2-bedroom flat · RM5 2ET
Sold STCListed 19 days
Opportunity summary
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About
Guide price £275,000 - £300,000 Immaculately Presented Two-Bedroom First-Floor Apartment | Private Gated Development | Private Garage | Balcony | Recently Refurbished.
We are pleased to present this beautifully finished two-bedroom first-floor apartment, situated within a well-maintained private gated development in Collier Row.
Recently refurbished throughout and presented in immaculate condition, the property offers bright, modern accommodation with the added benefits of a private balcony and its own garage.
The apartment opens into a spacious and welcoming entrance hallway with a clean, contemporary finish. The heart of the property is the impressive open-plan living, dining and kitchen area.
The modern fitted kitchen features a stylish neutral finish, contrasting black fittings, integrated cooking appliances and ample worktop and storage space, while the generous living area provides plenty of room for both dining and relaxing.
French doors lead directly from the living space onto a private balcony, creating an excellent extension of the living area and providing an attractive outlook across the surrounding area.
Stylish fitted window shutters, contemporary lighting and carefully considered finishes give the room a particularly smart and modern feel. There are two well-proportioned bedrooms.
The principal bedroom is a comfortable double with excellent fitted storage, while the second bedroom is currently arranged as a nursery but would work equally well as a second bedroom, home office or guest room.
The bathroom has been finished to an excellent standard, comprising a bath with glass shower screen, modern vanity unit, WC, contemporary black fittings and neutral tiling.
Externally, the development is accessed through secure gates and benefits from attractive communal gardens and well-kept grounds.
A particularly valuable feature is the property's private garage, providing secure parking or useful additional storage.
With its immaculate presentation, modern interior, private outdoor space, secure gated setting and garage, this is an excellent opportunity for first-time buyers, downsizers or purchasers looking for a ready-to-move-into home in Collier Row.
Leasehold Information: Approximately 104 years remaining on the lease. Ground rent £250 per annum. Service charge £1,918.43 per annum, payable bi-annually.
Value & comps
No previous sales on record.
Returns
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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 106, Fern Court, Lodge Lane, Romford
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