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See how verdicts work1-bedroom flat · IG8 8HW
No longer listedReduced £15k (−5.7%) on 21 SepListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description This one bedroom ground floor maisonette is located in the ever popular Chapelmount Road development.
The property benefits from a private entrance, an allocated car parking space, a long lease with competitive service charge and is located within the London Borough of Redbridge.
This property could suit a first time buyer or a discerning investor. Location The locatiion is ideal for someone looking to be within green spaces but needs easy access to transport links.
The Central Line Stations at Woodford and Chigwell are close by, bus routes and major road links.
The local shops and cafes are at Woodford Broadway and Woodford Bridge are easy to get to and Claybury Park is on the doorstep.
Accommodation There is a lounge / kitchen with wooden flooring and the kitchen area has space for appliances. The bathroom is fitted with a modern white suite, vanity sink and fully tiled.
The well appointed bedroom is positioned to the rear overlooking greenery. The property is double glazed and has two useful storage cupboards.
Exterior The property enjoys views of maintained attractive communal gardens and has an allocated car parking space.
Agent's note There is a long lease of over 950 years, service charge is £75 per month and ground rent is £80 per annum.
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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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 40, Chaplemount Road, Woodford Green
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