2-bedroom flat · RM7 0FF
Sold STCListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****GUIDE PRICE £325,000 - £350,000*** • TWO DOUBLE BEDROOMS • FIRST FLOOR APARTMENT • LEASE IN EXCESS OF 100 YEARS • PRIVATE TERRACE • GATED UNDERGROUND PARKING • 0.5 MILES TO ROMFORD ELIZABETH LINE RAILWAY STATION • 0.5 MILES TO ROMFORD TOWN CENTRE • EN SUITE TO MASTER BEDROOM • OPEN PLAN LIVING SPACE • COUNCIL TAX BAND: C Lease Remaining: 108 years.
Service Charge: £244 per calendar month approx. Ground Rent: £340 per annum.
Hallway Smooth ceiling with inset spotlights, security intercom phone system, storage cupboard, cupboard housing boiler, radiator, doors to accommodation, tiled floor.
Lounge / Kitchen / Diner 22' x 13'2. Double glazed patio door to private terrace, smooth ceiling with inset spotlights, part wood effect laminate floor, part tiled floor.
KITCHEN AREA: Matching base and wall mounted units, integrated AEG oven with electric hob and extractor over, integrated fridge / freezer, integrated dishwasher, integrated washing machine, stainless steel sink with drainer and mixer tap over, radiator.
Bedroom One 11'4 x 10'1. Double glazed window to the rear, smooth ceiling, radiator, wood effect laminate flooring. Door to: EN-SUITE: 9'4 x 4'9.
Smooth ceiling with inset spotlights, extractor fan, low level wc, pedestal wash hand basin, shower cubicle, heated towel rail, tiled walls and floor. Bedroom Two 11'5 x 8'9.
Double glazed window to the rear, smooth ceiling, radiator. Bathroom 7'1 x 5'7.
Smooth ceiling with inset spotlights, panelled bath with shower attachment, pedestal wash hand basin, low level wc, extractor fan, fully tiled.
Exterior Private terrace, gated allocated parking. Buyers Information Pack Please see below a link to the Buyers Information Pack / TA Forms: a3bf30a258fd
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 Maxwell Road, Romford, RM7
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