1-bedroom flat · RM12 6UB
For saleReduced £10k (−4.2%) on 11 AugListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description *** Guide Price £240,000 - £250,000 ***chain free*** Lux Homes are honoured to bring to the market this well presented one bedroom first floor flat located on Berry Close, with a short walk to Hornchurch and Elm Park Train Stations.
As we enter the property, we are greeted with the spacious open plan lounge/dining/kitchen area which is flooded with natural light.
Designed with a modern grey/black and white colour palette creating that stylish modern but cozy feel, perfect for relaxing or hosting with family and friends.
The kitchen has been newly renovated with integrated appliances including a dishwasher and washing machine, with an abundance of storage space.
Continuing, you are greeted with the well-appointed bedroom which benefits from an ample amount of storage and large window allowing plenty of natural light to enter thus creating a bright and airy ambience throughout.
To finish off, you are greeted with the recently renovated modern bathroom creating that sleek touch to the home.
This home oozes style and has been created with love and care by the current owner creating the most perfect space to be able to move straight in for any proud new owner.
Externally we have residential parking bays to the front of the property. This property also includes a communal garden which is perfect for those summer evenings.
All in all, this property will tick many boxes and will be the perfect purchase for first time buyers, investors and commuters alike.
Berry Close is an ever-popular choice for buyers as its situated in a prominent position allowing easy access to Elm Park Train Station.
It is ideally located for Hornchurch Town Centre being easily accessible via a short bus ride and offers a plethora of shops, bars and restaurants.
Tesco is a few steps away, allowing for all of your daily essentials to be right on your door step. Call Lux Homes today to arrange a viewing at your earliest convenience!
Tenure: Leasehold (988 years) Service Charge: £1,882 per year Kitchen/Living/Dining (13.00' x 15.75') Bedroom 1 (8.92' x 10.67')
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 16 Berry Close, Hornchurch
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