House · IG2 6PQ
Listing removedReduced £50 (−3.3%) on 9 JulListed 117 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Statuum are delighted to offer this wellpresented onebedroom annexe house, ideally situated in the popular Gants Hill, Redbridge, Ilford IG2 area.
Offered part furnished and available for immediate occupation, the rent includes Council Tax and Water Rates, offering excellent value for tenants.
The accommodation comprises a spacious openplan living room with fitted kitchen, a generous double bedroom, and a modern bathroom suite.
The property offers comfortable and practical living, making it ideal for a single working professional or a couple.
Conveniently located within approximately 8–10 minutes' walk of Gants Hill Underground Station and around 12–15 minutes' walk of Newbury Park Underground Station, the property provides excellent transport links via the Central Line.
A wide selection of supermarkets, cafés, restaurants, and local shops are all within easy walking distance, together with regular bus services connecting to the surrounding areas.
Available immediately, this attractive annexe home combines convenience, comfort, and excellent transport links in a highly sought-after residential location.
Rent: £ 1,500.00 (Inclusive of council tax and water) Deposit £ 1,730.76 Council Tax: Inclusive Water Rate: Inclusive Gas & Electricity: Tbc EPC Ratings: 76/C
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 622 A, Eastern Avenue, Ilford
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