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See how verdicts work1-bedroom flat · RM1 3QZ
For saleReduced £31k (−23.8%) on 27 OctListed 319 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This centrally located 2nd Floor retirement apartment with an on site warden can be accessed by lift or stairs and is situated at the rear of the block and therefore overlooks the beautiful landscaped communal gardens.
Internally the hall leads to a modern shower room, well-proportioned double bedroom, a living room with a Juliette balcony with double doors and a fitted kitchen.
Benefits include electric heating and double-glazing whist there is also a resident’s lounge and car park.
The property occupies an excellent central location ideal for accessing Romford town centre with an array of shops, restaurants and station as well as Idyllic Raphael Park all within reach. E.P.C.
rating C Council Tax Band B Entrance Hall Living Room 14' 2" x 10' 8" With Juliette Balcony Bedroom 1 14' 2" x 11' 7" Maximum measurement into bay.
Shower Room/W.C Communal Garden Electric Heating Residents Car Park Lift To All Floors Double Glazing Kitchen 7' 7" x 7' 2"
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 Watermans, Junction Road, Romford, RM1
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