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Moray Close, Romford, RM1

London

£650,000
Listed on 15/02/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1326 sqft

Description

This semi-detached home presents a well-configured space with four bedrooms and two bathrooms, ideal for families or those who often host gatherings. The property is in good condition with a spacious kitchen/diner that has been skillfully extended at the rear, providing an inviting area for dining and entertaining. The inclusion of a downstairs bathroom and WC enhances its practicality. Furthermore, there’s an ample outhouse that serves as an office, perfect for remote work or personal projects. With potential for loft conversion (subject to planning permission), this property offers significant opportunities for expansion and customization to suit individual needs. Parking is convenient with space available for two vehicles. Located in the desirable Rise Park area of Romford, it enjoys easy access to local amenities and transport links, making it a strategic investment choice in a well-connected region.

Investment Analysis

(RM1 area)

Above Market Value

This property is priced +6.3% above area average per sq ft

+6.3%
This Property
£490/sq ft
Area Average
£461/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£672,779
10% above area average per sq ft
Potential ROI
-3.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (RM1)

Area prices are rising by +10.3% over the last 12 months
3 year growth: +8.3%
5 year growth: +11.6%
Investment Disclaimer: Analysis based on RM1 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

Moray Close, Romford, RM1
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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
£2,344
Based on a loan of £487,500 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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