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See how verdicts work1-bedroom flat · RM12 4TE
For saleListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with the added advantage of no onward chain, ideally located within close proximity to local shops, amenities and excellent bus routes, just 0.9 miles from Emerson Park Station, is this well presented ground floor, one bedroom retirement apartment.
Available exclusively for over 60's only, the property enjoys a large communal lounge, well-maintained communal gardens and parking via the gated carpark.
Upon entering the home, via the well-maintained communal area, you are welcomed with a large entrance hallway with access to most of the living accommodation and access to a large storage cupboard.
Positioned on the right of the home is the reception room, which measures 14’9 x 10’10 and provides adequate space for a dining table and chairs and is flooded with natural light.
The room enjoys beautiful tones and carpet underfoot. Accessed off the hallway, the kitchen comprises numerous wall and base units, worktops to three sides and room for essential appliances.
There is a generously sized bedroom which enjoys fitted wardrobes. Completing the internal layout is the family bathroom which comprises W/C, handbasin, bathtub and separate shower cubicle.
Further benefits of the home include a large communal lounge for residents, a house manager in site 5 days a week, a 24 hour managed emergency built in system and well maintained communal grounds.
According to the vendor: Lease Length: 109 Years Remaining. Ground Rent: £345 P.A.
Service Charge: £1,824.65 bi-annually (every six months) In compliance with The Money Laundering Regulations 2017, we are legally obligated to verify the identity of all prospective purchasers.
This process requires the review of valid photographic identification and an official proof of address.
Should your offer on a property marketed by Chalk Street Estates be accepted, you will be required to complete identity verification through our secure third-party provider, Blinc UK.
A non-refundable fee of £15 per purchaser is payable in advance of the verification checks.
Please note that a sale cannot be formally agreed, and a memorandum of sale cannot be issued, until all parties have provided valid identification and the verification process has been successfully completed.
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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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.
Area
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FAQ
About Pell Court 165-171,Apartment 7, Hornchurch Road, Hornchurch
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