2-bedroom flat · RM1 1SY
For saleReduced £10k (−4%) on 6 FebListed 497 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN Guide Price £240,000-£250,000 Perfectly positioned for easy access to Romford Station and the Elizabeth Line is this third floor two bedroom apartment.
Internally the accommodation comprises a hallway leading to an eye catching living room with a Juliette Balcony, a fitted kitchen, family bathroom and two good sized bedrooms.
In addition the property has a secure gated allocated parking space whilst the location adds to the appeal with Romford having a bustling town centre with an array of restaurants and shopping facilities.
E.P.C rating C Council Tax Band C Communal Hallway Kitchen 8' 2" x 8' 1" Irregular shape. Living Room 14' 9" x 13' 9" Irregular shape.
Bedroom 1 12' 9" x 8' 5" Bedroom 2 13' 5" x 6' 1" Bathroom Extensive Double Glazing Gas Central Heating Off Street Parking
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
FAQ
About Southbury Court, South Street, RM1
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