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See how verdicts work3-bedroom flat · RM14 1RQ
For saleReduced £15k (−4.8%) on 11 SepListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Offered with no onward chain is this well presented and spacious duplex apartment positioned above a parade of shops and close to all local amenities within Cranham.
The property has the added advantage of its own private courtyard garden area.
In brief, the property is accessed via a communal stairway which leads to a personal entrance door giving access to spacious accommodation incorporating lounge 17'5" x 13', kitchen 10'2" x 9'3", three good sized bedrooms and a family bathroom/WC.
We strongly recommend an internal viewing to fully appreciate the size of the accommodation on offer.
Entrance A communal stairway to the side of the shops gives access to the private courtyard garden area, with a personal entrance door giving access through to the reception hall.
Reception hall Laminate flooring. Staircase rising to the first floor landing with understairs cupboard. Radiator. Lounge 17'5" X 13' Two double glazed windows to the front. Laminate flooring.
Radiator. Kitchen 10'2" X 9'3" Double glazed window to the front. Sink unit with mixer tap and cupboards beneath. Further range of base and eye level units with worktop surfaces.
Built-in oven and hob with extractor hood above. Space for a fridge freezer and washing machine. First floor landing Access to the loft space.
Bedroom one 11'2" X 11'1" Double glazed window to the front. Radiator. Bedroom two 13'2" X 7'1" Double glazed window to the front. Radiator. Bedroom three 8'1" X 7'5" Double glazed window to the rear.
Radiator. Built-in cupboard. Family bathroom/WC Obscure double glazed window to rear.
Suite comprising panelled bath with mixer tap and shower attachment, wash hand basin with vanity unit beneath, and low flush WC. Laminate flooring.
Exterior As previously mentioned, the property is set within this convenient location within easy access to all local amenities and has the superb benefit of its own private courtyard garden.
Agents note We understand from the current vendor that the lease has approximately 146 years remaining.
There is no service charge and the ground rent is approximately £200.00 per annum and insurance of £828.60 per annum.
All details of which must be verified by any interested party's legal representative. Ref No. 5764-26. EPC C. Council Tax Band C.
Council Tax Band: C (Havering London Borough Council) Tenure: Leasehold (146 years) Ground Rent: £200 per year
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
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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
Agent & docs
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FAQ
About 147a Avon Road, Upminster
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