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See how verdicts work2-bedroom flat · RM1 1AJ
For saleReduced £10k (−6.7%) on 21 AugListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom retirement apartment located on the third floor Gibson Court comprises 54 properties arranged over 4 floors. Apartments 1 - 49 are served by a lift.
Conveniently situated to Romford town Centre with all its amenities including main supermarkets and train station. There is a Bus Stop outside the Development.
The resident Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello response system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be of State Pension Age. Please speak to our Property Consultant if you require information regarding “Event Fees” that may apply to this property.
Accommodation Front door leads to; Entrance Hall Entry intercom. Telephone point. Airing cupboard housing hot water cylinder. Storage cupboard housing electric meter. Emergency pull cord.
Fischer wireless thermostat storage heater. Living Room Fischer wireless thermostat storage heater. TV aerial point. Power points. Ceiling light. Emergency pull cord.
Kitchen Partly tiled and fitted with a range of wall and base units incorporating a stainless steel sink unit and work surfaces. Electric cooker. Fridge/freezer. Washing machine. Power points.
Ceiling light point. Bedroom One Hammond bespoke built in furniture comprising of two wardrobes. Dressing table with mirror. Cupboards above the bed. Electric convector heater. Emergency pull cord.
Ceiling light point. Bedroom Two Electric convector heater. Ceiling light point. Shower Room Partly tiled and fitted with suite comprising Shower cubicle. Low level WC. Wash hand basin.
Electric wall fan heater. Emergency alarm pull cord.
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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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
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FAQ
About 49, Gibson Court, Romford
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