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See how verdicts work2-bedroom flat · RM7 7JB
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With an attractive selling price and no onward chain.
Brian Thomas Estate Agents are delighted to offer for sale this 672sq ft, two-bedroom first floor apartment conveniently located on a popular side turning close to local shops, schools and transport links including Romford station.
The property does require full refurbishment, however it boasts many fine features including a good size lounge, double glazing, gas central heating (untested) two good size bedrooms, off street parking and off street parking via electric gates.
SECURITY ENTRANCE DOOR: Leading to communal hallway and stairs to first floor ENTRANCE HALL: Laminate flooring, entry phone, storage cupboards LOUNGE: 4.85m x 3.43m (15'11 x 11'3 Lovely spacious through lounge with UPVC double glazed window to rear elevation, laminate flooring runs the length of the room, there is a radiator and electric points.
KITCHEN: 3.02m x 1.98m (9'11 x 6'6) Tiled flooring runs the length of the kitchen and has been fitted with a range of fitted wall and floor cupboards along two walls, there is a single drainer sink unit with mixer taps, plumbing for washing machine, integrated oven and extractor, multiple electric points and double glazed window.
BATHROOM: 2.69m x 1.83m (8'10 x 6'0 ) Tiled floor and walls, panel bath, low level W.C and wash hand basin, radiator.
BEDROOM 1: 4.04m x 3.25m (13'3 x 10'8) With double glazed window to front elevation, fitted carpet runs the length of the room, there is a single radiator, multiple electric points BEDROOM 2: 3.78m x 2.77m (12'5 x 9'1) A good size second bedroom with double glazed window to front elevation, fitted carpet runs the length of the room, there is a single radiator, electric points.
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 Kelly Jay Court, Mawney Road, Romford, Havering
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