2-bed flat + 1-bed flat · E12 5JQ
For saleListed 16 daysAuction 29 Oct · in 7 days
Opportunity summary
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About
For sale by auction 29th October 2026 at 12:00 £330,000 plus Freehold terraced house split into two flats Location & Description The property is located on the west side of Seventh Avenue, and is 150m from the junction with Romford Road (A118), in a mixed residential and commercial area.
Manor Park Tube Station, is 700m to the west, and Ilford Tube Station (Elizabeth Line) is 800m to the north east. Ilford Town Centre is 1 mile to the north east and Stratford is 3 miles to the west.
The property comprises a freehold house, that has been split into two flats. The ground floor flat, is a two bedroom flat with a garden, and the first floor flat is a one bedroom flat.
Accommodation Whilst Strettons have not internally inspected the ground floor flat, we understand it to comprises: Ground Floor: Two bedrooms, lounge, kitchen, bathroom/toilet and garden 60 Sq M (646 Sq Ft) First Floor: One bedroom, lounge, kitchen and bathroom/toilet 52 Sq M (560 Sq Ft) Tenure Freehold Note 1.
Flat 62A on the first floor is currently vacant. 2. Flat 62 on the ground floor is currently occupied. Vacant possession is due to be obtained on the 20th October 2026.
Auction Surveyor: Rob Hills Contact: Tel : Two flats (one bedroom and two bedroom) in london E12 EPC Rating Flat 62 - D Flat 62A - C
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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About 62 & 62A, Seventh Avenue, London
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