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See how verdicts work5-bedroom house · RM11 2QB
Listing removedReduced £75k (−5.2%) on 20 JunListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Subject to the necessary planning permission, the property offers enormous potential to further extend and develop to provide a wonderful family home. The property has a road frontage of around 58' .
Entry is through an electrically operated gate which leads to parking for many vehicles and to the integral double width garage 20' x 18'4.
Side access leads to the south facing rear gardens which measure around 185' in depth. Laid to lawns with fencing all round.
A large entrance porch leads to a spacious reception hall with oak flooring.
Cloakroom With wc, basin and window to side Lounge 18'3 x 15'5 With oak flooring, windows to the side and rear Dining room / lounge area 21'6 x 9'1 Oak flooring, windows to side and rear, patio doors to the rear garden, sliding patio doors to the sitting room.
Sitting room 21'6 x 14' Oak flooring, brick fireplace, windows to one side, door from the hall Study / dining room 13' x 12' Square bay to the front, laminate flooring, contemporary style radiator.
Kitchen / breakfast room 20' x 13'10 max. The kitchen area is well fitted in a range of walnut style cabinets with marble worktops and marble tiled flooring.
Gas range, sink unit, american style fridge freezer, microwave, plumbing for washing machine and dishwasher, window to the front and window and door to the garden.
First floor landing Airing cupboard, window to the front, oak flooring, loft access Bedroom one 18'6 x 17' Fitted to two walls, window to rear, Bedroom two 12'6 x 11'5 Window to front, oak style wardrobes to one wall Bedroom three 13'1 x 11'10 Window to front, extensive range of fitted wardrobes, chests and worktops Bedroom four 15'6 x 13'8 Window to rear, extensive range of fitted wardrobes and chests Bedroom five 11'1 x 7'7 Windows to rear, currently set up as a study with desk units, cupboards, space and shelving Bathroom Porcelain tile walls and flooring, oval bath, double shower enclosure Vanity unit with cupboards around and mirror above, heated towel rail and window to one side.
Shower room Fully tiled walls and flooring, rectangular vanity unit, double shower enclosure, window to one side.
Note : In my opinion the property ideally lends itself to a large ground floor extension to the provide the big open plan kitchen / dining and family room with bi fold doors to the rear garden that everyone wants today.
This would obviously be subject to the required planning permission. Together with general modernisation and improvements this could provide a fabulous family home with a much higher value.
Having said that, the property is currently in a very good, tidy well kept condition where a purchaser could simply adapt to their own tastes and designs with minimal outlay.
Tenure: Freehold Tax Council Band: G Local Authority: Havering
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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.
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FAQ
About 12, Nelmes Crescent, Hornchurch
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