2-bedroom flat · IG1 4JA
To rentListed 61 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Homefinders are delighted to present this spacious two-bedroom ground floor flat to the market, ideally located on Balfour Road, Ilford.
The property offers comfortable accommodation throughout, comprising a bright reception room, two well-proportioned bedrooms, a fitted kitchen, and bathroom.
Being situated on the ground floor, the property provides easy access and further benefits from a private garden and a private driveway, providing valuable outdoor space and off-street parking.
The property is ideally located close to a range of local amenities, including supermarkets, shops, cafés, restaurants, schools, parks, and other everyday conveniences.
Ilford Station is approximately a 12-minute walk away, providing excellent Elizabeth line connections into Stratford, Liverpool Street, and Central London.
With its two bedrooms, private garden, private driveway, and convenient location, this property is sure to attract strong interest. Available now – early viewing is highly recommended.
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
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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 248a,, Balfour Road, Essex
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