2-bedroom flat · IG3 9QT
Sold STCListed 501 days
Opportunity summary
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About
*SOLD BY PETTY SON & PRESTWICH* Petty Son & Prestwich are thrilled to offer this generously proportioned Two bedroom, split level apartment, boasting excellent transport links, green spaces, and top-rated schools just moments away, this property is perfect for professionals, young families, or investors alike.
*SOLD BY PETTY SON & PRESTWICH* Conveniently situated just 0.4 miles from Goodmayes Station (Elizabeth Line), commuting into central London is quick and effortless.
Enjoy the outdoors with Goodmayes Park only a short 0.2-mile stroll away.
For families, the location couldn’t be better as Goodmayes Primary School is just 100 yards from your doorstep, and Mayfield School & Leisure Centre (with swimming facilities) is also within 0.2 miles on foot.
Accessed via its own private front door with no need to pass through a communal lobby, this chain-free apartment offers spacious, well-laid-out accommodation.
The generous lounge features a bright bay window, while the large kitchen and bathroom both benefit from natural light and ventilation through external windows.
Two well-sized bedrooms complete the accommodation to this floor.
The property also benefits from a converted loft space with an additional shower room—ideal for storage or further development subject to planning. Shared off-street parking adds further convenience.
Please note: The apartment is offered with a lease of 53 years, which has been reflected in the pricing and should be considered when making an offer.
EPC Rating: D58 Council Tax Band: C Service Charge: N/A Ground Rent: N/A Lease Information: 99 years from 25th December 1979 (53 years currently remain) An Anti-Money Laundering fee will be applicable to all purchasers at a cost of £18.00 per person.
Reception Room - 4.36 x 4.05 (14'3" x 13'3") - Kitchen - 3.16 x 2.40 (10'4" x 7'10") - Bedroom - 4.18 x 3.05 (13'8" x 10'0") - Bedroom - 2.90 x 2.73 (9'6" x 8'11") - Loft Room - 4.75 x 3.85 (15'7" x 12'7") -
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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