The Drive, Harold Wood, RM3
GB

The Drive, Harold Wood, RM3

By GBP Estates

£ 575,000

Reviews

2 out of 5 stars

GBP Estates says ..

This is a fantastic project for someone seeking to put their own stamp on a property that not only a good size but situated in a great location in Harold Wood.

Property Oracle says ..

This three-bedroom semi-detached house located on The Drive, Harold Wood, RM3, presents a significant renovation project. The property is situated in a convenient location, with Harold Wood station providing easy access to London via the Elizabeth line. Several good primary schools are nearby, making it suitable for families. The house itself, however, is in need of extensive modernisation and refurbishment. The provided images show outdated kitchens, bathrooms, and flooring, and many interior spaces need complete updating. The garden, while present, needs significant work to reach its full potential. The asking price should be viewed in light of the necessary improvements, as is, the house represents a property ripe for modernisation. Whilst the price could be considered relatively good value for its location and size with renovations, buyers should factor in a considerable budget for renovation works before making an offer. The lack of precise plot size information limits a conclusive assessment of the land value. The house’s potential is undeniable, given its position and the local market, but the current condition significantly impacts its immediate value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
5
Bedrooms
3
Bathrooms
1
Sqft (est)
1,044.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
410,357.00 £
Decreased by 11.24 %
from 462,324.00 £
Est sale value
405,072.00 £
Decreased by 18.49 %
from 496,944.00 £
Average area rental value
1,833.00 £/mo
Decreased by 0.81 %
from 1,848.00 £/mo
Est letting value
1,044.00 £/mo
Unchanged by 0.00 %
from 1,044.00 £/mo
Est rental Yield
5.36 %
Increased by 11.67 %
from 4.80 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • GBP Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Redden Court SchoolAcademy ConverterGood0.90 KM
Mead Primary SchoolCommunity SchoolGood1.03 KM
Harold Wood Primary SchoolCommunity SchoolGood1.17 KM
Broadford Primary SchoolCommunity SchoolGood1.24 KM
Harold Court Primary SchoolCommunity SchoolGood1.29 KM

Images

Kitchen Dining Room Hallway Landing Lounge Bathroom Kitchen Dining Room Bedroom Bedroom Bedroom Landing Conservatory

Nearby Streets

NameAverage PriceAverage SqftDistance
Charlock Close £ 300,00000.00 KM
Harris Close £ 533,33300.00 KM
Gleneagles Close £ 525,00000.00 KM
Holt Road £ 000.00 KM
Spilsby Road £ 475,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Harold Wood6879HRO0.36 KM
Gidea Park6877GDP3.02 KM
Emerson Park7473EMP3.08 KM
Upminster7464UPM4.54 KM
Romford6886RMF5.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Drive, Harold Wood, RM3 £ 575,000BUY5 / 100.00 KM
The Drive, Romford £ 650,000BUY8 / 100.06 KM
Freesia Lodge, St. Clements Avenue, Kings Park, Harold Wood, Romford £ 425,000BUYUnknown0.11 KM
Ashflower Drive, Romford, RM3 £ 580,000BUY6 / 100.12 KM
Ashflower Drive, Romford, RM3 £ 600,000BUY7 / 100.12 KM

Nearby Properties

AddressPriceDistance
32 The Drive £ 276,0000.02 KM
35 The Drive £ 250,0000.02 KM
16 The Drive £ 314,0000.02 KM
19 The Drive £ 310,0000.02 KM
21 The Drive £ 589,0000.02 KM