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COMMERCIAL

Cranbrook Road, Ilford

£1,200,000
Portico, Ilford
PROPERTY TYPE

Retail Property (high street)

BEDROOMS

2

BATHROOMS

2

SIZE

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Key features

  • Freehold mixed-use investment opportunity
  • Ground floor commercial retail unit
  • Two self-contained one-bedroom flats
  • Ample rear parking and garage space
  • Planning permission for two additional two-bedroom flats
  • Approved plans to convert 92A into a two-bedroom flat
  • Excellent Ilford location close to Elizabeth line
  • Strong investment and development potential

Description

A rare opportunity to acquire a freehold mixed-use investment comprising a ground floor commercial retail unit, two self-contained one-bedroom flats above, and a substantial rear section with ample parking and garage space, all located in a prominent and highly accessible Ilford position.

The commercial element occupies the ground floor and offers a sizeable retail trading area with kitchen / staff facilities to the rear, making it suitable for a range of occupiers or continued commercial use. Above, the property includes two one-bedroom flats, each offering practical residential layouts and separate living accommodation.

A major feature of the site is the significant rear area, which provides parking, garage space, and further development potential. Importantly, the property benefits from planning permission already granted for two additional two-bedroom flats to be built above the rear garage, together with approval to create an additional bedroom to turn 92A into a two-bedroom flat. Further information and plans can be made available upon request.

This makes the property particularly attractive to investors and developers seeking a ready-made asset with income potential, asset management scope, and future development upside.

Location Highlights

IG1 4NH is well positioned within Ilford, offering strong footfall and excellent connectivity. The area benefits from easy access to Ilford Station (Elizabeth line), providing fast links into Stratford, Liverpool Street, Canary Wharf, the West End, and Heathrow. There are also convenient road connections via the A12 and A406 (North Circular), making the location attractive for both commercial and residential occupiers.

The surrounding area offers a broad range of amenities, shops, restaurants, and services, while Ilford continues to benefit from regeneration and ongoing investment, supporting long-term demand.

This is a compelling opportunity to acquire a freehold building with existing income, parking, and consented development potential in a strong East London location.

Cranbrook Road, Ilford

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ilford Station0.2 miles
  • Gants Hill Station1.1 miles
  • Manor Park Station1.2 miles
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About Portico, Ilford

207 Cranbrook Road, Ilford, IG1 4TD
Industry affiliations:

Portico have been helping match the people of London with their perfect property since 1818 when we began life as Edmund Cude.

Under family ownership for two centuries, Portico was acquired by the Leaders Romans Group in 2021. Combining our expert knowledge of the London property market and maintaining our founding principles of integrity, approachability, and reliability we coupled access to the suite of LRG brands and products extending our service offering.

To our core service offering of buying, selling, letting and renting we added expertise in mortgages and insurance, buy to let, shared ownership, conveyancing and surveyors amongst others.

Notes

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Disclaimer - Property reference ILF250022. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Portico, Ilford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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