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See how verdicts work1-bedroom flat · RM3 9TJ
Sold STCListed 474 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD SALES CHAIN! Northwood are pleased to present for sale this One bedroom First Floor Flat situated in Lodden House, Leamington Close, Harold Hill.
The property comprises of a Double Bedroom, Spacious living room, Kitchen and Bathroom as well as a balcony providing the added benefit of outdoor space!
In accordance with Section 21 of the Estate Agents Act 1979, we declare that there is a personal interest in the sale of this property.
The vendor is related to a Director of Northwood Southend Ltd T/A Northwooc Clacton. EPC rating: D.
Tenure: Leasehold, Length of lease (remaining): 87 years 2 months, Kitchen 8'2" x 12'2" (2.49m x 3.71m) Fitted Kitchen with wall and base level units, sink and drainer, grey roll top work surfaces, tiled splash back, pantry, double glazed UPVC window to front elevation and Grey Lino Flooring Lounge 12'2" x 14'7" (3.71m x 4.44m) Double Glazed UPVC Window to rear elevation, Electric Storage Heater, Cupboard Housing Water Cylinder, Wood effect Flooring and Door Leading to Balcony.
Hallway 6'2" x 7'7" (1.88m x 2.31m) Secure Entry Phone System, Electric, storage heater, meter cupboard and Wood Effect Flooring.
Bathroom Three piece suite consisting of low level WC, Bath with shower attachment and Sink Basin. Tiled Walls, Obscure double glazed window to front elevation and grey lino flooring.
Bedroom 11'6" x 10'0" (3.51m x 3.05m) Electric Panel Radiator, wood effect flooring and double glazed UPVC window to rear elevation.
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
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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 (SALES) Leamington Close, Romford, RM3
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