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See how verdicts work2-bedroom flat · RM1 1AN
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Two-Bedroom, Two-Bathroom Apartment with Private Courtyard & Parking - Romford Town Centre Guide Price: £280,000 - £300,000 Chain Free Situated on the fourth floor, with lift access to all floors, this two-bedroom, two-bathroom apartment combines a town-centre location with the benefit of its own private outside courtyard.
Freshly repainted throughout, the property offers a welcoming setting ready for its next owner to make their own.
Two bedrooms and two bathrooms provide flexibility for everyday living, while the private courtyard offers a place to enjoy a morning coffee or unwind outdoors.
Allocated permit parking adds further convenience to this centrally located home.
Key Features Two bedrooms Two bathrooms Private outside courtyard Allocated permit parking Fourth floor with lift access to all floors Freshly repainted throughout Romford town-centre location Leasehold Dimensions - Kitchen/Lounge: 6.3 x 5.7m Master Bedroom: 4.7 x 4.1m Ensuite: 1.9 x 1.8m Second Bedroom: 3.2 x 2.5m Family Bathroom: 2.2 x 1.9m Outdoor Courtyard: 4.3 x 4.2m Why We Think You'll Love It The private courtyard is a lovely addition to this town-centre apartment, giving you your own outdoor space to enjoy.
Combined with two bathrooms, allocated permit parking and a freshly repainted interior, it's a home with plenty of practical appeal. Contact hbl Homes to arrange your viewing.
Council Tax Band: D Tenure: Leasehold (99 years) Ground Rent: £360 per year Service Charge: £2,800 per year
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
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FAQ
About Flat 20, The Gatehouse, Romford
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