5-bedroom house · RM11 3JE
For saleListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is set well back from the road and has a frontage of around 72' To the front there is an in and out driveway around a central lawn.
The driveway provides off road parking for many vehicles and leads to a double width garage with electric door.
In all the plot measures around one third of an acre, having an overall depth of around 260' which tapers to the rear.
A point of note is that the rear garden has frontage into freeman way, which, although wouldn't be wide enough to develop a separate property, does provide rear access where perhaps a building ancillary to the main house could be built, subject of course to the necessary planning permission.
The reception hall measures 16'8 x 13'9 and provides access to extended living accomodation incorporating a comfortable sitting room 28'4 x 13'5, an extended lounge/dining room 38'8 x 19'9 max.
And an open plan, what would be kitchen/family room 26'7 x 21'8> 14'9 The ground floor accomodation could of course be completely rearranged if necessary to suit someone's own requirements.
There is also a ground floor cloakroom. To the first floor there are five bedrooms and two bathrooms.
In recent years the property has been extended but never completed cosmetically, leaving a blank canvass in various parts.
In addition, subject to planning, this is a fabulous opportunity for someone to create their wonderful home and add value to the property.
Tenure: Freehold Tax Council Band: H Local Authority: Havering
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
Agent & docs
FAQ
About 17, Ernest Road, Hornchurch
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