Located within the highly sought-after Papermill House development, this beautifully presented one-bedroom apartment offers contemporary living just a short walk from Romford Station and the town centre’s array of shops, restaurants, and amenities.
The property boasts a bright and spacious 20ft open-plan kitchen/living area, complete with high-gloss cabinetry, integrated appliances, and oak plank-style flooring throughout, creating a sleek and modern aesthetic. The large windows flood the space with natural light, enhancing the welcoming, airy feel.
The double bedroom offers generous proportions and features ample storage. The modern shower room is finished to an excellent standard with marble-effect tiling, a walk-in shower, and chrome fittings.
Residents of Papermill House enjoy a range of on-site benefits, including a concierge service, lift access, and the use of a spacious communal roof terrace offering panoramic views across Romford and beyond. The property also comes with the added convenience of allocated gated parking.
This apartment is chain-free, making it an ideal purchase for first-time buyers, professionals, or investors seeking a low-maintenance home in a prime location.
Local Area
Papermill House is an ideal choice for young first-time buyers and commuters, sitting just 13 minutes’ walk from Romford’s brand new Crossrail station. From there, Elizabeth line trains transport passengers directly into Central London and further afield to destinations west of the capital such as Heathrow Airport and Reading.
Romford’s main shopping district is only 16 minutes’ walk from the development, where residents can enjoy The Brewery Shopping Centre, the town’s historic market, and a wide selection of shops, restaurants, bars, and nightclubs.
Set within the London Borough of Havering and with the rolling Essex countryside just a short drive away, Romford offers the perfect blend of suburban comfort and semi-rural tranquillity, making it a fantastic location to live and invest in.
Other Information...
Parking Arrangements: Allocated gated parking
Vendor's position: Chain Free
Council Tax Band: C (£2,056 p/yr) - Single person discount applicable
Tenure: Leasehold 995 years remaining
Service Charge: £2500 per annum (includes building insurance)
Access: Lift and ramped access
Utilities
Water: Mains water connected to the property
Electricity: Property connected to mains electricity
Drainage: Mains & surface water drainage connected to the property
Windows: Double-glazing
Mobile coverage: Voice & Data likely - We recommend buyers check the Ofcom checker
Broadband (estimated download speeds): Ultrarfast 1800 Mbps
Tenure : Leasehold
Council Tax Band : C
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 0 | ||
| £125k to £250k | 2 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 3 | ||
| £125k to £250k | 5 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £300k | 0(2/5)* | ||
| £300k to £500k | 5 | ||
| £500k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
