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See how verdicts work3-bedroom flat · RM6 5HP
Listing removedListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £230,000 to £250,000A three bedroom purpose built flat with balcony Lease: 121 years approx Ground rent: £10 per annum Service charge: The annual service charge is £5888.68 includes reserve fund contribution included into this of £3818.69 and buildings insurance.
Situated on the first floor of this purpose-built ex-local authority block, this spacious apartment offers some of the most generous accommodation available for its type.
Accessed via a secure communal entrance, the property provides well-proportioned rooms throughout, ideal for comfortable living. Upon entering the property, the hallway offers useful built-in storage.
The bright and spacious lounge provides an excellent living and entertaining area, with doors leading out onto a private balcony - perfect for enjoying your own outdoor space.
The kitchen is fitted with a range of wall and base units and provides space for freestanding appliances.
The principal bedroom is a large double room featuring built-in storage, while the second bedroom is also a generous double.
The third bedroom is a well-sized single room, capable of accommodating a double bed if required, and benefits from a Juliet balcony with door access.
The bathroom is fitted with a three-piece suite including a bath. Externally, residents can enjoy extensive communal lawned gardens surrounding the block.
Presented in good condition throughout, the property would make an ideal first-time purchase or an excellent rental investment.
The Local Area Longhayes Avenue is located within Marks Gate, a popular area forming part of Chadwell Heath.
The location is well served by three local bus routes and benefits from a convenient parade of nearby shops just around the corner.
For commuters, the A12 is a short drive away, providing excellent road links into London and beyond.
The nearby area of Hainault offers access to beautiful forest areas and recreational spaces, ideal for outdoor activities.
A local park with a children’s play area is located adjacent to the block, while Rose Lane Primary School is conveniently situated just a three-minute walk away, making this an ideal location for families.
Council Tax: Band B EPC band: D Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact.
All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement.
We use a specialist third party service together with an in-house compliance team to verify your information.
The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
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
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.
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FAQ
About 70, Longhayes Avenue, Chadwell Heath
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