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.
Council Tax Band B
