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Gooshays Gardens, Maple House, RM3

London

£200,000
Listed on 15/02/2026

Property Details

Bedrooms
2
Type
Flat
Area
710 sqft

Description

This two-bedroom flat situated on the first floor of Maple House presents an appealing opportunity for cash buyers looking to invest in a property with significant renovation potential. Spanning approximately 66 sq m, the accommodation includes an en-suite shower room attached to the main bedroom and Juliet balconies in both the living area and main bedroom, providing natural light and a sense of space. The flat is conveniently located within walking distance of Harold Wood Station, making it ideal for commuters. Upon entering, you'll find a communal entrance with secure entry leading to the flat's front door. Inside, a hallway connects to a spacious reception room that accommodates both seating and dining areas. The adjoining kitchen features existing wall and base units along with a built-in oven and hob but would likely benefit from a modern update. The property comprises two bedrooms: a generous double room with its own en-suite and a second bedroom positioned near the main bathroom, which retains a white suite. Given its current condition, this flat requires comprehensive refurbishment, including new flooring, redecoration throughout, and potential upgrades to kitchen and bathroom facilities. Moreover, outside amenities include communal grounds and residents’ parking. With local shops within reach and excellent access to road networks like the A12 and M25 alongside nearby parks for leisure walks, this property holds great appeal for investors or homebuyers ready to undertake a project designed to their specifications.

Investment Analysis

(RM3 area)

Below Market Value

This property is priced -36.8% below area average per sq ft

-36.8%
Potential saving
This Property
£282/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£454
Avg Yield
5.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£348,014
10% above area average per sq ft
Potential ROI
+48.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (RM3)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 4.3%
5 year growth: 19.1%
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

Gooshays Gardens, Maple House, RM3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 over 30 years at 4.06% 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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