2-bedroom terraced house · RM7 9ES
Sold STCListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***GUIDE PRICE £400,000-£425,000*** Located 0.9 miles to Romford train station is this two-bedroom mid-terraced family home.
To the ground floor the property benefits from an entrance hall which leads to a 24ft living/dining room and an 20ft fitted kitchen with access to the rear garden.
To the first floor the property benefits from a double bedroom with fitted wardrobes, a further single bedroom and a three-piece family bathroom.
The property also benefits from off-street parking to front and a rear garden measuring approximately 71ft.
The property is situated 0.9 miles to Romford station which has Elizabeth Line allowing access to London and as far as Reading.
Romford station also benefits from National Rail Service makes it possible to reach Stratford in just 8 minutes and London Liverpool Street in 17 minutes.
Romford high street hosts an array of shops, bars, restaurants, amusements and shopping centers such as the Brewery, Liberty and Mercury.
Cottons Park which is 0.1 miles away, covers an area of 6.43 hectares and is laid out for sports, including rugby and football.
It also includes a children’s play area, wheeled sports equipment, a multi-use games area, outdoor gym, ornamental shrub beds and grass areas for informal recreation.
There are a number of schools locally including Crowlands Primary School, The Mawney School, St Edward's Church of England School & Sixth Form, All Saints Catholic School and Technology College, Raphael Independent School and more Front of Property Paved to allow for off-street parking Entrance Hall Textured ceiling, radiator, stairs to accommodation, door to accommodation Kitchen Smooth ceiling, double glazed window to rear and side, double glazed patio door to garden, a range of tall and base level units with worktops over, splash back tiles, stainless steel sink with mixer tap & drainer, space for appliances, under stairs storage cupboard Living/Dining Room Smooth ceiling, cornice coving, double glazed window to front and rear, 2 x radiators, laminate flooring Landing Textured ceiling, loft hatch, doors to accommodation Bedroom One Textured ceiling, cornice coving, double glazed window to front, radiator, fitted wardrobes, laminate flooring Bedroom Two Textured ceiling, cornice coving, double glazed window to rear, radiator Bathroom Textured ceiling, cornice coving, double glazed obscure window to rear, panel bath with mixer tap and shower attachment, vanity sink with mixer tap, low level WC, complimentary tiles, heated towel rail, tiled flooring West Facing Rear Garden Measuring approximately 71ft commencing with patio area leading to lawn, timber shed, outside tap, rear access
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.
Area
Agent & docs
FAQ
About Richards Avenue, Romford, RM7
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