1-bedroom flat · RM4 1DF
For saleReduced £10k (−4.3%) on 20 JunListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One Bedroom Top Floor Purpose Built Apartment The Property Boasts A Long 999-Year Lease And Low Service Charges Situated in the charming village of Abridge Ideal Purchase For First-Time Buyers Or Investors Alike An early viewing is highly recommended Bairstow Eves are pleased to offer to the market purpose built one-bedroom top floor apartment.
Situated in the charming village of Abridge. Internally the accommodation is bright and spacious living throughout, along with the added benefit of residents’ parking.
The property boasts a long 999-year lease and low service charges, making it an ideal purchase for first-time buyers or investors alike.
Internally, the naturally light accommodation is well arranged and comprises a generous reception/dining room featuring dual aspect windows, a modern fitted kitchen, a well-proportioned double bedroom, and a bathroom complete with a shower over the bath.
Orchid Close enjoys a peaceful village setting while still offering convenient access to local amenities and transport links.
An early viewing is highly recommended to fully appreciate all that this property has to offer.
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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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 32, Orchid Close, Romford
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