One of London’s Key towns to watch
Ilford is one of northeast London’s largest and most cosmopolitan towns, and now presents an excellent case for investment in property. Effectively the capital of the Borough of Redbridge, the swathes of regeneration investment arriving in Ilford has made it one of London’s key towns to watch.
Driven by the coming arrival of Crossrail and the work of the Mayor’s London Fund, regeneration work in the centre of Ilford is gathering pace. Ilford’s Town Centre Area Action Plan incudes over GBP40 million of Crossrail- related investment that will see Ilford Station upgraded along with the surrounding public areas, with a focus on ease of access and urban renewal.
The plan has also paved the way for 10 priority development sites to deliver up to 1,500 hundred new homes and over 25,000 square metres of commercial floor space by 2016. There will also be significant investment in local facilities, including a £500,000 upgrade to the town library. The prominent Exchange retail centre will also receive a £10 million facelift following its recent acquisition by Meyer Bergman.
Investment in Ilford
Part of an extensive regeneration programme that will revitalise central Ilford, the striking design of Horizon will deliver a new landmark for this growing part of outer London.
Horizon’s striking design concept is inspired by the towns unique place in the history of photography and telecommunications.
The development’s façade will directly reference the style of traditional photographic paper, with complementary cladding and window framing in an eye-catching black and white configuration, recalling the history of the Ilford Photo site across the road.
A system of voids, louvres and privacy screens will work in combination along the development’s galleries to both maximise natural lighting and ensure privacy for residents.
Horizon is a central part of a wider project to revitalise the heart of Ilford, and this is reflected in the design of the development’s public spaces.
A coherent new street front will be created on Ilford Hill, with several convenient retail units alongside a tree-lined seating and meeting area. This will establish a new community space where residents, commuters and shoppers can overlap and interact.
- 122 Studio and 1/2-bed apartments in London
- Key part of Ilford Town Centre Area Action Plan
- Adjacent to the station, home of Crossrail from 2018.
- Est. completion date Q3 2017
- Up to 75% LTV available
- Rental yields up to 6%
- Prices from £250,000 – £450,000 (average £500 per sq/ft
- Studio, 1 and 2 bedroom residential apartments
- Sale Price: from £250,000 to £450,000
- Availability: Opportunities available