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    1. Home
    2. Romford properties
    3. 2 bed flat for sale in Orchid Close, RM4
    Full property analysis
    OverviewAboutValue & compsReturnsDealAreaAgent & docsFAQ

    1 / 5

    Orchid Close, RM4 1DF

    2-bedroom flat · RM4 1DF

    626 sq ft1 bath50% Shared Ownership · Allocated Parking Space · Communal Garden
    Asking
    £120,000

    Sold STC · Listed 258 days

    Chain FreeMotivated SellerShared Own
    Investor metrics
    Sign in to see yield, deal score, rent estimate, and BMV.

    Opportunity summary

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

    Start freeLog in

    About

    The property

    We are delighted to offer a ground-floor flat with great potential in Orchid Close, RM4.

    Spanning an area of 626 sq ft, this charming property provides an excellent opportunity for those eager to add their personal touch.

    Featuring two bedrooms, a separate kitchen, and a reception room, this flat serves as an ideal foundation for customization.

    The layout, along with additional storage space, makes it a manageable and appealing option in a peaceful neighbourhood.

    Nestled in a quiet setting, this property is well-situated for easy access to shops, schools, and transport links, providing a harmonious lifestyle within a welcoming community.

    Just two miles from Theydon Bois Central Line station, this flat offers convenient access to London, making it an excellent choice for commuters.

    The proximity to the M11 also ensures good road connections to surrounding areas. This property is a rare find for those looking to create a comfortable home in a tranquil environment.

    Please note this property is sold as seen.

    Chain Free
    Motivated Seller
    Shared Own

    Key information

    Price per Square Foot
    £192/sq ft
    Based on 626 sq ft (58 sq m)
    Floor Area
    626 sq ft (58 sq m)
    Council Tax Band
    Band C
    Estimated ~£1600/year
    Heating
    Ask agent
    Local Authority
    Epping Forest District
    District
    County
    Essex County
    Property features
    • 50% Shared Ownership
    • Allocated Parking Space
    • Communal Garden
    • No Onward Chain
    Sign up free to see flood risk and more→

    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

    Rent evidence
    Rental benchmark

    Nearby rental comparables

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    Local SA Market

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

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    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 advisors before making any investment decisions.

    Past performance does not guarantee future results. Tax implications vary by individual circumstances.

    Mortgage

    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    25/100
    Deal score · weighted
    Weak signals — move on

    Factor breakdown
    BMV discountNot calculated on shared-ownership lots — the asking price buys a share, not the whole property.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market258 days · price-fatigue
    25/25
    —
    Seller motivation
    Not scored yet

    Days on market258
    Price reduction—
    STC fall-through—
    Back to market—
    Agency change—
    EPC rating—
    Listing timeline
    Still activeDay 258 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4Not verified - check with the council

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

    SchoolsLoading
    StationsLoading
    Sign up free to see crime, broadband, flood risk and more→
    Location
    30 nearby
    Schools
    More market detail▾
    RM4 · Live market data · flat only
    RM4 aggregates aren't available right now. The full comparables table below still loads — try refreshing in a few minutes.

    Agent & docs

    Move it forward

    Listing agent
    28, Ilford & Romford logo
    28, Ilford & Romford
    listed on rightmove
    02045381218
    176 Longwood Gardens Clayhall IG5 0EQ
    View on rightmove

    View more properties from this agent
    Planning & investor docs
    Nearby planning applications, EPC, floor plans, Land Registry and HMO checks unlock with a free trial.

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    FAQ

    Questions

    About Orchid Close, RM4

    How much is Orchid Close, RM4?
    The asking price is £120,000.
    What kind of property is Orchid Close, RM4?
    A 2-bedroom flat in RM4 1DF.

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