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See how verdicts work2-bedroom house · RM12 4TE
Sold STCListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain Free! This well presented retirement apartment is offered chain free and located in an extremely sought after retirement development for the over 60's.
This immaculate and spacious ground floor apartment is conveniently located with bus routes to both Romford and Hornchurch Town Centre's.
The apartment is reached via communal door with entry phone system.
The living accommodation incorporates a spacious reception hall with access to all rooms, a generous lounge/diner with large windows to the front and a window to the side providing ample natural light.
There is a fitted kitchen with window, fitted base and eye level units, worktops and integrated appliances.
The principal bedroom is spacious with ample room for furniture, built in wardrobes and window to side aspect. Bedroom two is a good size room with window to side aspect.
Furthermore there is a four piece bathroom suite with a larger than average shower, low level w/c and wash hand basin.
Throughout the property there is gas fired central heating via radiators and triple glazing to ensure the property is peaceful.
The development itself incorporates a large communal lounge and kitchen, a House Manager is on site 5 days a week and there is a built-in 24 hour managed emergency system.
There is also a guest suite which can be booked for £20.00 per night. Externally there are well tended communal grounds and gardens together with gated and residents car parking.
Council Tax Band: D Tenure: Leasehold (110 years) Ground Rent: £395 per year Service Charge: £4,252 per year
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
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FAQ
About Pell Court, Hornchurch
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