2-bedroom flat · RM9 4HQ
Sold STCListed 60 daysAuction 10 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by online auction on Thursday 10th September 2026 at 11am. This auction is being held in partnership with BidX1.
The Auction Information' link below will take you to the BidX1 platform, where you can view the legal pack for this property and register for the auction.
Bidding on the day of the auction will also take place at this link. **DEDMAN GRAY-BIDX1 ONLINE AUCTION EVENT 10TH SEPTEMBER 2026**.
MODERN TWO-BEDROOM TOP-FLOOR APARTMENT CLOSE TO BECONTREE UNDERGROUND STATION A modern top-floor two-bedroom apartment situated in a convenient residential location close to Becontree Underground Station, which provides services on the District and Hammersmith & City lines.
The property offers well-proportioned accommodation comprising entrance hall, spacious living room, fitted kitchen, two bedrooms and bathroom/WC.
The good-sized living room provides a comfortable central reception space, while both bedrooms offer practical accommodation.
The property is considered an ideal buy-to-let investment, benefiting from its convenient location and excellent transport connections into East London and central London.
Communal Entrance Door Entrance Hall Living Room - 20'9 x 10'6 Kitchen - 7'11 x 6'5 Bedroom One - 11'1 x 10'8 Bedroom Two - 10'3 x 7'3 Bathroom/WC A 999 year lease commenced on 24th June 2000 with 973 years remaining C
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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
FAQ
About 15 Wagstaff Gardens, Dagenham, Essex, RM9 4HQ
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