353 Green Lane
Seven Kings
Ilford
Essex
IG3 9TH
Ryder Gardens, South Hornchurch, Rainham
£675,000
4 Bedroom House
- EPC RATING C
- Freehold asset
- Fully income-generating
- Excellent transport connectivity
- Four bedrooms
- Two reception rooms
- Off street parking
- Potential development
- Strictly by appointment only
Income-Producing Investment with Development Potential to Convert into Two Houses/Flats (STP) – Corner Plot Opportunity
Estimated GDV: In Excess of £1 Million
An excellent opportunity to acquire a fully income-generating semi-detached property, strategically positioned on a prominent corner plot in South Hornchurch. This asset combines immediate rental returns with strong medium-to-long-term development potential, making it an ideal addition to any investor portfolio.
Income & Asset Overview
The property is currently fully let, providing consistent and reliable income from day one. Recently refurbished throughout, highly maintained property allowing investors to benefit from a turnkey income stream.
Refurbishment works include:
•Newly installed kitchen with modern appliances
•Upgraded bathroom suites
•New flooring and decorating throughout
•Recently fitted central heating system
Development & Value-Add Potential
The property offers clear scope for asset enhancement and value creation, including:
•Excellent property to convert into two self-contained houses/flats
•Opportunity for rear extension and loft conversion
•Strong precedent of similar enhancements in the surrounding area
With a projected Gross Development Value exceeding £1 million, this presents a compelling opportunity for developers, HMO investors, or those seeking to maximise yield and capital growth.
Prime Location & Connectivity
Ryder Gardens is a sought-after residential enclave known for its tranquillity and accessibility. The property enjoys a sense of privacy while remaining within easy reach of local amenities. Elm Park Underground Station (District Line), located approximately 0.9 miles away, offers swift and direct connections into Central London, making it highly attractive for commuters.
ENTRANCE
RECEPTION ONE
6.79m x 3.46m (22'3" x 11'4")Double-glazed window to front. Sliding doors to rear. Radiator.
RECEPTION TWO
6.80m x 4.50m (22'3" x 14'9")Double-glazed window to side and door. Radiator.
Two separate low flush w.c.
KITCHEN
3.16m x 2.61m (10'4" x 8'6")Range of wall and base units. Gas cooker with extractor fan above. Built-in oven. Single bowl drainer sink unit. Plumbing for Dishwasher. Space for fridge/freezer. Double glazed window to rear.
STAIRS TO FIRST FLOOR
BEDROOM ONE
5.76m x 4.46m (18'10" x 14'7")Double-glazed window to front and side. Radiator.
Separate low flush w.c.
BEDROOM TWO
2.54m x 1.97m (8'3" x 6'5")Double-glazed window to front. Radiator.
BEDROOM THREE
3.36m x 2.94m (11'0" x 9'7")Double-glazed window to rear. Storage units. Single bowl drainer sink unit. Radiator.
BEDROOM FOUR
3.81m x 3.36m (12'5" x 11'0")Double-glazed window to front. Radiator.
BATHROOM
1.98m x 1.69m (6'5" x 5'6")
EXTERIOR
Surrounding Garden area.
AGENTS NOTE
-No service or appliances have been tested by Sandra Davidson Estate Agents.
SITE BENEFITS
•Corner plot offering flexibility for redevelopment
•Off-street parking for up to six vehicles
•Additional rear parking
•Two garden areas (side and rear)
•Vehicular access via Wells Gardens
KEY HIGHLIGHTS
•Freehold asset
•Fully income-generating
•Immediate income stream
•Asset management and development angles
•High GDV potential (over £1 million)
•Strong local rental demand
•Excellent transport connectivity
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Property data and search facilities supplied by www.vebra.com