Worst House on the Street Logo
Carter Drive, Romford, RM5 - Image 1
Carter Drive, Romford, RM5 - Image 2
Carter Drive, Romford, RM5 - Image 3
Carter Drive, Romford, RM5 - Image 4
Carter Drive, Romford, RM5 - Image 5
Carter Drive, Romford, RM5 - Image 6
Carter Drive, Romford, RM5 - Image 7
Carter Drive, Romford, RM5 - Image 8
Carter Drive, Romford, RM5 - Image 9
Carter Drive, Romford, RM5 - Image 10
Carter Drive, Romford, RM5 - Image 11

Carter Drive, Romford, RM5

London

£525,000
Listed on 03/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1222 sqft

Description

This semi-detached family home presents a remarkable opportunity for those looking to invest in a property with considerable potential for enhancement. Featuring three bedrooms and a detached double garage, the layout accommodates families of varying sizes comfortably. The off-street parking is an added convenience, allowing for easy vehicle access.<br><br>Located merely 0.1 miles from the esteemed Clockhouse Primary School, this property is ideally suited for families prioritizing education. Furthermore, it's conveniently close to local amenities, ensuring that daily needs are easily met.<br><br>Transport connections are robust, with Romford Station on the Elizabeth Line just a short distance away, facilitating straightforward commutes into central London. Moreover, there exists the possibility of extending the property (subject to planning permission), enhancing its value significantly. This property stands as an appealing investment for buyers eager to explore renovation opportunities in a vibrant area.

Investment Analysis

(RM5 area)

Below Market Value

This property is priced -3.4% below area average per sq ft

-3.4%
Potential saving
This Property
£430/sq ft
Area Average
£445/sq ft
Avg Rent (weekly)
£418
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£597,900
10% above area average per sq ft
Potential ROI
+2.2%
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

Carter Drive, Romford, RM5
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,923
Based on a loan of £393,750 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

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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