
Heyworth Road, London

- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
537 sq ft
50 sq m
Key features
- 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
Description
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.
Brochures
Particulars- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Heyworth Road, London
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Visit our security centre to find out moreDisclaimer - Property reference HOS190088. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Portico, Ilford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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