2-bedroom flat · E11 2SF
To rentReduced £50 (−2.2%) on 3 OctListed 84 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Whole Property This brand-new property has been finished to a high specification and includes a spacious open plan living / kitchen area, two double bedrooms, private roof terrace, bespoke bathroom and hallway storage cupboard.
Mapperley Close has just recently undergone a major refurbishment to include new windows and energy performance upgrades and is situated within walking distance to both Snaresbrook or Wanstead stations, High Street for numerous amenities, good local schools and the areas many pleasant open spaces.
Please note due to Planning Restrictions local parking permits are not available for this property. The property is ready for occupation now and viewings are being arranged.
Please quote property code PP516.
(Date available subject to change) Government website shows this property falls under Council Tax Band D, please note this may not always be accurate and recommend you speak with the local authority for confirmation.
Utilities/council tax bills are not included in the rent.
Offered as a sole or joint tenancy - if more than one tenant, all named tenants will be `jointly and severally liable` for terms and conditions of the tenancy agreement (including total rent).
Holding deposit - equivalent to 1 weeks rent (will be put towards 1st month`s rent in advance) To check broadband and mobile phone coverage please visit Ofcom here This property is available with a Deposit-Free option which means that instead of paying a traditional security deposit of up to 5 weeks, you pay a fee equal to 28% of the monthly rent to become a member of flatfair (a deposit-free renting scheme) which significantly reduces the upfront costs.
This fee is non-refundable and is not a deposit so cannot be used towards covering the cost of any future damage.
(You are still liable to cover costs but at the end of tenancy rather than from deposit paid at start – this is not an insurance policy).
More details available at **Minimum standard Term is 12 months.
This will continue on a month-by-month rolling basis thereafter with rent payable monthly in advance** Client Money Protection : Hamways is a member of the Propertymark Client Money Protection Scheme (cmp) Redress Scheme : Hamways is a member of The Property Ombudsman (TPO) These particulars are believed to be correct at time of writing, but their accuracy is not guaranteed, nor do they form part of any contract.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 9a Mapperley Close, New Wanstead, London
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