2-bedroom flat · RM12 6FP
To rentListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• two double bedrooms • ground floor apartment • situated 0.6 miles to hornchurch district line station • en-suite to master bedroom • family bathroom • one allocated parking space with electric charger • unfurnished • available 7th December Lounge / Open Plan Kitchen (20' 2" x 19' 10") Lounge with laminate flooring, double glazed windows to front, side and rear and two radiators.
Modern Fitted kitchen with matching wall and base units with integrated appliances. Utility Room (7' 2" x 3' 8") Servicing washing machine and tumble dryer.
Bedroom 1 (14' 5" x 9' 5") Double bedroom with fitted carpets, built in wardrobe, one radiator, double glazed windows to front and door leading to en-suite.
En-Suite Walk in shower cubicle, integrated wash hand basin and WC, heated towel rail. Bedroom 2 (16' 6" x 9' 2") Double bedroom with fitted carpets, double glazed window to front and one radiator.
Bathroom Bath with overhead shower, integrated wash hand basin and WC, heated towel rail.
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
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
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FAQ
About Spitfire Approach, Essex
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