2-bedroom flat · RM11 2DB
For saleListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* * * guide price: £220,000 - £230,000 * * * Located in Hornchurch, this two-bedroom flat offers a convenient lifestyle close to transport links.
Just 0.5 miles from Gidea Park Elizabeth Line Station, commuting is straightforward, making it an ideal choice for those working in the city.
The flat features a spacious lounge/diner that opens onto a private balcony, perfect for enjoying the outdoors without leaving home.
The property includes a modern kitchen and bathroom, providing comfort and functionality. Both bedrooms are doubles, offering ample space for residents or tenants.
With its long lease of 952 years and minimal peppercorn ground rent, this flat represents a sound investment opportunity in a sought-after area.
Hornchurch offers various amenities including shops, parks, and schools, contributing to a vibrant community atmosphere.
The nearby Elizabeth Line connects you efficiently to central London and beyond. Act quickly to view this affordable flat that combines convenience with potential.
Agents Note: Due to the property being on the 11th floor, there may be some restrictions on availability of mortgage funding.
Although the property is considered to be mortgageable, we would suggest any potential purchasers who are obtaining a mortgage to discuss the exact specification with their mortgage advisor.
Property Information Tenure: Leasehold Lease Length: 990 years from 12/08/1988 Lease Remaining: 952 Years Service Charge: £2,588.16 pa Ground Rent: Peppercorn Council Tax Band: B EPC: Awaiting EPC Entrance Hall Lounge/Diner (4.83m x 3.83m, 15'10" x 12'6") Kitchen (4.00m x 2.03m, 13'1" x 6'7") Balcony (3.30m x 1.03m, 10'9" x 3'4") Bedroom One (5.08m x 2.97m, 16'8" x 9'8") Bedroom Two (3.13m x 2.86m, 10'3" x 9'4") Bathroom (1.91m x 1.72m, 6'3" x 5'7")
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
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 advisers 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
FAQ
About Flat Flat 188, Haynes Park Court, Slewins Close, Hornchurch
Explore nearby