37, Ferguson Avenue, ROMFORD, Essex, RM2 6RD

Description

Freehold semi detached bungalow requiring updating, Full vacant possession 3D Tour: Click Here Location: The property is situated on Ferguson Avenue, opposite its junction with Montrose Avenue. Public transport links include Gidea Park (Elizabeth Line) Rail Station together with a network of local bus services serving the local area. Road communications include the A12 providing access to the M25 Motorway to the East. Shopping facilities are available locally with a more comprehensive range of shopping and leisure pursuits to be found in Romford. Accommodation: Two bedrooms, reception room, kitchen, shower room/WC, conservatory Outside: Front driveway and rear garden, Garage Note: The property may be considered suitable for a loft conversion – subject to all necessary consents. EPC rating: D Council Tax Band: D To view: Strictly by arrangement with the auctioneers.

Location

The property is situated on Ferguson Avenue, opposite its junction with Montrose Avenue. Public transport links include Gidea Park (Elizabeth Line) Rail Station together with a network of local bus services serving the local area. Road communications include the A12 providing access to the M25 Motorway to the East. Shopping facilities are available locally with a more comprehensive range of shopping and leisure pursuits to be found in Romford. Accommodation: Two bedrooms, reception room, kitchen, shower room/WC, conservatory Outside: Front driveway and rear garden, Garage Note: The property may be considered suitable for a loft conversion – subject to all necessary consents.

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: ★★★☆☆