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Palm Road, Romford, Essex, RM7 - Image 1
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Palm Road, Romford, Essex, RM7

London

£449,950
Listed on 07/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
963 sqft

Description

This three-bedroom semi-detached house offers a promising opportunity for renovation-minded buyers looking to create their ideal home in a sought-after London location. The property is chain-free, facilitating a swift transition for those eager to begin their renovation journey. Its well-designed layout encompasses a spacious living area and a separate kitchen, both of which present excellent potential for modern upgrades and personal touches. The upstairs features three sizable bedrooms, perfect for accommodating family needs or transforming into dedicated home office spaces. Additional highlights include a detached garage for secure storage and parking, along with a generous private garden that can be tailored to suit individual preferences. This property also boasts significant scope for expansion, subject to obtaining the necessary planning permissions, whether through adding extra rooms, extending the living space, or reconfiguring the kitchen and dining areas. Ideally located just a short walk from town and well-connected via public transport including the Elizabeth Line, this property stands as an exciting canvas for renovation enthusiasts ready to invest in their next project.

Investment Analysis

(RM7 area)

Above Market Value

This property is priced +4.8% above area average per sq ft

+4.8%
This Property
£467/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£403
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£472,077
10% above area average per sq ft
Potential ROI
-5.6%
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
36%
Properties sold annually

Local Market Trend (RM7)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +5.2%
5 year growth: +24.8%
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

Palm Road, Romford, Essex, 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
£1,623
Based on a loan of £337,462 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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