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See how verdicts work4-bedroom house · RM2 5RL
For saleReduced £25k (−3%) on 11 SepListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** ideal family home with scope to develop in sought after location on the border of exhibition estate in gidea park. 85 ft rear garden. Off street parking.
Chain free ** * guide price: £800,000 - £850,000 * OC Homes are delighted to present to the sales market, this wonderful four-bedroom family home located on Netherpark Drive on the border of the sought after Exhibition Estate in Gidea Park, RM2.
The property has been a family home for many years and is well maintained throughout with potential to extend to the rear and into the loft (STPP) and make a dream family home.
It is ideally located with lots of local amenities, and within easy reach of Gidea Park Station (Elizabeth Line) and is the perfect family home with scope for improvement.
Accommodation comprises; Ground floor - entrance hallway, garage space, ground floor w/c, reception room, second reception room, a spacious modern kitchen/ dining area, and third larger reception room to the rear, which leads out to a well-maintained 85ft private garden.
The first floor boasts four bedrooms (master with en-suite shower room) and a three-piece family bathroom suite, as well as access to a sizeable loft space which has scope to be converted and create a large bedroom with en-suite (STPP).
Externally there is a well maintained garden to the rear, as well as off-street parking to the front.
The property is situated ideally for easy access into London with a choice of transport links and also boasts many local amenities including shops, restaurants, gyms and green spaces all within easy reach.
To arrange a viewing exclusively through OC Homes, please call the sales team now.
Location The property is located on Netherpark Drive on the border of the sought after Exhibition Estate in Gidea Park, and is situated in an ideal area with a host of transport links and local amenities.
It is a short drive to Gidea Park Station, making it ideal for commuters into London with services into Liverpool Street within half an hour.
The Elizabeth Line from Gidea Park also facilitates direct access into Tottenham Court Rd, Paddington, and onto Heathrow Airport.
There are a number of local amenities including shops, bars and restaurants on the surrounding roads such as Main Road- There are a choice of local schools including some Ofsted Outstanding rated Primary schools and highly regarded Secondary schools within the local catchment area as well as choice of local parks and leisure facilities, with it being a short stroll from the picturesque Raphael Park.
Tenure Information Freehold Council Tax: Havering Band F £3342
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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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.
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FAQ
About 32, Netherpark Drive, Essex
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