RM1 1EF - 2 bed riverside ground flat in Riverside Close, RM1 1EF

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2 bedroom flat for sale in Riverside Close, Romford, RM1

Summary - ALLENDER COURT FLAT 2 RIVERSIDE CLOSE ROMFORD RM1 1EF

2 bed 1 bath Flat

Shared-ownership 40% stake near station ideal for first-time buyers.
Ground-floor two-bedroom apartment, approximately 700 sq ft.
Shared ownership: 40% of £110,000; 100% buyable at £275,000.
Rent on remaining 60%: £610.26 pcm; service charge approx. £2,153/year.
106 years remaining on lease — adequate but check lender criteria.
Allocated off-street parking; 0.6 miles to Romford station (commuting access).
Electric storage heaters; double glazing; modern post-2007 construction.
Area: above-average crime and classified as deprived — consider security.
Fast broadband and excellent mobile signal; good nearby schools.
This ground-floor two-bedroom apartment in Allender Court offers a practical first step onto the property ladder close to Romford station. The bright lounge, modern fitted kitchen and neutral décor mean you can move in quickly and personalise as you wish. Allocated off-street parking and a compact, well-laid-out 700 sq ft footprint suit buyers seeking low-maintenance urban living.

The property is offered as a shared ownership 40% share of £110,000, with the option to purchase 100% at a full market value of £275,000. Rent on the remaining 60% is currently £610.26 pcm; there is an average service charge of £2,153 per year and 106 years remaining on the lease — factors to budget for alongside mortgage and rent payments.

Practical considerations are straightforward: electric storage heaters, double glazing and recent construction (post-2007) keep maintenance needs modest, while the area’s fast broadband and excellent mobile signal suit home-working. However, the local area has above-average crime rates and is classified as deprived, so buyers should assess neighbourhood suitability and security needs.

Nearby schools rated Good and the short 0.6 mile walk to Romford station make this a sensible option for commuting first-time buyers or those considering a rental investment. The apartment’s condition and layout present modest potential for cosmetic improvement to increase future resale value.

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