We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom house · IG1 1JY
For saleReduced £40k (−4.8%) on 17 SepListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a substantial terraced property that has been professionally converted into four self-contained one-bedroom flats, situated in a sought-after residential location in Ilford.
The property comprises four well-proportioned one-bedroom apartments, each offering a separate living area, fitted kitchen, bedroom, and bathroom facilities.
The building provides a ready-made investment opportunity with strong rental demand in the area, making it ideal for buy-to-let investors looking to generate multiple income streams from a single asset.
Conveniently located within easy reach of Ilford town centre, local shops, supermarkets, schools, and a wide range of amenities.
Excellent transport links are available, with Ilford Station providing direct connections into Central London via the Elizabeth Line, making the area highly attractive to tenants and commuters alike.
Key Features: Freehold terraced property Converted into four self-contained one-bedroom flats Excellent investment opportunity Potential for strong rental income Popular residential location Close to local amenities and shopping facilities Excellent transport links, including the Elizabeth Line Ideal for portfolio landlords and investors The property offers a rare opportunity to acquire a fully converted multi-unit residential building in a high-demand rental area with excellent long-term investment potential.
Viewings strictly by appointment only.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 63, Richmond Road, London
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