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See how verdicts work2-bedroom flat · RM11 1QB
For saleListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the sought-after Hornchurch Road in Hornchurch, this well-presented two-bedroom flat offers an excellent opportunity for both owner-occupiers and investors alike.
The property features a bright and spacious reception room, providing a versatile living and dining area ideal for both relaxing and entertaining.
The modern fitted kitchen is well equipped with integrated appliances, generous worktop space, and ample storage, combining practicality with contemporary style.
Accommodation comprises a generous principal bedroom and a second bedroom, which would be equally suited as a guest room, nursery, home office, or study, offering flexibility to suit a variety of lifestyles.
Both rooms benefit from natural light, creating a bright and welcoming atmosphere throughout.
The contemporary family bathroom is finished to a good standard and includes a bath with an overhead shower, wash basin, and WC.
Externally, the property enjoys a well-maintained private rear garden, providing an ideal space for outdoor dining, entertaining, or simply relaxing during the warmer months.
Convenient on-street parking is also available. The property has an EPC rating of C (69/100), demonstrating good energy efficiency and helping to keep running costs lower.
Ideally positioned, the property is within easy reach of a wide range of local amenities, including shops, cafés, restaurants, highly regarded schools, and leisure facilities.
Excellent transport links, including nearby rail and bus services, provide convenient access to Central London and the surrounding areas, making this an ideal location for commuters.
Please note: The property is available with tenants in situ, providing an immediate rental income for investors, or with vacant possession, making it equally suitable for owner-occupiers.
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 242 Hornchurch Road, HORNCHURCH
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