3-bedroom house · RM3 9NJ
No longer listedReduced £100 (−4.8%) on 28 AugListed 83 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A recently refurbished three bedroom mid-terraced house situated on Penrith Road, Romford.
The property has been thoughtfully updated throughout and benefits from a brand new fitted kitchen, spacious lounge/dining room, and a generous north-facing rear garden.
Further benefits include a downstairs WC, three well-proportioned bedrooms, and a family bathroom to the first floor.
Conveniently located close to local shops and amenities, with easy access to the A12 for commuters travelling to and from London. Available now and offered unfurnished.
Lounge / Dining Room (13' 5" x 12' 3") A bright and spacious reception room with wood-effect flooring, a large bay window to the front with feature stained-glass detailing, and a built-in storage/shelving unit.
Kitchen (10' 5" x 9' 7") A brand new fitted kitchen finished with stylish sage green units, wood-effect countertops, marble-effect tiled flooring, integrated oven and hob with extractor hood, and plumbing for a washing machine.
A window to the rear allows plenty of natural light. Downstairs WC (2' 6" x 4' 6") A conveniently located downstairs WC.
Bedroom One (11' 8" x 11' 10") A well-proportioned double bedroom, with fitted wardrobes, grey carpeting, radiator and a window to the front.
Bedroom Two (10' 1" x 13' 9") A further generous double bedroom with grey carpeting, fitted wardrobe space, and a window to the rear with feature stained-glass detailing.
Bedroom Three (8' 10" x 8' 7") A good-sized third bedroom with grey carpeting and window to the rear.
Bathroom (6' 7" x 5' 7") Family bathroom comprising a panelled bath with shower over and screen, wash basin with vanity unit, WC, and fully tiled walls.
Rear Garden 37'5, North Facing A generous north-facing rear garden, mainly laid to artificial lawn with a decked seating area, useful storage shed and space for children's play equipment.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 47, Penrith Road, Romford
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