1/11

2 bed flat for sale Mercury Gardens, Romford, RM1

Guide Price

£260,000

Reduced on 02/10/2026

Type: Flat
Bedrooms: 2
Size: £400 per sq ft
Tenure: Leasehold

Council tax Band D £2,425 a year

Highlights

From the agent's description

Balcony
Concierge
Lift
Residents' gym
En-suite

About this property

Guide Price £260,000 - £270,000 A well-presented 2 bed, 2 bathroom, modern apartment with balcony, located within the Axis development, which offers secure gated living, concierge services and residents' leisure facilities, Located walking distance to R

Guide Price £260,000 - £270,000 The property comprises a spacious open-plan living and dining area, a fitted modern kitchen with integrated appliances, generously sized bedrooms, with an Ensuite and a separate family bathroom. Benefitting a private balcony offering attractive views across the surrounding area.

Floorplan

Council tax

Band D £2,425 a year

Per year

Band A

£1,616
Band B

£1,886
Band C

£2,155
Band D

This 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 2.1 miles

Cheaper than 61% of the 2-bed flats for sale nearby right now.

This home, £260,000 Median £280,000 · £230,000 – £341,000

Per square foot

£400 3% under

2-bed flats nearby £410

Against sold prices

12% under

RM1 sold median £456 / sq ft, 599 sales

Compared with 100 2-bed flats for sale within 2.1 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in RM1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in RM1 →

Location

Mercury Gardens, Romford, RM1

Open map Street View

Mortgage and stamp duty

Property price £260,000

£130k £390k

Deposit10% £26,000

£0 £260k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £234,000 mortgage. Most lenders would want a household income of about £52,000 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
24, Maxim Tower, Mercury Gardens Flat / maisonette	Flat / maisonette	Jan 2026	678 sq ft £386/sq ft	678 sq ft	£386	£261,500
30, Maxim Tower, Mercury Gardens Flat / maisonette	Flat / maisonette	Aug 2025	700 sq ft £347/sq ft	700 sq ft	£347	£243,000
26, Maxim Tower, Mercury Gardens Flat / maisonette	Flat / maisonette	Feb 2024	635 sq ft £436/sq ft	635 sq ft	£436	£277,000
29, Maxim Tower, Mercury Gardens Flat / maisonette	Flat / maisonette	Jan 2024	721 sq ft £348/sq ft	721 sq ft	£348	£251,000
27, Maxim Tower, Mercury Gardens Flat / maisonette	Flat / maisonette	Aug 2019	646 sq ft £403/sq ft	646 sq ft	£403	£260,000
26, Maxim Tower, Mercury Gardens Flat / maisonette	Flat / maisonette	Nov 2018	635 sq ft £402/sq ft	635 sq ft	£402	£255,000
1, Maxim Tower, Mercury Gardens Flat / maisonette	Flat / maisonette	Oct 2018	775 sq ft £342/sq ft	775 sq ft	£342	£265,000
5, Maxim Tower, Mercury Gardens Flat / maisonette	Flat / maisonette	Jun 2017	689 sq ft £426/sq ft	689 sq ft	£426	£293,500