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Little Ilford Lane, London

London

£160,000
Listed on 24/02/2026

Property Details

Bedrooms
2
Type
Flat
Area
495 sqft

Description

This two-bedroom ground floor flat represents a significant investment opportunity for cash buyers eager to capitalize on refurbishment potential in a well-connected area of East London. The property requires comprehensive modernization, offering ample room for enhancements that could substantially increase both rental yields and long-term market value, with an estimated rental income potential of around £1,900 per month post-renovation. The flat features two bedrooms, a living room, a kitchen, and a bathroom, complemented by permit holder street parking for residents. Located on Little Ilford Lane, this property enjoys proximity to Manor Park Station (Elizabeth Line), ensuring swift transit to Stratford, Liverpool Street, and Central London—making it appealing to commuters and fostering high tenant demand. With approximately 48 years left on the lease and an estimated cost of £40,000 for an extension, this asset presents an enticing chance for buyers to secure a strategically located property with considerable prospects for capital appreciation and income generation.

Investment Analysis

(E12 area)

Below Market Value

This property is priced -32.0% below area average per sq ft

-32.0%
Potential saving
This Property
£323/sq ft
Area Average
£475/sq ft
Avg Rent (weekly)
£521
Avg Yield
6.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£258,801
10% above area average per sq ft
Potential ROI
+29.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (E12)

Area prices are rising by +9.3% over the last 12 months
3 year growth: +12.7%
5 year growth: +21.5%
Investment Disclaimer: Analysis based on E12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Little Ilford Lane, London
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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