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Lodge Avenue, Gidea Park RM2 - Image 1
Lodge Avenue, Gidea Park RM2 - Image 2
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Lodge Avenue, Gidea Park RM2

Unknown Region

£600,000
Listed on 23/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1527 sqft

Description

This three-bedroom semi-detached home presents a notable opportunity for renovation and investment. Located conveniently near Raphael Park and Gidea Park Primary School, the property is well-positioned in a desirable area that benefits from both green space and educational facilities. With a substantial 180-foot rear garden, this outdoor space offers significant potential for enhancement or extension (subject to planning permission), allowing for the possibility of creating additional living space or a landscaped retreat. The house itself requires modernization throughout, making it an ideal project for buyers looking to put their personal touch on a property and increase its value over time. Inside, the home features an entrance porch leading to a welcoming hall with wooden flooring. The layout includes two spacious reception rooms; the first has a front-facing window, while the second opens into a lean-to with patio doors that connect seamlessly to the garden. The kitchen is functional and equipped with necessary appliances, although it would benefit from updating to match contemporary tastes. The upper floor accommodates three bedrooms, each benefiting from natural light and fitted wardrobes, alongside a bathroom that includes essential fixtures. The property also features practical elements such as a driveway leading to an attached garage, providing off-street parking and additional storage options. In summary, this home is not only an inviting family residence but also represents considerable investment potential due to its size, location, and scope for renovation. Those looking to create their ideal living environment will find this property an enticing project in a sought-after neighborhood.

Investment Analysis

(RM2 area)

Below Market Value

This property is priced -19.3% below area average per sq ft

-19.3%
Potential saving
This Property
£393/sq ft
Area Average
£487/sq ft
Avg Rent (weekly)
£420
Avg Yield
3.5%

Renovation Potential

Est. Renovation Cost
£60,000 - £150,000
10-25% of property value
Target Value
£818,266
10% above area average per sq ft
Potential ROI
+9.1%
After renovation
Monthly Sales
15
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (RM2)

Area prices are rising by +4.5% over the last 12 months
3 year growth: 13.4%
5 year growth: 11.2%
Investment Disclaimer: Analysis based on RM2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Lodge Avenue, Gidea Park RM2
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