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Ravenswood Close, Romford, RM5 - Image 1
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Ravenswood Close, Romford, RM5

London

£475,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1227 sqft

Description

This semi-detached house features significant potential for renovation and expansion, making it an intriguing prospect for investors and homeowners alike. The property includes a large attached garage, ideal for conversion (subject to planning approval), along with off-street parking. Located in a quiet cul-de-sac in Collier Row, the home is conveniently close to local amenities such as shops, parks, cafes, and schools—including Pinewood Primary & Nursery School and Clockhouse Primary. Commuting to Central London is made easy with public transport links, including a bus service to Romford Elizabeth Line Station. The existing layout consists of an entrance porch and hallway leading into a lounge and dining room, alongside a fitted kitchen. Upstairs are two bedrooms; however, there’s potential to create a third bedroom by modifying the layout of the larger room, along with a family bathroom. This property represents an exciting opportunity for those looking to put their personal touch on a home in a desirable location.

Investment Analysis

(RM5 area)

Below Market Value

This property is priced -13.0% below area average per sq ft

-13.0%
Potential saving
This Property
£387/sq ft
Area Average
£445/sq ft
Avg Rent (weekly)
£418
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£600,347
10% above area average per sq ft
Potential ROI
+14.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (RM5)

Area prices are rising by +6.4% over the last 12 months
3 year growth: 5.7%
5 year growth: 25.7%
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

Ravenswood Close, Romford, RM5
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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
£1,740
Based on a loan of £356,250 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