1-bedroom flat · IG11 8UB
For saleListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom retirement apartment located on the first floor Cromwell Lodge was constructed by Cromwell Developments and comprises 70 properties arranged over 3 floors served by stairs and a lift.
Situated in well maintained gardens with local shops opposite and on the main Bus Route to surrounding Towns and Railway Station.
The Visiting Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Visiting Development Manager is off duty there is a 24 hour Appello emergency call system.
Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom. It is a condition of purchase that residents be over the age of 65 for males and 60 for females.
Please speak to our Property Consultant if you require information regarding event fees that may apply to this property. Accommodation Front door leads to: Entrance Hall Night storage heater.
Door entry. Emergency pull cord. Smoke detector. Door to airing cupboard with Gledhill water heater, shelving and storage space. Living Room Ceiling light points. Emergency pull cord.
Night storage heater. Power points. Telephone point. TV aerial point.
Kitchen Tiled and fitted with a range of wall and floor units with cupboards, drawers, work tops and sink unit with single drainer. Built in electric cooker with four ring hob.
Integrated fridge and separate integrated freezer. Power points. Ceiling light. Emergency pull cord. Bedroom Built-in mirrored wardrobe with hanging rail and shelving. Ceiling light point.
Emergency pull cord. Power points. Bathroom Tiled and fitted with suite comprising bath with seat. Pedestal wash hand basin; WC with low level flush. Emergency pull cord. Ceiling light point.
Towel rail
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
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FAQ
About 45, Cromwell Lodge, Barking
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