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See how verdicts work4-bedroom house · RM1 4XP
Sold STCListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented four-bedroom detached chalet bungalow is situated in a quiet cul-de-sac location and is offered with no onward chain.
Although requiring some modernisation, the property offers generous and versatile accommodation throughout. The deceptively spacious entrance hallway provides ample room for use as a study area.
To the rear, a bright and airy L- shaped lounge/dining room over looking the garden, complemented by an additional reception room offering flexible living space.
The ground floor also benefits from a kitchen/breakfast room, a double bedroom, and a family bathroom. To the first floor, there are three further well-proportioned bedrooms served by a shower room.
Additional features include extensive double glazing and gas central heating. Externally, the property boasts a mature rear garden, a garage, and off-street parking to the front.
Ideally located within close proximity to Rise Park, Risebridge Golf Course, as well as local shops and schools, this home offers excellent potential in a sought-after residential setting.
Council Tax Band F EPC F Entrance Hall 12' 6" x 9' 8" Kitchen 13' 5" x 8' 2" Lounge 15' 6" x 10' 7" Dining Room 14' 8" x 8' 4" Reception Room 12' 4" x 12' 9" Bedroom 4 10' 5" x 11' 6" Ground Floor Bathroom Bedroom 1 11' 8" x 10' 1" Bedroom 2 13' 7" x 9' 10" Bedroom 3 10' 1" x 8' 7" Shower Room
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
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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 Tay Way, Romford, RM1
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