# 1 bedroom apartment for sale (RM2 6PN) ## Property Details | Key | Value | |-----|-------| | Address | 26, MORETON BAY APARTMENTS, 82, SOUTHEND ARTERIAL ROAD, ROMFORD, GREATER LONDON RM2 6PN | | Price | £265,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | C | | Last sold | £250,000 Dec 2022 | ## Description GUIDE PRICE £265,000 - £275,000 Impeccably situated in the heart of the vibrant town, this charming ground floor apartment offers a delightful blend of affordable luxury and convenience. The well-maintained property boasts a spacious bedroom, perfect for relaxation after a long day. The cosy living area exudes warmth and comfort, ideal for unwinding and entertaining guests. Enjoy your morning coffee on the private balcony or take advantage of the off-street parking for added convenience. With its prime location and desirable features, this apartment presents a rare opportunity to own a piece of tranquillity in a bustling town. Don't miss out on the chance to make this your new home sweet home. Contact us today to schedule a viewing and experience the charm of this property for yourself. ## Property Photos - ![Picture No. 01](/listings/photos/172361219/876786) - Picture No. 01 - ![Picture No. 10](/listings/photos/172361219/876788) - Picture No. 10 - ![Picture No. 06](/listings/photos/172361219/876789) - Picture No. 06 - ![Picture No. 02](/listings/photos/172361219/876790) - Picture No. 02 - ![Picture No. 03](/listings/photos/172361219/876791) - Picture No. 03 - ![Picture No. 04](/listings/photos/172361219/876795) - Picture No. 04 - ![Picture No. 05](/listings/photos/172361219/876796) - Picture No. 05 - ![Picture No. 07](/listings/photos/172361219/876798) - Picture No. 07 - ![Picture No. 08](/listings/photos/172361219/876799) - Picture No. 08 - ![Picture No. 09](/listings/photos/172361219/876800) - Picture No. 09 - ![Picture No. 11](/listings/photos/172361219/876801) - Picture No. 11 - ![Picture No. 12](/listings/photos/172361219/876802) - Picture No. 12 - ![Picture No. 13](/listings/photos/172361219/876804) - Picture No. 13 - ![Picture No. 14](/listings/photos/172361219/876806) - Picture No. 14 - ![Picture No. 15](/listings/photos/172361219/876808) - Picture No. 15 ## Floorplans - ![Picture No. 16](/listings/photos/172361219/876811) - Picture No. 16 ## EPC Graphs - ![EPC Rating Graph](/listings/photos/172361219/876812) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | MORETON BAY APARTMENTS, 82 26 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PN | £250,000 | 20/12/2022 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | CARLA COURT, 80 FLAT 8 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PL | £245,000 | 19/12/2025 | Flat | | MAY VILLA, 148 FLAT 2 BELGRAVE AVENUE, GIDEA PARK, ROMFORD, HAVERING, GREATER LONDON, RM2 6HY | £155,000 | 15/12/2025 | Flat | | 13 FERGUSON COURT, ROMFORD, HAVERING, GREATER LONDON, RM2 6RJ | £276,000 | 13/10/2023 | Flat | | CARLA COURT, 80 FLAT 1 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PL | £315,000 | 30/06/2023 | Flat | | 39 FERGUSON COURT, ROMFORD, HAVERING, GREATER LONDON, RM2 6RJ | £255,000 | 12/06/2023 | Flat | | PEMBERLEY APARTMENTS, 9 FLAT 4 GILLIAN CRESCENT, ROMFORD, HAVERING, GREATER LONDON, RM2 6NU | £315,311 | 06/02/2023 | Flat | | MORETON BAY APARTMENTS, 82 41 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PN | £375,000 | 12/01/2023 | Flat | | MORETON BAY APARTMENTS, 82 42 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PN | £370,000 | 19/12/2022 | Flat | | MORETON BAY APARTMENTS, 82 3 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PN | £275,000 | 01/12/2022 | Flat | | MORETON BAY APARTMENTS, 82 25 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PN | £275,000 | 24/11/2022 | Flat | | MORETON BAY APARTMENTS, 82 12 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PN | £360,000 | 18/11/2022 | Flat | | MORETON BAY APARTMENTS, 82 20 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PN | £360,000 | 10/11/2022 | Flat | | MORETON BAY APARTMENTS, 82 8 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PN | £345,000 | 09/11/2022 | Flat | | MORETON BAY APARTMENTS, 82 24 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PN | £350,000 | 21/10/2022 | Flat | | MORETON BAY APARTMENTS, 82 33 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PN | £350,000 | 21/10/2022 | Flat | | PEMBERLEY APARTMENTS, 9 FLAT 15 GILLIAN CRESCENT, ROMFORD, HAVERING, GREATER LONDON, RM2 6NU | £289,000 | 18/10/2022 | Flat | | MORETON BAY APARTMENTS, 82 37 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PN | £335,000 | 14/10/2022 | Flat | | MORETON BAY APARTMENTS, 82 7 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PN | £350,000 | 06/10/2022 | Flat | | MORETON BAY APARTMENTS, 82 30 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PN | £280,000 | 04/10/2022 | Flat | | MORETON BAY APARTMENTS, 82 1 SOUTHEND ARTERIAL ROAD, ROMFORD, HAVERING, GREATER LONDON, RM2 6PN | £275,000 | 30/09/2022 | Flat | **Area average:** £307,516 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £310,868 (19 Flat, RM2, 2024–2026) - **Deviation:** -14.8% ## Rental Range *ONS Price Index of Private Rents (Havering). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,408/mo - **Realistic:** £1,564/mo - **Optimistic:** £1,720/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Outer North East London (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £997/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 1 Bed Flat, Southend Arterial Road, RM11 | £1,250/mo | 1 | 0.47 miles | OpenRent | | 1 Bed Flat, Nico House, RM2 | £1,310/mo | 1 | 0.77 miles | OpenRent | **Average rent: £1,280/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.48% (weak for cashflow) - **Max investor price (0.8%):** £160,000 - **Target investor price (1%):** £128,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,280/mo).* - **Gross yield:** 5.8% - **Cost-to-rent:** 17.3× - **Monthly cashflow:** £83/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 1.3% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 29.6% - **10y growth:** 6.4% ## House Price Index (HM Land Registry) *Official index for Havering; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -1.7% - **5y growth (index):** 5.6% - **10y growth (index):** 18.1% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)