1-bedroom flat · RM6 4TS
To rentReduced £55 (−4.1%) on 15 OctListed 53 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bed G/F Studio Flat self-contained Annex, located within 15 minutes walking distance of Goodmayes & Chadwell Heath Stations and shopping amenities.
The property benefits from heating, double glazing, fully equipped open plan kitchen lounge (cooker, washing machine & fridge freezer), separate bedroom & shower room with WC.
Maximum number of tenants is two. Perfect for a single working professional or couple seeking a quiet, high-quality, and secure home.
*Excluding Electricity bill (billed separately based on usage) ** This property is being marketed using our Landlord Direct service, where the landlord manages enquiries themselves.
If you have a question about the property, simply use the enquiry button (e.g. "Request details" or "Email agent") and your message will be sent directly to the landlord. **
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
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About 64, Gresham Drive, Romford
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