Chain-free buy-to-let one bedroom close to Romford station, ideal for investors.
Large lounge/diner 17' x 15' with bay window
Double bedroom 13' x 11' — generous proportions
Sold with tenant on AST at £1,200 pcm (no chain)
Recently refurbished interior; kitchen still dated
Electric storage heating; electric main fuel
Leasehold with c.85 years remaining
Service charge £265pa; ground rent £100pa
Solid brick walls assumed without insulation (energy works needed)
A well-proportioned one-bedroom leasehold apartment with its own entrance and large living space, offered chain-free and currently let on an AST. The lounge/diner (17' x 15') and double bedroom (13' x 11') give genuinely roomy accommodation for the size, and the property has just been refurbished to a neutral, minimalist finish.
Location is practical for renters and commuters: about one mile from Romford train station, with fast broadband and excellent mobile signal. Running costs are modest — council tax band B, below-average service charge (£265pa), and a small ground rent (£100pa) — and there is no flood risk.
Important considerations: the flat runs on electric storage heaters and has solid brick walls assumed without insulation, so energy efficiency could be improved with investment. The kitchen shows dated fittings and would benefit from modernization. The lease has approximately 85 years remaining and the property is sold with a sitting tenant paying £1,200pcm, which suits investors but limits vacant possession.
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