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Havering Gardens, Romford, RM6 - Image 1
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Havering Gardens, Romford, RM6

London

£500,000
Listed on 29/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1135 sqft

Description

Situated in the sought-after Havering Gardens of Chadwell Heath, this three-bedroom mid-terraced residence presents a valuable opportunity for those interested in renovation and investment. The property boasts a private front driveway and a substantial rear garden, complemented by spacious living areas that provide excellent potential for improvement. Internally, the home is in need of modernisation, making it well-suited for buyers eager to undertake a project or personalize their living space. The layout features a bright through-lounge and a kitchen with access to the garden, along with three bedrooms that benefit from ample natural light. Additionally, there is scope for expansion (subject to planning approval). Conveniently located approximately 20 minutes' walk from Chadwell Heath Station, which offers Elizabeth Line services to Central London, this property is ideal for commuters. The surrounding area is rich in local amenities including shops, schools, parks, and bus routes, all within close proximity.

Investment Analysis

(RM6 area)

Below Market Value

This property is priced -2.2% below area average per sq ft

-2.2%
Potential saving
This Property
£441/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£439
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£562,637
10% above area average per sq ft
Potential ROI
+2.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM6)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -0.5%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on RM6 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

Havering Gardens, Romford, RM6
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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
£1,832
Based on a loan of £375,000 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.

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