1-bedroom flat · RM6 4AT
For saleReduced £5k (−2.5%) on 8 OctListed 274 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £200,000-£225,000 Ideal for first-time buyers and investors alike, this spacious one-bedroom apartment is now ready for viewing.
The property offers a well-proportioned layout, featuring a separate white fitted kitchen, a generously sized reception room perfect for relaxing or entertaining, and a roomy double bedroom complete with built-in wardrobes.
There is also a family bathroom and plenty of additional storage space throughout.
Further benefits include a long lease and a private shed located downstairs, providing even more convenient storage options.
This fantastic opportunity combines space, functionality, and value, making it a must-see for anyone looking to step onto the property ladder or expand their investment portfolio.
Location Situated in a prime location, this property is ideally positioned close to all the amenities that Chadwell Heath has to offer.
Residents will enjoy easy access to a variety of shops, cafes, and everyday conveniences, all just a short walk away.
Chadwell Heath Station is within walking distance, providing excellent transport links into Central London and beyond, making commuting straightforward and stress-free.
Local buses serve not only Romford and Stratford but across the borough to Marks Gate, Grange Hill, Barking and Dagenham.
For a wider range of entertainment, dining, and shopping options, Romford Town Centre is just a short drive away, offering a vibrant selection of shops, bars, cinemas, and restaurants.
Two major supermarkets are located nearby for all your grocery needs, along with an array of local restaurants, cafés, and takeaways, catering to every taste and occasion.
This excellent location combines suburban comfort with urban convenience, making it perfect for professionals, families, and investors alike.
Property Ownership Information Tenure Leasehold Council Tax Band B Annual Ground Rent £10.00 Ground Rent Review Period No review period Annual Service Charge £1,503.00 Service Charge Review Period Every 1 year Lease End Date 17/02/2128 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 advisers 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.
Area
Agent & docs
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FAQ
About 1113, High Road, Romford
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