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 work2-bedroom bungalow · RM5 3YD
For saleListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price: £425,000 - £450,000 - Nestled in a quiet residential cul-de-sac in RM5, Merlin Gardens offers a fantastic opportunity for buyers seeking single-level living in a convenient and well-connected location.
The property is well placed for local shops and everyday amenities around Collier Row, with Romford town centre within easy reach for a wider choice of shopping, dining and leisure facilities.
Commuters also benefit from access to Romford Station and the Elizabeth Line into London, while nearby green spaces including Lodge Farm Park, Bedfords Park and Havering Country Park offer excellent options for walks and time outdoors.
The home has been lovingly maintained and offers a warm, practical layout with plenty of natural light.
To the front is a spacious and inviting living room, while the second bedroom is currently arranged as a dining room, giving flexibility depending on the buyer’s needs.
The separate kitchen leads through to a sun-drenched dining area, creating a pleasant everyday space for meals, with the peaceful sun room providing the perfect spot to unwind overlooking the garden.
Externally, the property enjoys an approx. 50ft rear garden, along with useful side access.
Offered with no onward chain, this charming bungalow presents excellent potential for its next owner and is ideal for downsizers, first-time buyers or anyone looking for a well-kept home in a sought-after Romford location.
Early viewing is highly recommended Disclaimer Keystones Property also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Disclaimer: Information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 16, Merlin Gardens, Romford
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