We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · RM5 2NA
For saleReduced £20k (−4.4%) on 29 AugListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire this three-bedroom family home located in a popular residential area of Romford, offered to the market with no onward chain.
Situated on Gelsthorpe Road, RM5, this well-positioned property offers spacious and versatile accommodation extending to approximately 1,161 sq.
Ft., including a welcoming living room, separate reception/dining room, and a generously sized 16'10" x 14'4" kitchen, providing an excellent space for family living and entertaining.
To the first floor are three well-proportioned bedrooms and a family bathroom, making the property ideal for growing families, first-time buyers, or investors alike.
A standout feature of the home is the substantial double garage measuring approximately 18'1" x 17'11", accessed via rear vehicular access, offering excellent parking, storage, workshop space, or potential for a variety of uses (subject to any necessary consents).
The property is conveniently located within easy reach of local shops, schools, transport links, and nearby parkland, providing a practical and family-friendly setting.
Offering excellent potential for a purchaser to personalise and add value, this attractive home combines space, convenience, and future possibilities in a sought-after residential location.
Early viewing is highly recommended to fully appreciate the accommodation, double garage, and potential this property has to offer.
"Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead." This home is positioned within access of road networks including the A12, A127 and M25.
Rail links to London can be found at Romford on the Elizabeth Line or Hainault on the Central Line. Nearby there are schools, shops and other amenities.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 10, Gelsthorpe Road, Romford
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