2-bedroom flat · RM3 0LQ
Listing removedListed 61 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern Two Bedroom Two Bathroom Flat. Located in the popular Kings Park Development. Property has two double bedrooms, two bathrooms a large open plan lounge/kitchen and 15ft balcony to front.
The property has been finished to a high standard in our opinion and is within walking distance to Harold Wood Station. Comes with allocated parking for one car and has access to communal grounds.
Open Plan Lounge (14' 10" x 13' 10") Laid with Amtico Flooring. Painted Walls. Double Glazed Windows and Doors Opening to Balcony. Gas Central Heating.
Open Plan Kitchen (9' 10" x 9' 4") Tiled Flooring. Painted Walls. Integrated White Good Appliances. Eye and Base Level Units. Bedroom 1 (14' 8" x 9' 8") Laid with Carpet. Painted Walls.
Double Glazed Windows. Gas Central Heating. Built in Wardrobe. Access to En-Suite. En-Suite (7' 0" x 5' 2") Amtico Flooring. Painted and Tiled Walls. Walk In Shower Cubicle.
Wall Mounted Heated Towel Rail. Low Level WC. Bedroom 2 3.25m x 8 - Laid with Carpet. Painted Walls. Double Glazed Windows. Gas Central Heating. Family Bathroom (6' 10" x 6' 10") Tiled Flooring.
Painted and Tiled Walls. Three Piece Bathroom Suite. Wall Mounted Mirror and Heated Towel Rail.
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
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 12, Wayfarring Court, Romford
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