London Road, Romford RM7
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Lease in excess of 100 years
- Brilliant investment or downsizing opportunity
- Communal courtyard
- Bathroom
- Separate fitted kitchen
- Great location offering walking access to romford town centre
- Studio apartment
- Chain free
Property description
**guide price** £150,000 - £160,000**
Do not miss out on this fantastic first time or investment opportunity! Located within walking distance to Romford Town Centre and Elizabeth line, commuters can find themselves from front door to the city in less than 45 minutes!
This studio was once the loving haven for the current owner who found the location superb! An exterior space to wonder away the evening whilst gazing at Romfords chimney pots is something of a rarity in the setting.
A little bit of tlc and this can be the perfect home for single persons and couples alike. A great yield on offer for investment buyers circa 6.2%
Exterior
Shared communal space, space to be able to hang washing, wooden garden shed, lovely panoramic views of Romford chimney pots, all hard standing.
Entrance Hallway 1.04m x 1.64m
Door to bathroom, door to reception/sleeping area plus door to storage cupboard, security entry phone system, carpeted flooring, coved ceiling, internal windows to both rooms, ceiling light, ceiling affixed smoke detector.
Kitchen 4.85m x 3.33m
Array of eye and base level units with display unit features as well and storage drawers, decorative work surfaces with an inset four ring electric hob and extractor unit over, double glazed UPVC window to the rear aspect, natural wall air vent, tiled splashbacks, wood effect flooring, ceiling light with crane spotlight features, bi-fold doors, space and plumbing for washing machine, sink with 1/2 drainer with mixer tap over.
Living / Bedroom 3.17m x 4.85m
Double glazed UPVC French doors to the rear aspect which leads into a communal garden area with hard standing, large UPVC window to that aspect as well, fitted door to fitted cupboard, internal glass pane door to the hallway space, two ceiling lights, door to kitchen.
Bathroom 1.96m x 2.56m
Three piece suite comprising of pedestal wash hand basin with hot and cold taps over, low level WC with flush handle functionality, bath with telephone style taps and a hand held telephone style attachment, fixed shower pole, fixed shower head holder, shower curtain rail, tiled floors, tiled to full bath enclosure, tiled splashbacks, wall affixed heat extractor unit, wall affixed vanity cabinet, coved ceiling and ceiling light.
EPC band: E
Disclaimer
Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.
Disclaimer
Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations
Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
Property info
Property value data/graphs for RM7
Property type | Avg. current value | Avg. £ per sq ft. | Avg. # beds | Avg. £ paid (last 12m) |
---|---|---|---|---|
Detached | £519,953 | £318 | 3.2 | £537,083 |
Semi-detached | £478,749 | £336 | 3.1 | £446,315 |
Terraced | £423,239 | £316 | 3.0 | £415,152 |
Flats | £281,155 | £365 | 1.7 | £233,236 |
Current asking prices in RM7
Average: £369,601Property type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
---|---|---|---|---|---|
Houses |
£250,000 (1) |
£375,417 (12) |
£467,400 (25) |
£550,500 (9) |
£675,000 (3) |
Flats |
£206,363 (22) |
£282,500 (12) |
£380,000 (2) |
- | - |
All |
£208,261 (23) |
£328,958 (24) |
£460,926 (27) |
£550,500 (9) |
£675,000 (3) |
Current asking rents in RM7
Average: £2,201 pcmProperty type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
---|---|---|---|---|---|
Houses |
£1,250 pcm (2) |
£1,798 pcm (1) |
£2,179 pcm (7) |
£2,448 pcm (7) |
£3,501 pcm (1) |
Flats |
£1,215 pcm (7) |
£2,061 pcm (7) |
£2,251 pcm (2) |
- | - |
All |
£1,222 pcm (9) |
£2,028 pcm (8) |
£2,195 pcm (9) |
£2,448 pcm (7) |
£3,501 pcm (1) |
Fun facts for RM7
Highest value streets | Zed-Index |
---|---|
Burleigh Close | £508,205 |
Laurel Crescent | £452,797 |
Burlington Avenue | £449,920 |
Fernden Way | £449,604 |
Philip Avenue | £448,895 |
Highest turnover streets | Turnover |
---|---|
Susan Close | 40.0% |
Cotleigh Road | 35.3% |
Stanford Close | 33.3% |
Lupin Close | 29.0% |
Blandford Close | 28.6% |
For more information about this property, please contact
Yopa, LE10 on +44 1322 584475 * (local rate)
Monthly running costs Beta
Mortgage
In association withThese results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
Your home or property may be repossessed if you do not keep up repayments on your mortgage.
Energy
Gas £16 Electricity £31 Estimated energy cost £47/moSimilar properties could save up to £139
How Much Could I Save?The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.
Estimated consumption
Gas: 6100 kWh/year
Electricity: 2000 kWh/year
Source: National Energy Efficiency Data Framework
Council Tax
Local authority
Havering
Estimated tax band A Council tax cost £106 /mowhen paid over 10 months
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.
Water
Supply £12 Sewerage £16 Estimated water cost £28 /moWater consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Yopa, and do not constitute property particulars. Please contact Yopa for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.