2-bedroom flat · RM1 4NT
Sold STCListed 543 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newly decorated and carpeted throughout.
Viewings are recommended to fully appreciate the size and space this apartment offers, benefiting from a separate kitchen and living room, as well as two good size bedrooms and a bathroom.
Located close by to local amenities, a variety of schools and transport links with easy access to Romford (Crossrail), Gidea Park and Harold Wood Train Stations.
Being offered for sale with no onward chain, an ideal investment or first time purchase.
Council Tax Band: B (Havering Council) Tenure: Leasehold (102 years) Ground Rent: £0 per year Service Charge: £0 per year Hall 1.867m x 8.806m Carpeted flooring, painted walls, ceiling light, radiator and UPVC front door.
Lounge 3.373m x 5.789m Carpeted flooring, painted walls, ceiling light, radiator, UPVC double glazed window.
Kitchen 1.316m x 3.275m Vinyl flooring, painted walls with tiled splashbacks, ceiling light, wooden units, single sink and integrated oven and hob.
Bathroom 1.885m x 1.877m Vinyl flooring, tiled walls, ceiling light, radiator and UPVC double glazed window with obscure glass.
Bedroom 1 2.097m x 4.732m Carpeted flooring, painted walls, ceiling light, radiator and UPVC double glazed window.
Bedroom 2 2.985m x 3.322m Carpeted flooring, painted walls, ceiling light, radiator and UPVC double glazed window.
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 Rise Park Parade, Eastern Avenue East, Romford
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