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Gooshays Drive, Romford

London

£340,000
Listed on 04/02/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This mid-terrace property features two spacious double bedrooms and is strategically located just 0.7 miles from Harold Wood Elizabeth Line Station, making it an attractive option for buyers seeking a project with significant potential. Offered with no onward chain, the home requires full modernization, presenting an excellent opportunity for first-time buyers, young families, or savvy investors looking to capitalize on the growing rental market in the area. The layout includes a welcoming front lounge adorned with a bay window, a kitchen that offers access to a private rear garden, and ample off-street parking thanks to its driveway. The second floor comprises two well-sized bedrooms and a family bathroom. In terms of location, this property boasts proximity to reputable local schools, reliable bus services, and straightforward access to major roadways including the A12, A127, and M25. With renovation plans in mind, this home can be transformed into a comfortable dwelling or a lucrative rental asset.

Investment Analysis

(RM3 area)
Area Average
£444/sq ft
Avg Rent (weekly)
£436
Avg Yield
5.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM3)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +2.7%
5 year growth: +12.4%
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

Gooshays Drive, Romford
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,204
Based on a loan of £255,000 over 30 years at 3.91% 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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