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Clyde Way, Romford, RM1

London

£500,000
Listed on 18/03/2026

Property Details

Bedrooms
2
Type
Chalet
Area
1012 sqft

Description

Located in a sought-after area of Rise Park, this semi-detached chalet bungalow presents an excellent opportunity for renovation and investment. The property boasts a spacious layout with potential for reconfiguration, including the option to revert to a three-bedroom design, enhancing its appeal to families or future buyers. The ground floor features a large lounge diner perfect for entertaining, alongside a functional kitchen/breakfast room that opens onto an expansive rear garden measuring approximately 36.5 meters. This outdoor space offers various possibilities for landscaping or recreational areas. A sizeable ground floor bedroom with fitted storage and a main bathroom adds practicality, while the upper level comprises another double bedroom with a WC, ideal for guests or older children. With off-street parking and proximity to local schools and transport links, including Romford station connecting directly to Central London and Heathrow Airport, this property is well-placed for modern living. Renovations could significantly increase value in this desirable location.

Investment Analysis

(RM1 area)

Above Market Value

This property is priced +7.0% above area average per sq ft

+7.0%
This Property
£494/sq ft
Area Average
£462/sq ft
Avg Rent (weekly)
£368
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£513,853
10% above area average per sq ft
Potential ROI
-4.8%
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 +4.7% over the last 12 months
3 year growth: +2.9%
5 year growth: +7.1%
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

Clyde Way, 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
£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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