Favenfield Road, Thirsk YO7

This property presents a compelling investment opportunity situated in a desirable residential area of East London, where demand from buyers and tenants remains robust due to excellent transport access and proximity to major employment centers. The home is in need of refurbishment and modernization throughout, making it an ideal candidate for those looking to enhance its value significantly. Comparable properties that have undergone renovations in the vicinity are achieving sales prices exceeding £220,000. With rental properties in the area fetching between £1,100 and £1,400 per month, potential investors can expect yields ranging from approximately 4.5% to 6%, influenced by the purchase price and the quality of upgrades implemented post-renovation. The location offers superb connectivity with Manor Park station providing direct routes into Stratford, Liverpool Street, and central London, while also being close to local schools, parks, and various amenities. Please note that any systems or appliances mentioned have not been independently tested and the sale will adhere to the fixtures and fittings agreement upon completion.