We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · RM1 2FA
For saleReduced £10k (−5.3%) on 26 OctListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
•no onward chain • 0.7 miles to romford elizabeth line station •potential to purchase parking •great for first time buyers or investors with A potential rental income of £1300 pcm • modern apartment in excellent condition • 992 years remaining on the lease • fitted kitchen with integrated appliances • gated development • roof terrace • council tax band: C Lease Remaining: 992 years Ground rent: £235 per annum Service Charge: £2,274.56 per annum Kitchen / Living Room 19'9 x 13'3.
Double glazed windows to the front, smooth ceiling with inset spotlights, electric radiators, eye and base level units, integrated oven, integrated dishwasher, sink unit with mixer tap.
Bathroom 7'7 x 4'10. Smooth ceiling with inset spotlights, walk in shower with rain style attachment, sink unit with mixer tap, low level wc, electric radiator. Bedroom 11'4 x 8'10.
Double glazed windows to the front, smooth ceiling with inset spotlights, electric radiator. Buyers Information Pack Please see below a link to the Buyers Information Pack / ta Forms: B4c9a158b
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
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FAQ
About Flat 29, Papermill House, 363, South Street, Romford
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