2-bedroom flat · RM3 0FH
For saleReduced £25k (−6.7%) on 3 SepListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Chain free! Situated within close proximity of Harold Wood Station is this modern ground floor two bedroom two bathroom flat.
The property benefits from an open plan fitted kitchen, lounge with terrace area, bedroom with fitted wardrobes, bathroom, gas central heating and allocated parking. Viewing is highly recommended.
Council Tax Band: C (London Borough of Havering) Tenure: Leasehold (297 years) Ground Rent: £364 per year Service Charge: £3,000 per year Entrance Double glazed front door to hall.
Hall Radiators, built-in cupboard housing utility space, wood flooring and doors to: Kitchen/Lounge W: 13' 6" x l: 22' 3" (w: 4.11m x l: 6.78m) A range of wall and base units with work surfaces over and fitted units below, integrated oven, microwave and hob with extractor fan, integrated fridge freezer and dishwasher and tiled floor.
Double glazed doors to balcony area and radiator Bedroom 1 W: 9' 9" x l: 13' 9" (w: 2.97m x l: 4.19m) Double glazed window to front, radiator, built-in mirrored wardrobes and door to ensuite.
En-Suite W: 9" x l: 5' 9" (w: 0.23m x l: 1.75m) Shower/shower screen, low level WC, built-in wash hand basin with mixer tap over, part tiled walls, heated towel rail and tiled floor.
Bedroom 2 W: 8' 8" x l: 11' (w: 2.64m x l: 3.35m) Double glazed window to front and radiator.
Bathroom W: 5' 9" x l: 8' 2" (w: 1.75m x l: 2.49m) Panelled bath with mixer tap over, low level WC, built-in wash hand basin with mixer tap over, part tiled walls, heated towel rail and tiled floor.
Balcony Patio area
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
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FAQ
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