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Grange Road, Romford, RM3

London

£350,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1151 sqft

Description

This semi-detached house, featuring two to three bedrooms, is located on a desirable tree-lined street and presents a compelling opportunity for renovation and investment. The property requires modernisation, making it an excellent canvas for those looking to inject their style and preferences into the home. Highlights include a driveway, garage, and an outbuilding, along with front and rear gardens that offer potential for landscaping or outdoor enhancements. Inside, you will find a welcoming entrance hall that leads into a bright reception area with a charming fireplace. An extended kitchen provides ample storage space, while the provision of a downstairs shower room adds convenience. Upstairs, there are two well-proportioned bedrooms along with an additional versatile room that could be used as a third bedroom or study. The location benefits from close proximity to local amenities, public transport options, and recreational spaces ideal for families or young professionals. There is also significant potential to further extend the property at the rear, side, or loft—ideal for those seeking to increase living space or enhance value.

Investment Analysis

(RM3 area)

Below Market Value

This property is priced -31.7% below area average per sq ft

-31.7%
Potential saving
This Property
£304/sq ft
Area Average
£445/sq ft
Avg Rent (weekly)
£447
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£563,541
10% above area average per sq ft
Potential ROI
+42.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (RM3)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +3.1%
5 year growth: +15.9%
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

Grange Road, Romford, RM3
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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
£1,262
Based on a loan of £262,500 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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