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Fourth Avenue, Romford

London

£450,000
Listed on 18/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
808 sqft

Description

This three-bedroom terraced house presents a valuable opportunity for those looking to invest in a property with considerable potential for enhancement. Located in a desirable part of Romford (RM7), the home features off-street parking and a private rear garden, both of which contribute to its overall appeal and future value. The layout consists of a generous reception area, a standalone fitted kitchen, and direct access to the outdoor space. Upstairs, you'll find three sizeable bedrooms alongside a family bathroom. While the home is currently habitable, it offers an exciting canvas for modernization or reconfiguration that could better suit your lifestyle needs. The substantial plot allows for potential extensions at the rear or even the possibility of converting the loft space (subject to obtaining planning permission). The front drive further enhances the property's practicality. Positioned advantageously within RM7, this residence is just moments from Romford town centre, which boasts an array of shopping and dining choices. Romford Station provides efficient transport links via the Elizabeth Line to key destinations like Stratford and Central London, making it an excellent location for commuters. Additionally, easy access to major roadways such as the A12 and M25 ensures connectivity across London and Essex. This property stands out as an excellent investment prospect in a thriving area with genuine scope for expansion and enhancement. We highly encourage early viewings as opportunities like this are rare.

Investment Analysis

(RM7 area)

Above Market Value

This property is priced +24.1% above area average per sq ft

+24.1%
This Property
£557/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£407
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£399,027
10% above area average per sq ft
Potential ROI
-18.6%
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
41%
Properties sold annually

Local Market Trend (RM7)

Area prices are rising by +2.4% over the last 12 months
3 year growth: +5.3%
5 year growth: +27.0%
Investment Disclaimer: Analysis based on RM7 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

Fourth Avenue, 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
£1,623
Based on a loan of £337,500 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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