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See how verdicts work2-bedroom flat · RM14 2QB
For saleListed 450 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This newly renovated two-bedroom apartment is situated on the second (top) floor of a highly sought-after block in the heart of Upminster.
Finished to an excellent standard throughout, the property benefits from new electrics, underfloor heating, and a generous footprint of over 600 sq ft, making it an ideal first-time purchase or investment opportunity.
The apartment is bright and airy, comprising an entrance hall, two well-proportioned bedrooms, a modern bathroom, and a spacious open-plan living area with access to a private balcony.
The contemporary kitchen is fitted with genuine stone worktops and new appliances, combining style with practicality.
Positioned on the top floor, the property is unoverlooked and also enjoys access to a terrace, offering a high level of privacy.
Further benefits include a long lease, attractive fixed monthly charges, and a secure, gated, and covered allocated parking space.
Ideally located with Upminster High Street right on the doorstep, the apartment is just a five-minute walk (approximately 0.3 miles) from Upminster Station, providing District Line underground and overground rail services.
The property also overlooks the historic churchyard of St Laurence’s and is within walking distance of the popular and attractive Upminster Park.
Lease: 199 years from 1 January 1985 Service Charge: £1,500 per annum Ground Rent: £120 per annum Note: The total floor area does not include the wardrobe space within the bedroom; removal would result in a slightly larger usable floor area.
Property Ownership Information Tenure Leasehold Council Tax Band C Annual Ground Rent £120.00 Ground Rent Review Period No review period Annual Service Charge £1,500.00 Service Charge Review Period Every 1 year Lease End Date 01/01/2184 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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FAQ
About Flat 5, 129, St. Marys Lane, Upminster
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