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Oxford Road, Romford, RM3

London

£440,000
Listed on 26/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached property presents a promising opportunity for renovation in a serene street with convenient access to local bus routes and amenities. Located approximately one mile from Harold Wood train station, the home features a functional ground floor layout that includes a W.C., kitchen, dining space, and a living room leading to the rear garden. The first floor offers three spacious double bedrooms along with a family bathroom. Off-street parking is available at the front, complemented by an adjacent garage. Notably, this property is chain-free and boasts significant potential for further expansion through side and rear extensions (subject to planning permission). Prospective buyers are encouraged to view this property to fully grasp its investment prospects.

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

Oxford 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
£1,612
Based on a loan of £330,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE