We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · RM3 9LA
Listing removedReduced £25k (−5.9%) on 3 AugListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Delaney's are pleased to offer this extended three double bedroom family home which benefits from open plan lounge kitchen, off street parking, fully fitted bathroom, double glazing and gas central heating.
This home is perfect for commuters being close to Harold Wood Station with bus links near by.
Council Tax Band: C (London Borough of Havering) Tenure: Freehold Estate Agents Note This property is non standard constuction, mortgage lenders available - Front Garden Off street parking, side gate access to rear garden, double glazed door to porch.
Porch Door to. Hall Stairs to first floor and radiator.
Kitchen/Lounge W: 12' 9" x l: 21' 1" (w: 3.89m x l: 6.43m) Double glazed window to front and rear, radiator, wall units along 2 walls, work surfaces along 2 walls with storage under, integrated gas oven with 4 ring gas hob, integrated washing machine, integrated freezer, bowl drainer sink with taps over, cupboard housing boiler and wood effect flooring.
Landing Stairs to second floor and doors to.
Bathroom W: 8' x l: 11' 4" (w: 2.44m x l: 3.45m) Double glazed window to rear, panel bath with taps and shower over, hand basin with taps over and storage under. Low level w/c and heated towel rail.
Bedroom 1 W: 8' x l: 11' 4" (w: 2.44m x l: 3.45m) Double glazed window to rear, fitted wardrobes and radiator.
Bedroom 2 W: 9' 9" x l: 11' 5" (w: 2.97m x l: 3.48m) Double glazed window to front and radiator.
Landing Doors to Bedroom 3 W: 12' 4" x l: 15' 3" (w: 3.76m x l: 4.65m) Double glazed window, eves storage, skylight to front and radiator.
Garden Decked area with remaining laid to lawn, outside tap, shared side access to rear. Outbuilding W: 8' 3" x l: 15' 2" (w: 2.51m x l: 4.62m)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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
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FAQ
About 73 Colne Drive,, Romford
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