Guide price
£164,999
2 bed semi-detached house for saleFavenfield Road, Thirsk YO7
2 beds
1 bath
EPC Rating: C
Chain free
Freehold
About this property
Fantastic Blank Canvas
Two well-proportioned bedrooms
Large Driveway
Private Rear Garden
Light-filled conservatory
Easy Access to A19
No Onward Chain
Excellent transport links
An excellent investment opportunity positioned within a popular residential location in East London with strong buyer and tenant demand driven by excellent transport links and proximity to key employment hubs.
The property requires refurbishment and modernisation throughout, presenting buyers with the opportunity to add significant value. Estimated refurbishment costs are approximately £15,000–£25,000, with comparable refurbished properties within The Birches and wider E12 area achieving approximately £220,000+.
Rental comparables nearby are achieving approximately £1,100–£1,400 pcm, supporting a projected yield of approximately 4.5%–6%, depending on final purchase price and post-renovation specification.
The location benefits from excellent connectivity via Manor Park station, providing direct rail links into Stratford, Liverpool Street and central London, alongside nearby schools, parks and local amenities.
Please note that any systems, appliances, or services depicted in the marketing photography have not been tested by us and will be subject to the fixtures and fittings agreement between buyer and seller.
Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
The property requires refurbishment and modernisation throughout, presenting buyers with the opportunity to add significant value. Estimated refurbishment costs are approximately £15,000–£25,000, with comparable refurbished properties within The Birches and wider E12 area achieving approximately £220,000+.
Rental comparables nearby are achieving approximately £1,100–£1,400 pcm, supporting a projected yield of approximately 4.5%–6%, depending on final purchase price and post-renovation specification.
The location benefits from excellent connectivity via Manor Park station, providing direct rail links into Stratford, Liverpool Street and central London, alongside nearby schools, parks and local amenities.
Please note that any systems, appliances, or services depicted in the marketing photography have not been tested by us and will be subject to the fixtures and fittings agreement between buyer and seller.
Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
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Monthly repayment
£825 per month
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