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See how verdicts work2-bedroom flat · RM1 2JB
For saleListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free! We are delighted to offer this 2 double bedroom 2nd floor flat in a great location within walking distance of Romford town centre and train station.
With the added advantage of allocated parking, modern decor, fixtures and fittings this flat really is turn key ready.
Located on Victoria Road Romford, The Metro development is just a moments walk from Romford train station and access to the Elizabeth Line straight through to West London and Heathrow.
Entering the apartment you are greeted by a large entrance hall with built in storage and access to all rooms.
Laminate flooring runs throughout all rooms, excl bathroom, and provides a natural flow without door bars, combined with a neutral light decor and modern light fittings.
The large open plan kitchen / living space benefits from a breakfast bar and ample space for white goods.
Electric hob, oven and extractor combined with a marble effect worktop and modern grey wall and base units complete a modern and functionable kitchen.
Entrance hall; 2.8m x 2.1m Kitchen / Living room; 7.6m x 3.1m Bedroom 1; 4m x 3.2m Bedroom 1; 3.7m x 2.3m Bathroom; 2.1m x 1.9m Council tax band - C EPC - C Lease - 125 Years from 1st January 2004 (103 yrs remaining) Service charge - approx £2750 per annum Ground rent - £250 per annum Call now to book a view.
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
FAQ
About Victoria Road, Romford
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