12–12A Mansfield Road, Ilford, IG1 3AZ

Asking Price: £860,000 | Freehold Block Of Flats | £72,000 NET rental income per year

A High-Yield Multi-Unit Investment in Ilford

An exceptional opportunity to acquire a five-unit multi-residential property in the heart of Ilford. Comprising 2 x 2-bedroom flats, 2 x 1-bedroom flats, and 1 studio apartment, this property delivers immediate rental income and long-term investment potential.

One of the flats benefits from its own private front door, offering flexibility for future tenants or owner-occupation options. The property is freehold, giving the landlord full control over the building and income streams.

Property Overview

• Number of Units: 5 self-contained flats
  • 2 x 2-bedroom flats
  • 2 x 1-bedroom flats
  • 1 studio apartment (with its own front door)
• Number of Bathrooms: 5 (one per flat)
• Current Total Rental Income: £72,000 net per annum
• Ownership: Freehold

This property is perfectly suited for investors seeking high-yield, low-maintenance assets in a growing rental market.

Investment Highlights

Strong Rental Income

• Current income: £72,000 net per annum
• Immediate yield potential based on asking price:

Gross Yield: 8.4% net yield

This represents a highly competitive return in a prime London commuter location.

Freehold Ownership

• Full control over the property and income streams
• No leasehold restrictions, ground rent, or service charges

Flexible Unit Mix

• Ability to rent individually or as part of a portfolio
• One flat with private access allows potential for owner-occupation or premium rental

Location – Ilford, IG1

Situated in Ilford, one of East London’s most desirable residential hubs, the property benefits from excellent transport links, amenities, and growth potential:

• Transport: Just a short walk to Ilford Station (Crossrail/Elizabeth Line) providing fast connections to central London, Canary Wharf, and Stratford
• Retail & Amenities: Close to Ilford High Road, local shops, supermarkets, restaurants, and leisure facilities
• Education & Community: Well-served by schools and community facilities, attracting long-term tenants
• Regeneration & Growth: Ilford is undergoing significant investment and regeneration, enhancing property values and rental demand

The area is a magnet for young professionals, families, and investors, ensuring strong, sustained rental demand.

Summary

12–12A Mansfield Road represents a rare investment opportunity in a prime East London location. With:

• 5 self-contained flats generating £72,000 per annum
• 8.4% net rental yield
• Freehold ownership
• A location benefiting from transport links, regeneration, and strong rental demand

This property is ideal for investors seeking reliable income, long-term capital growth, and portfolio diversification.

Get in touch with the team