1-bedroom flat · RM13 9NQ
Sold STCListed 140 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Being sold with no onward chain and situated in this popular residential turning, offering excellent transport links and close to local amenities and Rainham C2C station with its connections into London, is this very well appointed and presented one bedroom ground floor apartment.
Accommodation comprises of an entrance hall, lounge/diner, bedroom, fitted kitchen and a family bathroom.
Externally the property further benefits from allocated parking and access to a communal garden via patio doors from the lounge.
Although currently with a low lease, the property is presented with a fully extended lease upon completion. Call today to arrange your viewing.
Council Tax Band: B Tenure: Leasehold (61 years) Hall (1.75m x 1.29m) Access into flat via wooden door, Wooden flooring, painted walls and intercom to main communal door.
Bedroom 1 (2.73m x 3.81m) Wooden floor, painted walls with feature papered wall. Fitted wardrobes. Electric heater. Double glazed window to front.
Lounge (4.63m x 2.96m) Wooden flooring, with painted walls and papered feature wall, and electric heating. Double glazed patio doors leading to the communal garden.
Kitchen (2.00m x 3.96m) Tiled flooring, electric hob & oven, space for washing machine and fridge freezer. Bathroom (1.23m x 1.66m) Tiles flooring, with sink and toilet and walk in shower area.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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About 13 Sterry House, Rainham
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