Axon Place, Ilford, IG1 1NL

2-bedroom flat · IG1 1NL

2 bathsEPC B · Two bedrooms · Two bathrooms

Asking

£260,000

For saleListed 272 days

Chain Free

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

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About

The property

Welcome to this charming flat (8th floor) located in the desirable area of Axon Place, Ilford.

This delightful property boasts two well-proportioned bedrooms, making it an ideal choice for couples, small families, or even those seeking a comfortable space to share with a flatmate.

As you enter the flat, you are greeted by a spacious reception room that offers a warm and inviting atmosphere, perfect for relaxing or entertaining guests.

The natural light that floods this area enhances the overall appeal, creating a bright and airy environment. The flat features two bathrooms, providing convenience and privacy for all residents.

This thoughtful layout ensures that morning routines can be managed with ease, making it a practical choice for busy lifestyles.

Situated in a vibrant community, this property is well-connected to local amenities, including shops, parks, and transport links, making it easy to explore the surrounding area.

Whether you are commuting to work or enjoying a leisurely day out, you will find that everything you need is within reach.

In summary, this flat in Axon Place offers a perfect blend of comfort, convenience, and style.

With its two bedrooms, two bathrooms, and inviting reception room, it presents an excellent opportunity for anyone looking to settle in Ilford.

Do not miss the chance to make this lovely flat your new home. Entrance - Lift to 8th floor Lounge/Kitchen - 6.72m x 3.29 (22'0" x 10'9") - Double glazed window and door to side. Radiator.

Further access to open plan kitchen area. Range of wall and base units. Cooker with extractor fan above. Single bowl drainer sink unit.

Bedroom One - 3.36m x 3.26m (11'0" x 10'8") - Double glazed window to side. Radiator. En-Suite - 1.75m x 1.65m (5'8" x 5'4") - Shower cubicle, wash hand basin and low flush w.c.

Bedroom Two - 3.36m x 2.51m (11'0" x 8'2") - Double glazed window to side. Radiator. Bathroom - 2.19m x 2.14m (7'2" x 7'0") - Panelled bath, wash hand basin and low flush w.c.

Agents Note - No service or appliances have been tested by Sandra Davidson Estate Agents. Sellers Disclaimer - All services/appliances have not and will not be tested

Chain Free

Key information

Council Tax Band

Band D

Estimated ~£1800/year

Tenure

Leasehold

Heating

Ask agent

Local Authority

Redbridge London Boro

London Borough

County

Greater London Authority

Property features

EPC B
Two bedrooms
Two bathrooms
Lounge
Kitchen
CHAIN FREE
Circa 133 years lease

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

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Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

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

Archie refurb estimate: a Pro feature

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0.0% below asking

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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 advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market272 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market272

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £260,00021-01-2026

Still activeDay 272 on marketToday

Strategy fit

No strategy scores available yet.

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.