2-bedroom flat · RM5 3XB
Listing removedReduced £50 (−3%) on 28 AugListed 119 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two bedroom first floor maisonette situated on Chelmsford Avenue in Collier Row, Romford.
The property benefits from a generous lounge/dining room with feature fireplace, a large eat-in kitchen with space for a dining table, two good-sized bedrooms, a bathroom with bath and glass shower screen, and its own private rear garden.
Well placed for easy access to the A12 for transport links into and out of London. Close to local shops, schools, and amenities.
Available 1st August | Offered Unfurnished Lounge / Dining Room (15' 3" x 12' 7") A spacious reception room with wood-effect laminate flooring, feature fireplace with wooden surround, dual windows allowing plenty of natural light, coving, curtain poles, and radiator.
Kitchen (9' 8" x 12' 5") A large eat-in kitchen with oak-effect wall and base units, worktops, built-in oven, extractor hood, tiled splashbacks, wood-effect flooring, spotlight fitting, window with venetian blind, and space for a dining table and chairs.
Bedroom One (12' 7" x 11' 1") A generous double bedroom with wood-effect laminate flooring, window with curtains, coving, and radiator.
Bedroom Two (10' 4" x 10' 9") A good-sized second bedroom with wood-effect laminate flooring, window with curtains, and radiator.
Bathroom (9' 8" x 12' 5") Bathroom comprising a panelled bath with glass shower screen, pedestal basin, WC, part-tiled walls, dark tiled flooring, mirror, and a frosted window for ventilation.
Rear Garden A enclosed rear garden with a lawned area and mature tree.
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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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 161, Chelmsford Avenue, Romford
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