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Goldsmith Avenue, Romford, RM7

London

£475,000
Listed on 14/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1330 sqft

Description

Located in a desirable area of Romford, this property on Goldsmith Avenue presents an excellent opportunity for renovation enthusiasts or investors looking to craft a personalized family home. The convenience of the nearby Elizabeth Line ensures quick access to Central London, while the local amenities and green spaces cater perfectly to families seeking a balance between urban living and nature.<br><br>The ground floor features a flexible layout with a spacious living room that transitions into a kitchen and dining space at the rear. A notable highlight is the attached garage, which offers significant potential for conversion or additional development. Upstairs, there are three bedrooms along with a family bathroom that await modern upgrades to enhance comfort and style.<br><br>Externally, the property boasts off-street parking and an above-average rear garden, providing a private space for outdoor activities or entertaining. With an existing rear extension already in place, there's ample opportunity for further expansion pending necessary planning approvals. This home represents not just a residence but also a canvas for increasing equity through thoughtful renovations. Viewing is essential to fully grasp the extensive potential this property holds.

Investment Analysis

(RM7 area)

Below Market Value

This property is priced -19.9% below area average per sq ft

-19.9%
Potential saving
This Property
£357/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£403
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£651,986
10% above area average per sq ft
Potential ROI
+21.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Goldsmith Avenue, Romford, 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
£1,713
Based on a loan of £356,250 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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