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Property Details:

Property ID: 20285050

Price: £233,000

Property Location: United Kingdom, England, London

Investment Type: Property Investment

Type of Property:

  • Flat
  • Flat

Apartment
£233,000

Apartment
£233,000

Studio
£233,000

Flat

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Horizon - Ilford

Description

With only three years until the London Crossrail station welcomes its first passengers, this residential buy to let development offers the chance to invest in an area that is about to be completely transformed.

 

Less than a five-minute walk from the future London Ilford Crossrail station, Horizon is a landmark new residential tower of high specification studios, 1 and 2-bed apartments.

 

• Stunning development with a design inspired by Ilford’s unique place in the history of photography and telecommunications
• Central part of a wider programme that will revitalise the commercial and public spaces of central Ilford
• Next door to excellent connections into central London – Liverpool Street in just 17 minutes
• From respected developer Cathedral Group, who also delivered successful investments Eagle House, the Lexicon and St Mark’s Square
• Apartment sizes from 441 to 969 square feet
• Completion expected in Q1 2017
• Projected gross yields of up to 5.47%

 

Ilford still offers excellent value for property investors, with average prices in the town 34.1% lower than the London average. Crossrail is set to bring even more residents to Ilford, with the town’s population forecast to rise a further 22.5% by 2028. With all these new residents, even the wide-ranging regeneration programme that’s already transforming the town will not be enough to meet expected housing demand, resulting in forecasts of price growth reaching 40.7% by 2020.

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