How much is Avenue Road, Romford?

The starting price is £185,000.

Avenue Road, Romford

2-bedroom flat

527 sq ft

Starting price

£185,000

For saleListed 1 dayAuction 10 Nov · in 21 days

Investor metrics

HMO Article 4 Direction AreaLondon Borough of Redbridge city-wide Article 4 (HMO), The London Borough of Redbridge Houses in Multiple Occupation Article 4 Direction 2018 · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

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About

The property

Guide Price = £185,000+ **For Sale By Public Auction 11th November 2026 09:30 am.

To inspect the legal documents for this property go to our website to download the legal pack** A Vacant First Floor Two Bedroom Flat Tenure Leasehold.

The property is held on a 155 year lease from 29th September 1987 (thus approximately 116 years unexpired ). Location The property is situated on a residential road close to local shops and amenities.

The open spaces of Seven Kings Park are within easy reach. Transport links are provided by Goodmayes underground station (Elizabeth line) and Seven Kings rail station.

Description The property comprises a first floor two bedroom flat situated within a purpose built block arranged over ground and two upper floors.

Accommodation First Floor Reception Room Kitchen Two Bedrooms Bathroom EPC Rating C Addendum Please note that this property is subject to a Buyers Premium of £1,000 inc VAT.

This is in addition to the buyer's admin fee of £1,800 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.

Key information

Price per Square Foot

£351/sq ft

Based on 527.4 sq ft (49 sq m)

Floor Area

527.4 sq ft (49 sq m)

Tenure

Leasehold (116 years)

Local Authority

Redbridge London Boro

London Borough

County

Greater London Authority

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Auction

What is it worth at the hammer?

Auction intelligence

Pro

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Returns

What does it return?

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Rent evidence

Rental benchmark

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Local SA Market

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Archie refurb estimate: a Pro feature

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Investment Disclaimer

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 advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated on auction lots — a guide price is a starting price, not an asking price.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market1 days

4/25

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Seller motivation

Not scored yet

Days on market1

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £185,00019-10-2026

Still activeDay 1 on marketToday

Strategy fit

No strategy scores available yet.

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.