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See how verdicts work1-bedroom flat · IG6 3EL
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered chain free, this larger than average, one bedroom first floor flat is in a well-kept development on New North Road.
Inside are a bright reception room, a kitchen, a double bedroom and a bathroom. A key benefit is secure, gated allocated parking, which is rare at this price point.
Hainault Central line station is within easy reach, giving direct links to Stratford and the City. The shops and amenities on Manford Way are close by, with a Tesco just moments away.
Hainault Forest Country Park and Fairlop Waters are both nearby for walks and weekends outdoors, and local schools include Manford and John Bramston Primary Schools.
An ideal first purchase or buy-to-let investment. Early viewing is recommended. Communal Entrance Hall Security entry phone system, stairs to all floors.
Entrance Hall Security entry phone, coved cornice, storage cupboards and doors to: Bedroom (4.39m x 4.29m (14'5 x 14'1)) Two light double glazed window, radiator, coved cornice.
Built-in wardrobe cupboards.
Lounge (4.70m x4.19m (15'5 x13'9 )) Two light double glazed window, coved cornice, radiator, open to: Kitchen (2.39m x 2.39m (7'10 x 7'10)) Range of wall and base units, working surfaces, cupboards and drawers, built-in oven with gas hob and extractor hood over, plumbing for washing machine, recess for fridge/freezer, cupboard housing boiler, part tiled walls, laminated wood strip flooring, double glazed window.
Bathroom (2.39m x 1.70m (7'10 x 5'7)) Panel enclosed bath with electric shower, hand held shower attachment and glazed side screen, low level wc, pedestal wash hand basin, radiator, part tiled walls, obscure double glazed window, coved cornice.
Exterior Gated secure allocated parking.
Lease 101 years remaining Service Charge £1635 Ground Rent £100 per annum Council Tax London Borough of Redbridge - Band C 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
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
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FAQ
About New North Road, Hainault
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