2-bedroom flat · RM3 9NX
For saleListed 316 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An amazing 2 bedroom ground floor apartment situated on a quiet cul-de-sac backing on to Central Park.
The property offers open plan living from the hallway leading to the large lounge living area, curved glass walls, a main double bedroom, and a good size single bedroom, with lovely views over the park, open plan kitchen and family bathroom with large corner bath and shower In addition this property benefits from having no onward chain as well as an extended 144 year generational lease Ideal for a first time buyer or an investor and an internal viewing is highly recommended.
Special features - 2 Curved walls including one glass wall that separates the bathroom and lounge and leads to open plan family living area A large storage cupboard with beautiful curved wall into lounge The incredible extended long 144 year lease is a generational lease, The Beautiful French furniture Can be purchased alongside sale of the property All chandeliers are as included part of sale Modern Washer/dryer also included in sale price A 5 minute drive from the A12 and junction 28 on the M25 The property is also within easy access to Harold Wood Station which links to London Liverpool Street and will be part of Cross Rail.and the Elizebeth Line ****No onwards chain**** Property Ownership Information Tenure Leasehold Council Tax Band C Annual Ground Rent £55.00 Ground Rent Review Period No review period Annual Service Charge £1,780.00 Service Charge Review Period Every 1 year Lease End Date 28/03/2169 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 advisors 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 10, Harkness Close, Romford
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