1-bedroom flat · RM3 0UU
Listing removedReduced £50 (−3.6%) on 25 AugListed 77 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Available now! - Delaney's are delighted to offer this one bedroom flat situated in a quiet cul-de-sac with residents parking.
Located on the second floor, situated just 0.5 mile walk from Harold Wood Elizabeth Line Station, with easy links into London Liverpool Street Station and close access to the M25, A12 and A127.
There is a good size lounge, separate kitchen, a large bedroom, family bathroom and communal garden which offers a individual storage shed.
Council Tax Band: A (London Borough of Havering) Deposit: £1,615.38 Holding Deposit: £323.07 Entrance Hall Own double glazed entrance door into: Entrance Hall Two built in cupboards, doors to all rooms and laminate flooring.
Lounge W: 11' 3" x l: 14' 1" (w: 3.43m x l: 4.29m) Double glazed window to rear, radiator and laminate flooring.
Kitchen W: 8' 4" x l: 9' 2" (w: 2.54m x l: 2.79m) Double glazed window to front range of fitted wall and base units with work surfaces over", cooker, fridge, freezer, washing machine, single bowl sink drainer with taps and laminate flooring.
Master Bedroom W: 9' 7" x l: 14' 2" (w: 2.92m x l: 4.32m) Double glazed window to rear, radiator and laminate flooring.
Bathroom W: 5' 6" x l: 7' (w: 1.68m x l: 2.13m) Obscure double glazed window to front, bath with shower over, wash hand basin, low level w/c, tiled walls and laminate flooring.
Communal Garden Large communal rear garden with individual storage shed.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 78 Hamilton Drive, Romford
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