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See how verdicts work1-bedroom flat · RM13 7PP
For saleListed 248 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Council tax band: B **Potential Purchasers must be over 60+ years of age and able to live independently** One bedroom ground floor retirement living apartment benefitting from allocated parking and communal garden within proximity to Mungo Park Local shops and amenities with local bus routes to Elm Park, Hornchurch, and Romford **Potential Purchasers Must Be Over 60 Years of Age and Able To Live Independently** The entrance hallway of the property is a good length and has painted walls and carpeted floor along with recessed shelving.
The lounge has double glazed window to front letting in lots of natural light, papered walls and carpeted floor with power points and a economy seven storage heater.
A theme throughout this property, the bedroom features a double-glazed window to front as well as another economy seven storage heater helping to keep you warm on those cold winter nights The kitchen has a range of base and eye level units with black marble effect worktop over, splashbacks and remainder of the walls painted.
The kitchen also comprises of vinyl flooring as well as plumbing for washing machine, electric fan heater, stainless steel sink and power points.
As with all the doorways in this property the entrance for the bathroom is extra wide meaning easy accessibility for all.
The bathroom also has a low-level WC with corner shower, tiled floor and walls with shaving point and pull cord for warden.
The exterior of the property has a large communal garden mainly laid to lawn with shrub borders and various seating areas with a separate car park for residents and guests.
Just like the rear garden the front garden is laid to lawn with established shrub borders and paved path to a secure communal entrance.
All in all, this property is perfect for easy and relaxed later life living with all the amenities needed to live those autumn years in happiness, early viewings are advised by the agent.
Hallway kitchen 9' x 7'7 living room 15'8 x 8'4 bedroom one 10' x 7'9 bathroom
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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 2 Cloisters Court, Mungo Park Road, South Hornchurch
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