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Straight Road, Romford, RM3 7JJ

London

£425,000
Listed on 24/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
973 sqft

Description

This three-bedroom semi-detached home presents an excellent opportunity for buyers looking to invest in a property with considerable renovation potential. Situated conveniently near schools, parks, and shopping facilities, this spacious family residence allows for further enhancement and personalization. The property features a welcoming front reception area that seamlessly connects to an expansive open-plan kitchen and dining space alongside a versatile garden room, providing ample room for entertaining or relaxation. The first floor accommodates three well-sized bedrooms, a family bathroom, and a loft space that could be converted (subject to planning permission) for additional living space. A notable highlight of this property is its generous garden, which is thoughtfully separated into two distinct areas. The initial section boasts an undercover patio and artificial lawn, complemented by a sizable outbuilding suitable for various uses such as a home office or gym. Gated side access leads to the larger rear garden that offers further development possibilities with access from a rear service road. With residents' street parking available, the prospect of extending the property adds significant value potential. Coupled with the benefit of no onward chain, this home offers an ideal blank canvas ready for your vision.

Investment Analysis

(RM3 area)

Below Market Value

This property is priced -2.0% below area average per sq ft

-2.0%
Potential saving
This Property
£437/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£454
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£476,926
10% above area average per sq ft
Potential ROI
+2.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (RM3)

Area prices are rising by +2.3% over the last 12 months
3 year growth: +4.3%
5 year growth: +19.1%
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

Straight Road, Romford, RM3 7JJ
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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
£1,533
Based on a loan of £318,750 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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