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Straight Road, Romford, RM3

London

£399,995
Listed on 19/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This spacious two-bedroom home offers a wealth of renovation and investment opportunities in a highly accessible area. Positioned conveniently for commuters, the property provides straightforward access to the A12, as well as nearby Romford and Gidea Park. While the interior could benefit from modernization, the generous layout and potential for extension make this residence an appealing prospect for those looking to create their ideal family home. The property features a sizable driveway that accommodates multiple vehicles, enhancing convenience. Entering through the front door, you'll find a small hallway leading into various living spaces. The living room measures approximately 3.6m x 3.4m and boasts a large double-glazed window that floods the space with natural light, creating a welcoming atmosphere. The kitchen/diner spans the width of the house at around 5m x 3m, offering ample room for dining furniture alongside well-appointed kitchen units and work surfaces. With built-in cupboard space and provisions for white goods, this area presents an excellent canvas for updates that reflect modern tastes. Upstairs, the master bedroom is notably spacious at 5.6m x 3.4m, featuring dual double-glazed windows and built-in wardrobes that enhance functionality. The second bedroom also provides ample space at 3.3m x 3m and overlooks the rear garden. The bathroom includes essential fittings such as a corner shower cubicle, WC, and wash basin, with part-tiled walls adding some character to the space. Outside, the garden extends approximately 45ft and starts with a paved patio area ideal for outdoor seating or entertaining. The remainder of the garden is laid to lawn, flanked by established plants and shrubs that add privacy. Side access from the front leads directly to this outdoor setting. This property represents a compelling opportunity for investors or families who seek to tailor their living environment to their preferences while capitalizing on its prime location.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Straight Road, Romford, RM3
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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
£1,465
Based on a loan of £299,996 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