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See how verdicts work2-bedroom flat · RM7 0FN
Sold STCListed 348 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Are you are looking for a property that offers something a little different? Book a viewing now to see this Penthouse Apartment.
Offering open plan living and kitchen area which gives access to both side and rear balconies.
The master bedroom has an en-suite and balcony access, bedroom two also has access to the side balcony and not to forget the family bathroom.
Both balconies offer panoramic, sky line views making it a real feature of your home and with your own allocated parking space makes this a fantastic find.
The property is also located within walking distance to Romford town centre with its array of shops and restaurants, as well as the main line station with the future Elizabeth line, making this ideal for commuters.
Communal Entrance Door giving access through to stairs & lifts rising to all floors, door leading to hallway.
Hallway Video entry phone system, two storage cupboard, radiator, wood effect flooring.
Lounge/Kitchen 17'4 x 14'11 Kitchen Area Range of units comprising of work surfaces with drawers & cupboards beneath, matching units over, inset sink with drainage unit, four ring electric hob & oven with extractor hood above, integrated fridge/freezer, washing machine & dishwasher, two radiators Lounge Double glazed full height window & door leading to balcony, double glazed full height window & door to the side, laminate wood flooring.
Bedroom One 12'9 x 9'9 Double glazed full height window & door to balcony, radiator, laminate wood flooring.
Ensuite Shower Room White suite comprising of low level wc, pedestal wash hand basin, tiled shower cubicle, tiled floor, part tiled walls, radiator, extractor fan.
Bedroom Two 14'10 x 8'7 Double glazed full height window & door to balcony, laminate wood flooring, radiator.
Family Bathroom White suite comprising of low level wc, pedestal wash hand basin, panel bath with shower, heated towel rail, tiled floor, part tiled walls.
External Balcony through Lounge/Diner 30ft x 8'6 Wrap around balcony, Balcony through Bedroom 5'2 x 27'4 Both balconies have patio area, retained by railings, views of Jubilee Park.
Agents Note Agents Note Council Tax Band C Ground Rent - £250 annually Service Charge - £2069.16 annually Lease - 114 years remaining The above information is an approximate figure, please verify with your legal representative.
We recommend all buyers to check out the mobile phone coverage and refer you to the Ofcom checker website.
Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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
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FAQ
About Lux Building, Romford, RM7 0FN
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