1-bedroom flat · IG1 2BN
For saleReduced £10k (−4.3%) on 13 OctListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Purplebricks is pleased to present this beautifully refurbished one-bedroom first-floor flat, ideally located within the popular Springfield Court development.
The property has been fully renovated to a high standard, including the complete replacement of flooring with integrated pir insulation boards, improving both comfort and energy efficiency throughout.
The accommodation comprises a well-proportioned double bedroom and a bright, spacious open-plan living room, creating a modern and functional living space.
The kitchen and bathroom have been fully updated with contemporary fittings, while double-glazed windows are fitted throughout, enhancing insulation and reducing external noise.
Heating is provided by energy-efficient electric radiators with thermal fluid technology, designed to retain heat and help lower running costs.
Hot water is supplied via an electric Fiamma Combi boiler. Externally, the property benefits from a private, gated residents’ car park, offering both security and convenience.
The flat is ideally positioned for easy access to local shops and amenities, as well as excellent transport links.
Barking Station and Ilford Station (Elizabeth Line) are both within close proximity, providing fast and direct connections into Central London.
This property is an excellent opportunity for first-time buyers, investors, or those seeking a stylish, move-in-ready home in a well-connected and desirable location.
Property Ownership Information Tenure Leasehold Council Tax Band C Annual Ground Rent £50.00 Ground Rent Review Period Every 1 year Annual Service Charge £1,500.00 Service Charge Review Period Every 1 year Lease End Date 01/01/2115 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
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.
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
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FAQ
About Flat 21/Springfield Court, Forsythia Close, Ilford
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