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Tomswood Road, Hainault IG6

London

£350,000

Listed on 12/06/2026

Property details

Bedrooms
N/A
Type
Land

Description

This property presents a noteworthy investment opportunity with the ownership of a freehold block comprising four self-contained apartments. The current asset includes previously granted planning permission for an upward extension, allowing for the addition of three new residential units. Located in a well-established area, this property enjoys convenient access to local amenities and strong transport links, including Fairlop Station, providing direct services to Central London. Although the previous planning consent has lapsed, it lays a foundation for future development potential, which would necessitate submitting a new application to the local planning authority. Prospective investors should consider the potential for creating additional living spaces in this appealing residential location.

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Investment analysis

(IG6 area)
Area Average
£486/sq ft
Avg Rent (weekly)
£435
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (IG6)

Area prices are rising by +3.7% over the last 12 months
3 year growth: +6.0%
5 year growth: +8.5%
Investment Disclaimer: Analysis based on IG6 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

Tomswood Road, Hainault IG6
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% 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.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

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