Longwood Gardens, IG5

Guide Price: £325,000 - £350,000
LONGWOOD GARDENS, IG5 — CLAYHALL
828 SQFT | 2 BED | 1 BATH | FIRST FLOOR (NO LIFT) | LEASEHOLD 113 YRS | EPC E | SCOPE TO REFRESH

ASSET
A first-floor two-bedroom flat set above the Longwood Gardens shopping parade in Clayhall, London Borough of Redbridge. The building is a two-storey inter-war parade of 1930–1949, shops at ground level and residential accommodation above.
Accommodation of 828 sqft comprises a fitted kitchen at the entrance, a separate reception with chimney breast, two bedrooms — the principal with extensive built-in wardrobes — a family bathroom and 23 sqft of storage. No private external space. Access is by external staircase to the first floor. No lift. Heating is a mains gas boiler with radiators. Windows are fully double glazed.

TENURE & HOLDING COSTS
Leasehold — 113 years remaining | Ground rent £175 pa | Service charge £490 pa | Council tax: Band C (LB Redbridge) | EPC E.

CONDITION
Scope to refresh. Freshly decorated in white with laminate flooring throughout. The kitchen is fitted with light-oak units, stainless-steel worktops and integrated appliances. The bathroom is a three-piece suite with bath and shower over. Services and appliances have not been and will not be tested.

CONNECTIVITY
Barkingside Underground (Central line, Zone 4) is 0.5 miles, with services through Stratford and Liverpool Street to the West End. Fairlop Underground (Central line, Zone 4) is 0.8 miles. Gants Hill Underground (Central line, Zone 4) is 1.0 mile. On the parade: Co-op Food, Longwood Pharmacy and Longwood Parade Post Office. Clayhall Park — Green Flag park with tennis courts, play areas and outdoor gym — sits on Longwood Gardens. Barkingside High Street is the wider retail centre.

BUY CASE
A 113-year lease sits well clear of the 80-year marriage-value threshold. Ground rent is nil and the service charge is £350 per annum. 828 sqft is a generous two-bedroom footprint for Clayhall, with a separate kitchen and reception rather than an open-plan layout. The holding-cost profile and the parade location support both owner-occupation and a straightforward letting — comparable two-bedroom stock on Longwood Gardens has been achieving £1,800–£1,950 pcm. Resale demand sits with first-time buyers and downsizers wanting Central line access and Clayhall amenities without the service-charge load of a managed block.

We are required by law to conduct anti-money laundering checks on all those selling or buying a property as prescribed by the Money Laundering Regulations 2017. The initial checks are carried out on our behalf by Coadjute. The cost of these checks is £80 (excl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you and the checks must be completed. We will receive some of the fee taken by Coadjute to cover our costs in our role in the provision of these checks.