1-bedroom flat · RM7 9DH
For saleReduced £10k (−4.2%) on 9 SepListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Deemed an ideal first purchase, this well-presented one-bedroom top floor apartment at Loam House is situated within half a mile of Romford Station and offers a superb opportunity for those seeking a stylish and conveniently located home.
Upon entering the property, you are welcomed via the entrance hallway, which provides access through to the main living accommodation.
The open-plan kitchen / lounge measures 18'7" x 9'1" and provides a bright and practical living space, comfortably accommodating both lounge and kitchen areas.
The kitchen is fitted with a range of wall and base units, worktop space and integrated appliances such as fridge / freezer, oven, hob, microwave and extractor fan.
Adjacent to the main reception space is a defined dining area measuring 10'3" x 7'5", creating an ideal setting for everyday dining or entertaining.
Accessed off the living area is the well-proportioned bedroom, measuring 9'6" x 9'3", offering comfortable sleeping accommodation.
Completing the internal layout is the bathroom, comprising a W/C, hand basin and bath with shower overhead.
Externally, the property benefits from allocated parking and access to well-maintained communal gardens. Viewing is highly recommended to fully appreciate what this charming home has to offer.
According to the vendor: Lease Length: 993 Years Remaining Ground Rent: £260 P.A. Service Charge: £2,670.74 P.A.
Heating: Electric Broadband: Connected, supplier understood to be Hyperoptic Mobile Coverage: Vendor advises there are no known signal issues Sewerage: Mains drainage understood, with no private drainage system advised In compliance with The Money Laundering Regulations 2017, we are legally obligated to verify the identity of all prospective purchasers.
This process requires the review of valid photographic identification and an official proof of address.
Should your offer on a property marketed by Chalk Street Estates be accepted, you will be required to complete identity verification through our secure third-party provider, Blinc UK.
A non-refundable fee of £15 per purchaser is payable in advance of the verification checks.
Please note that a sale cannot be formally agreed, and a memorandum of sale cannot be issued, until all parties have provided valid identification and the verification process has been successfully completed.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 31 Loam House, 77 London Road, Romford
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