3-bedroom terraced house · IG3 9QZ
For saleReduced £5k (−1%) on 13 OctListed 248 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Guid price £525,000 - £550,000 A three-bedroom terraced house, ideally suited for first-time buyers looking to make it their own, situated in the popular Goodmayes area just off Green Lanes.
The property requires modernisation throughout and offers great potential.
The property comprises of three bedrooms and a family bathroom on the first floor, while the ground floor features two good-sized reception rooms, a spacious kitchen leading to a generous rear garden, and a separate downstairs W/C.
Further benefits include a private driveway, close proximity to local shops, amenities, and excellent transport links, and scope to extend into the loft (subject to planning permission), making this an ideal project for buyers looking to add value.
Early viewing is strongly advised.
Reception 1 - 4.79m x 4.25m (15'7" x 13'9") Reception 2 - 3.78m x 6.14m (12'4" x 20'1") Kitchen - 3.73m x 3.50m (12'2" x 11'4") Bedroom 1 - 3.74m x 3.34m (12'2" x 10'9") Bedroom 2 - 4.81m x 2.58m (15'7" x 8'4") Bedroom 3 - 2.83m x 2.67m (9'2" x 8'7") Bathroom - 2.76m x 2.65m (9'0" x 8'7") Council Tax Band: Tbc Tenure: Leasehold (872 years) Ground Rent: £4.8 per year
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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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 7 Hazeldene Road, Ilford
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