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 · RM3 8YW
Listing removedListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This three bedroom terraced maisonette presents an excellent opportunity for investors, offered for sale via Secure Sale with the benefit of immediate exchange of contracts.
The property is sold with tenants in situ, providing a ready-made investment in a popular residential area of Harold Hill, Romford.
Arranged over the ground floor, the maisonette offers well-proportioned accommodation including a spacious reception room, a separate kitchen and dining area, and a convenient ground floor W/C.
Upstairs, there are three bedrooms and a family bathroom. The layout is practical and functional, with neutral décor throughout, making it easy to personalise or maintain as a rental property.
The property is ideally located for access to local schools, amenities, and transport links, making it a desirable choice for tenants and owner-occupiers alike.
Externally, the maisonette benefits from private outdoor space. The rear garden is mainly laid to lawn, offering potential for landscaping or creating a low-maintenance outdoor retreat.
There is direct access from the kitchen to the garden, as well as secure boundary fencing for privacy.
The front of the property features an attractive approach with pathway access and communal green spaces nearby, enhancing the sense of community within this established neighbourhood.
Ample on-street parking is available for residents and visitors.
With its combination of functional indoor living space and private outdoor areas, this maisonette represents a compelling investment opportunity in a sought-after part of Romford.
Early viewing is recommended to appreciate the full potential of this property.
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non-refundable reservation fee of up to 4.5% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
EPC Rating: C Garden (10.87m x 5.00m) Disclaimer Every care has been taken with the preparation of these particulars but they are for general guidance only.
The company has not tested any equipment, appliances or services and buyers and tenants should satisfy themselves as to their condition.
The measurements, floor plans and photographs are provided as guidance only and must not be relied upon for valuation or other purposes.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 4 Trowbridge Road, Romford
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