2-bedroom flat · E18 1RE
For saleReduced £55k (−20%) on 21 JunListed 337 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modernisation opportunity, Offered chain free and boasting a newly extended lease, this two bedroom ground floor apartment is located within this popular gated development opposite Elmhurst Park.
Churchill Estates are pleased to present this chain-free modernisation opportunity – a two-bedroom ground floor apartment offering significant potential and sold with a simultaneously extended lease.
The new lease will add 99 years to the existing 51 years and will also abolish the ground rent, creating a highly appealing long-term investment proposition.
Located within a popular gated development on Gordon Road, directly opposite the beautiful Elmhurst Park, this property is ideal for buyers seeking a project with excellent future value.
Accommodation •Entrance hall •Spacious lounge •Two bedrooms •Family bathroom Exterior •Well-kept communal gardens •Residents’ car park Location Perfectly positioned opposite Elmhurst Gardens, offering scenic walks, tennis courts and a playground.
South Woodford Underground Station (Central Line), George Lane’s shops, cafés, pubs and restaurants, and a wide range of local amenities are all approximately a 10-minute walk away.
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 Flat 1. Highland Court, Gordon Road, South Woodford
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