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Market Place, Abridge, Romford, Essex, RM4 1UA

London

£500,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1677 sqft

Description

Presenting a rare opportunity for renovation enthusiasts, this detached bungalow resides in a quiet cul-de-sac within Abridge Village, conveniently located just a short drive from Theydon Bois Central Line Station. The property is positioned near local amenities, including the well-regarded New Boar Pub & Restaurant and Abridge Delicatessen, making it an ideal spot for both lifestyle and investment. This spacious home has not been available on the market for several years, creating a unique chance for new owners to customize it to their tastes. Whether you wish to move in and enjoy its current layout or embark on an ambitious development project, this bungalow holds exceptional potential for transformation and extension. Abridge itself boasts picturesque surroundings with easy access to nearby hubs like Theydon Bois, Chigwell, and Ongar—offering a wide range of dining options and shopping opportunities. With excellent transport connections via the M11/M25 and local Central Line stations, commuting is straightforward. Additionally, the area is well-served by schools and fitness facilities, alongside Epping Forest’s scenic trails perfect for recreational pursuits.

Investment Analysis

(RM4 area)

Below Market Value

This property is priced -40.3% below area average per sq ft

-40.3%
Potential saving
This Property
£298/sq ft
Area Average
£500/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£921,981
10% above area average per sq ft
Potential ROI
+64.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RM4)

Area prices are falling by +8.1% over the last 12 months
3 year growth: 3.8%
5 year growth: 12.8%
Investment Disclaimer: Analysis based on RM4 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

Market Place, Abridge, Romford, Essex, RM4 1UA
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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
£1,832
Based on a loan of £375,000 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