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See how verdicts work3-bedroom terraced house · RM3 9XR
No longer listedListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £380,000 - £430,000.
An excellent opportunity to purchase this three-bedroom terraced home, ideally situated on Settle Road and offering approximately 964 sq ft of well-proportioned living accommodation arranged over two floors.
The property offers excellent scope for extension, subject to the necessary consents, and provides a practical layout ideal for modern family living.
Its convenient location places a range of everyday amenities within easy reach, including local shops and supermarkets, while Romford town centre is also nearby, offering a wider selection of shopping, dining and leisure facilities.
This property would make an ideal purchase for first-time buyers or buy-to-let investors, offering well-proportioned accommodation in a convenient and well-connected location.
The ground floor comprises a good-sized hallway, a comfortable living room ideal for relaxing with the family and enjoying a film, with ample space for a dining area where the family can sit down together and enjoy meals.
The well-appointed kitchen features a range of fitted base units. To the first floor, there are three good-sized bedrooms, along with the family bathroom suite.
Externally, the property benefits from a low-maintenance rear garden, while to the front there is potential for off-street parking, subject to the normal consents Local Area Settle Road is ideally positioned for convenient family living, with everyday amenities, local shops and supermarkets available nearby, while Romford town centre offers a wider choice of shopping, dining and leisure facilities.
For commuters, Harold Wood Elizabeth Line station is within easy reach, providing fast and convenient connections into central London and beyond.
The area is also well served by local bus routes, with road links providing access towards Romford, Brentwood and the surrounding areas.
Families are well catered for with a choice of nearby schools, including Drapers' Pyrgo Priory School, Mead Primary School, Drapers' Maylands Primary School and Drapers' Academy, subject to the usual admissions and catchment criteria.
The surrounding area also benefits from plenty of green space, with Harold Wood Park offering sports facilities, open space and opportunities for outdoor recreation.
Combining practical amenities, excellent transport links, nearby schools and access to green space, this is a well-connected location for modern family life.
Tenure: Freehold Council Tax Band: C Local Authority: Havering
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 24, Settle Road, Romford
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