2-bedroom flat · RM7 0FN
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
QuDe Lettings are delighted to offer this TWO bedroom ground floor apartment WITH PARKING comprising of an open plan Lounge / Diner / kitchen with appliances, two double bedrooms, en suite to master bedroom, terrace and a small garden area, park views, family bathroom.
Painted White throughout with Amtico flooring to Lounge, Kitchen and bathrooms and contrasting grey carpet to the bedrooms.
The property is located within close proximity to the town centre, Queens Hospital and the Mainline Railway Station and is available 8th December.
Viewings can be arranged by calling QuDe Lettings Special Features LOUNGE/DINER/KITCHEN 19'9" X 14'9" MASTER BEDROOM 12'8 X 9'4 EN SUITE SHOWER ROOM BEDROOM 2 11'1 X 9'3 FAMILY BATHROOM AMTICO FLOORING ALLOCATED PARKING TERRACE HEATING VIA RADIATORS STORAGE CUPBOARDS CLOSE TO STATION CLOSE TO HOSPITAL CLOSE TO TOWN CENTRE AVAILABLE 8TH DECEMBER Living/Dining Room 12.75ft x 14.75ft Kitchen 7.0ft x 14.75ft Bedroom 1 9.33ft x 12.67ft En Suite Bedroom 2 9.25ft x 11.08ft Bathroom Useful Information Council Tax band is C - 2026/27 rate is £2,155.25 per year payable to Havering Council.
Single occupants discount may be available of 25%. An equalvent of one weeks rent, of £415, is required to hold the property. This then forms part of the 5 week deposit.
To rent this property at £1,800 per calender month, the total amount required (subject to satisfactory referencing) is £3,875 (1 months rent plus 5 weeks deposit) prior to moving in.
To rent this property a minimum annual income of £54,000 pre tax (Gross salary), singular or combined tenant income is required. However this can increase depending on personal expenses.
If a guarantor is required, they will require a pre tax minumum salary of £64,800 per year. Again, this is a minimum and also can increase depending on personal expenses.
If you require any more details or explanation of the above please ask before viewing.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About Maxwell Road, Romford
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