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Charlotte Gardens, Romford, RM5

London

£390,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
793 sqft

Description

Located in the desirable Charlotte Gardens area, this terraced house features three bedrooms, making it a practical choice for families or first-time buyers. The expansive kitchen/diner is well-suited for social gatherings and daily family life. The property benefits from a detached garage and off-street parking, offering valuable storage and convenience. The property's proximity to local primary schools enhances its appeal for families with young children. Additionally, Romford Station on the Elizabeth Line is within walking distance, providing easy access to central London. Essential amenities are just 0.2 miles away, ensuring that shopping and daily needs are easily met. This home presents significant investment potential, including opportunities for extension subject to planning permissions, allowing you to customize the space as your circumstances evolve. With its strong transport links and community facilities, this property represents a solid investment opportunity in Romford's sought-after market.

Investment Analysis

(RM5 area)

Above Market Value

This property is priced +11.2% above area average per sq ft

+11.2%
This Property
£492/sq ft
Area Average
£442/sq ft
Avg Rent (weekly)
£456
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£385,687
10% above area average per sq ft
Potential ROI
-11.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
58%
Properties sold annually

Local Market Trend (RM5)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +3.3%
5 year growth: +22.5%
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

Charlotte Gardens, Romford, RM5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,407
Based on a loan of £292,500 over 30 years at 4.06% 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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