£700,000
4 bed property for saleWanstead Park Road, Cranbrook, Ilford IG1
4 beds
3 baths
3 receptions
EPC Rating: D
Added on
About this property
Freehold property with off street parking
EPC: D
CTax Band: B
Currently arranged as three self-contained flats
Two one-bedroom flats and one two-bedroom flat
Potential to reinstate as a substantial family home (subject to any necessary consents)
Approx. 56ft rear garden
Close to Ilford Elizabeth Line station
Excellent investment or development opportunity
A rare opportunity to acquire a substantial freehold property currently arranged as three self-contained flats, comprising three one-bedroom apartments. Offering approximately 1,270 sq. Ft. (117.98 sq. M.) of internal accommodation, this versatile property presents an excellent opportunity for investors seeking a multi-unit asset or buyers looking to convert it back into an impressive family home.
For investors, the property offers the potential for three income-generating units in a popular East London location. For owner-occupiers, the layout provides the opportunity to reconfigure the accommodation into a spacious family residence, subject to the necessary planning and building regulation requirements. Planning permission for further extension has also already been obtained. There is a large driveway that can accommodate at least two cars and plenty of parking on the street without permit requirements.
Wanstead Park Road is ideally positioned within a few minutes walk from Redbridge Underground ( Central Line) and also easy reach of Ilford Station (Elizabeth Line), providing fast and direct access to Stratford, Liverpool Street and the West End. Excellent Road links to the A406, A12, and M11. The area also benefits from an excellent selection of local shops, restaurants, schools, parks and everyday amenities, making it a highly desirable location for both homeowners and tenants.
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