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Howell Close, Romford, RM6 - Image 1
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Howell Close, Romford, RM6

London

£180,000
Listed on 06/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This substantial land parcel presents an exceptional opportunity for development in Chadwell Heath, Romford. With full planning permission already secured for a four-bedroom detached house, this plot offers investors and builders a chance to create a custom property in a tranquil, family-oriented area. The site spans approximately 165 sqm (1,750 sq ft) and includes the convenience of private off-street parking. Utilities have already been applied for, streamlining the construction process. Nestled in a quiet cul-de-sac with minimal traffic, it remains well-connected to local schools, essential amenities, and transport links. This is a prime investment prospect for anyone looking to manifest their vision of upscale living or seeking to capitalise on the area's high rental and sales demand.

Investment Analysis

(RM6 area)
Area Average
£448/sq ft
Avg Rent (weekly)
£439
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£120,000 - £180,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (RM6)

Area prices are rising by +2.4% over the last 12 months
3 year growth: 0.0%
5 year growth: +6.5%
Investment Disclaimer: Analysis based on RM6 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

Howell Close, Romford, RM6
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£649
Based on a loan of £135,000 over 30 years at 4.06% 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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