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Heath Drive, Gidea Park RM2

London

£800,000

Listed on 20/06/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
3106 sqft

Description

This impressive detached residence presents a unique opportunity for potential homeowners and investors alike, situated within the desirable Gidea Park area known for its character-rich properties. Spanning over 3,100 sq ft, including a spacious garage, this home boasts a significant footprint that offers ample room for renovation or reconfiguration to create an exceptional family living space. With flexible ground floor living that includes a large reception room with a striking bay window, separate dining area, four well-sized bedrooms, and essential bathroom facilities, there’s plenty of scope to modernize or maintain its classic charm. The expansive principal bedroom offers substantial dimensions ideal for redesigning into a luxurious suite. On the first floor, the loft areas present further potential for conversion into additional living spaces such as a home office or hobby room with the necessary permissions. Surrounded by generous garden spaces and featuring a sizeable garage suitable for various uses or adaptations (subject to consent), this property is perfectly positioned near Gidea Park Station with excellent transport links to London. The overall scale and location make it an exciting prospect for those looking to invest in a property that allows for personalization and enhancement while enjoying a prime setting near local amenities and schools.

Investment Analysis

(RM2 area)

Below Market Value

This property is priced -47.0% below area average per sq ft

-47.0%
Potential saving
This Property
£258/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£375
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £95,000
Target Value
£1,660,468
10% above area average per sq ft
Potential ROI
+85.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RM2)

Area prices are falling by -4.8% over the last 12 months
3 year growth: +10.6%
5 year growth: +10.8%
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 RM2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,022
Based on a loan of £600,000 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.

Stamp Duty Calculator

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