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Stanley Avenue, Romford, RM2

London

£525,000
Listed on 21/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1184 sqft

Description

This three-bedroom mid-terraced house presents a promising opportunity for those seeking a property with renovation potential in a desirable London area. The layout includes a spacious living room and separate dining room, both of which can benefit from modernisation or reconfiguration to enhance flow and functionality. The kitchen/breakfast area, while practical, offers scope for updates to create a more contemporary space that better suits family dining needs. Each of the generously sized bedrooms provides room for personalisation, catering to varying lifestyles. Externally, the impressive 90-foot garden is well-maintained but offers ample room for landscaping or expansion possibilities—subject to obtaining the necessary planning permissions. Additionally, the garage/workshop at the back not only serves as valuable storage but could be transformed into a hobby space or additional utility area. With no onward chain, this property allows for an uncomplicated acquisition and positions itself as an excellent project for both investment buyers and families looking to make their mark.

Investment Analysis

(RM2 area)

Below Market Value

This property is priced -8.7% below area average per sq ft

-8.7%
Potential saving
This Property
£443/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£406
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£632,315
10% above area average per sq ft
Potential ROI
+10.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (RM2)

Area prices are rising by +4.3% over the last 12 months
3 year growth: +16.4%
5 year growth: +17.3%
Investment Disclaimer: Analysis based on RM2 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

Stanley Avenue, Romford, RM2
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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
£1,893
Based on a loan of £393,750 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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