2-bedroom flat · RM6 4UT
For saleReduced £10k (−3.7%) on 6 JulListed 128 days
Opportunity summary
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About
*** guide price £270,000 to £280,000*** • Leasehold 127 Years Left • Ground Rent 162.16 Every 6 Months • Service Charges 217 pcm • Two Double Bedrooms • Allocated Parking With Two Permits • Very Well Maintained • Modern Fitted Kitchen • Modern Fitted Bathroom • Redbridge Borough • Gas Central Heating • Double Glazing • 666 Sq.
Ft Entrance Via Communal doorway. Stairs leading to Second Floor. Entrance Hall Via own front door. Wood effect flooring. Smooth walls to ceiling. Storage cupboard. Radiator. Kitchen 9'3" x 8'2".
Range of floor and wall mounted units with square edged worktops. Space for fridge/freezer. Space for washing machine. Stainless steel sink unit with mixer taps.
Fitted gas hob with extractor fan over. Tiled splashbacks. Wall mounted combination boiler. Lounge 18'5" x 11'2". Double glazed square bay window to front. Double glazed door leading to balcony.
Wood effect flooring. Radiator. Bedroom One 12'3" x 9'10". Double glazed window. Radiator. Bathroom 7'6" x 5'7". Comprising of three piece-suite. Panelled bath with mixer taps and wall mounted shower.
Vanity unit with sink inset. Low flush wc. Tiled walls. Tiled flooring. Heated towel rail. Bedroom Two 10'9" x 9'4". Smooth walls to ceiling. Built-in wardrobe. Double glazed window. Radiator.
Buyers Information Pack Please see the link below to access the Buyers Information Pack/ta forms. A19ab8241ebc
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 Flat 37, Nacton Court,, Hevingham Drive, Romford
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