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Pettits Lane, Romford

London

£575,000
Listed on 13/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1262 sqft

Description

Upon entering this home, you are greeted by a generous lounge/diner that boasts a prominent bay window and patio doors opening to the garden, creating an inviting area perfect for both everyday living and entertaining. This versatile space accommodates large sofas and a complete dining set, making it functional for family gatherings or casual evenings in. Adjacent to the lounge, the kitchen provides ample cupboard storage and extensive worktop space, ensuring efficiency during meal preparations. The practical ground floor WC adds convenience for families or when hosting visitors. On the upper level, the three bedrooms offer considerable dimensions; two spacious doubles can comfortably fit king-size beds, while the single bedroom serves well as a child's room with enough space for additional furniture. The family bathroom is well-appointed with both a bath and separate shower cubicle to facilitate busy mornings without crowding. The rear garden extends approximately 65 feet, featuring a paved patio leading onto a lawn area complemented by two sheds. This outdoor space holds potential for diverse uses, including seating arrangements, play areas, or even the addition of a garden studio. The property also includes a garage accessible via a shared driveway for storage or secure parking needs. Off-street parking is available at the front as well. Although this home is move-in ready, there exists substantial potential for future renovations. New owners can modernize aspects over time and personalize their living environment. With possibilities ranging from loft conversions to rear extensions (subject to planning permissions), this property offers significant investment opportunities.

Investment Analysis

(RM1 area)

Below Market Value

This property is priced -1.2% below area average per sq ft

-1.2%
Potential saving
This Property
£456/sq ft
Area Average
£461/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£640,307
10% above area average per sq ft
Potential ROI
+2.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (RM1)

Area prices are rising by +10.3% over the last 12 months
3 year growth: +8.3%
5 year growth: +11.6%
Investment Disclaimer: Analysis based on RM1 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

Pettits Lane, Romford
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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
£2,074
Based on a loan of £431,250 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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