1-bedroom flat · RM3 0UX
For saleReduced £10k (−4.8%) on 20 JunListed 136 days
Opportunity summary
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About
Description Delaney's are favoured agents to offer this one bedroom first floor flat situated in a quite cul-de-sac within close distance of Harold Wood mainline station with its easy links into London Liverpool Street station and close access to the M25, A12 and A127.
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Council Tax Band: A (London Borough of Havering) Tenure: Leasehold (115 years) Ground Rent: £10 per year Service Charge: £1,800 per year Entrance Communal buzzer entrance to stairs to first floor leading to own double glazed door into: Hall Built in cupboards, radiator and doors to all rooms.
Bedroom 1 W: 8' 9" x l: 14' 4" (w: 2.67m x l: 4.37m) Double glazed window to front, radiator and fitted wardrobes.
Bathroom W: 5' 6" x l: 7' (w: 1.68m x l: 2.13m) Obscure double glazed window to rear, bath with shower over, pedestal sink with taps over, low level w/c, and heated towel rail.
Kitchen W: 8' x l: 9' 1" (w: 2.44m x l: 2.77m) Double glazed window to rear range of fitted wall and base units with work surfaces over, space for domestic appliances, single bowl sink drainer with taps and boiler.
Lounge W: 11' 1" x l: 14' 3" (w: 3.38m x l: 4.34m) Double glazed window to front and radiator Communal Garden Communal garden with individual storage shed.
Communal Car Parking Communal Parking and permit parking available.
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
Agent & docs
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FAQ
About 127 Hamilton Drive, Romford
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