Property · IG1 4TA
Listing removedReduced £25 (−6.7%) on 21 JunListed 218 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Link is pleased to offer this well-located, large garage situated on Cranbrook Road, Ilford.
This is a rare opportunity in a highly sought-after location and early viewing is strongly recommended, as demand is expected to be high.
The garage benefits from secure access and is conveniently located just a five-minute walk from Ilford Town Centre and Ilford Railway Station.
The property is close to a wide range of local amenities, including cafés, restaurants, grocery shops, newsagents, hairdressers and salons, beauty parlours, pharmacies, petrol stations, supermarkets, and more.
This is an excellent opportunity to occupy a uniquely located property in a prime area. Viewings are strongly advised to fully appreciate the accommodation on offer.
Rent and Fees: One month’s rent payable in advance (rent includes electricity) One month’s rent as deposit Agency fees apply plus VAT This opportunity would suit a variety of uses and is ideal for those seeking a well-positioned and secure space.
Serious enquiries only. Viewings are strictly by appointment. Disclaimer: Property Link endeavours to ensure that all details, descriptions, and representations are accurate and reliable.
However, these particulars are provided for guidance only and do not constitute part of any offer or contract.
Interested parties are advised to carry out their own inspections and verification prior to entering into any agreement.
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
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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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
FAQ
About 3, Cranbrook Rd, Ilford
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