1-bedroom flat · RM3 9QS
For saleReduced £10k (−5.6%) on 5 OctListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Chain free! Situated within access of Harold Wood Station is this 2nd floor flat. Situated within access of Harold Wood Station is this 2nd floor flat.
The property has been kept to a very high standard offers good size lounge and fitted kitchen with fitted appliances, fitted bathroom, double glazed, gas central heating, recently redecorated throughout and close to local shops.
Council Tax Band: B (London Borough of Havering) Tenure: Leasehold (125 years) Ground Rent: £10 per year Entrance Communal entrance door with security entry phone system in to communal hallway with stairs leading to second floor with own entrance door in to: Entrance Hall Loft access for storage, two large built in cupboards, radiator and laminated style flooring.
Lounge 16ft 5 x 10ft 5 Double glazed window with double glazed door to Juliet style balcony, radiator and laminated style flooring.
Kitchen 11ft 7 x 7ft 2 Double glazed window, range of wall and base units with worksurface over, fitted electric oven and hob, washing machine, dishwasher, fridge-freezer, part tiled walls and laminated style flooring.
Bedroom 1 13ft 6 x 8ft 3 Double glazed window, radiator, wardrobe and laminated style flooring.
Bathroom 8ft 5 x 4ft 7 Double glazed window, paneled bath with shower over and shower screen, low level w.c., wash hand basin, part tiled walls, radiator and tiled flooring.
Value & comps
No previous sales on record.
Returns
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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 23 Hucknall Close, Harold Hill, Romford
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