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See how verdicts work2-bedroom flat · IG3 8FE
For saleReduced £20k (−6.3%) on 27 JulListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented, modern apartment offers a fantastic opportunity for first-time buyers and rental investors alike, boasting a long lease of over 900 years and the benefit of no onward chain.
Situated in a sought-after location off Barley Lane, the property is ideally positioned for easy access to the A12, Goodmayes Station (serving the Elizabeth Line), and is within close proximity to both Goodmayes and King George Hospital, making it a convenient choice for commuters and healthcare professionals.
The apartment is ready to move in, featuring a bright and spacious open living area with direct access to a private balcony (perfect for relaxing or entertaining), and a contemporary fitted kitchen with integrated appliances off the lounge space.
The well-proportioned bedrooms offers space for furnishings and storage, while the family bathroom compliments the ensuite to the master bedroom.
Additional benefits include an allocated parking space (ensuring hassle-free parking at all times), secure entry system, and well-maintained communal areas.
With its excellent transport links, desirable location, and turnkey condition, this property represents a superb purchase for those seeking comfort, convenience, and long-term value.
The property has green areas around the building, there is plenty of space for fresh air, enjoying the sun and having a picnic.
Early viewing is highly recommended to appreciate all that this impressive apartment has to offer. EPC Rating: C
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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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
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FAQ
About 2, Tuscany House, Medici Close, Goodmayes
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