We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · RM7 9BN
Listing removedReduced £25k (−7.7%) on 23 JulListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** guide price £325,000 - £350,000 ** • no onward chain • spacious three bedroom ground floor apartment • communal gardens • main family bathroom with additional W/C • secure gated parking • open plan kitchen / living area • gas central heating • boasting in excess of 900 sq ft living accommodation • within close proximity to romford town centre • council tax band: C Service Charge: £995.70 per quarter Ground Rent: £350 per annum Lease Remaining: 235 years approx Entrance Hall 16'3 x 8'1 at the widest points.
Smooth ceiling with inset spotlights, utility cupboard, radiator, video intercom system, doors to accommodation. Bathroom 6'9 x 6'6.
Smooth ceiling with inset spotlights, heated towel rail, sink with mixer tap, low level wc, bath with mixer tap and wall mounted shower. Bedroom One 15'8 x 10'6.
Double glazed windows to the rear, smooth ceiling with inset spotlights, radiator, fitted wardrobes.
Bedroom Two 15' x 8'4, Double glazed windows to the rear, smooth ceiling with inset spotlights, radiator. Bedroom Three 14'9 x 8'4.
Double glazed window to the rear, smooth ceiling with inset spotlights, radiator. WC 6'6 x 3'5. Smooth ceiling with inset spotlights, radiator, sink with mixer tap, low level wc.
Open Plan Living / Kitchen Area 23'4 x 17'3 at the widest points.
Double glazed doors to the rear, smooth ceiling with inset spotlights, two radiators, eye and base level units with worksurfaces over, integrated four ring gas hob, extractor over, space for fridge / freezer, integrated dishwasher, one and a half sink drainer unit with mixer tap, integrated Electrolux grill, integrated Electrolux oven.
Exterior Allocated parking for one vehicle, communal gardens. Buyers Information Pack Please see below a link to the Buyers Information Pack / ta Forms: A15c42f5cb2e
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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 Flat 6, Autumn Court,, Spring Gardens, Romford
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