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Romford Road, Forest Gate, E7

London

£325,000
Listed on 06/01/2026

Property Details

Bedrooms
2
Type
Flat
Area
1193 sqft

Description

Situated along the bustling Romford Road, this two-bedroom apartment presents an exciting opportunity for those looking to invest in a property with renovation potential. Its prime location benefits commuters, being just a short walk from both Forest Gate Station and Wanstead Park Overground, ensuring easy access to central London. The surrounding area is lively, filled with a diverse array of shops and cafes, making it a convenient place to live. The flat features two private balconies, enhancing the living space with a desirable indoor-outdoor aspect that can be revitalized into a charming retreat. Internally, while the property is generally well-maintained and quiet due to effective insulation, there are opportunities for modern updates that could significantly enhance its appeal and value. Nature lovers will appreciate the proximity to Wanstead Flats, just a 15-minute stroll away—a perfect spot for outdoor activities and relaxation. This apartment is an excellent canvas for those looking to make their mark while enjoying the advantages of urban living with ample amenities at hand.

Investment Analysis

(E7 area)

Below Market Value

This property is priced -47.1% below area average per sq ft

-47.1%
Potential saving
This Property
£272/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£478
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£676,425
10% above area average per sq ft
Potential ROI
+93.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (E7)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 4.0%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on E7 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

Romford Road, Forest Gate, E7
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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
£1,191
Based on a loan of £243,750 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.

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