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30 Churchill Place, Unit 04-110, Canary Wharf, London, England, E14 5RE
£725,000 OIRO
Bedrooms
Bathrooms
Reception
Clarke and Lloyds are pleased to offer this excellent HMO investment opportunity in Ilford (IG1)! This spacious 7-bedroom, 7-bathroom terraced house is ideal for private investors, care home companies, and supported living providers.
The property features 5 en-suite rooms, a large communal kitchen with 2 hobs, a conservatory/dining area, and a private backyard. Additional highlights include front off-road parking for 2 cars, a rare rear garden, and a rear outbuildingperfect for use as an office or gym. The house also benefits from a cellar linked to the hallway, providing extra storage or potential use.
Layout:
Ground Floor: 1 en-suite room, 1 room with a detached bathroom, a spacious kitchen, a conservatory/dining area, and access to the rear garden and outbuilding.
First Floor: 2 en-suite rooms, 1 room with a detached bathroom.
Second Floor: 2 en-suite rooms.
Prime Location & Transport Links:
Situated in a high-demand rental area, this property is close to Valentines Park & Mansion, The Exchange Ilford shopping centre, and Ilford Lanes vibrant shops and restaurants. Commuters benefit from Ilford Station (Elizabeth Line) for quick access to Liverpool Street and Central London, as well as Gants Hill Underground (Central Line) and multiple bus routes.
A rare, high-yield investment opportunity in a prime locationdont miss out!
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £3,135.38
Total Interest: £403,738.52
Overall Total: £1,128,738.52
Amortization For Monthly Payment: £3,135.38 over 30 years ( Based on 3.20% Interest )
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 2025 | £22,986.55 | £14,638.07 | £710,361.93 |
| 2026 | £22,511.20 | £15,113.42 | £695,248.51 |
| 2027 | £22,020.41 | £15,604.21 | £679,644.30 |
| 2028 | £21,513.69 | £16,110.93 | £663,533.37 |
| 2029 | £20,990.51 | £16,634.11 | £646,899.27 |
| 2030 | £20,450.34 | £17,174.28 | £629,724.99 |
| 2031 | £19,892.63 | £17,731.99 | £611,993.00 |
| 2032 | £19,316.81 | £18,307.81 | £593,685.20 |
| 2033 | £18,722.29 | £18,902.33 | £574,782.87 |
| 2034 | £18,108.47 | £19,516.15 | £555,266.72 |
| 2035 | £17,474.71 | £20,149.91 | £535,116.81 |
| 2036 | £16,820.37 | £20,804.25 | £514,312.56 |
| 2037 | £16,144.78 | £21,479.84 | £492,832.73 |
| 2038 | £15,447.26 | £22,177.36 | £470,655.37 |
| 2039 | £14,727.08 | £22,897.54 | £447,757.83 |
| 2040 | £13,983.52 | £23,641.10 | £424,116.73 |
| 2041 | £13,215.80 | £24,408.81 | £399,707.91 |
| 2042 | £12,423.16 | £25,201.45 | £374,506.46 |
| 2043 | £11,604.78 | £26,019.83 | £348,486.63 |
| 2044 | £10,759.83 | £26,864.79 | £321,621.84 |
| 2045 | £9,887.43 | £27,737.18 | £293,884.66 |
| 2046 | £8,986.71 | £28,637.91 | £265,246.75 |
| 2047 | £8,056.74 | £29,567.88 | £235,678.87 |
| 2048 | £7,096.56 | £30,528.05 | £205,150.81 |
| 2049 | £6,105.21 | £31,519.41 | £173,631.40 |
| 2050 | £5,081.66 | £32,542.95 | £141,088.45 |
| 2051 | £4,024.88 | £33,599.74 | £107,488.71 |
| 2052 | £2,933.78 | £34,690.84 | £72,797.87 |
| 2053 | £1,807.24 | £35,817.38 | £36,980.49 |
| 2054 | £644.12 | £36,980.49 | £0.00 |
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
30 Churchill Place, Unit 04-110, Canary Wharf, London, England, E14 5RE
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Fri May 16 2025
All confirmed! We look forward to speaking with you.
Fri May 16 2025
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