2-bedroom flat · IG1 4HB
Under offerListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sold STC Prior to Publication.
This two-bedroom flat is for sale in Ilford and is presented in good condition, offering a practical layout with one reception room, a separate kitchen/diner and one bathroom.
The property also provides potential to extend (STPP), which may appeal to first time buyers and investors seeking future flexibility.
The flat is well placed for local amenities, with Ilford High Road and the Exchange Ilford shopping centre offering a range of shops, supermarkets, cafés and services.
Nearby green spaces provide options for outdoor recreation, including local parks within easy reach.
Ilford benefits from several nearby schools, making the area suitable for those who require access to educational facilities.
Public transport links are convenient, with Ilford Station offering Elizabeth line services towards Stratford and Liverpool Street, with journeys to central London typically around 20–25 minutes.
Bus routes in the area connect to surrounding parts of East London and beyond, supporting commuting and access to further amenities.
Term of Lease: 151 years from 25 March 2010 (approximately 135 years remaining ). Vendor is in process of purchasing the Share of freehold to be registered in new buyers name.
We have been advised by our vendor that the service charge is £0 per annum , the ground rent is £0 per annum , and the buildings insurance is to be arranged by the leaseholder.
Prospective purchasers are advised to verify these details via their legal representative. Council Tax: London Borough of Redbridge.
Tax Band B – £1,784.67 per annum (2026/2027) EPC Rating: D Kitchen/Diner 3.25m x 4.22m Reception 3.0m x 4.19m Bedroom 3.33m x 3.28m Bedroom 1.14m x 3.4m Disclaimer A private rental licensing scheme applies to some properties in this area, please contact us before proceeding.
Legal advice should be taken to verify fixtures/fittings, planning, alterations and/or lease details. Appliances & services are untested, dimensions are approximate, and floor plans are not to scale.
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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
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 advisers 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
Agent & docs
FAQ
About Thorold Road, Ilford, IG1
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