2-bedroom flat · IG3 8TR
To rentListed 2 days
Opportunity summary
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About
Description We are pleased to present this spacious two-bedroom flat located in the quiet residential area of Goodmayes, on the outskirts of Ilford.
The property is ideally positioned within walking distance of local shops, restaurants and excellent transport links, making it an ideal choice for couples and small families.
The property features a particularly spacious reception room with two large windows and a window alcove, allowing plenty of natural light to create a bright and airy atmosphere.
The room offers ample space for a large sofa set, coffee table and additional furniture, making it perfect for relaxing or entertaining guests.
Wooden flooring and freshly painted walls give the space a modern and welcoming feel.
The kitchen benefits from tiled flooring, granite worktops and off-white cupboards and drawers, providing plenty of storage and preparation space.
It also comes equipped with an oven and gas hob, offering practicality and convenience for everyday living.
The bathroom is fully tiled from floor to ceiling and comprises a three-piece suite, including a bathtub with an overhead shower, washbasin and toilet.
The first bedroom is generously sized, featuring wooden flooring, freshly painted walls and a large window with an alcove, creating a bright and spacious environment.
It offers ample room for a double or king-size bed, along with additional bedroom furniture. The second bedroom is also well-proportioned, featuring wooden flooring and painted walls.
Although slightly smaller than the main bedroom, it comfortably accommodates a double bed, with additional space for a wardrobe, chest of drawers or other furnishings.
The property benefits from an excellent location, with Tesco Extra approximately 0.5 miles away and aldi just 0.3 miles away.
Goodmayes Station is also approximately 0.3 miles from the property, providing convenient access to transport links for commuting across London. Chadwell Heath Station is approximately 1.3 miles away.
For families, Goodmayes Primary School is around 0.7 miles away, while Barking Abbey School is approximately 2 miles from the property.
Combining spacious interiors, modern finishes and a convenient location close to shops, schools and transport links, this two-bedroom flat presents an excellent opportunity for those seeking comfortable living in Goodmayes.
Council Tax Band: C (Redbridge Council) Deposit: £2,423.07 Holding Deposit: £484.61
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
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About Flat 3, 20 Wellwood Road, Essex
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