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Thatches Grove, Romford, Essex

London

£390,000
Listed on 06/02/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This terraced house presents a solid foundation for a family home, albeit with opportunities for modernisation. It features a spacious open-plan kitchen and dining area that overlooks a mature garden, allowing for potential enhancements to create an inviting outdoor space. The property includes three bedrooms along with a family bathroom and a separate toilet on the first floor. Convenient transport links to Romford Town Centre make it practical for shopping and commuting. With its chain-free sale, this property is ready for a new owner to infuse their personal style and upgrade the interiors to increase its value.

Investment Analysis

(RM6 area)
Area Average
£451/sq ft
Avg Rent (weekly)
£442
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (RM6)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +0.6%
5 year growth: +8.6%
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

Thatches Grove, Romford, Essex
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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
£1,407
Based on a loan of £292,500 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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