2-bedroom flat · IG1 2JR
For saleReduced £15k (−5.8%) on 15 SepListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Service charge (For Leasehold tenure): £1548 per year. Ground rent (For Leasehold tenure): £25 per year.
This two-bedroom flat is situated on the second floor of a two storey building, offering a comfortable living space in a convenient location.
The property features a spacious reception room, perfect for relaxation and entertainment. The separate modern kitchen is well-equipped, providing ample space for meal preparation.
The flat includes two well-sized bedrooms, offering plenty of natural light and space for storage. The bathroom is fitted with a bathtub and shower, ensuring convenience for daily routines.
Double glazing throughout the property enhances energy efficiency and noise reduction, while gas central heating provides warmth during colder months.
Residents will appreciate the access to communal gardens, offering a pleasant outdoor space for leisure activities.
There is also the added benefit of a car park space, accessed from the back of the building via gates.
The property is located close to local amenities, ensuring that shops, restaurants, and services are within easy reach.
Additionally, the flat benefits from excellent transport links, conveniently located between Ilford and Barking Station with access to Elizabeth line from Ilford Station and transport links to London Bridge and to central London from Barking Station making commuting straightforward and efficient.
Ilford is a vibrant area with a variety of amenities, including shopping centres, parks, and cultural attractions.
The property’s location provides easy access to public transport, connecting residents to the wider London area.
This flat is an excellent opportunity for those seeking a well-located home with modern features and convenient access to both local amenities and transport options.
Value & comps
No previous sales on record.
Returns
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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 29 Lupin Crescent, ILford, London
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