1-bedroom flat · RM11 3XY
For saleReduced £2.5k (−2.1%) on 22 JunListed 187 days
Opportunity summary
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About
Description Superbly located within a stones throw of Hornchurch High Street is this one bedroom retirement apartment which is available for over 60's and offered with no onward chain.
In brief, the communal entrance with lift leads to the third floor entrance.
The reception hall provides access to living accommodation incorporating a lounge/diner 15'4" x 10'6", fitted kitchen 7'4" x 5'5", bedroom 12' x 8'9" and family shower room/WC.
Throughout the property there is electric heating and double glazing. Externally, to the front there is residents parking and to the rear there are landscaped communal gardens.
A personal viewing is absolutely essential. Entrance Entrance door with entry phone system leads to the communal hallways with lift leading to the third floor apartment.
Reception hall Entry phone system. Storage cupboard storing the hot water cylinder. Coved ceiling. Lounge/diner 15'4" X 10'6" Double glazed window to the rear. Storage radiator. Coved ceiling.
Electric fire with surround. Wall lights. Open plan through to the kitchen.
Kitchen Comprehensively fitted with a range of cupboards and drawers beneath work surfaces with matching eye level units above. Inset sink unit.
Built-in oven and four ring electric hob with extractor above. Space for fridge/freezer. Bedroom 12' X 8'9" Double glazed window to the rear. Coved ceiling. Storage radiator.
Fitted wardrobe cupboards with mirrored doors. Shower room/WC White suite comprising low level WC, wash hand basin with vanity beneath and shower cubicle with glazed door. Tiled walls. Extractor.
Chrome heated towel rail. Communal facilities & benefits The property benefits from a communal lounge, laundry room and a full time site manager.
Each property is also equipped with emergency pull strings to each room. We also understand there is a guest suite which can be rented on a nightly basis.
Exterior To the front of the property there is a residents car park with pathways leading to the landscaped and extremely well presented communal garden areas with seating.
To property is also a stones throw away from Hornchurch High Street and local bus routes.
Agents note We understand from the current vendor that the Lease was 125 years from 1987 with approximately with 86 years unexpired.
The Service Charge is approximately £2,256.84 per annum, and the Ground Rent is approximately £440.00 per annum. All details of which must be verified by any interested party's legal representative.
Ref No. 5708-26. EPC B. Council Tax Band C. Tenure: Leasehold
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 45, Goldsmere Court, Hornchurch
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