3-bedroom terraced house · RM6 4HB
Sold STCListed 106 daysAuction 30 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY PUBLIC AUCTION ON THURSDAY, 30TH JULY 2026 AT 12.00PM NOON. LIVE STREAMED VIA DEDMAN GRAY WEBSITE.
BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE RESIDENTIAL INVESTMENT: VACANT FREEHOLD TERRACED HOUSE CLOSE TO CHADWELL HEATH TRAIN STATION CONSIDERED AN IDEAL BUY TO LET INVESTMENT This vacant three bedroom property is located on High Road within walking distance to Chadwell Heath (TFL) Station.
The surrounding area offers an array of amenities, including shops, cafes and restaurants, primary schools and secondary schools.
The property requires some minor refurbishment and is considered an ideal buy to let investment.
Entrance Lounge/Diner - 23'5 x 12'10 Conservatory - 15'5 x 6'9 First Floor Landing Bedroom One - 13'0 x 10'2 Bedroom Two - 8'10 x 6'11 Bedroom Three - 8'6 x 7'9 Shower Room/WC Rear Garden It is considered that the property would achieve a rental income in the region of £2,000 pcm (£24,000 pa) when let.
Interested parties are advised to make their own enquiries. C
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 987 High Road, Chadwell Heath, Romford, Essex, RM6 4HB
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