We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · RM1 3HJ
Sold STCListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ALLOCATED PARKING NO ONWARD CHAIN 24-HOUR CONCIERGE 0.5 miles from Romford Station Elizabeth line EPC Rating B STRONG RENTAL INCOME BALCONY This stylish two-bedroom apartment at Axiom Apartments, Mercury Gardens, Romford offers modern living in a well-connected Essex location.
Located just 0.5 miles from Romford Station, with Elizabeth line & London is just a 20 minute train ride away.
The property presents a bright and welcoming interior with a neutral colour palette and quality finishes throughout, creating an inviting space ready for immediate occupation.
Measuring 83 square meters, the accommodation comprises two bedrooms, two bathrooms including an en-suite, and one spacious reception room.
The layout provides excellent flow between living, dining and kitchen areas, with generous proportions that maximise both comfort and practicality for everyday living.
Lounge Area - 15'3 x 12'2 (4.65 m × 3.71 m) Master Bedroom - 11’11 x 10’4 (3.64 x 3.15m) Bedroom Two - 9’7 x 9’1 (2.92m x 2.77m) Key attributes include one allocated parking space, a private MM with patio area, double glazing, smart heating and an impressive EPC rating of B.
The apartment is offered chain free, making it an attractive proposition for a range of buyers seeking a hassle-free purchase.
Residents benefit from a range of on-site amenities including a fully equipped gym, gated entrance, concierge service and access to outdoor patio areas.
These facilities enhance the lifestyle on offer within this secure and well-managed development.
With a contemporary open-plan living space featuring a sleek white kitchen with integrated appliances, wooden flooring and comfortable seating areas.
Large windows flood the rooms with natural light, while the balcony offers outdoor seating with views over the surrounding buildings and greenery.
The bedrooms are neutrally decorated with fitted storage, and the bathrooms showcase modern sanitaryware including a shower enclosure and separate bath.
Romford provides excellent local amenities with a vibrant town centre, retail options and strong transport connections.
The area is popular with commuters and families alike, offering convenient access to schools and everyday services.
The property is leasehold with an EPC rating of B, electric & gas bill £100 per month in the current rates. Making it energy efficient and suitable for first-time buyers, professionals or investors.
With its combination of modern interiors, allocated parking and development amenities, this apartment represents an excellent opportunity in Romford.
Lease: 134 years remaining Service Charge £200/220 PCM Approx, which includes your water & sewage.
Ground Rent £240.00 per year The apartment is currently rented out at £2015 and car park space £100 PCM. Totals to £2115 PCM is a great yield for investment.
Viewings are highly recommended to fully appreciate the quality and layout of this well-presented home, offered with no onward chain.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 130 Axiom Apartments, Mercury Gardens, Romford, RM1 3HJ
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