1-bedroom flat · E7 8AY
For saleReduced £5k (−2.4%) on 21 JunListed 234 days
Opportunity summary
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About
Description The Lumiere Building, Romford Road, London 444 Rentals Ltd are pleased to have been given the pleasure to market a modern 1 bedroom first floor flat available for sale in forest gate.
This is an excellent opportunity that has arisen for any potential buyers/investors to purchase this fantastic flat.
The property itself is situated in an excellent location with access to a diverse range of amenities.
Public transport is also within the doorstep of the property and East Ham, Manor Park and Woodgrange Stations are within easy reach.
The flat is spacious, modernised and well maintained presenting the new owner with the opportunity of enjoying the flat immediately.
To the front of the property, the main reception room is decorated in a soft shade mainly, and there is also a large window which allows natural light to shine through.
The kitchen is epitome of contemporary living and has been constructed well beyond the standard typically seen on many refurbishments.
The kitchen units provides ample storage space ensuring the rest of the kitchen can be kept clean and tidy from clutter.
There is also a bathroom which mainly has tiles on the walls and there is central heating throughout the whole of the property.
The flat comprises of the following impeccable features: Bedroom (Radiator, Painted in Soft Shades, Carpet) Reception (Radiator, Painted in Soft Shades Mainly, Carpet, Natural Light Reflecting from the Window into the Reception Room) Separate Kitchen (White Units, Integrated Oven, White Tiles on the Wall, Carpet) Concierge on Entry *99 years lease* **ground rent (half yearly) - approx £75.00** **service charge (half yearly) - approx £964.39** **viewings by appointment only** Additional Info - Room Measurements: Living Room - 3.74x4.29, Bedroom - 2.61x4.60, Kitchen - 1.97x2.52, Bathroom - 2.09x2.26, Storage/Boiler Cupboard - 0.91x1.92.
Important note to purchasers: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by 444 Rentals Ltd and there is no guarantee as to their operating ability or efficiency.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval.
Fixtures and fittings other than those mentioned are to be agreed with the vendor. Council Tax Band: B (Newham Council) Tenure: Leasehold Ground Rent: £200 per year Service Charge: £2,912 per year
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 19, The Lumiere Building, London
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