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Carter Drive, Romford, RM5

London

£450,000
Listed on 17/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
916 sqft

Description

This semi-detached house presents a versatile layout perfect for families, featuring three bedrooms and a rear extension that enhances the kitchen space, making it an inviting area for both daily meals and entertaining guests. The property benefits from off-street parking, adding to its practicality for residents with vehicles. Located a mere 0.1 miles from the highly-rated Clockhouse Primary School, this home is particularly attractive for families with children. Convenient transport links to Romford are within easy walking distance, providing straightforward access to various destinations. The nearby Collier Row High Street offers a range of local amenities that cater to everyday needs. Notably, the property includes a detached outhouse in the expansive garden, which can serve as additional storage or potentially be transformed into a home office or studio space. With its freehold status, you will enjoy complete ownership rights. There is also potential for further extensions (subject to planning permission) which could significantly enhance both living space and investment value. This property represents an opportunity for buyers looking to invest in a family-oriented community in Romford while exploring renovation possibilities to tailor it to their preferences.

Investment Analysis

(RM5 area)

Above Market Value

This property is priced +10.8% above area average per sq ft

+10.8%
This Property
£491/sq ft
Area Average
£443/sq ft
Avg Rent (weekly)
£407
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£446,568
10% above area average per sq ft
Potential ROI
-10.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (RM5)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -1.6%
5 year growth: +15.9%
Investment Disclaimer: Analysis based on RM5 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

Carter Drive, Romford, RM5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,594
Based on a loan of £337,500 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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