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4 bed semi-detached house
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Price History
Our Summary
- Potential development
- Income-Producing Investment with Development Potential to Convert into Two Houses/Flats (STP) – Corner Plot Opportunity Estimated GDV: In Excess of £1 Million An excellent opportunity to acquire a fully income-generating semi-detached property, strategically positioned on a prominent corner plot in South Hornchurch
- This asset combines immediate rental returns with strong medium-to-long-term development potential, making it an ideal addition to any investor portfolio
- Refurbishment works include: •Newly installed kitchen with modern appliances •Upgraded bathroom suites •New flooring and decorating throughout •Recently fitted central heating system Development & Value-Add Potential The property offers clear scope for asset enhancement and value creation, including: •Excellent property to convert into two self-contained houses/flats •Opportunity for rear extension and loft conversion •Strong precedent of similar enhancements in the surrounding area With a projected Gross Development Value exceeding £1 million, this presents a compelling opportunity for developers, HMO investors, or those seeking to maximise yield and capital growth
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Description
The property is a semi-detached, recently refurbished house located on a corner plot in South Hornchurch. It has a total of four bedrooms, including a large bedroom with storage units, a separate low-flush WC in two of the bedrooms, and a main bathroom. The property also features a kitchen with modern appliances, a newly fitted central heating system, and double-glazed windows throughout.
Additionally, the property has two garden areas and off-street parking for up to six vehicles with vehicular access via Wells Gardens. The property is set on a prime corner plot with potential for rear extension and loft conversion to increase its value, offering a strong precedent for redevelopment in the surrounding area.