Edward Close, Gidea Park, RM2
London
£795,000
Listed on 15/10/2026
Listed on 15/10/2026
The listing
Property details
Bedrooms
3Type
DetachedArea
1697 sqftFeatures
- Garage
- Garden
Description
This three-bedroom detached house is set on a generous plot in a cul-de-sac in Gidea Park. Its Tudor-style exterior and period details, including wood panelling and leaded-light windows, give the property a distinctive character. The accommodation includes an entrance hall, two reception rooms, a kitchen and a ground-floor WC, with three double bedrooms, a bathroom, separate WC and storage on the first floor.
The long garage offers storage or workshop space, with possible conversion potential subject to the necessary permissions. Mature gardens extend to the front and rear, and the plot may offer scope to remodel or enlarge, subject to planning and other checks. The property is near Gidea Park Elizabeth Line station, local schools, Raphael Park and David Lloyd Leisure Centre, with access to the A12, A127 and M25.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
60out of 100
Grade CPotential opportunity
Confidence: MEDIUM
This Tudor-style detached home has plenty of character to work with, including timber features, a striking entrance and two usable reception rooms. The interiors are dated but appear serviceable, making this a light cosmetic project: refreshed finishes and a garden tidy-up could bring it up to date while preserving its period feel. The large garden and substantial garage add useful scope, with any conversion or enlargement subject to feasibility and permissions.
At £795,000, the asking price is slightly below the local average on a £/sqf basis, which supports the opportunity. The overall numbers are more measured, though: the estimated purchase-plus-renovation midpoint leaves only a slim margin against the implied current local average value, so the case rests on buying well and making improvements efficiently. Strong fundamentals and the distinctive house and plot help balance that constraint.
Key opportunities
- Refresh the dated wallpaper, carpets and traditional finishes while retaining the home's timber features and Tudor character.
- Make better use of the large, mature garden with modest lawn and outdoor-area improvements.
- Explore the substantial 27'8" garage and generous plot for future conversion or enlargement, subject to feasibility and permissions.
Key risks
- The estimated purchase price plus renovation midpoint leaves only a slim margin against the implied current local average value.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£3,003
Based on a loan of £596,250 over 30 years at 4.45% 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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