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Romford

London

£1,250,000
Listed on 28/04/2026

Property Details

Bedrooms
N/A
Type
Residential Development

Description

This property presents a significant redevelopment and refurbishment opportunity, situated within 17.91 acres of scenic countryside in the London Borough of Havering. Originally constructed in the 1930s with subsequent additions, the main dwelling—a detached chalet bungalow—requires extensive restoration, making it an ideal project for buyers with vision and resources. The existing structure comprises two ground floor bedrooms, a bathroom, kitchen, and two reception rooms, alongside a first-floor bedroom. Given its current state of disrepair, there is ample potential not just for restoration but also for expansion or even replacement of the main dwelling to create a larger family home. The accompanying barns and outbuildings are mostly in dilapidated condition yet offer considerable potential for ancillary uses or redevelopment (subject to planning permissions). This could facilitate multi-generational living arrangements or leisure spaces that complement the property's expansive grounds. Located conveniently with access to local amenities, outdoor recreational areas, and transport links to Romford and Brentwood, this site offers both tranquility and practicality for future residents. Notably, the property is currently served by a septic tank that does not meet present environmental standards; prospective buyers should plan for its upgrade or replacement. Overall, this estate allows creative investors to reimagine the landscape while enjoying breathtaking views over rolling countryside. With no onward chain involved in the sale, this opportunity beckons those ready to invest in transforming this estate into a spectacular countryside residence.

Investment Analysis

(RM3 area)
Area Average
£444/sq ft
Avg Rent (weekly)
£436
Avg Yield
5.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM3)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +2.7%
5 year growth: +12.4%
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

Romford
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£4,427
Based on a loan of £937,500 over 30 years at 3.91% 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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