1/13
£225,000
Flat · 2 beds · 1 bath · 414 sq ft
Mercury Gardens, Romford, RM1
Leasehold
1/17
1/17
2 bed flat for sale Mercury Gardens, Romford, RM1
Asking price
£230,000
Added on 23/09/2026
Added on 23/09/2026
- Type
- Flat
- Bedrooms
- 2
- Tenure
- Leasehold
Council tax Band D £2,425 a year
About this property
IDEAL FIRST HOME
Located within a short walk to Romford town and station. Is this , two bedroom apartment offering concierge service, lift access and is ready for you to move straight into. A few minutes walk to Romford mainline & future Crossrail station, centrally located in the town Centre for the shopping Centre, leisure facilities and entertainment.
Floorplan
Council tax
Band D £2,425 a year
Per year
- Band A£1,616
- Band B£1,886
- Band C£2,155
- Band DThis home: £2,425
- Band E£2,963
- Band F£3,502
- Band G£4,041
- Band H£4,849
This home is in band D, which costs £2,425 a year in Havering for 2026/27.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Havering, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.
Price guide
100 comparables · within 1.8 milesCheaper than 83% of the 2-bed flats for sale nearby right now.
This home, £230,000 Median £277,500 · £220,000 – £325,000
Compared with 100 2-bed flats for sale within 1.8 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.
Location
Mercury Gardens, Romford, RM1
Mortgage and stamp duty
Property price £230,000
£115k £345k
Deposit10% £23,000
£0 £230k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £207,000 mortgage. Most lenders would want a household income of about £46,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 20, Verve Apartments, 5, Mercury Gardens Flat / maisonette | Flat / maisonette | Nov 2025 | 312 sq ft £657/sq ft | 312 sq ft | £657 | £205,000 |
| 32, Verve Apartments, 5, Mercury Gardens Flat / maisonette | Flat / maisonette | Dec 2024 | 484 sq ft £516/sq ft | 484 sq ft | £516 | £250,000 |
| 45, Verve Apartments, 5, Mercury Gardens Flat / maisonette | Flat / maisonette | Nov 2024 | 452 sq ft £498/sq ft | 452 sq ft | £498 | £225,000 |
| 7, Verve Apartments, 5, Mercury Gardens Flat / maisonette | Flat / maisonette | Aug 2024 | 452 sq ft £509/sq ft | 452 sq ft | £509 | £230,000 |
| 4, Verve Apartments, 5, Mercury Gardens Flat / maisonette | Flat / maisonette | Jul 2024 | 484 sq ft £516/sq ft | 484 sq ft | £516 | £250,000 |
| 23, Verve Apartments, 5, Mercury Gardens Flat / maisonette | Flat / maisonette | Feb 2024 | 463 sq ft £539/sq ft | 463 sq ft | £539 | £249,500 |
| 17, Verve Apartments, 5, Mercury Gardens Flat / maisonette | Flat / maisonette | Mar 2023 | 323 sq ft £643/sq ft | 323 sq ft | £643 | £207,500 |
| 36, Verve Apartments, 5, Mercury Gardens Flat / maisonette | Flat / maisonette | Dec 2022 | 484 sq ft £547/sq ft | 484 sq ft | £547 | £265,000 |
Area insights
The neighbourhood around this property.
