1-bedroom flat · IG8 0DF
For saleListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One-Bedroom Retirement Apartment for the Over-60s A bright and spacious one-bedroom retirement apartment situated on the first floor of this modern block with parking, a secure and well-maintained development exclusively for residents aged 60 and over.
The apartment comprises a comfortable living room, fitted kitchen, generous double bedroom and bathroom with wall mounted shower with glass shower screen and grab rail.
Residents benefit from a House Manager on site Monday to Friday, a 24-hour emergency call system, secure entry and lift access to all floors.
The development also offers a welcoming residents’ lounge, laundry room, landscaped communal gardens, social activities and a guest suite for visiting family and friends, subject to availability.
Permit parking is available for an additional charge. Ideally located on Snakes Lane West in Woodford Green, close to local shops, cafés, amenities and Woodford Central Line station.
A peaceful, safe and comfortable long-term home for a single resident or couple aged 60 or over.
Service charge approx £4085 Ground rent £495 Lease 125 years from 2010 Council Tax Band C Reception/Dining Room (5.8 x 2.1 (19'0" x 6'10")) Kitchen (3.1 x 2.2 (10'2" x 7'2")) Bedroom (5.6 x 2.8 (18'4" x 9'2")) Bathroom (2.1 x 1.7 (6'10" x 5'6"))
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 13 Devereux Court, 44-46, Snakes Lane West, Woodford Green
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