1-bedroom flat · RM3 7EW
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented duplex apartment offers a great opportunity for a first-time buyer or investor looking for a property with a combination of space, privacy and convenience.
The property benefits from its own private entrance, creating a house-like feel, while the duplex layout provides a good separation between the living and sleeping accommodation.
The apartment is bright and spacious throughout and offers plenty of useful storage, making it both practical and comfortable for modern living.
Residents also have access to well-maintained communal gardens, providing a pleasant outdoor space to relax and enjoy.
The property is particularly appealing to first-time buyers, offering an excellent opportunity to get onto the property ladder.
The Share of Freehold is another significant benefit, providing greater control and a strong sense of ownership.
The location is well connected, with local bus services available nearby and Harold Wood Station approximately 1.8 miles away.
Harold Wood is served by the Elizabeth line, providing fast and convenient connections towards Stratford, the City, central London and Heathrow.
For everyday shopping, the Farnham & Hilldene shopping area is a key local centre, offering a range of shops and services.
There are also supermarkets and further retail options in the surrounding Harold Hill area.
For a wider choice of shopping, restaurants and leisure facilities, Romford town centre is readily accessible, including The Liberty Shopping Centre, The Mercury Shopping Centre and The Brewery.
Property Ownership Information Tenure Leasehold Council Tax Band B Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge No service charge Service Charge Review Period No review period Lease End Date 22/04/2113 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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 8 Loxley Court, Morris Road, Romford
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