2-bedroom flat · IG1 4GZ
For saleListed 1330 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aim Estates are pleased to offer for sale, This purpose built, Two Bedrooms, Two Bathrooms flat benefits from allocated secure parking, lift to all floors, double glazing, electric heating, lounge opening to fitted kitchen.
(One bedroom en-suite, One Separate Bedroom with Separate family bathroom).
The property is centrally located within Ilford, Walking distance from shopping centre and mainline station Elizabeth Line transport links.
The current lease is 999 Years from 1 January 2002, the ground rent is £150 per annum, paid every six months and the service charge is approximately £2,800 per annum, paid every six months.
Property descriptions: Lounge: 14' 9" x 11' 2" (4.50m x 3.40m). Kitchen: 12' 2" x 5' 10" (3.71m x 1.78m). Bedroom one: 11' 9" x 10' 5" (3.58m x 3.17m).
En suite shower/ WC: Bedroom two: 11' 5" x 8' 4" (3.48m x 2.54m).
Bathroom: Vanity sink unit with mixer taps, close coupled WC, panelled bath, grab rails, mixer taps and shower attachment, tiled floor, tiled walls, electric towel radiator, extractor fan.
Viewing recommended.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 54, Specturm Tower, Ilford
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