1-bedroom flat · RM11 3XP
For saleReduced £30k (−13%) on 24 SepListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• situated within 0.2 miles of upminster bridge district line station • conveniently located for hornchurch's vibrant town centre • one bedroom second floor flat • 10' kitchen • 13' bedroom • 13' lounge • allocated parking space Lease Remaining: 140 years approx.
Service Charges (including Buildings Insurance): £1,658 per annum. Council Tax Band: B Communal Entrance Door To Communal Hall Stairs to all floors.
Own Entrance Door To Entrance Hall Storage cupboard, radiator, smooth ceiling, doors to accommodation. Bedroom 13'5 x 9'3. Double glazed window to rear, radiator, smooth ceiling. Kitchen 10'8 x 7'9.
Double glazed window to front, range of eye and base level units with work surfaces over, inset stainless steel sink drainer unit, space for domestic appliances, wall mounted boiler, radiator, complementary tiled splash backs, smooth ceiling.
Lounge/Diner 13'9 x 10'1. Double glazed window to front, radiator, wood effect flooring, smooth ceiling. Bathroom/wc 7'1 x 5'1. Obscure double glazed window to rear.
Suite comprising: Panelled bath with glazed shower screen, mixer tap and shower attachment, pedestal wash hand basin with mixer tap, low level wc with push flush.
Radiator, complementary tilling, smooth ceiling. Exterior Communal car park providing one allocated parking space. Communal grounds.
Buyers Information Pack Please see below the link to access the Buyers Information Pack/ta forms: A6b16d91f42d The agent suggests that any interested parties should make contact with the estate agent prior to booking a viewing as the seller has been unable to provide any material information.
Value & comps
No previous sales on record.
Returns
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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 Flat 22,, Neale Court, Hornchurch
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