2 × 1-bed flat · IG1 4BX
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled on Ley Street in the vibrant area of Ilford, this charming mid-terrace property presents an excellent opportunity for investors.
The property boasts two well-proportioned one bedroom flats with separate entrances. Additionally, the house includes parking for one vehicle, a valuable asset in this bustling area.
What sets this property apart is its unique offering of two one-bedroom flats, both in great condition and sold with the freehold.
Each flat has its own separate entrance, providing privacy and independence for residents. This arrangement allows for less risk.
With its prime location in Ilford, residents will enjoy easy access to local amenities, transport links, and green spaces.
This property is a rare find, combining comfortable living with the potential for additional income.
Whether you are looking to make it your family home or an investment venture, this property on Ley Street is certainly worth considering.
Ground Floor Flat Kitchen (2.99m x 2.94m (9'9" x 9'7")) Range of wall and base units. Gas hob. Oven. Sink. Integrated washing machine and fridge-freezer. Laminate flooring.
Glass door to reception room. Reception Room (3.48m x 3.07m (11'5" x 10'0")) Laminate flooring. Radiator. Glass door to kitchen. Door to shower room. Door to bedroom.
Shower Room (2.14m x 0.76m (7'0" x 2'5")) Walk-in shower unit. Wash hand basin. Low level toilet. Laminate flooring. Tiled walls. Bedroom (3.49m x 3.07m (11'5" x 10'0")) Double glazed window to front.
Laminate flooring. Under floor heating. Built-in cupboards. Parking Drive for one car. First Floor Flat Stairs to the first floor.
Reception Room (4.24m x 3.53m (13'10" x 11'6")) Double glazed window to rear. Laminate flooring. Radiator. Built-in cupboard. Open to kitchen.
Kitchen (3.31m x 1.72 (10'10" x 5'7")) Range of wall and base units. Gas hob. Oven. Integrated microwave, fridge-freezer and washing machine.
Bedroom (4.72m x 3.05 (15'5" x 10'0")) Double glazed window to front. Laminate flooring. Radiator. Fitted wardrobes. Bathroom (2.11m x 1.78m (6'11" x 5'10")) Panel bath, Wash hand basin, Low level WC.
Tiled walls. Laminate flooring. Agents Note Freehold being sold with two flats No service or appliances have been tested by Sandra Davidson Estate Agents.
Client Money Protection We are members of the Propertymark Client Money Protection (cmp) Scheme.
Our Client Money Protection certificate is available upon request or it can be found on our website: Redress We hold independent redress with The Property Ombudsman
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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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 124, Ley Street, Ilford
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