2 Bed Flat, Single Let, Ilford, IG1 2AQ £250,000

Westside Apartments, Roden Street, Ilford, IG1 2AQ - 8 views - 10 months ago

Leasehold

BTL

ROI: 8%

~65 m²

ValuationUndervalued

Sold Prices	£129K - £400K
Sold Prices/m²	£2.3K/m² - £7.8K/m²

Square Metres	~65.40 m²
Price/m²	£3.8K/m²
Value Estimate	£305,000£305,000
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£62,500£62,500
Stamp Duty & Legal Fees	£16,200£16,200
Total Cash In	£78,700£78,700

Cash Out
Rent Range	£1,800 - £2,200£1,800 - £2,200
Rent Estimate	£1,681
Running Costs/mo	£1,137£1,137
Cashflow/mo	£544£544
Cashflow/yr	£6,523£6,523
ROI	8%8%
Gross Yield	8%8%

Local Sold Prices

50 sold prices from £129K to £400K, average is £292.5K. £2.3K/m² to £7.8K/m², average is £5.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£325K	08/24	0.02 mi	Atkins House, Flat 411, Roden Street, Ilford IG1 2ZR	£6,250	52	2	Flat
£300K	03/25	0.13 mi	43, Roding Court, Mill Road, Ilford IG1 2FH	£4,688	64	2	Flat
£300K	03/25	0.13 mi	43, Roding Court, Mill Road, Ilford IG1 2FH	-	-	2	Flat
£305K	11/24	0.13 mi	39 Icon Building, Flat 65, Ilford Hill, Ilford IG1 2FB	£5,083	60	2	Flat
£300K	10/24	0.16 mi	51 69 Valentines House, Flat 501, Ilford Hill, Ilford IG1 2ZN	£3,947	76	2	Flat
£129K	04/23	0.22 mi	1027, Romford Road, Manor Park, London, Greater London E12 5LH	£2,345	55	2	Flat
£310K	10/22	0.25 mi	6, Lowbrook Road, Ilford, Greater London IG1 2HD	£5,741	54	2	Flat
£245K	11/22	0.29 mi	Flat 46, Charlbury House, Grantham Road, Manor Park, London, Greater London E12 5NR	-	-	2	Flat
£290K	11/24	0.29 mi	119 Hyle House, Flat 13, Walton Road, Manor Park, London E12 5BN	£4,143	70	2	Flat
£285K	02/25	0.29 mi	Flat 21, 119 Hyle House, Walton Road, Manor Park, London E12 5BN	£4,061	70	2	Flat
£285K	02/25	0.29 mi	Flat 21, 119 Hyle House, Walton Road, Manor Park, London E12 5BN	-	-	2	Flat
£290K	11/24	0.29 mi	Flat 13, 119 Hyle House, Walton Road, Manor Park, London E12 5BN	-	-	2	Flat
£240K	07/24	0.38 mi	129, Dersingham Avenue, Manor Park, London E12 5QQ	£5,581	43	2	Flat
£240K	07/24	0.38 mi	129, Dersingham Avenue, Manor Park, London E12 5QQ	-	-	2	Flat
£204K	11/22	0.39 mi	15, Colchester Avenue, Manor Park, London E12 5LF	-	-	2	Flat
£295K	08/22	0.39 mi	86b, Sheringham Avenue, London, Greater London E12 5PE	-	-	2	Flat
£265K	06/24	0.43 mi	84, Flat 3, Ley Street, Ilford IG1 4BX	£3,897	68	2	Flat
£314K	02/25	0.44 mi	126a, Sheringham Avenue, Manor Park, London E12 5PE	£5,607	56	2	Flat
£290K	12/24	0.44 mi	126, Sheringham Avenue, Manor Park, London E12 5PE	-	-	2	Flat
£290K	12/24	0.44 mi	126, Sheringham Avenue, Manor Park, London E12 5PE	£5,273	55	2	Flat
£138K	07/21	0.46 mi	33d, Grosvenor Road, Ilford, Greater London IG1 1LD	-	-	2	Flat
£207.5K	06/21	0.47 mi	56, Pretoria Road, Ilford, Greater London IG1 2HW	£3,144	66	2	Flat
£245K	03/25	0.49 mi	51c, Mansfield Road, Ilford IG1 3BB	-	-	2	Flat
£287K	07/25	0.49 mi	53e, Mansfield Road, Ilford IG1 3BB	-	-	2	Flat
£320K	07/22	0.51 mi	Flat A, 202, Sheringham Avenue, London, Greater London E12 5PQ	£6,275	51	2	Flat
£230K	06/25	0.52 mi	106, City View, Axon Place, Ilford IG1 1NH	-	-	2	Flat
£230K	06/25	0.52 mi	106, City View, Axon Place, Ilford IG1 1NH	£3,898	59	2	Flat
£360K	06/21	0.52 mi	73, Balfour Road, Ilford, Greater London IG1 4HR	£5,568	65	2	Flat
£350K	06/23	0.52 mi	61a, Balfour Road, Ilford, Greater London IG1 4HR	£5,833	60	2	Flat
£296K	08/21	0.53 mi	78a, Wellesley Road, Ilford, Greater London IG1 4JZ	-	-	2	Flat
£330K	12/24	0.54 mi	873, Romford Road, Manor Park, London E12 5JY	£4,342	76	2	Flat
£330K	12/24	0.54 mi	873, Romford Road, Manor Park, London E12 5JY	-	-	2	Flat
£296.8K	06/23	0.54 mi	171, Gainsborough Avenue, London, Greater London E12 6JN	£5,396	55	2	Flat
£265K	01/23	0.55 mi	4 Vicarage Court, Baxter Road, Ilford, Greater London IG1 2HN	£6,163	43	2	Flat
£330K	11/24	0.56 mi	84, Wellesley Road, Ilford IG1 4JZ	£5,410	61	2	Flat
£350K	03/25	0.57 mi	43, Coventry Road, Ilford IG1 4QT	£6,034	58	2	Flat
£350K	03/25	0.57 mi	43, Coventry Road, Ilford IG1 4QT	-	-	2	Flat
£290K	12/22	0.63 mi	25, Meath Road, Ilford, Greater London IG1 1JA	£5,577	52	2	Flat
£310K	12/24	0.63 mi	72a, De Vere Gardens, Cranbrook, Ilford IG1 3EE	£5,082	61	2	Flat
£310K	12/24	0.63 mi	72a, De Vere Gardens, Cranbrook, Ilford IG1 3EE	-	-	2	Flat
£235K	05/23	0.65 mi	81, Lavender Place, Ilford, Greater London IG1 2BG	£7,833	30	2	Flat
£200K	09/22	0.65 mi	107, Lavender Place, Ilford, Greater London IG1 2BG	£4,348	46	2	Flat
£400K	09/22	0.65 mi	115a, Thorold Road, Ilford, Greater London IG1 4EZ	£6,061	66	2	Flat
£243K	09/22	0.65 mi	Flat 14, Springfield Court, Forsythia Close, Ilford, Greater London IG1 2BN	-	-	2	Flat
£357K	03/25	0.65 mi	28a, Warwick Gardens, Ilford IG1 4LE	£5,852	61	2	Flat
£357K	03/25	0.65 mi	28a, Warwick Gardens, Ilford IG1 4LE	£5,852	61	2	Flat
£357K	03/25	0.65 mi	28a, Warwick Gardens, Ilford IG1 4LE	-	-	2	Flat
£230K	09/24	0.66 mi	33, Lavender Place, Ilford IG1 2BG	£4,423	52	2	Flat
£200K	04/25	0.7 mi	7, Second Avenue, Manor Park, London E12 6EJ	£3,390	59	2	Flat
£316K	04/25	0.72 mi	63, Second Avenue, Manor Park, London E12 6EJ	£5,643	56	2	Flat

Local Rents

50 rents from £1.8K/mo to £2.1K/mo, average is £2.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,800	06/25	0 mi	-	2	Flat
£1,800	06/25	0 mi	Westside Apartments, Ilford, IG1	2	Flat
£2,100	10/21	0.05 mi	Roden Street, Ilford, London, IG1	2	Flat
£2,050	02/24	0.05 mi	Roden Street, Ilford, London, IG1	2	Flat
£2,050	05/24	0.05 mi	Roden Street, Ilford, London, IG1	2	Flat
£1,950	06/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,150	06/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£1,950	06/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£1,950	07/25	0.05 mi	Concert House, 62 Roden Street, Ilford, IG1 2ZP	2	Flat
£2,150	08/25	0.05 mi	Concert House, 62 Roden Street, Ilford, IG1 2ZP	2	Flat
£2,150	08/25	0.05 mi	Concert House, 62 Roden Street, Ilford, IG1 2ZP	2	Flat
£2,150	08/25	0.05 mi	Concert House, 62 Roden Street, Ilford, IG1 2ZP	2	Flat
£2,150	08/25	0.05 mi	Concert House, 62 Roden Street, Ilford, IG1 2ZP	2	Flat
£1,950	08/25	0.05 mi	Concert House, 62 Roden Street, Ilford, IG1 2ZP	2	Flat
£2,150	09/25	0.05 mi	Concert House, 62 Roden Street, Ilford, IG1 2ZP	2	Flat
£2,150	09/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,150	09/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,150	10/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,150	10/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,100	10/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,150	10/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,150	10/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,150	10/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,150	11/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,150	11/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,150	11/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,150	11/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,150	11/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,150	11/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,150	11/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£2,150	11/25	0.05 mi	62 Roden Street Ilford IG1	2	Flat
£1,995	11/25	0.05 mi	Picture House, Ilford	2	Flat
£2,150	11/25	0.05 mi	Picture House, Ilford	2	Flat
£2,150	11/25	0.05 mi	The Picture House, Ilford	2	Flat
£2,150	11/25	0.05 mi	Picture House, Ilford	2	Flat
£1,995	11/25	0.05 mi	Picture House, Ilford	2	Flat
£2,150	11/25	0.05 mi	Picture House, Ilford	2	Flat
£2,150	11/25	0.05 mi	Picture House, Ilford	2	Flat
£2,000	11/25	0.05 mi	The Picture House, Ilford.	2	Flat
£2,150	11/25	0.05 mi	The Picture House, Ilford	2	Flat
£1,950	12/24	0.06 mi	-	2	Flat
£1,995	03/22	0.08 mi	Ilford Hill, Ilford, London, IG1	2	Flat
£2,075	04/24	0.08 mi	Ilford Hill, Ilford, London, IG1	2	Flat
£1,975	02/24	0.08 mi	Ilford Hill, Ilford, London, IG1	2	Flat
£1,950	04/24	0.08 mi	Orchestra House, Ilford Hill, Ilford, IG1	2	Flat
£2,100	05/24	0.08 mi	Ilford Hill, Ilford, London, IG1	2	Flat
£1,899	05/24	0.08 mi	Ilford Hill, Ilford, London, IG1	2	Flat
£2,050	05/24	0.08 mi	Ilford Hill, Ilford, London, IG1	2	Flat
£2,100	05/24	0.08 mi	Ilford Hill, Ilford, London, IG1	2	Flat
£2,050	12/24	0.08 mi	Ilford Hill, Ilford, London, IG1	2	Flat

Local Area Statistics

Population in IG1	63,56963,569
Population in Ilford	181,468181,468
Town centre distance	1.64 miles away1.64 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.20 miles away0.20 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-19%-19%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+23%+23%

Property History

Price changed to £250,000

July 26, 2025

Listed for £260,000

January 31, 2025

Floor Plans

Description

EPC - C +
FORTH FLOOR +
LIFT +
TWO DOUBLE BEDROOMS +
£0 GROUND RENT +
SINKING FUND FOR FUTURE WORKS +
WALKING DISTANCE TO ILFORD STATION +
GREAT FOR PROFESSIONAL +

This building has has - Letter of assurance (mortgage) call for more information.

Welcome to this charming two-bedroom flat located on Roden Street in the vibrant area of Ilford. Situated on the fourth floor of a purpose-built building completed in 2007, this property offers a modern living experience in a convenient location. Spanning approximately 700 square feet, the flat features an open-plan living space that seamlessly combines the kitchen and lounge, creating an inviting atmosphere perfect for both relaxation and entertaining.

The flat boasts two generously sized double bedrooms, providing ample space for comfortable living. Natural light floods the rooms, enhancing the overall warmth and appeal of the home. The contemporary design and thoughtful layout make it an ideal choice for young professionals, couples, or small families.

One of the standout features of this property is its proximity to Ilford Station, which is just a short walk away. This offers excellent transport links via the Elizabeth Line, making commuting to central London and beyond both quick and convenient.

In summary, this delightful flat on Roden Street presents a fantastic opportunity for those seeking a modern home in a well-connected area. With its spacious living areas, two double bedrooms, and prime location, it is sure to attract interest from a variety of buyers or renters. Don’t miss the chance to make this lovely flat your new home.

Communal Entrance - Lift to forth floor

Entrance To Flat -

Open Plan Kitchen - Living Room - 7.32m x 3.39m (24'0" x 11'1") - Double glazed window and door to Juliet balcony, Carpeted flooring. Heater. Range of wall and base units. Electric hob and oven. Space for fridge - freezer and washing machine.

Bedroom One - 4.55m x 2.63m (14'11" x 8'7") - Double glazed window. Carpeted flooring. Heater.

Bedroom Two - 4.21m x 2.68m (13'9" x 8'9" ) - Double glazed window. Carpeted flooring. Heater.

Bathroom - 2.24m x 1.92m (7'4" x 6'3") - Panel bath. Wash hand basin. Low level WC. Part tiled walls. Towel heater.

Agent Details

Sandra Davidson Estate Agents, Seven Kings

020 3834 8339

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

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