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See how verdicts work1-bedroom flat · RM2 6EW
No longer listedListed 585 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description 55's retirement development Shared Ownership (75% share) This spacious one bedroom 2nd Floor is located close to Gidea Park Station.
The property itself offers a generous hallway, modern Shower Room, spacious bedroom and an open plan lounge/kitchen/dining room benefiting from direct access to the balcony.
Situated a short walk from Gidea Park mainline station (Elizabeth Line), giving easy access into the city. The apartment is close to all local amenities and has good access to the A12/A127/M25.
Residents at Dreywood Court will benefit from a wealth of onsite communal facilities and activities that can be enjoyed with visiting friends, family or neighbours.
On site facilities include: - Hairdressers - Library and hobby room - Spa bathroom - Assisted bathroom - Electric scooter charging bays - Large lounge and three outdoor terrace areas for catching up with friends - Comfortable seating areas and self-service drink making facilities including instant boiling water - Five informal seating areas - Restaurant - Guest suite for visiting family and friends -Communal gardens Any interested party is required to meet Havering Borough Council's requirements for this property and be aged 55 or over.
Lease: Approx.: 87 years remaining Service charge, Heating & Water: £476 per month including heating and hot water The above information is an approximate figure, please verify with your legal representative.
Local Authority: Havering Council Parking : Communal Parking (residents must apply for a permit) Satellite/TV Broadband available: Yes (confirm with your provider) Mobile Signal: Available (confirm with your provider) Mains Water Supply Mains Electric Supply Mains Sewage Supply Heating and hot water: Electric Flood Risk: Low Risk (No Known Flooding for last 5 Years) Purchasing 75% = £150,000 100% value = £200,000 Council Tax Band: C Tenure: Leasehold (87 years) Service Charge: £476 per month Shared Ownership: 75% being sold 75% purchase = £150,000 100% Value = £200,000
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About Flat 20, Dreywood Court, Romford
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