Mansfield Road

PROPERTY INFORMATION

• One Bedroom | One Bathroom | First Floor Flat
• Tenanted – Immediate Income
• Leasehold: Over 150 Years Remaining (Expires Dec 2176)
• Ground Rent: £100 per annum
• Excellent Transport Links: Elizabeth Line & TFL Rail
• Asking Price: £250,000
• Current Rent: £1,250 PCM | £15,000 Per Annum

A TURNKEY INVESTMENT IN A CONNECTED LOCATION

Located on Mansfield Road, this first-floor, one-bedroom flat is part of a well-maintained period conversion in the popular commuter town of Ilford, Essex. Just a 5–10 minute walk from Ilford Station, this property is ideally situated for professionals and commuters, with direct services to London Liverpool Street and now benefiting from Elizabeth Line connectivity.

This includes:

• Direct access to Central London, Heathrow Airport, Reading & Southend
• High tenant demand due to location and accessibility
• Growing area with excellent capital growth potential

PROPERTY DETAILS

• Spacious lounge area
• Double bedroom
• Modern fitted bathroom
• Bright kitchen with integrated appliances
• First-floor position within a well-kept period conversion

INVESTMENT OVERVIEW

Current Tenancy:

• Let at £1,250 PCM / £15,000 per annum
• Tenant in situ since April 2024
• New fixed-term agreement commenced: 25 March 2025

Tenure & Outgoings:

• Lease Expiry: 25 December 2176
• Ground Rent: £100 per annum
• Service Charges: TBC (typically low for converted properties)

 YIELD CALCULATION

• Gross Annual Rent: £15,000
• Asking Price: £250,000
• Gross Yield: 6.0%

WHY INVEST HERE?

• Elizabeth Line boost – connectivity from Ilford to Heathrow, Reading & Central London
• Strong rental demand from professionals, students, and airport workers
• Long lease – no renewal concerns
• Tenanted from Day One – No void periods
• Low ground rent and expected low service charges

*Viewings of this property are available; however, please note the property is tenanted and we need to be respectful of the tenants' right to a peaceful environment.  As such, we will require proof of funds from all parties before booking a viewing appointment. On receipt of the above, we will then arrange access*

Mansfield Road - Key Points

Location

Ilford, United Kingdom