3-bedroom detached house · RM5 2LB
Sold STCListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Guide Price £500,000 - £525,000 * • NEW BUILD • THREE BEDROOM • DETACHED • MASTER BEDROOM WITH EN-SUITE • GROUND FLOOR WC • OFF STREET PARKING FOR MULTIPLE VEHICLES • 27' OPEN PLAN LIVING AREA • 58' REAR GARDEN Entrance Hall Smooth ceiling, radiator, double glazed window to flank, stairs to first floor accommodation with understairs storage.
Ground floor wc Smooth ceiling, obscure double glazed window to front, low level wc, sink unit.
open plan kitchen/living area 27'x14'8 Smooth ceiling, double glazed door to rear, double glazed window to each flank, a range of eye and base level units with work surfaces over, Beko oven and hob with extractor fan, Neff dishwasher, Beko washing machine, Beko fridge freezer, two radiators.
first floor landing Smooth ceiling, double glazed window to flank, storage cupboard. Bedroom one 11'5x11'1 Smooth ceiling, radiator, double glazed window to front.
EN-SUITE: Low level wc, radiator, sink unit with mixer tap, shower cubicle with rain style and hand held shower, obscure double glazed window to front.
Bedroom two 13'x7' Smooth ceiling, radiator, double glazed window to rear. Bedroom three 11'7x11'4 Smooth ceiling, radiator, double glazed window to rear.
Bathroom Smooth ceiling, low level wc, obscure double glazed window to flank, smooth ceiling with mixer tap, bath with mixer tap and rain style with hand held shower, extarctor fan.
L shape garden 58'x26'>14' Patio, laid lawn, side access. front of property Off street parking for three vehicles.
Agents Note Please note that some of the images are virtually staged for marketing purposes only.
Value & comps
No previous sales on record.
Returns
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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 Lodge Lane, Romford, RM5
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