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See how verdicts work2-bedroom flat · RM6 4UG
For saleReduced £20k (−7.4%) on 5 OctListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Full Market Value: £270,000 Service Charge: £190.13 per month Ground Rent: N/A Lease: 125-year lease from April 2006 (approximately 105 years remaining) Council Tax Band: C Property Description A bright and spacious two-bedroom first-floor apartment, ideally situated within walking distance of Chadwell Heath Elizabeth Line station and offering excellent transport links into Central London.
The property is thoughtfully arranged around a welcoming central hallway, with all rooms accessed from this central space.
The impressive dual-aspect living and dining room is flooded with natural light from four large windows, creating a bright and airy atmosphere that is perfect for both relaxing and entertaining.
The separate kitchen is fitted with attractive birch-effect units and benefits from an integrated oven, hob, and extractor fan, providing a practical and well-equipped space for everyday living.
Both bedrooms are generous doubles.
The principal bedroom features built-in storage, while the second bedroom offers flexible accommodation and is currently utilised as a home office, making it ideal for remote working, guests, or additional family space.
A modern family bathroom completes the accommodation.
Location Situated on Glandford Way, just off Grove Road, the property enjoys a convenient location with a wide range of local amenities within easy walking distance, including schools, supermarkets, convenience stores, and public transport links.
Chadwell Heath Station (Elizabeth Line, Zone 5) is approximately a 10-minute walk away, providing swift connections to Stratford and Romford in under 15 minutes.
Both locations offer an extensive selection of shopping, dining, and leisure facilities.
For those travelling by car, the nearby A12 provides excellent road connections, with Central London accessible in approximately 30 minutes.
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 40, Glandford Way, Romford
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