1-bedroom house · IG4 5EL
Sold STCListed 161 days
Opportunity summary
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About
** CHAIN FREE & VACANT** We are delighted to offer this one-bedroom second-floor retirement apartment, offered to the market vacant and located within this highly sought-after development exclusively for the over 55’s.
Ideally positioned close to local amenities and Central Line stations, the property provides excellent transport links into both the City and West End, making it perfectly suited for convenient and independent retirement living.
The apartment offers bright and well-proportioned accommodation throughout, comprising a spacious lounge, fitted kitchen, double bedroom with fitted storage, and shower room/WC.
A particularly unusual and valuable feature of this property is the substantial loft space, accessed via a pull-down ladder, providing excellent additional storage rarely available within similar retirement apartments.
This well-maintained, warden-controlled development further benefits from an emergency pull-cord assistance system, attractive communal gardens, a spacious residents’ lounge with kitchen facilities ideal for social gatherings, and an on-site House Manager for added peace of mind.
Combining comfort, security, and practicality, this rarely available apartment represents an excellent opportunity for those seeking retirement living in a convenient and well-connected location.
Communal Entrance Hall - Security entry phone doors. Stairs and lift to all floors.
Entrance Hall - 3.53m x 1.02m (11'7 x 3'4) - Coved cornice, storage heater, access to boarded loft, large storage cupboard housing hot water cylinder.
Lounge - 4.95m x 3.18m (16'3 x 10'5) - Three light double glazed window, storage heater, coved cornice, part open to: Kitchen - 2.44m x 2.26m (8 x 7'5) - Base and wall units, working surfaces, cupboards and drawers, sink top with mixer tap, oven with hob above, part tiled walls.
Bedroom - 4.32m x 2.84m (14'2 x 9'4) - Fitted wardrobe cupboards with mirror fronted sliding doors to one wall with further overhead storage, matching bedside tables, two light double glazed window, coved cornice, storage heater.
Shower Room - 2.29m x 1.75m (7'6 x 5'9) - Shower cubicle with thermostatically controlled shower unit, tiled walls, pedestal wash hand basin, low level wc, heated towel rail, extractor fan, tiled walls, tiled floor, upright heated towel rail.
Communal Gardens - Communal Parking - Council Tax - London Borough of Redbridge - Band D Lease - 122 years remaining. Ground Rent - £125.00 per annum.
Service Charge - £2808.00 Agents Note (Lease Etc) - The above details have been provided in good faith and will need to be verified by the respective solicitors.
Agents Note - Arbon & Miller inspected this property and will be only too pleased to provide any additional information as may be required.
The information contained within these particulars should not be relied upon as statements or a representation of fact and photographs are for guidance purposes only.
Services and appliances have not been tested and their condition will need to be verified. All guarantees need to be verified by the respective solicitors.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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