5-bedroom house · RM1 4TG
Sold STCReduced £25k (−3.3%) on 9 JulListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the Rise Park area of Romford, this beautifully presented detached home sits in a popular cul de sac setting and offers plenty of space for a growing family.
With five generous double bedrooms, three bath and shower rooms, an integral garage with potential for conversion, subject to the usual consents, an unoverlooked rear garden backing onto an open meadow, and ample parking for multiple vehicles, this is a large and versatile home with a lot to offer.
Inside, the house is arranged over three floors and has been kept to a very good standard throughout.
The ground floor includes a bright front dining room, a spacious reception room to the rear with doors opening onto the garden, and a modern fitted kitchen with island unit and a glazed roof section that brings in plenty of natural light.
There is also a ground floor WC, while the integral garage provides useful storage or secure parking, along with further potential for the future.
On the first floor, there are three double bedrooms, including a principal bedroom with its own en suite and dressing area, along with a family bathroom.
The second floor adds two further large double bedrooms and another bathroom, making the layout ideal for larger families, guests, or anyone needing extra room for working from home.
Outside, the rear garden is a real feature. It is well maintained, unoverlooked and backs onto an open meadow, giving the property a pleasant outlook and a good sense of privacy.
There is a decked seating area, patio and lawn, offering space for both entertaining and day to day family use. To the front, the property provides ample off street parking for multiple vehicles.
Rise Park remains popular with families thanks to its residential feel, local shops and access to parks and schools.
Wallace Way is also well located for road connections including the A12, A127 and M25, while local bus routes provide access into Romford town centre and Romford station.
From there, the Elizabeth Line offers convenient links into Central London and Heathrow Airport.
EPC Rating: C Reception Room (6.23m x 3.30m) Dining Room (3.5m x 2.3m) Kitchen (5.13m x 3.77m) Bedroom (5.72m x 3.90m) En-Suite Shower Room (2.82m x 1.52m) Bedroom (3.38m x 3.30m) Bedroom (3.30m x 2.75m) Bathroom (2.9m x 2.8m) Bedroom (6.73m x 3.00m) Bedroom (4.72m x 3.30m) Bathroom (2.50m x 1.63m) Garage (5.41m x 2.61m) Garden (12m x 18m) Parking - Driveway
Value & comps
No previous sales on record.
Returns
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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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About 15 Wallace Way, Romford
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