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Romford, RM5

SOLD STC|£185,000|Flat | 2 bedroom | Leasehold|↑10.45% compared to last sold price
Approximate area: RM5
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Added on 18th August 2025 by Bricks Estate Agents, Buckhurst Hill
Sale agreed after 1 year, 24 days
Summary
Bricks Estate Agents is delighted to present this exceptional newly refurbished two-bedroom apartment located at Prospect Place, Romford, RM5. This property represents an outstanding investment opportunity, offering low service charges and minimal ground rent, ensuring a high return on investment...
Price history
2026 £167,500
  (+97.06%)
2012 £85,000
  (-23.42%)
2007 £111,000
£75k£100k£125k£150k£175k£200k20072012201720222026Asking £185,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 22nd September 2023 - Valid
EPC rating: C
Property age: 1950-1966
EPC energy efficiency rating: current 77, potential 77
Rent data
5 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £1,500 to £1,600 which represents a yield of between 9.7% and 10.4% if buying at the asking price
A yield of 10.8% to 11.5% if purchased for 90% of the asking price (£166,500)
A yield of 12.2% to 13% if purchased for 80% of the asking price (£148,000)
Stamp duty
£
Main and only residence: £1,200.00
First-time buyer: £0.00
Buy-to-let: £10,450.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
None