551 Green Lane
Ilford
IG3 9RJ
Green Lane Residential are delighted to offer for sale this well-presented two-bedroom retirement apartment, available with vacant possession and offered in good order throughout.
Situated within a popular and well-maintained retirement development for residents aged 60 and over, this spacious apartment presents an excellent opportunity for both owner-occupiers and investors alike.
A particular advantage of this property is that it can be rented out, making it a rare and attractive buy-to-let investment within the retirement sector.
The apartment is being sold with a short lease; however, the sellers are willing to serve a Section 42 Notice prior to completion, enabling the purchaser to extend the lease immediately without having to satisfy the usual two-year ownership requirement. A current premium quotation from the freeholder is already available (please ask the agent for further details).
Residents benefit from an excellent range of communal facilities including a lift to all floors, residents' lounge, laundry room, guest suite, hairdressing salon, attractive communal gardens, and communal parking. The development also benefits from a House Manager (weekday mornings), a Careline emergency alarm service, and a friendly community with regular social events organised by the residents' committee.
Conveniently located approximately half a mile from local shops, bus routes, the post office, GP surgery and the town centre, the development offers both independence and convenience. Cats and dogs are generally permitted, subject to a pet agreement.
An excellent opportunity to acquire a spacious retirement apartment with immediate availability, superb communal amenities, and the added benefit of a lease extension route already in place.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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