2 Bed Flat, Planning Permission, Romford, RM1 3HN, £300,000





ValuationFair Value
Sold Prices | £102K - £870K |
Sold Prices/m² | £3.5K/m² - £5.8K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £4.4K/m² |
Value Estimate | £303,708£303,708 |
Investment Opportunity
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £75,000£75,000 |
Stamp Duty & Legal Fees | £18,700£18,700 |
Total Cash In | £93,700£93,700 |
| |
Cash Out | |
Rent Range | £1,400 - £2,250£1,400 - £2,250 |
Rent Estimate | £1,556 |
Running Costs/mo | £1,269£1,269 |
Cashflow/mo | £287£287 |
Cashflow/yr | £3,448£3,448 |
ROI | 4%4% |
Gross Yield | 6%6% |
Local Sold Prices
49 sold prices from £102K to £870K, average is £270K. £3.5K/m² to £5.8K/m², average is £4.5K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£230K | 03/21 | 0.1 mi | Flat 10, Chartwell Place, Junction Road, Romford, Greater London RM1 3BF | - | - | 2 | Flat | |
£285K | 09/21 | 0.1 mi | Flat 12, Chartwell Place, Junction Road, Romford, Greater London RM1 3BF | - | - | 2 | Flat | |
£285K | 07/21 | 0.1 mi | Flat 4, Chartwell Place, Junction Road, Romford, Greater London RM1 3BF | - | - | 2 | Flat | |
£268K | 11/22 | 0.13 mi | Flat 3, Upward Court, Junction Road, Romford, Greater London RM1 3QN | - | - | 2 | Flat | |
£305K | 06/21 | 0.16 mi | 26a, Gilbert Road, Romford, Greater London RM1 3BX | £5,446 | 56 | 2 | Flat | |
£210K | 09/21 | 0.18 mi | Flat 18, Longdon Court, Junction Road, Romford, Greater London RM1 3QY | - | - | 2 | Flat | |
£320K | 08/23 | 0.21 mi | Flat 24, Hill Court, Main Road, Romford, Greater London RM1 3DA | - | - | 2 | Flat | |
£268K | 10/23 | 0.21 mi | Flat 8, Hill Court, Main Road, Romford, Greater London RM1 3DA | - | - | 2 | Flat | |
£280K | 05/23 | 0.23 mi | Flat 7, Raphael Court, Pettits Lane, Romford, Greater London RM1 4SE | - | - | 2 | Flat | |
£276.5K | 02/23 | 0.23 mi | Flat 9, Raphael Court, Pettits Lane, Romford, Greater London RM1 4SE | - | - | 2 | Flat | |
£310K | 01/21 | 0.29 mi | 40, Malt House Place, Romford, Greater London RM1 1AR | £3,605 | 86 | 2 | Flat | |
£225K | 04/24 | 0.29 mi | Western Court, Flat 8, Chandlers Way, Romford, Greater London RM1 3JR | £4,412 | 51 | 2 | Flat | |
£232K | 11/22 | 0.29 mi | Flat 7, Western Court, Chandlers Way, Romford, Greater London RM1 3JR | - | - | 2 | Flat | |
£266K | 05/21 | 0.3 mi | 3a, Carlton Road, Gidea Park, Romford, Greater London RM2 5AA | £5,249 | 51 | 2 | Flat | |
£325K | 03/23 | 0.31 mi | 11, Lodge Avenue, Romford, Greater London RM2 5AB | £5,026 | 65 | 2 | Flat | |
£280K | 02/23 | 0.34 mi | 55, Malt House Place, Romford, Greater London RM1 1AR | £4,681 | 60 | 2 | Flat | |
£249K | 03/23 | 0.35 mi | Flat 7, Aishah Lodge, Aveley Road, Romford, Greater London RM1 4GF | - | - | 2 | Flat | |
£272K | 02/21 | 0.42 mi | 58, Monkwood Close, Romford, Greater London RM1 2NQ | £4,459 | 61 | 2 | Flat | |
£270K | 02/21 | 0.42 mi | 45, Monkwood Close, Romford, Greater London RM1 2NQ | £5,000 | 54 | 2 | Flat | |
£258K | 04/21 | 0.42 mi | 43, Monkwood Close, Romford, Greater London RM1 2NQ | £4,373 | 59 | 2 | Flat | |
£258K | 07/23 | 0.42 mi | 70, Monkwood Close, Romford, Greater London RM1 2NQ | £4,691 | 55 | 2 | Flat | |
£240K | 12/23 | 0.42 mi | 37, Monkwood Close, Romford, Greater London RM1 2NQ | £3,810 | 63 | 2 | Flat | |
£177K | 06/23 | 0.42 mi | Flat 12a, Victoria House, Victoria Road, Romford, Greater London RM1 2JS | - | - | 2 | Flat | |
£102K | 12/20 | 0.42 mi | Flat 5, Allender Court, Riverside Close, Romford, Greater London RM1 1EF | - | - | 2 | Flat | |
£170K | 06/23 | 0.43 mi | 26c, Albert Road, Romford, Greater London RM1 2PJ | £3,542 | 48 | 2 | Flat | |
£870K | 09/21 | 0.43 mi | 5, Albert Mews, Romford, Greater London RM1 2PD | - | - | 2 | Flat | |
£200K | 11/20 | 0.43 mi | Flat 19, Victoria Court, Victoria Road, Romford, Greater London RM1 2NU | - | - | 2 | Flat | |
£105K | 09/23 | 0.45 mi | Flat 8, Brant Court, Riverside Close, Romford, Greater London RM1 1EG | - | - | 2 | Flat | |
£270K | 12/21 | 0.45 mi | Flat 17, Brant Court, Riverside Close, Romford, Greater London RM1 1EG | - | - | 2 | Flat | |
£273K | 11/22 | 0.45 mi | 1, Romside Place, Romford, Greater London RM7 7EE | £4,475 | 61 | 2 | Flat | |
£277K | 12/21 | 0.45 mi | 6, Romside Place, Romford, Greater London RM7 7EE | £4,385 | 63 | 2 | Flat | |
£300K | 05/23 | 0.47 mi | Flat 12, Calder Court, Riverside Close, Romford, Greater London RM1 1EN | - | - | 2 | Flat | |
£275K | 11/20 | 0.47 mi | Flat 2, Calder Court, Riverside Close, Romford, Greater London RM1 1EN | £4,508 | 61 | 2 | Flat | |
£279K | 03/21 | 0.48 mi | 22, Heath Park Court, Romford, Greater London RM2 5UA | £4,310 | 65 | 2 | Flat | |
£270K | 01/21 | 0.48 mi | 14, Heath Park Court, Romford, Greater London RM2 5UA | £4,392 | 61 | 2 | Flat | |
£275K | 10/22 | 0.48 mi | 10, Heath Park Court, Romford, Greater London RM2 5UA | £4,311 | 64 | 2 | Flat | |
£265K | 09/21 | 0.49 mi | Flat 2, Graveney Court, Riverside Close, Romford, Greater London RM1 1EZ | - | - | 2 | Flat | |
£270K | 06/21 | 0.49 mi | Flat 8, Graveney Court, Riverside Close, Romford, Greater London RM1 1EZ | - | - | 2 | Flat | |
£320K | 06/21 | 0.49 mi | 24, Tudor Drive, Romford, Greater London RM2 5LH | - | - | 2 | Flat | |
£355K | 03/23 | 0.5 mi | 48, Tudor Drive, Romford, Greater London RM2 5LH | - | - | 2 | Flat | |
£155K | 07/23 | 0.5 mi | Flat 35, Gibson Court, Regarth Avenue, Romford, Greater London RM1 1AJ | - | - | 2 | Flat | |
£315K | 10/21 | 0.53 mi | 9a, Tudor Drive, Romford, Greater London RM2 5LJ | - | - | 2 | Flat | |
£325K | 08/21 | 0.53 mi | 7, Tudor Drive, Romford, Greater London RM2 5LJ | £5,804 | 56 | 2 | Flat | |
£325K | 03/21 | 0.53 mi | 5, Tudor Drive, Romford, Greater London RM2 5LJ | £5,676 | 57 | 2 | Flat | |
£290K | 02/21 | 0.53 mi | 7a, Tudor Drive, Romford, Greater London RM2 5LJ | £5,088 | 57 | 2 | Flat | |
£285K | 05/23 | 0.57 mi | Flat 59, Tolbut Court, Lennox Close, Romford, Greater London RM1 2DY | - | - | 2 | Flat | |
£225K | 12/20 | 0.59 mi | 67, Princes Road, Romford, Greater London RM1 2SP | £4,018 | 56 | 2 | Flat | |
£270K | 01/21 | 0.59 mi | 236a, North Street, Romford, Greater London RM1 4QD | £4,655 | 58 | 2 | Flat | |
£225K | 10/23 | 0.59 mi | 87, Princes Road, Romford, Greater London RM1 2SP | £3,516 | 64 | 2 | Flat |
Local Rents
50 rents from £1.4K/mo to £2.3K/mo, average is £1.7K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,800 | 09/24 | 0 mi | - | 2 | Flat | |
£1,650 | 10/24 | 0 mi | - | 2 | Flat | |
£1,750 | 07/24 | 0 mi | Lexicon Apartments, Mercury Gardens, Romford, RM1 | 2 | Flat | |
£1,650 | 07/24 | 0.02 mi | Mercury Gardens, Romford | 2 | Flat | |
£1,650 | 07/24 | 0.02 mi | Mercury Gardens, Romford | 2 | Flat | |
£1,600 | 07/24 | 0.03 mi | Mercury Gardens, Romford, RM1 | 2 | Flat | |
£1,600 | 08/24 | 0.03 mi | EMAIL ONLY, do not call as you will be asked to email in any way.Mercury Gardens, Romford | 2 | Flat | |
£1,650 | 09/24 | 0.03 mi | Index Apartments, Mercury Gardens, Romford | 2 | Flat | |
£1,600 | 07/24 | 0.03 mi | Central Romford | 2 | Flat | |
£1,695 | 04/25 | 0.04 mi | - | 2 | Flat | |
£1,600 | 07/24 | 0.11 mi | Nayland Court, Market Place, Romford, Essex, RM1 | 2 | Flat | |
£1,695 | 07/24 | 0.11 mi | Market Place, Romford, Essex, RM1 | 2 | Flat | |
£1,700 | 08/24 | 0.11 mi | Nayland Court, Market Place, Romford, Essex, RM1 | 2 | Flat | |
£1,700 | 08/24 | 0.11 mi | Market Place, Romford, RM1 | 2 | Flat | |
£2,250 | 08/24 | 0.11 mi | Lofthaus, 47a Market Place, Romford, RM1 | 2 | Flat | |
£1,700 | 08/24 | 0.12 mi | Nayland court, Romford, RM1 3EF | 2 | Flat | |
£1,600 | 08/24 | 0.12 mi | Nayland Court, Romford, RM1 | 2 | Flat | |
£1,850 | 07/24 | 0.12 mi | - | 2 | Flat | |
£1,600 | 08/24 | 0.12 mi | - | 2 | Flat | |
£1,400 | 10/23 | 0.13 mi | Subhaan House - Junction Road - RM1 | 2 | Flat | |
£1,700 | 08/24 | 0.13 mi | Western Road, Romford, RM1 | 2 | Flat | |
£1,700 | 07/24 | 0.17 mi | Oaklands Avenue, ROMFORD | 2 | Flat | |
£1,850 | 04/25 | 0.17 mi | - | 2 | Flat | |
£1,600 | 08/24 | 0.18 mi | Hazeleigh House - Romford - RM1 | 2 | Flat | |
£1,715 | 08/24 | 0.18 mi | Mercury Gardens, Romford, RM1 | 2 | Flat | |
£1,715 | 08/24 | 0.18 mi | - | 2 | Flat | |
£1,715 | 09/24 | 0.18 mi | - | 2 | Flat | |
£2,000 | 02/25 | 0.18 mi | - | 2 | Flat | |
£1,400 | 07/24 | 0.18 mi | Verve Apartments Mercury Gardens Romford Essex | 2 | Flat | |
£1,825 | 01/24 | 0.19 mi | - | 2 | Flat | |
£2,000 | 04/25 | 0.19 mi | - | 2 | Flat | |
£1,595 | 07/24 | 0.19 mi | Verve Apartments, Romford, Essex, RM1 | 2 | Flat | |
£1,400 | 10/23 | 0.19 mi | Verve Apartments - Romford - RM1 | 2 | Flat | |
£1,650 | 08/24 | 0.19 mi | Verve Apartments, Romford, RM1 | 2 | Flat | |
£1,695 | 08/24 | 0.21 mi | Market Link, Romford, RM1 | 2 | Flat | |
£1,525 | 08/24 | 0.22 mi | South Street, Romford, Essex, RM1 | 2 | Flat | |
£1,550 | 07/24 | 0.23 mi | St. Edwards Way, Romford, RM1 | 2 | Flat | |
£1,850 | 08/24 | 0.23 mi | Eldon Court, Romford, RM1 | 2 | Flat | |
£1,850 | 09/24 | 0.23 mi | Eldon Court, Romford, RM1 | 2 | Flat | |
£1,850 | 09/24 | 0.23 mi | - | 2 | Flat | |
£1,600 | 07/24 | 0.23 mi | Raphael Court, Romford, London, RM1 | 2 | Flat | |
£1,550 | 07/24 | 0.24 mi | Raphael Court, Pettits Lane, Romford, RM1 | 2 | Flat | |
£1,900 | 03/25 | 0.24 mi | - | 2 | Flat | |
£2,000 | 04/25 | 0.24 mi | - | 2 | Flat | |
£1,950 | 07/24 | 0.25 mi | - | 2 | Flat | |
£1,400 | 02/25 | 0.25 mi | - | 2 | Bungalow | |
£1,825 | 11/24 | 0.25 mi | - | 2 | Flat | |
£1,795 | 02/25 | 0.25 mi | - | 2 | Flat | |
£2,000 | 11/24 | 0.25 mi | - | 2 | Flat | |
£1,850 | 08/24 | 0.25 mi | - | 2 | Flat |
Local Area Statistics
Population in RM1 | 20,05320,053 |
Population in Romford | 124,481124,481 |
Town centre distance | 0.55 miles away0.55 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.38 miles away0.38 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +12%+12% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +31%+31% |
Property History
Listed for £300,000
March 7, 2025
Floor Plans

Description
- A beautifully presented and fantastic size two bedroom second floor apartment located in the heart of Romford +
- Lovingly maintained by the current owner who purchased the property brand new in 2007 when constructed by the reputable Barratt Homes +
- Excellent size living space throughout +
- Inviting entrance hallway with secure intercom entry system +
- Lovely size lounge/diner with access to a balcony providing glorious views +
- Modern kitchen +
- Stunning family bathroom and en-suite shower room +
- Two good size bedrooms with the master boasting an en-suite shower room and second bedroom also provides access to the balcony +
- Long lease of approximately 138 years remaining, 24 hour concierge and a well equipped residents gym +
- Allocated parking space with secure electric gated access +
GUIDE PRICE £300,000 - £325,000.
Welcome to Zetex Apartments, a beautifully presented second-floor flat located in the heart of Romford. This impressive two-bedroom apartment, constructed in 2007 by the esteemed Barratt Homes, has been lovingly maintained by its current owner who purchased the property brand new.
As you enter, you are greeted by a spacious and inviting hallway, complete with a secure intercom entry system for added peace of mind. The open-plan lounge and dining area is a highlight of the property, offering a generous living space that is perfect for both relaxation and entertaining. This area also boasts a delightful balcony, where you can enjoy glorious views and fresh air.
The modern kitchen is well-equipped and complements the living space beautifully. The master bedroom is a true retreat, featuring a stunning en-suite shower room that adds a touch of luxury. The second bedroom is also a good size and conveniently provides access to the balcony, making it a versatile space for guests or family.
With a long lease of approximately 138 years remaining, this apartment also includes an allocated parking space with secure electric gated access, ensuring convenience and security. Residents benefit from a 24-hour concierge service and a well-equipped gym, all accessible via fob entry.
Situated in an excellent location, this property offers easy access to a variety of amenities, making it an ideal choice for those seeking a vibrant lifestyle in Romford. This flat is not just a home; it is a lifestyle opportunity waiting to be embraced.
Enter the building via secure intercom entry. Welcoming communal entrance hall with stairs and lift access.
Entrance hall gives access to all rooms. Storage cupboard.
Bedroom one 19'4 max x10'2 wrap around double glazed window.
En-suite comprises larger than average shower, wash hand basin and WC. Heated towel rail. Part tiling to walls. Tiled flooring.
Bedroom two 12'0 max x 9'1 access is given to balcony.
Bathroom comprises white panel bath fitted with shower and glass splash screen door. Wash hand basin and WC. Part tiling to walls. Tiled flooring. Heated towel rail.
The heart of the home is the spacious lounge/diner/kitchen 22'7 max x 12'1 double glazed sliding door opens onto balcony with far reaching views. Wooden style flooring.
Kitchen offers a range of white high gloss wall and base mounted units with matching storage drawers. Work surfaces housing sink drainer. Electric hob, oven, extractor hood, dishwasher, washing machine and fridge/freezer to remain. Continuation of flooring.
Balcony is the perfect seating area to enjoy views.
Further Details:
Gated parking with fob access
Nest Home Heating
Communal Gym for residents with fob access
24/7 Concierge with lift access
Allocated numbered parking space
2nd floor apartment
Council Tax Band: D
Local Authority: Havering
Length of Lease: 138 years remaining
Ground Rent: £240.00
Annual Service Charge: £3,200
Disclaimer: Lease details, service charges, ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. All verification of property details should be made by your legal representative for the purchase of the property to ensure that all information including but not limited to; Tenure, lease information, parking facilities, planning permission and building regulations is accurate and correct.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as guide to prospective buyers only and are not precise.
Floorplans where included may not be to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Romford is a large town in East London and the administrative centre of the London Borough of Havering. It is located 14.1 miles northeast of Charing Cross and offers easy access to A13/M25 road links. Romford market is one of the oldest markets, ideal for shopping or grab a bite to eat in the fabulous indoor shopping centre. Queen's Hospital was built on the site of the former Oldchurch Park, a short distance south of the town centre.
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