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 house · RM7 7BS
Listing removedListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****** guide price £375,000 - £425,000 ****** chain free! If you are looking for a good size property that you can make into your family dream home then this may be just what you are looking for.
Perfect location, quiet road close to all amenities. The ground floor offers a good size through lounge, with feature fireplace, high ceilings and open doorway to the kitchen .
Fitted kitchen with door to the inner lobby area then door to the ground floor w.c.. There is also a conservatory with door to it from the kitchen.
On the first floor you have 2 double bedrooms and the family bathroom with 4 piece suite. Good size rear garden of approx.
46’ which is mainly paved for low maintenance with small border garden of established trees and plants. There is also a feature fishpond.
The property is in need of updating throughout but is a super project or first home that you can put your mark on and make it yours.
Perfectly located close to good schools, shops, transport links and Romford Town Centre plus Market.
Romford Station is close by for trains into London and also Heathrow via the Elizabeth Line - ideal for first-time buyers, up and downsizers and investors.
Don’t miss out - this is an absolute little Gem! ****** guide price £375,000 - £425,000 ****** Entrance Entrance. Entrance to property from the front via small porch area. Electric meter housing.
Open plan to the hallway with stairs to first floor and access to ground floor accommodation.
Fitted carpet Through Lounge / Diner (24'5" x 14’2") Through Lounge: 24'5" x 14’2": Double glazed bay window to front aspect. Chimney breast with feature fire place.
Single glazed window to inner lobby area. Fitted carpet. High ceilings typical of period homes. Small under-stair cupboard housing gas meter. Wall paper to most walls with dado rail. 2 x Radiators.
Texture ceiling with ornate ceiling roses and 2 x pendant lighting Kitchen (11’3” x 9’4”) Kitchen: 11’3” x 9’4”. Windows over-looking lean-to / inner lobby.
Single glazed door to inner lobby and also to the conservatory. Ample wall and base units. Space for washing machine and fridge/freezer. Combi boiler. Integrated electric oven and gas grill. Gas hob.
Stainless steel 1.5 bowl sink with mixer tap and drainer. Tiled walls and floor.
Beamed ceiling with pendant lighting Inner Lobby/Leanto (7’7” x3’3”) Inner Lobby/Lean-to 7’7” x3’3”: Double glazed high level windows to side aspect. Door to ground floor W.C. Radiator.
Tile flooring Ground Floor W.C (3’9” x 3’3”) Ground Floor W.C.: 3’9” x 3’3”. Double-glazed high-level window to side aspect. Low level W.C. Hand basin with mixer tap. Tiled floor.
Wall lights Conservatory (11’2” x 7’3”) Conservatory: 11’2” x 7’3”. Double glazed French doors to rear garden. Tile floor.
Radiator First Floor (14’9” x 4’11”) First Floor Staggered Landing: 14’9” x 4’11”. Access to bedrooms and bathroom. Fitted carpet.
Access to loft Bathroom (11'2" x 8'3") Bathroom: 11'2" x 8'3": Siongle glazed window to rear aspect. Panel bath with mixer tap and shower over. Separate Shower cubicle. Hand basin with storage under.
Low level W.C. Built in storage cupboard. Fully tiled to walls and floor. Radiator. Tiled ceiling with center light Bedroom 1 (14'3" x 13'4") Bedroom 1: 14'3" x 13'4".
Double glazed bay window to front aspect. Fitted wardrobes. Fitted carpet. Radiator. Texture ceiling with pendant light Bedroom 2 (11'3" x 8'10") Bedroom 2: 11'3" x 8'10".
Single glazed window to rear aspect. Fitted wardrobes. Fitted carpet. Radiator. Texture ceiling with coving. 2 x wall lights Outside: Rear Garden (Approx. 46’).
Low maintenance rear garden which is mainly paved with a small border garden that is home to established trees, shrubs and flowers. Feature fishpond. A good space that is easy to maintain.
Front: Small walled garden with established hedge. Parking: On street permit parking. Location Super location in a quiet road, close to shops, schools and excellent transport links.
Walk to Romford for its shopping center, market and Station for trains into London or Heathrow via the Elizabeth Line. Super location for city communters.
The property is in need of updating and has huge potential to add value. Council Tax: C – EPC D – Total floor area : 82m2 - 882 ft2 Chain Free !
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 16, Oak Street, Romford
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