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3 bed flat for sale Collier Row Road, Romford, RM5

Guide Price

£240,000

Added on 03/10/2026

Type: Flat
Bedrooms: 3
Bathrooms: 1
Size: £286 per sq ft
Tenure: Ask agent; 116 years left(from the agent's description)

Service charge £200 a yearNo ground rent (peppercorn) Council tax Band C

* From the agent's description. Check it with them before you rely on it.

Key features

3 bed apartment
Leasehold, 116 years left on the lease
Service charge £200 per annum
Ground rent £0
EPC - C
Council tax band - C
No Chain

About this property

Please Quote LB1153 For all Enquiries

TENANT IN SITU – INVESTMENT OPPORTUNITY

Spacious 3-Bedroom Split-Level Maisonette

This spacious first-floor split-level three-bedroom maisonette in the heart of Collier Row presents an excellent investment opportunity, being sold with a tenant already in situ. The property provides generous accommodation arranged over two floors and is currently producing healthy rental income per calendar month through a local letting agency.

Floorplan

Council tax

Band C

Location

Collier Row Road, Romford, RM5

Open map Street View

Mortgage and stamp duty

Property price £240,000

£120k £360k

Deposit10% £24,000

£0 £240k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £216,000 mortgage. Most lenders would want a household income of about £48,000 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.