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See how verdicts work1-bedroom house · RM8 1SW
Listing removedListed 427 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brian Thomas are delighted to offer 'For Sale' this spacious one-bedroom purpose-built ground floor retirement flat for the over 55's.
The property has an 89-year lease remaining and is conveniently within a very short walking distance to high road shops and Chadwell Heath 'Elizabeth' line main line station.
The property comprises of one bedroom, kitchen, lounge, shower room, double glazed, electric heating, a 24hr emergency call system, security entry system, hairdressing salon, communal lounge, gardens, laundry room, off street parking to front and benefits from 'no onward chain.' ANGLIA COURT, SPRING CLOSE, DAGENHAM, ESSEX, RM8 1SW COMMUNAL ENTRANCE: Security entry phone system leads to a communal entrance hall and well-maintained reception area.
ENTRANCE HALL: Fitted carpet, electric heater, large storage cupboard, emergency pull cord.
LOUNGE: 17'6 x 10'9 (5.33m x 3.27m) Fitted carpet, feature fireplace, electric points, electric heater, TV point, telephone point, emergency pull cord, UPVC double glazed sliding patio doors to side elevation leading to the communal garden.
KITCHEN: 8' x 6' (2.44m x 1.82) Fitted wall and floor units, single drainer sink, plumbing for a washing machine, electric points, half tiled walls, emergency pull cord.
BEDROOM: 11'6 x 9'2 (3.5m x 2.79m) Fitted carpet, fitted wardrobe, electric points, electric heater, emergency pull cord, double glazed window to side elevation.
SHOWER ROOM/W.C.: Half tiled walls, 'Quadrant' shower cubicle, low level W.C, extractor fan, pedestal wash hand basin, heated towel rail, emergency pull cord.
The property also benefits from having off street parking to the front, a lift, communal lounge, laundry room, hair dressing salon, guest suite and communal gardens.
VIEWING: By appointment with this office, open weekdays until 6.30 pm and Saturdays until 5 pm. LEASEHOLD: 89 Years GROUND RENT: £50 per annum SERVICE CHARGE: £3,616 per annum
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
FAQ
About Spring Close, Dagenham, London, RM8
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