1-bedroom flat · RM6 4YB
For saleReduced £20k (−23.5%) on 4 SepListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brian Thomas is delighted to offer for sale this one bedroom second floor retirement flat with an age requirement of 60 years and over.
Situated in a very popular warden controlled retirement development. The flat includes access to a communal lounge, communal kitchen and laundry room for all residents, along with a communal garden.
This property boasts no onward chain so an internal viewing is highly recommended.
Cunningham close chadwell heath, RM6 4YB - retirement flat for over 60's entrance hallway: Security entry phone system, fitted carpet, doors leading to: Lounge: 14'8 x 10'4 (4.42m x 3.15m) Fitted carpet, UPVC double glazed bay window to front elevation, electric points, feature fire place, electric heater, archway leading to open plan: Kitchen: 10'1 x 5'10 (3.07m x 1.79m) Vinyl flooring, UPVC double glazed window to side elevation letting in plenty of natural light, single, there is a drainer sink unit with mixer tap, fitted wall and floor units, splash back tiles, electric oven and hob with extractor fan, space for under counter fridge / fridge freezer.
Bedroom 1: 11'8 x 8'8 (3.55m x 2.64m) Fitted carpet, electric points, UPVC double glazed window to front elevation, electric heater, fitted wardrobes.
Bathroom/W.C: Vinyl flooring, low level W.C, pedestal wash hand basin in, paneled bath with electric shower.
Resident parking communal garden communal lounge area communal laundry room New 99 year lease issued at point of purchase service charge (which includes ground rent) £3,384 viewings: By appointment with this office - weekdays until 6.30 pm and Saturdays until 5 pm.
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
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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 23, CUNNINGHAM CLOSE, CHADWELL HEATH, ESSEX
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