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The Elkins, Romford, RM1

London

£900,000
Listed on 28/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1658 sqft

Description

This detached four-bedroom family residence in the desirable area of Marshalls Park, Romford presents a significant opportunity for renovation and potential development. The property features spacious living areas, including a formal lounge with an inviting bay window, a versatile playroom that could serve as an additional bedroom, and a large kitchen/diner ideal for modern family living. A special highlight is the adjoining snooker room, which benefits from plentiful natural light and opens onto a generous garden space. The layout offers great flexibility, allowing for expansion or reconfiguration to suit contemporary needs. The upstairs hosts a master bedroom with en-suite facilities alongside three further double bedrooms and a family bathroom. The external space comprises substantial gardens wrapping around the home, with potential to develop further upon obtaining necessary permissions (STPP). Further amenities include a double garage and off-street parking—essentials in this bustling area close to schools and local shops. Given its current condition and layout, there’s ample opportunity to personalize or upgrade elements for enhanced comfort or value appreciation in an increasingly competitive market.

Investment Analysis

(RM1 area)

Above Market Value

This property is priced +17.7% above area average per sq ft

+17.7%
This Property
£543/sq ft
Area Average
£461/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£841,228
10% above area average per sq ft
Potential ROI
-14.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (RM1)

Area prices are rising by +10.3% over the last 12 months
3 year growth: 8.3%
5 year growth: 11.6%
Investment Disclaimer: Analysis based on RM1 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

The Elkins, Romford, RM1
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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
£3,246
Based on a loan of £675,000 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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