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Philip Avenue, Romford, RM7 0

London

£500,000
Listed on 13/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1396 sqft

Description

This semi-detached house in Romford is situated in a well-connected area, making it an ideal prospect for families and investors alike. With three bedrooms and two bathrooms, the layout offers generous living space. The freehold status grants full ownership, presenting an opportunity for renovations to enhance value and personalisation. Located in a vibrant community, you'll find excellent transport links to central London, ensuring easy commuting. Local amenities include shopping centres, parks, and reputable schools like Frances Bardsley Academy for Girls. This property is ripe for refurbishment, allowing you to tailor it to your specifications while benefiting from the growing appeal of the area.

Investment Analysis

(RM7 area)

Below Market Value

This property is priced -20.2% below area average per sq ft

-20.2%
Potential saving
This Property
£358/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£407
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£689,408
10% above area average per sq ft
Potential ROI
+25.3%
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

Philip Avenue, Romford, RM7 0
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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
£1,803
Based on a loan of £375,000 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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