£1,500,000
(£1,233.55/sq. ft)
Studio for saleCranbrook Road, Ilford IG2
2 baths
1 reception
1,216 sq. ft
Freehold
About this property
Introducing an exceptional opportunity courtesy of Hendrix: The chance to own the freehold of a prime commercial unit along with a residential flat, situated on the highly sought-after Cranbook Road IG2.
Strategically positioned just 700 yards from Gants Hill Tube Station, with a bus stop conveniently located right outside the premises, and surrounded by 10 esteemed schools within a 1-mile radius, this property enjoys abundant foot traffic. Moreover, the local residents, frequent patrons of the nearby Londis, add to the bustling atmosphere, promising a lucrative venture for the discerning buyer or investor.
The commercial unit itself offers ample space and potential for profitability. Upstairs, the expansive apartment comprises three bedrooms, including two generously sized doubles and a cozy box room currently serving as ample storage or a supplementary bedroom. Noteworthy features include a recently renovated kitchen equipped with a spacious gas hob cooker.
This property also presents an enticing prospect for development-savvy individuals, as it offers the possibility of conversion into a three-flat apartment block. With space to accommodate two two-bedroom flats and one studio apartment, the potential for expansion and increased returns is undeniable.
Don't miss out on this ideal investment opportunity in a thriving location. Contact us today to arrange a viewing and seize this rare chance to secure a profitable asset in the heart of IG2.
Strategically positioned just 700 yards from Gants Hill Tube Station, with a bus stop conveniently located right outside the premises, and surrounded by 10 esteemed schools within a 1-mile radius, this property enjoys abundant foot traffic. Moreover, the local residents, frequent patrons of the nearby Londis, add to the bustling atmosphere, promising a lucrative venture for the discerning buyer or investor.
The commercial unit itself offers ample space and potential for profitability. Upstairs, the expansive apartment comprises three bedrooms, including two generously sized doubles and a cozy box room currently serving as ample storage or a supplementary bedroom. Noteworthy features include a recently renovated kitchen equipped with a spacious gas hob cooker.
This property also presents an enticing prospect for development-savvy individuals, as it offers the possibility of conversion into a three-flat apartment block. With space to accommodate two two-bedroom flats and one studio apartment, the potential for expansion and increased returns is undeniable.
Don't miss out on this ideal investment opportunity in a thriving location. Contact us today to arrange a viewing and seize this rare chance to secure a profitable asset in the heart of IG2.