2-bedroom flat · RM1 4DD
Listing removedListed 6 daysAuction 25 Mar · ended
Opportunity summary
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About
For sale by Under the Hammer online auction on Wednesday 4th November 2026. Head over to our website to download the legal pack, register to bid and see more information.
A Leasehold 2 Bedroom First Floor Flat situated on St Edwards Way in Romford, set within a two storey semi detached building.
The flat offers scope for improvement and will appeal to investors, landlords and first-time buyers seeking a home within walking distance of Romford town centre.
The accommodation briefly comprises a lounge/diner, kitchen, 2 bedrooms and a bathroom, all arranged on the first floor.
The flat is understood to be held on a 99 year lease from 25 March 1977, leaving approximately 49 years unexpired, and interested parties should refer to the legal pack for full lease details.
Externally, details of any outside space are to be confirmed in the legal pack.
St Edwards Way sits on the edge of Romford town centre, within walking distance of The Brewery and The Liberty shopping centres, Romford Market and a wide range of shops and restaurants, with the open space of Cottons Park also close by.
St Edward's Church of England Primary School on Havering Drive is approximately 0.25 miles away, and Romford station is approximately 0.4 miles away, offering Elizabeth line and Greater Anglia services into London.
St Edwards Way forms part of the A118 ring road, the A12 is approximately 1.5 miles away and junction 28 of the M25 is approximately 5 miles away.
Block viewings are available on this property, ensure you've confirmed your attendance on our website before arriving.
VIEWING DAYS & TIME Tuesday 20th October 2026: 12pm Monday 26th October 2026: 12pm Saturday 31st October 2026: 12pm Here's what to do next Visit - Our website and view the auction terms.
View - Book a viewing directly through our website. Register - Get registered prior to the auction opening date. Legal Pack - Download and view the legal pack to find out all the relevant information.
Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About 6a St Edwards Way, Romford, RM1 4DD
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