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Havering Road, Romford, RM1 - Image 1
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Havering Road, Romford, RM1

London

£600,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1543 sqft

Description

This semi-detached family home boasts three bedrooms and offers significant potential for renovation and extension, subject to the necessary planning approvals. With over 1,500 square feet of living space, the property presents an opportunity for reconfiguration to suit modern lifestyles. The ground floor features two spacious reception rooms, both equipped with log burners providing a cozy atmosphere during colder months. The living room benefits from a double-glazed bay window that floods the space with natural light. Meanwhile, the family room features bi-fold doors leading to the rear garden, creating an inviting indoor-outdoor flow. The kitchen/diner is generously sized and includes various built-in appliances such as a Rangemaster double oven and integrated dishwasher, perfect for those who enjoy cooking or entertaining. The first floor accommodates three well-proportioned bedrooms, including a sizable main bedroom with fitted wardrobes and a bay window. A versatile bathroom completes this level, presenting an opportunity for updating to enhance both functionality and aesthetics. Outside, the garden stretches approximately 68 feet and features a patio area along with lawn space—a blank canvas for gardening enthusiasts or entertainers. An outbuilding of 18’1 x 12’2 provides additional storage or workshop space, fully powered with lighting. Situated conveniently near major road links such as the A12 and M25, this property offers not just immediate comfort but also excellent investment potential in a sought-after location. With off-street parking available for multiple vehicles, it caters well to the needs of a growing family while offering scope for future developments.

Investment Analysis

(RM1 area)

Below Market Value

This property is priced -16.1% below area average per sq ft

-16.1%
Potential saving
This Property
£389/sq ft
Area Average
£463/sq ft
Avg Rent (weekly)
£368
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£786,614
10% above area average per sq ft
Potential ROI
+21.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM1)

Area prices are rising by +7.9% over the last 12 months
3 year growth: 7.1%
5 year growth: 8.8%
Investment Disclaimer: Analysis based on RM1 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

Havering Road, Romford, RM1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,198
Based on a loan of £450,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE