2-bedroom terraced house · RM5 3HB
Sold STCListed 289 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
On the ground floor there is an entrance hall that leads into a bright living room at the front of the house.
There is space here for two large sofas and a media unit, with the chimney breast providing a natural focal point for a fireplace or potential media wall.
Across the back of the house is a full width kitchen and dining room that looks out over the garden.
A large table and chairs sit comfortably to one side, leaving a clear zone for family meals or entertaining friends.
The kitchen area has plenty of wall and base units along with generous worktop space, so a buyer planning a new kitchen has a good footprint to work with.
A door from here opens directly to the garden which works well in the warmer months.
Upstairs feels particularly spacious with the main bedroom at the front of the house and will fit a king size bed, bedside tables and wardrobes with ease.
The second bedroom at the back is also a very good size double and would work perfectly as a guest room or a childs room with space for storage and a desk.
The current shower room is larger than average and could comfortably be reconfigured back to a bathroom with a separate shower if preferred.
Lawns Park is only moments away which is ideal for dog walking or letting the children run around.
Parklands Primary School is approximately 0.8 miles away, Clockhouse Primary is about 1 mile away and Romford town centre with its shops, restaurants and Elizabeth line station is around 2.3 miles from the property.
Buyers should be aware that this is a non standard construction house which was originally built as a PRC property and has since been upgraded with a brick exterior under an approved repair scheme.
It is therefore considered mortgageable by many mainstream lenders subject to their usual criteria and the relevant certification being in place.
Living Room: 13'8 x 13'1 Kitchen/Diner: 16'10 x 10'2 Bedroom 1: 15'9 x 12' Bedroom 2: 12'4 x 10'4 Shower Room / WC Rear Garden 60' approx Off Street Parking Chain Free Near to: Lawns Park - 0.1 miles Clockhouse Primary School - 1 miles - Parklands Primary School - 0.
miles - Romford Rail Station - Elizabeth Line - 2.3 miles Hainault Underground Station - Central Line - 4.4 miles
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.
Area
Agent & docs
FAQ
About Horndon Road, Romford
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