2-bedroom flat · IG3 8FA
To rentListed 858 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Purpose build -- stone throw away from seven kings station (opposite) -- available 16th July 2024 -- keyless entry --- double glazed & gas central heating --- no parking (no permit parking) --- lift --- 5 floors -- completed to A high standard --- unfurnished London's Local Property Agent, Humphrey & Co Estates are proud to introduce to the rental market this high in demand purpose built development known as ' Shannon Centre' built by an experienced private developer.
Located a stone throw away from Seven Kings station and ideal for working professionals that need to commute to the City for work. No parking is available and permits cannot be applied for.
Double glazed & Gas Central heating throughout. Two Lifts for residents. Entrance/Hallway: Laminate flooring to floor. White skirting boards. Cornish clay to walls. White ceilings.
Lounge (Open Plan): Laminate flooring to floor. White skirting boards. Cornish clay to walls. White ceilings. Usb plug sockets.
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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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 Flat 4, 14, Shannon House, Cameron Road, Ilford
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