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Cross Road, Mawneys, Romford, RM7

London

£475,000
Listed on 28/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1106 sqft

Description

This semi-detached chalet bungalow offers a three double bedroom layout with ample potential for renovation and extension, pending the necessary planning approvals. The property features a ground floor family bathroom, a separate WC, and a dining room that could benefit from modern updates. The spacious living room measures 22x11 feet, providing a versatile space for family gatherings. Additional amenities include a utility area, driveway access, and a garage along with an outbuilding that could serve various purposes. This property is ideal for investors or homeowners looking to create their ideal living space in a sought-after London area.

Investment Analysis

(RM7 area)

Below Market Value

This property is priced -4.3% below area average per sq ft

-4.3%
Potential saving
This Property
£429/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£407
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£546,193
10% above area average per sq ft
Potential ROI
-1.6%
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

Cross Road, Mawneys, Romford, RM7
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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
£1,713
Based on a loan of £356,250 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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