1-bedroom flat · ME8 9JL
Listing removedReduced £100 (−9.1%) on 17 JulListed 112 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A newly refurbished and spacious ground floor flat set in a modern block located within easy reach of bus routes, the M2 motorway and Hempstead Valley shopping centre.
The property has a lounge diner with a bay window. The newly fitted separate kitchen includes an electric cooker, ceramic hobs as well as ample space for other appliances.
The modern family bathroom will include a glass shower screen and shower over the bath. The bedroom is a good size double with large fitted wardrobes.
The property also includes one residents only allocated parking space. This property comes highly recommended. Viewings are by appointment with Greyfox only.
Unfurnished Available Now EPC Rating C70 A holding deposit of £80 is required to secure this property The required tenants security deposit amount is £1269.23 Lounge 3.40m ( 11'2'') x 3.80m ( 12'6'') Kitchen 2.80m ( 9'3'') x 3.90m ( 12'10'') Bedroom 2.80m ( 9'3'') x 3.00m ( 9'11'') Bathroom 3.01m ( 9'11'') x 80.00m ( 262'6'')
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Ferrier close , Parkwood , Rainham
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