Arnside House Leamington Road, Romford, Essex, RM3

London

£190,000

Listed on 26/02/2026

Property Details

Bedrooms

Type

Terraced house

Description

This one-bedroom ground floor flat presents an intriguing opportunity for those interested in a renovation project. The property features a private garden, adding outdoor space that can be enhanced further. Internally, the flat requires comprehensive modernization, allowing prospective buyers or investors to tailor the finishes to their tastes and potentially increase its value significantly. A new Gloworm boiler has also been installed, providing a solid foundation for any refurbishment efforts. This flat is particularly suited for cash purchasers, developers, or investors who are looking for a property with substantial potential in a well-established residential area.

Investment Analysis

(RM3 area)

Area Average

£446/sq ft

Avg Rent (weekly)

£454

Avg Yield

5.9%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£25,000 - £40,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

32%

Properties sold annually

Local Market Trend (RM3)

Area prices are rising by +2.3% over the last 12 months

3 year growth: +4.3%

5 year growth: +19.1%

Investment Disclaimer: Analysis based on RM3 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

Arnside House Leamington Road, Romford, Essex, RM3

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments

£685

Based on a loan of £142,500 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.