4-bedroom terraced house · IG1 4HZ
Listing removedReduced £10k (−1.8%) on 29 JunListed 365 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £575,000 - £600,000. Payne & Co are pleased to offer for sale this three/four-bedroom terraced house, situated in the sought-after Commonwealth Estate.
The property features a spacious through lounge that offers a versatile space for relaxation and entertaining. The kitchen provides direct access to a conservatory, ideal for year-round enjoyment.
Upstairs, you’ll find four bedrooms, with a shower room conveniently located via bedroom four. On the ground floor, a WC adds further practical convenience.
This home benefits from off-street parking and a generous rear garden of approximately 60ft, creating an excellent outdoor space for leisure or gardening activities.
The location is ideal, offering access to public transport links, reputable nearby schools, and the green open spaces of Valentines Park, all within proximity.
With its practical layout and family-friendly features, this property is well suited for both first-time buyers and families seeking a comfortable and accessible home in a popular area.
Early viewing is recommended to fully appreciate all that this property has to offer.
EPC Rating: C Through Lounge (7.44m x 3.78m) Kitchen (4.85m x 2.11m) Conservatory (3.35m x 3.15m) Bedroom One (3.66m x 3.12m) Bedroom Two (3.66m x 3.10m) Bedroom Three (2.79m x 2.16m) Bedroom Four (2.76m x 2.18m) Disclaimer A private rental licensing scheme applies to some properties in this area, please contact us before proceeding.
Legal advice should be taken to verify fixtures/fittings, planning, alterations and/or lease details.
Appliances & services are untested, dimensions are approximate, and floor plans are not to scale.
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Value & comps
No previous sales on record.
Returns
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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
FAQ
About 308 Balfour Road, Ilford
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