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See how verdicts work2-bedroom house · E12 6DU
For saleListed 279 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a freehold terraced property arranged as two self-contained one-bedroom flats, ideally located on a popular residential road in Manor Park.
This well-positioned conversion offers flexibility for investors, multi-generational living, or owner-occupiers seeking rental income.
Ground Floor Flat The ground floor flat comprises a double bedroom, a bright reception room, a fitted kitchen, and access to a private rear garden.
A standout feature is the large basement, offering substantial additional space that can be utilised for storage, a home office, gym, studio, or other uses, subject to the new owner’s requirements and any necessary consents.
First Floor Flat The first floor flat is a well-proportioned one-bedroom flat featuring a separate reception room, kitchen, and bathroom, providing comfortable and independent living accommodation.
Location & Transport Third Avenue is conveniently situated for excellent transport connections.
Manor Park Station (Elizabeth Line) is within easy reach, offering fast and direct links to Liverpool Street, Canary Wharf, Stratford, and Central London, making the property ideal for commuters.
Woodgrange Park Station (London Overground) is also nearby, along with numerous local bus routes providing access across East London and beyond.
Amenities & Schools The property is close to a wide range of local amenities, including shops, cafés, and restaurants along High Street North and Romford Road.
Green spaces such as Wanstead Flats are within walking distance, offering expansive outdoor recreational areas.
The area is well served by a selection of well-regarded primary and secondary schools, making it popular with families and long-term tenants alike.
Summary This freehold, two-flat conversion represents a strong investment opportunity or a flexible residential purchase in a well-connected and increasingly sought-after location.
Early viewing is highly recommended.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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
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
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FAQ
About 20 Third Avenue, London
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