2-bedroom flat · RM3 9BS
Listing removedListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £225,000 - £250,000. Discover this beautifully presented two double bedroom top floor flat, offering an exceptional living experience in a convenient location.
Upon entering, you are greeted by a thoughtfully decorated interior, UPVC double glazed windows and gas central heating, ensuring a comfortable and warm atmosphere throughout the year.
The reception room, light and inviting, provides a perfect space for relaxation and entertaining. The fully fitted kitchen is a dream and caters to all your cooking needs.
The property boasts two generously sized double bedrooms, offering peaceful retreats. The modern bathroom is well-maintained, providing a clean and functional space.
One of the standout features of this flat is the south-facing balcony, an ideal spot to enjoy the sunshine and unwind.
Additionally, residents benefit from communal parking and access to impressive communal grounds that are meticulously kept, offering green spaces to enjoy.
For families, the location is highly advantageous, with a brisk stroll leading to Harold Hill Central Park, Leisure and Community Centre.
The property is also within the catchment area for Drapers Infant, Primary, and Secondary Schools.
Commuters will appreciate the excellent transport links, including easy access to the M25, A12, and A127 motorway network.
Harold Wood train station, with its Elizabeth Line service, is just a 5-minute drive away, offering convenient connections.
This home offers not just comfort and convenience, but also an incredibly affordable ground rent of just £10 per year. 121 years remaining on lease and £1733 per year service charge.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About Northampton House,6, Broseley Road, Romford
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