A Portfolio of properties at, 625 to 633 High Road, Seven Kings, Ilford, Essex, IG3 8RA -  Strettons
A Portfolio of properties at, 625 to 633 High Road, Seven Kings, Ilford, Essex, IG3 8RA -  Strettons
A Portfolio of properties at, 625 to 633 High Road, Seven Kings, Ilford, Essex, IG3 8RA -  Strettons
A Portfolio of properties at, 625 to 633 High Road, Seven Kings, Ilford, Essex, IG3 8RA -  Strettons
A Portfolio of properties at, 625 to 633 High Road, Seven Kings, Ilford, Essex, IG3 8RA -  Strettons
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Lot 14 - A MIXED-USE INVESTMENT OPPORTUNITY CURRENTLY PRODUCING £391,332 PER ANNUM

A Portfolio of properties at, 625 to 633 High Road, Seven Kings, Ilford, Essex, IG3 8RA

Guide Price £5,000,000 PLUS *
Thu Jul 10 2025
11:00am
To be auctioned in :
  • 16
    Days
  • 6
    Hours
  • 29
    Mins
  • 56
    Secs

Property Description

This is a rare opportunity to acquire a substantial freehold block with diversified income across residential, retail, commercial, and warehouse uses in a prime East London location. The property benefits from long-term leases, rental uplift potential, and possible redevelopment opportunities. An outstanding freehold investment opportunity in the heart of Seven Kings, comprising a mix of 14 residential flats, 3 retail shops, 3 warehouse units and 2 basement units. To the rear of the prope

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Tenancy Schedule

UnitTypeRent (£pcm)FeaturesAgreement ExpiryTenant Since
627D1 Bed1300BalconyOct 20252016
627E1 Bed1300Jul 20252013
627G2 Bed1650Balcony, 2nd BathAug 20252024
627H1 Bed1400Oct 20252020
629A1 Bed1200Second ToiletFeb 20262017
629D1 Bed1350Second ToiletOct 20252022
631A1 Bed1400Oct 20252016
631B2 Bed1250Jul 20252017
633A1 Bed1050PatioOct 20252021
633B2 Bed1275Sep 20252021
633C1 Bed1300BalconySep 20252021
633D1 Bed1350Extra Large BalconyOct 20252024
633EStudio1150Apr 20262024
633FStudio1200BalconyAug 20252023

The commercial element includes three retail units. 629 is occupied by a peri peri takeaway and produces £1,950 per month on a lease expiring 1 April 2027; this lease is contracted outside the security of tenure provisions of the Landlord and Tenant Act 1954. 631 is let to a burger takeaway at a rent of £1,825 per month, with a lease subject to review on 29 September 2027. Unit 633 is let to Sue Ryder, a national charity with over 300 branches, paying £1,958 per month under a lease expiring 28 April 2027. The income from the shops is £5,733 per month.

The three warehouse units are situated to the rear and within the main buildings, offering a total of 8,650 sq ft of space. 627 is let to a carpet warehouse at £3,000 per month, covering 4,050 sq ft. 627B is occupied by an after-school club and generates £1,770 per month for 2,250 sq ft. The third warehouse, located at the rear of 633, is also let to a carpet retailer at £1,333 per month, occupying 2,350 sq ft. Lease reviews and expiries range between 2027 and beyond, offering security of income and future rent growth potential. The total warehouse income is £6,103 per month.

In the basement areas, 625C is let as office accommodation at £1,200 per month, with the lease running to 24 June 2027. 629B is a commercial kitchen let at £1,400 per month, with a lease term ending on 12 November 2029. The income from the basement units is £2,600 per month.

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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A Portfolio of properties at, 625 to 633 High Road, Seven Kings, Ilford, Essex, IG3 8RA

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