How much is 576, Ilford?

The asking rent is £1,500 a month.

No floorplan from the agent

576, Ilford, IG2 6RF

1-bedroom flat · IG2 6RF

840 sq ft1 bath

Asking rent

£1,500/mo

Listing removedListed 51 days · slow let

Investor metrics

HMO Article 4 Direction AreaLondon Borough of Redbridge city-wide Article 4 (HMO), The London Borough of Redbridge Houses in Multiple Occupation Article 4 Direction 2018 · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

Marvel71 Ltd is pleased to offer this bright and well-presented one-bedroom upper-floor flat, conveniently located on Cranbrook Road, Ilford.

The property benefits from a generous open-plan reception room and fitted kitchen, providing plenty of space for both living and dining.

It has been neutrally decorated throughout and features attractive grey wood-effect flooring.

The modern kitchen includes contemporary white units, an integrated electric oven, hob, extractor hood and ample cupboard and worktop space.

The double bedroom benefits from two windows, allowing plenty of natural light into the room.

The modern bathroom is finished with grey tiling and includes a full-sized bath with shower and glass screen, wash basin, WC and heated towel rail.

Key features: Spacious one-bedroom flat Generous open-plan living and kitchen area Well-proportioned double bedroom Modern fitted kitchen Integrated oven, electric hob and extractor hood Fully tiled bathroom Bath with shower and glass screen Heated towel rail Grey wood-effect flooring Double-glazed windows Neutral modern décor Convenient Cranbrook Road location Close to local shops, amenities and transport links The property is available for viewing by appointment.

Please contact Marvel71 Ltd to arrange a viewing.

Key information

Floor area

840 sq ft (78 sq m)

Local authority

Redbridge

London Borough

County

Greater London Authority

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

Short-let restrictions apply

Greater London: an entire home can be let short-term for at most 9090 short-let nights plus a mid-term let for the rest of the year.
England: a national short-term let register is being introduced; register the property before letting.

We're still gathering serviced-accommodation data for this area.

Model

Run the numbers.

Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

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

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.