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Cricklade Avenue, Romford, RM3 - Image 1
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Cricklade Avenue, Romford, RM3

London

£425,000
Listed on 03/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
855 sqft

Description

This three-bedroom terraced home on Cricklade Avenue presents a noteworthy opportunity for those looking to invest in their own vision. Nestled within a sought-after residential community, the property holds significant potential for enhancements and personalization throughout. The interior currently showcases a luminous lounge and a kitchen that is ready for modernization, alongside a family bathroom and three generously sized bedrooms positioned on the upper level. Outside, prospective buyers will appreciate the convenience of a paved front driveway offering off-street parking and a private rear garden, ideal for outdoor enjoyment. With its proximity to local amenities, reputable schools, and reliable transport links including Harold Wood Station, this residence is well-suited for individuals aiming to cultivate value in an accessible location. This property awaits your creative touch to transform it into your dream home.

Investment Analysis

(RM3 area)

Above Market Value

This property is priced +12.0% above area average per sq ft

+12.0%
This Property
£497/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£434
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£417,535
10% above area average per sq ft
Potential ROI
-10.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Cricklade Avenue, 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
£1,557
Based on a loan of £318,750 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

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