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Heath Drive, Gidea Park

London

£900,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1671 sqft

Description

This detached four-bedroom residence, set within the desirable Exhibition Estate in Gidea Park, presents a solid foundation for customization and expansion. The property has been lovingly maintained as a family home for several years and holds noteworthy potential for development, particularly with options to extend both at the rear and into the loft space (subject to planning permission). With its practical layout comprising an entrance hall, converted garage utilized as a utility room, two reception rooms, and a spacious modern kitchen leading out to an impressive 80ft south-east facing garden, this home is primed for enhancement. The first floor features four bedrooms along with a family bathroom and shower room, while the loft offers considerable scope to convert into additional living space. Conveniently located near Gidea Park Station, which provides swift access to central London via the Elizabeth Line, this property not only benefits from local amenities but also from nearby schools and green spaces. It is an ideal prospect for those looking to create their dream family home in an area renowned for its architectural charm and community atmosphere.

Investment Analysis

(RM2 area)

Above Market Value

This property is priced +10.9% above area average per sq ft

+10.9%
This Property
£539/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£390
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£892,581
10% above area average per sq ft
Potential ROI
-8.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (RM2)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 12.9%
5 year growth: 11.6%
Investment Disclaimer: Analysis based on RM2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Heath Drive, Gidea Park
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,297
Based on a loan of £675,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE