year lease and Share of Freehold. The flat is full of character, with high ceilings and a large front bay window and offers a good size Lounge, a separate fitted kitchen, double bedroom, bathroom and separate cloakroom/wc. Plus, a useful 22ft Cellar. This property really does tick all the boxes and would be an ideal first-time purchase or buy-to-let investment.

Viewings can be booked and confirmed instantly 24/7 via the Purple Bricks website or by Clicking on the Brochure Tab at the bottom of this Advert.


Lounge
15'1” × 9'11”

Kitchen
9'10” × 6'9”

Bedroom
12'3 × 11’0”

Bathroom
7'5” × 4'6”

Cloak Room
Separate Cloakroom/wc

Cellar
22'7” × 4'6”

Rear Garden
Large Patio Rear Garden

Lease Information
Lease Information - The seller has informed us this property sale comes with the advantage of a New 999-year lease and Share of Freehold with no ground rent or service charge.

Property Description
Being Sold by GOTO Online Auction

Starting Bids from £230,000

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Purplebricks


General Information
This property is offered for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the vendor’s solicitor.

By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.

The buyer will be required to give the Auctioneers authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auction Department.


Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of £7,800 including VAT, plus an administration charge of £354 including VAT, a total of £8,154. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the auction website

The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.


Property ownership information

Tenure: Leasehold

Council tax band: B

Annual ground rent: No ground rent

Ground rent review period: No review period

Annual service charge: No service charge

Service charge review period: No review period

Lease end date: 28/06/2121

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Arical Liveability Index

84
Schools
Outstanding
Restaurants
Good
Transport
Good
Services
Good
Groceries
Good
Safety
Good

What's Nearby?

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Predicted Rental Yield

6.5%

Rental yield is the return a property investor is likely to achieve on a property

Transaction Nearby

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