2-bedroom bungalow · RM1 4NP
Sold STCReduced £25k (−5.6%) on 27 AugListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** guide price £450,000 - £475,000 ** • two bedroom semi detached bungalow • two reception rooms • 23ft lounge • off street parking • 66ft rear garden • 9ft kitchen • 12ft master bedroom • council band: C Front Of Property Off street parking for one vehicle, door to entrance hall Entrance Hall Textured ceiling, cornish coving, loft hatch Kitchen 9'9x8'9 Textured ceiling, eye and base level units with work surfaces over, single sink and drainer unit with mixer tap Dining Room 9'4x9'2 Textured ceiling, cornice coving, radiator, double glazed window to rear Lounge 23'7x10'4 Smooth ceiling, cornice coving, two radiators, double glazed sliding doors to rear Bedroom One 12'4x10'4 Textured ceiling, cornice coving, double glazed window to front, radiator Bedroom Two 8'9x8'6 to widest point Smooth ceiling, radiator, double glazed window to flank Bathroom Smooth ceiling, obscure double glazed window to front, low level w/c, sink unit with mixer tap, bath with mixer tap, shower cubicle with wall mounted shower Garden 66ft, patio area, laid lawn, side access Buyers Information Pack Please see below a link to the Buyers Information Pack /ta Forms: A1ebe1ecb
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 142, Parkside Avenue, Romford
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