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See how verdicts work2-bedroom flat · IG1 4AZ
For saleListed 550 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
40% part ownership opportunity (cash buyers only) This is a really good condition ground floor 2 bedroom purpose built flat in a popular cul-de-sac location close to Seven Kings Station and popular schools such as Seven Kings High School and Isaac Newton School.
You could literally unpack your bags and move in, the owner has just refurbished the property making it fresh and ready for the new owner.
Its a well looked after development and block, all of the communal grounds and the block are well maintained and looked after by the residents and management agent.
You have the opportunity to get yourself onto the ladder by buying 40% of the property, then you can staircase your ownership towards 100% as you affordability increases in the future, if you wish to do so.
The owner has given us good feedback regarding the neighbours and positive community spirit, also it is a very convenient location with many amenities within walking distance.
EPC Rating: C Location Perfectly positioned in a quiet residential cul-de-sac, this property benefits from excellent access to local transport and amenities.
Seven Kings (Elizabeth Line) and Newbury Park (Central Line) are both within easy reach, offering fast, direct links into Central London, Stratford, Liverpool Street, and beyond.
Major road connections including the A12, A13 and A406 provide added convenience for commuters.
The surrounding area offers a welcoming and diverse community with a great selection of shops, cafés, parks, and places of worship close by.
Families will appreciate the choice of well-regarded local schools, making this an ideal location for those seeking comfort, convenience, and strong connectivity.
Kitchen (2.83m x 2.08m) Reception (6.93m x 3.75m) Bedroom (3.45m x 2.26m) Bedroom (3.45m x 2.83m) Bathroom (2.07m x 1.69m) Parking - Allocated Parking
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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
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FAQ
About 56 Friars Close, Ilford
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