32, Langham Drive, Romford, RM6 4TD

Description

Freehold two floor bay fronted mid terrace house requiring modernisation. Accommodation: First floor: Three bedrooms, bathroom/WC Ground floor: Two reception rooms, kitchen, hall Outside: Front and rear gardens

Location

The property is situated on Langham Drive, between its junctions with Barley Lane and Abercorn Gardens. Public transport links include Chadwell Heath Elizabeth Line Station together with a network of local bus services serving the surrounding vicinity. Road links include the A12 Eastern Avenue and the A406 North Circular Road. Shopping amenities can be found locally within Chadwell Heath and Goodmayes with an extensive range of shops, bars and restaurants being found in Romford Town Centre and Ilford Town Centre. Recreational pursuits can be found locally at the open spaces of St Chad’s Park, Goodmayes Park and Valence Park.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £30,000–£65,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Refurbishment & Resale. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Flip: ★★★★☆

BRRR: ★★★☆☆

Buy-to-Let: ★★★☆☆