2-bedroom flat · RM5 3XB
Sold STCReduced £5k (−1.7%) on 13 JulListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presented in good decorative order with a long lease this ground floor property is ideal for first time buyer or downsizers and retirees without a Bungalow budget.
Your new property comprises of a spacious lounge dining room and breakfast kitchen. There are also two spacious double bedrooms with built in storage wardrobes and a modern family bathroom.
To the rear is a large Southerly facing garden with a workshop/home office with a power supply and to the front a garden that has the potential for off street parking by adding a driveway and dropped curb.
Ideally located for all of Collier Row and Rise Parks shops and local amenities. Just a 10 minute bus journey to Romford station for links to Central London and the Elizabeth Line.
Great commuter roads for Essex and London areas by way of the A12, A127 and M25.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 165, Chelmsford Avenue, Essex
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