How much is 72, Overton Drive, Romford?

The asking rent is £998 a month.

No floorplan from the agent

72, Overton Drive, Romford, RM6 4DX

Studio flat · RM6 4DX

1,077 sq ftEPC D1 bath

Asking rent

£998/mo

Let agreedListed 30 days

Investor metrics

HMO Article 4 Direction AreaLondon Borough of Redbridge city-wide Article 4 (HMO), The London Borough of Redbridge Houses in Multiple Occupation Article 4 Direction 2018 · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

Sunshine Estates is proud to present this lovely studio flat in Chadwell Heath, Romford, RM6.

The property offers a comfortable private studio living space with access to a shared kitchen, conveniently located close to local amenities and excellent transport connections. Bills are included.

For transport, Chadwell Heath Station is exceptionally close, approximately 2–3 minutes’ walk from the property, offering Elizabeth line services.

Goodmayes Station is another nearby option, approximately 20–22 minutes’ walk away.

For green spaces, St Chad's Park is approximately 15–20 minutes’ walk from the property, providing a great local space to relax and enjoy the outdoors.

For healthcare, King George Hospital is approximately 10 minutes by car, while Queen's Hospital in Romford is approximately 15 minutes by car, depending on traffic.

Key information

Availability

Available now

Check availability with the agent

Floor area

1,077 sq ft (100 sq m)

EPC rating

current

Property age

Built 1930–1949

Local authority

Redbridge

London Borough

County

Greater London Authority

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

Short-let restrictions apply

Greater London: an entire home can be let short-term for at most 9090 short-let nights plus a mid-term let for the rest of the year.
England: a national short-term let register is being introduced; register the property before letting.

We're still gathering serviced-accommodation data for this area.

Model

Run the numbers.

Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

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

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.