4-bedroom house · RM2 5PH
Sold STCReduced £100k (−9.1%) on 20 JunListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in one of the Gidea Park Exhibition Estate's most desirable turnings is this stunning Four Bedroom Double Detached Home which has been beautifully re-modelled and re-furbished by its existing owners.
The property is approached by a covered gate which opens to the front garden with a pathway leading to the entrance.
Accommodation commences with a Reception Hallway with doors opening to a dual aspect Sitting Room and Further Reception Room that overlook the front aspect.
Overlooking the rear gardens are the open plan Kitchen and Dining Room. Stairs ascend to the first floor with a Cloakroom W.C.
On the return where there are three well-proportioned Bedrooms, the Master having a Dressing Room and En-Suite Shower Room, in addition to the Family Bathroom W.C.
On the upper floor there is the second Bedroom with a further En-Suite and Dressing Room.
To the rear there is a raised Sun Terrace which enjoys an elevated position overlooking the gardens which are mainly lawned with flower and shrub beds to borders and a further patio/hardstanding area at the rear.
Reed Pond Walk is situated just a short distance from Raphael's Park and The Romford Golf Club whilst Gidea Park High Street with its fine selection of local shops, restaurants and pubs is situated at the top of Heath Drive.
Gidea Park Railway Station provides excellent rail links to London Liverpool Street and pending Crossrail Links which makes the area popular with the London commuter.
Council Tax Band: G Tenure: Freehold
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 29 Reed Pond Walk, Romford
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