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Sheridan Close, Romford, RM3 7EX - Image 1
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Sheridan Close, Romford, RM3 7EX

London

£410,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom home presents a unique opportunity for renovation and investment in the desirable Heaton Grange area of Romford. Benefiting from its strategic location between Harold Wood and Gidea Park Elizabeth Line stations, public transportation access is excellent, facilitating easy commutes to London and surrounding areas. Situated on a quiet cul-de-sac, this property is well-suited for families, with schools, parks, and local amenities within walking distance. The nearby A12 and M25 provide convenient transport links, while the rural landscapes of Essex, including Lower Bedfords Park and Stapleford Abbotts, are just a short drive away. Additionally, the presence of local recreational facilities such as gyms and swimming pools enhances the appeal of the location. The exterior features a generous frontage with a driveway accommodating two vehicles and an inviting front garden. At the rear, you’ll find vehicular access to a garage, which adds potential for additional parking or storage options. Inside, the layout includes a spacious through lounge that connects seamlessly to the kitchen and conservatory—ideal areas for family gatherings. The upper floor houses three well-sized bedrooms along with a modern shower room. Importantly, there is also loft space that could be converted into additional living area (subject to planning permission), offering further enhancement possibilities. The rear garden showcases mature plants and shrubs alongside a shed for extra storage needs. With no onward chain, this property is primed for someone looking to make their mark through renovations or updates. This home holds considerable potential for both personal enjoyment and future investment value.

Investment Analysis

(RM3 area)
Area Average
£444/sq ft
Avg Rent (weekly)
£434
Avg Yield
5.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RM3)

Area prices are rising by +3.5% over the last 12 months
3 year growth: 6.0%
5 year growth: 21.0%
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

Sheridan Close, Romford, RM3 7EX
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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
£1,502
Based on a loan of £307,500 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