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Amersham Close, Harold Hill

London

£425,000
Listed on 01/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
749 sqft

Description

This three-bedroom terraced home presents a remarkable opportunity for renovation and investment in the desirable area of Harold Hill. With a solid foundation and well-defined spaces, this property is ideal for families, first-time buyers, or investors looking to capitalize on its potential. The ground floor features a spacious living room that flows naturally into the kitchen and dining area. The kitchen is functional and equipped with ample storage, making it a comfortable space for culinary pursuits. Large windows invite natural light into the home, creating a warm atmosphere throughout. The dining area offers delightful views over the sizeable rear garden, which could be transformed into an outdoor entertaining space or play area. Upstairs, you'll find three bedrooms that vary in size to accommodate different needs—two generous double bedrooms and one single room provide flexibility for family living or guest accommodations. The bathroom, while simple in design, offers an immediate convenience with additional potential for refurbishment to enhance both functionality and style. Outside, the property benefits from a large front driveway capable of accommodating two vehicles, ensuring off-street parking is never an issue. The rear garden is particularly noteworthy; it features mature landscaping with fruit trees and provides plenty of room to consider expansion options — whether through an extension or the introduction of outbuildings (subject to planning permission). Located close to essential amenities such as schools, parks, shops, and excellent transportation links, this home not only offers current comfort but also a strategic position for future value enhancement. Given its significant renovation potential and prime location, early viewings are encouraged for those looking to invest wisely in this promising property.

Investment Analysis

(RM3 area)

Above Market Value

This property is priced +27.8% above area average per sq ft

+27.8%
This Property
£567/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£434
Avg Yield
5.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£365,770
10% above area average per sq ft
Potential ROI
-18.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RM3)

Area prices are rising by +3.5% over the last 12 months
3 year growth: 6.0%
5 year growth: 21.0%
Investment Disclaimer: Analysis based on RM3 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

Amersham Close, Harold Hill
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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
£1,557
Based on a loan of £318,750 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