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William Close, Romford, RM5

London

£450,000

Listed on 19/11/2025

Property details

Bedrooms
3
Type
End Of Terrace
Area
1098 sqft

Description

This charming end-of-terrace home in Collier Row, Romford, presents a solid investment opportunity for those looking to make their mark. With three spacious bedrooms and a versatile layout, the property has ample room for enhancement, whether you’re looking to modernize interior spaces or expand the property itself. The presence of both a family bathroom and an additional shower room offers convenience while the large conservatory adds potential for transformation into a more integrated living area with the garden. The outdoor space is particularly noteworthy; boasting a well-kept garden with side access and an adaptable outbuilding, this area could easily be repurposed or developed further. There exists significant scope to extend the property at the rear or into the loft (subject to planning permissions), providing an opportunity to create additional living space or rental income potential. Situated in a serene neighborhood that’s still within easy reach of local amenities and transport links, this home allows for both quiet family life and access to urban conveniences. This property is ripe for refurbishment and offers substantial promise for anyone willing to invest time and resources into revitalizing it.

Investment analysis

(RM5 area)

Below Market Value

This property is priced -8.1% below area average per sq ft

-8.1%
Potential saving
This Property
£410/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£407
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£538,498
10% above area average per sq ft
Potential ROI
+7.7%
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
19%
Properties sold annually

Local Market Trend (RM5)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -1.0%
5 year growth: +14.8%
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

William Close, Romford, RM5
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,700
Based on a loan of £337,500 over 30 years at 4.45% 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.

Stamp duty calculator

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