Renovation investment near Chadwell Heath station with immediate vacant possession.
Vacant two-bedroom split-level maisonette, 743 sq ft
Walking distance to Chadwell Heath station and local shops
Sold at public auction — sale on 3rd December 2025
Leasehold with 87 years remaining; check legal pack for charges
Requires full modernisation; dated interiors and finishes throughout
Electric storage heating; solid brick walls likely uninsulated
Exterior and roof show wear; garden needs maintenance
Area shows high deprivation and above-average crime rates
A vacant two-bedroom split-level maisonette above shops, offered with vacant possession and clear buy-to-let potential. Its 743 sq ft layout includes a long lounge, separate kitchen and two double bedrooms — a straightforward rental layout for local demand. The property sits within walking distance of Chadwell Heath station and local amenities, making it attractive to tenants who commute or rely on public transport.
This is a clear renovation-led opportunity. The flat requires modernisation throughout: electric storage heating, likely uninsulated solid brick walls, worn roof and exterior elements, and dated internal finishes. The lease has 87 years remaining; prospective buyers should check service charge and ground rent details in the legal pack before bidding.
Sold at public auction, this lot suits investors prepared to carry short-term refurbishment costs to secure longer-term rental income or to re-sell after improvement. Note local challenges: area deprivation and above-average crime statistics may affect tenant mix, yields and long-term capital growth. Buyers seeking minimal upkeep or high-end finishes should allow for significant investment.
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