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 · RM2 6QH
Listing removedListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a generous plot within one of Gidea Park's most prestigious and rarely available cul-de-sacs, this handsome three-bedroom detached residence offers a rare opportunity to acquire a character home brimming with original charm and exceptional potential to modernise, remodel and extend (subject to the necessary planning permissions).
The striking Tudor-style façade creates an impressive first impression, whilst internally the property retains a wealth of period features including beautiful wood panelling, leaded light windows and a magnificent entrance hall that showcases the home's character.
The spacious accommodation comprises a bright living room with bay window, generous rear lounge overlooking the garden, kitchen, ground floor cloakroom/WC and a welcoming reception hall.
A substantial garage measuring approximately 27'8" in length provides excellent storage, workshop space or future conversion potential (STPP).
To the first floor are three well-proportioned double bedrooms, a family bathroom, separate WC and useful storage cupboards.
Outside, mature front and rear gardens provide privacy and ample outdoor space for entertaining or family life.
The generous plot offers excellent scope for enlargement, making this an exciting opportunity to create a truly outstanding family home.
Edward Close is an exclusive cul-de-sac within the sought-after Gidea Park Area, ideally positioned for Gidea Park Elizabeth Line Station, local schools, Raphael Park, David Lloyd Leisure Centre and convenient access to the A12, A127 and M25.
Homes in this location are seldom available, making this a fantastic opportunity for buyers seeking both character and potential.
Entrance Hall WC Living Room 4.55m (max) x 4.01m Lounge (15' 3" x 12' 8") Kitchen (16' 4" x 8' 10") First Floor Landing Bedroom (14' 11" x 13' 2") Bedroom (12' 10" x 13' 3") Bedroom (15' 10" x 8' 4") Bathroom (6' 4" x 8' 3") Garage (27' 8" x 12' 9")
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
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FAQ
About 5, Edward Close, Gidea Park
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