Offers over
£275,000
(£512/sq. ft)
1 bed flat for saleHeyworth Road, London E15
1 bed
1 bath
1 reception
537 sq. ft
EPC Rating: C
Reduced on
About this property
First-floor one-bedroom period conversion
No Chain
Share of freehold
Approx. 948-year underlying lease remaining
Reception currently utilised as a second sleeping room
Potential loft conversion / additional bedroom & en-suite STPP and consents
Seller advises approx. £16,000 p.a. Rental income/value
Ground-floor garden flat also available
Approx. £32,000 p.a. Combined rental income if both flats purchased
Potential to reunite both flats into one house, subject to consents
A spacious one-bedroom first-floor period conversion offering approximately 537 sq ft, a share of freehold and a particularly flexible layout. Positioned on the Stratford / Forest Gate borders, the property will appeal to first-time buyers as well as investors looking for strong rental potential and longer-term scope to add value.
The accommodation comprises a well-proportioned bedroom, separate fitted kitchen and family bathroom. A further generous reception room is currently being used as a second sleeping room, demonstrating the flexibility of the existing layout. For an owner-occupier, this could equally be returned to a comfortable main living room.
The property also offers potential to utilise the loft space, with scope to explore creating an additional bedroom and en-suite, subject to confirmation of the loft ownership and all necessary planning, building regulation and other consents.
A major advantage is the tenure. The flat benefits from a share of freehold, together with a very long underlying lease of approximately 948 years remaining, providing excellent long-term security.
Investment & Whole-Building Opportunity
The seller advises that the property produces / has a current rental value of approximately £16,000 per annum.
Importantly, the ground-floor garden flat is also available to purchase separately, creating an unusual opportunity to acquire both properties within the building. Based on the figures provided, the two flats offer a combined rental income of approximately £32,000 per annum.
For purchasers looking beyond a traditional buy-to-let, acquiring both flats may also offer the potential to reconfigure the building back into a single house, subject to the necessary permissions and legal considerations. The properties have remained within the same ownership for more than 25 years, making the simultaneous availability of both flats particularly noteworthy.
Location Highlights – Stratford / Forest Gate
Heyworth Road occupies a convenient position between Maryland and Forest Gate, giving residents access to two Elizabeth line stations. Maryland is approximately 0.44 miles away and Forest Gate around 0.56 miles away, providing fast connections towards Stratford, Liverpool Street, Canary Wharf and Central London.
The location also provides easy access to the wider amenities of Stratford, including Westfield Stratford City and the Queen Elizabeth Olympic Park, while the increasingly popular cafés, shops and neighbourhood amenities of Forest Gate are also within reach.
This is a versatile share-of-freehold period flat offering immediate rental appeal, significant flexibility and the rare option to purchase both halves of the building.
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Local area information
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
More information
Tenure
Share of freehold
Service charge
Council tax band
B
Commonhold details
.png)