Verve Apartments, 5 Mercury Gardens, Romford, RM1
YO

Verve Apartments, 5 Mercury Gardens, Romford, RM1

By YOUR MOVE Stewart & Co

£ 220,000

Reviews

2 out of 5 stars

YOUR MOVE Stewart & Co says ..

Your Move is delighted to offer to the market this charming one bedroom apartment. The property has been beautifully maintained by the current owner. This is the ideal first time purchase or buy let investment. The property comprises of a double bedroom with built in wardrobes, open plan kitchen/...

Property Oracle says ..

This one-bedroom apartment in Romford’s Verve Apartments presents a modern and well-maintained living space. The interior photos show a clean, contemporary design with a relatively open-plan kitchen and living area. The bathroom is also modern and functional. The building itself appears modern with the convenience of lift access. The property benefits from a central location in Romford, with proximity to transport links and various schools. However, the lack of any outdoor space or garden is a key drawback. The apartment’s square footage is relatively small, and the list price may reflect the higher prices seen in other nearby properties. The provided listing mentions the property is ideal for first-time buyers or buy-to-let investors, indicating that the property is likely to attract a strong investor interest. Further comparative market analysis, including detailed price per square foot data for comparable apartments, would be needed for a complete valuation.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
300.96

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
320,556.00 £
Decreased by 21.24 %
from 407,014.00 £
Est sale value
117,073.44 £
Decreased by 14.32 %
from 136,635.84 £
Average area rental value
1,673.00 £/mo
Decreased by 4.18 %
from 1,746.00 £/mo
Est letting value
601.92 £/mo
Increased by 100.00 %
from 300.96 £/mo
Est rental Yield
6.26 %
Increased by 21.55 %
from 5.15 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • YOUR MOVE Stewart & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Bep AcademyOther Independent SchoolGood0.27 KM
St. Kilda Children'S CentreChildren's Centre0.31 KM
St Edward'S Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood0.97 KM
St Peter'S Catholic Primary SchoolVoluntary Aided SchoolOutstanding1.12 KM
Gidea Park Primary SchoolCommunity SchoolGood1.13 KM

Images

Front Concierge Kitchen/Living Area Kitchen/Living Area Kitchen/Living Area Kitchen/Living Area Kitchen/Living Area Bedroom Bedroom Bathroom Bathroom Front

Nearby Streets

NameAverage PriceAverage SqftDistance
Ducking Stool Court £ 240,00000.00 KM
Brewery Walk £ 000.00 KM
The Brewery Walk £ 275,00000.00 KM
The Mews £ 275,00000.00 KM
A118 £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Romford6886RMF0.42 KM
Gidea Park6877GDP2.27 KM
Emerson Park7473EMP3.91 KM
Harold Wood6879HRO5.49 KM
Chadwell Heath6874CTH6.39 KM

Nearby Listings

AddressPriceTypeScoreDistance
Verve Apartments, 5 Mercury Gardens, Romford, RM1 £ 220,000BUY5 / 100.00 KM
5, Mercury Gardens, Romford, RM1 £ 270,000BUY6 / 100.00 KM
Mercury Gardens, ROMFORD £ 250,000BUY6 / 100.00 KM
Mercury Gardens, Romford, RM1 £ 250,000BUY5 / 100.01 KM
Mercury Gardens, Romford, RM1 £ 240,000BUYUnknown0.01 KM

Nearby Properties

AddressPriceDistance
46 Western Road £ 150,0000.19 KM
44 Western Road £ 148,0000.19 KM
68 Western Road £ 300,0000.22 KM
72 Western Road £ 308,0000.22 KM
74 Western Road £ 362,5000.22 KM