Studio flat · RM1 2FA
Listing removedReduced £55k (−31.4%) on 20 JunListed 190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exceptional Studio Apartment in a Secure Gated Setting Key Features Ground floor studio+ apartment Immaculately presented throughout High-end fitted kitchen with integrated appliances Stylish three-piece shower room Thoughtfully zoned living and sleeping areas Secure gated development Communal roof terrace with far-reaching views Residents’ parking available to rent Ideally located for Romford Station and town centre Excellent first-time purchase or investment opportunity Description Set within a secure and well-maintained gated development, this impressive ground floor studio+ apartment offers a refined and contemporary living space, perfectly suited to modern lifestyles.
Presented in excellent internal condition, the property combines smart design, quality finishes, and a highly convenient location, making it an outstanding choice for first-time buyers, investors, or those seeking a stylish London base.
The apartment has been carefully arranged to maximise both space and functionality.
The open-plan layout provides a bright and welcoming living environment, with clearly defined lounge and sleeping areas enhanced by a sleek media wall, creating a sense of separation while maintaining an open, airy feel.
Natural light flows throughout the space, adding to the overall sense of comfort and style.
At the heart of the home is a beautifully appointed kitchen, finished with modern high-gloss cabinetry and complemented by a range of integrated appliances, including a fridge/freezer and dishwasher.
Designed with both practicality and aesthetics in mind, it offers a streamlined and contemporary space ideal for everyday living.
A separate utility cupboard discreetly houses the washing machine, ensuring a clean and uncluttered finish.
The accommodation is further enhanced by a luxurious three-piece shower room, finished to a high standard with modern fittings and a sophisticated, neutral design, providing a calm and polished space to unwind.
Externally, residents can enjoy access to a communal roof terrace, offering elevated views across the surrounding area and a pleasant setting for relaxation or socialising.
The option to rent a residents’ parking space adds further flexibility and convenience.
Ideally positioned, the apartment benefits from close proximity to Romford town centre, where a wide selection of shops, restaurants, bars, and leisure facilities can be found.
Excellent transport connections are available via Romford Station, with the Elizabeth Line providing fast and direct links into Central London and beyond, including Heathrow Airport.
Combining style, comfort, and connectivity, this beautifully finished apartment represents a fantastic opportunity to acquire a ready-to-move-into home in a vibrant and well-connected location.
Viewing is highly recommended to fully appreciate the size and potential of this property.
Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably.
Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria. Exclusivity Fee: You can secure the purchase by paying an exclusivity fee of £2,000.
This grants the buyer exclusive rights to proceed with the purchase for the duration of the conveyancing process, during which time the seller agrees to remove the property from the market and not negotiate with other parties.
The exclusivity fee is returned to the buyer upon successful completion of the purchase.
A processing fee of £200 is required in order to draw up an exclusive legally binding contract between the buyer and seller.
This agreement sets out the terms of exclusivity and seller commitment but does not constitute an exchange of contracts.
This arrangement provides buyers with reassurance that the property is secured exclusively for them, reducing the risk of gazumping and unnecessary aborted costs.
Disclaimer The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order.
Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc.
Photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s).
No assumption should be made with regard to parts of the property that have not been photographed.
Any areas, measurements, aspects or distances referred to are given as a guide only and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries.
Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact.
Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have. Open Plan - Studio / Kitchen / Bedroom (9.07m x 4.17m) Shower Room (2.48m x 1.4m)
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 5, Papermill House, 363, South Street, Romford
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