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See how verdicts work1-bedroom flat · RM3 0FQ
For saleReduced £2k (−0.8%) on 3 OctListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description ##Chain Free## Situated in the highly sought after area of Harold Wood, this modern and spacious one-bedroom third-floor apartment offers contemporary living in a well connected location.
The accommodation comprises a secure communal entrance with lift access, a welcoming entrance hall with an intercom entry system, and a bright open-plan living, dining and kitchen area with direct access to a private balcony overlooking the attractive views.
The property also benefits from a generous double bedroom, a stylish modern bathroom, and an allocated parking space.
Harold Wood station, served by the Elizabeth line, is within easy reach, providing fast and convenient connections to Central London and making this an excellent choice for commuters.
The property also enjoys superb road links via the A12, A127 and M25.
Residents benefit from a wide range of local amenities, including a Tesco Extra supermarket, a selection of convenience stores, a Post Office, pharmacy, cafés and a traditional local pub, all within the area.
For those who enjoy the outdoors, Harold Wood Park is just a short walk away, offering open green space, tennis courts and a well-established local cricket club, making this an ideal location for both professionals and first-time buyers.
Council Tax Band: C (London Borough of Havering) Tenure: Leasehold (87 years) Service Charge: £2,429.88 per year Entrance Communal entrance door with security entry phone system leading to communal entrance hall with stairs or lift to third floor level.
Entrance Hall Storage cupboard housing washing machine, radiator, laminate style flooring and doors to: Bathroom W: 6' 5" x l: 7' 6" (w: 1.96m x l: 2.29m) Panelled bath with mixer tap and shower over, low level WC, wash hand basin with mixer tap over and heated towel rail.
Bedroom 1 W: 11' x l: 11' 7" (w: 3.35m x l: 3.53m) Double glazed window, fitted wardrobes, radiator and carpet flooring.
Lounge W: 10' 6" x l: 15' 9" (w: 3.2m x l: 4.8m) Double glazed door leading to the balcony area, radiator and wood style flooring.
Kitchen W: 8' 11" x l: 9' 1" (w: 2.72m x l: 2.77m) Wall units along two walls, work surfaces along two walls with fitted units under, integrated oven, four ring electric hob, boiler, one and a half bowl sink drainer with mixer tap over, integrated fridge freezer, integrated dishwasher and tiled flooring.
Balcony Decked seating area.
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.
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FAQ
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