5-bedroom house · RM12 4TQ
For saleReduced £109k (−12.1%) on 9 SepListed 110 days
Opportunity summary
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About
Description An excellent opportunity to acquire a freehold mixed-use investment comprising a ground floor retail unit, three self-contained residential units and an income-producing advertising board, generating a combined passing rent of £63,320 per annum.
Investment Highlights Freehold mixed-use investment Ground floor retail unit Three self-contained residential units Additional income from advertising board Total passing rent of £63,320 per annum Long-established retail tenant in occupation since 2011 Rear studio tenant in occupation since 2008 Attractive combination of commercial and residential income Asset management and future value-add potential (subject to the necessary consents where applicable) An ideal opportunity for investors seeking a diversified income-producing asset with established occupiers and immediate rental income.
Tenure: Freehold Estate Agents Note Retail Shop Long-established tenant in occupation since 2011 Currently producing £16,120 per annum Occupied under a Tenancy at Will Tenant responsible for full repairing and insuring (Fri) obligations Rear Studio Flat Currently Vacant Studio Flat Self-contained 1-bedroom garden flat Let on a 12-month AST from 22 September 2025 Producing £12,000 per annum First Floor Flat 3-Bedroom Flat Let on a 12-month AST from 12 September 2025 Producing £21,000 per annum Advertisement Board External advertising board providing additional income Let to Big Reach Media UK Ltd 5-year licence agreement from 1 July 2024 Producing £2,200 per annum Entrance Entrance to Shop, access to studio via own front door and access to to communal entrance.
Front Forecourt W: 18' 3" x l: 13' 9" (w: 5.56m x l: 4.19m) Shop Communal Entrance Doors to studio and 3 bedroom flats. Landing Loft access, radiator and doors to.
Kitchen/Lounge W: 13' 4" x l: 17' 6" (w: 4.06m x l: 5.33m) Double glazed window to front, radiator, wall units along 1 wall, work surfaces along 1 wall with storage under, space for domestic appliances, integrated electric oven, 4 ring electric hob, boiler and bowl drainer sink.
Bedroom 1 W: 12' 1" x l: 14' 5" (w: 3.68m x l: 4.39m) Double glazed window to flank, double glazed window to rear and radiator.
Bathroom W: 6' 4" x l: 8' 11" (w: 1.93m x l: 2.72m) Obscure double glazed window to flank, panel bath with taps and shower over, hand basin with taps over, low level w/c and radiator.
Bedroom 2 W: 11' 5" x l: 10' (w: 3.48m x l: 3.05m) Double glazed window to rear and radiator. Bedroom 3 Double glazed window to rear and radiator.
Studio Lounge W: 14' 6" x l: 8' 9" (w: 4.42m x l: 2.67m) Double glazed window to rear, double glazed window to flank and radiator.
Kitchen W: 8' 1" x l: 8' 4" (w: 2.46m x l: 2.54m) Double glazed window to flank, wall units along 1 wall, work surfaces along 1 wall, space for domestic appliances and bowl drainer sink with taps over.
Shower Room W: 2' 5" x l: 11' 1" (w: 0.74m x l: 3.38m) Shower cubicle, hand basin with taps over and low level w/c.
Studio W: 8' 1" x l: 8' 4" (w: 2.46m x l: 2.54m) Kitchen Double glazed window to flank, wall units along 2 walls, work surfaces along 2 walls with storage under, space for domestic appliances, bowl drainer sink with taps over and door to.
Shower Room W: 5' 8" x l: 7' 2" (w: 1.73m x l: 2.18m) Shower cubicle, hand basin with taps over and low level w/c.
Bedroom 1 W: 15' 8" x l: 15' 5" (w: 4.78m x l: 4.7m) Double glazed window to flank, double glazed window to rear and radiator.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 309 Hornchurch Road, Hornchurch
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