2-bedroom flat · IG6 3EL
For saleListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present this well-maintained two-bedroom ground-floor apartment, ideally situated within a private gated development close to Hainault Station, local shops and schools.
The property is accessed via a welcoming entrance door leading into a spacious hallway, which provides access to the main living areas.
The bright Lounge/Dining Room features an attractive archway leading through to the fitted kitchen, which benefits from a good range of wall and base units.
There are two well-proportioned double bedrooms, with the principal bedroom featuring a range of fitted wardrobes. A family bathroom completes the accommodation.
The property further benefits from allocated secure parking within the gated development.
New North Road is conveniently located within close proximity to Hainault Central Line Station, providing fast and convenient connections to the City of London, the West End and other destinations across London.
Manford Way is also nearby, offering a wide selection of shops, cafés and eateries, together with a Tesco supermarket, Nisa Extra and Wenzel’s Bakery.
Barkingside High Street is just a short drive away and provides a further excellent range of amenities, including Fullwell Cross Library and Leisure Centre.
For those who enjoy outdoor spaces, Hainault Recreational Ground and Fairlop Waters Country Park are both within easy reach, offering a variety of opportunities for walking, leisure and recreation.
The area also provides a range of educational facilities for families, with Manford Primary School, Ilford County High School and Valentines Nursery all located nearby.
Overall, this property offers comfortable and well-presented accommodation in a convenient location, with excellent transport links, local amenities, schools and recreational facilities close at hand.
Please note that the information stated in regard to this property does not establish an offer or contract, neither will it be considered as representations.
It is in the responsibility and obligation of all interested parties to confirm exactitude and your solicitor must check tenure and all lease information, fixtures and fittings, and any planning/building regulations where the property has been extended/converted.
All measurements and dimensions are estimated and noted exclusively for guidance purposes as floor plans are not to scale and their exactness cannot be confirmed.
Reference to appliances and/or facilities does not imply that they are necessarily operational or functioning for the purpose.
**Guide Price £300,000 - £350,000** Madison Fox are delighted to offer this well presented two double bedroom ground floor apartment situated in a private gated development close to Hainault Station, shops and schools.
The property offers two double bedrooms, living/dining room, modern fully fitted kitchen, family bathroom, allocated gated parking with some communal space and a video entry phone system.
New North Road is within very close proximity to Hainault Central Line Station providing quick and easy access to The City of London, The West End and beyond.
Also within very close proximity is Manford Way High Street and it's comprehensive range of shops and eateries as well as a Tesco Supermarket, a Nisa Extra and a Wenzel's Bakery.
Just a short drive away is also Barkingside High Street that offers a great range of amenities including Fullwell Cross Library & Leisure Centre.
There are a great range of picturesque outdoor spaces close by including Hainault Recreational Ground and Fairlop Waters Country Park.
Educational requirements, both primary and secondary, can be provided for with Manford Primary School, Ilford County High School & Valentines Nursery nearby.
Council Tax Band: D Tenure: Leasehold 104 years Remaining Annual Service Charge: £1,320 Service Charge Review Period - Annually Ground Rent - £100 pa Ground Rent Review Period - tbc Please note that the information stated in regard to this property does not establish an offer or contract, neither will it be considered as representations.
It is in the responsibility and obligation of all interested parties to confirm exactitude and your solicitor must check tenure and all lease information, fixtures and fittings, and any planning/building regulations where the property has been extended/converted.
All measurements and dimensions are estimated and noted exclusively for guidance purposes as floor plans are not to scale and their exactness cannot be confirmed.
Reference to appliances and/or facilities does not imply that they are necessarily operational or functioning for the purpose.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Flat 1, Leinster Court 484-494,, New North Road, Ilford
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