1-bedroom flat · RM11 2FA
For saleReduced £25k (−10%) on 19 OctListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• no onward chain • one bedroom ground floor flat • situated 1 mile to gidea park elizabeth line station • family bathroom/WC • close to david lloyd leisure centre • close to ardleigh green primary school, boasting outstanding ofsted rating • overlooking beautiful communal gardens • two allocated parking spaces Lease Remaining: 115 years approx.
Service Charges: £625 bi-annually. Ground Rent: £250 per annum. Council Tax Band: B.
Entrance Via Communal entrance door to: Communal Hall Stairs to first floor, own entrance door to: Entrance Hall Storage cupboard, radiator, wood effect flooring, smooth ceiling, doors to accommodation.
Bedroom 10'5 x 9'2. Double glazed window, fitted wardrobe with sliding doors, radiator, smooth ceiling. Bathroom/wc 6'8 x 5'3.
Suite comprising: Panelled bath with glazed shower screen, mixer tap and wall mounted shower, wall mounted wash hand basin with mixer tap, integrated wc with push flush.
Heated towel rail, tiled flooring, part complementary tiling to walls, smooth ceiling with inset spotlights. Open Plan Kitchen/Lounge/Diner 21'4 x 10'9.
Double glazed windows to side, double glazed French doors to side leading to Juliette balcony, radiator, wood effect flooring, smooth ceiling.
Kitchen area: Range of base level units and drawers with work surfaces over and matching upstands, inset stainless steel sink drainer unit with mixer tap, integrated Zanussi oven and electric hob with stainless steel extractor hood over and stainless steel splash back, integrated dishwasher, integrated fridge/freezer, integrated washing machine, range of matching eye level cupboards with downlights.
Exterior Nearly tended communal gardens, residents parking. Buyers Information Pack Please see below the link to access the Buyers Information Pack/ta forms: Aa7d2d030c
Value & comps
No previous sales on record.
Returns
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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 12,, Riverwood Court, Hornchurch
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