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Clyde Way, Rise Park, Romford

London

£525,000

Listed on 24/06/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
1108 sqft

Description

This two-bedroom semi-detached bungalow in Rise Park presents an attractive opportunity for those looking to invest in a renovation project. Currently functioning as a typical bungalow layout, it offers spacious double bedrooms at the front, with one featuring a convenient WC and basin, which could be easily transformed into an en-suite. The separate shower room is also a functional element that adds to the home's appeal. At the back, the living area flows into a dining space with lovely garden views, creating an inviting atmosphere for family gatherings. The kitchen is adequately sized and provides ample storage options; however, there is significant potential to modernize this space. Many buyers may envision expanding it into an open-plan kitchen diner with bi-fold doors leading directly to the garden (subject to planning permissions). The sizeable north-east facing rear garden includes a patio area and ample lawn space for outdoor entertaining. Additionally, there’s a side garage equipped with an electric door that could serve as extra living space or storage, if integrated with the main house. This property not only offers immediate opportunities for improvement but also has long-term investment potential. With its existing footprint and roof structure, there's scope for a first-floor conversion to increase living space significantly by adding additional bedrooms and bathrooms, again subject to planning approval. Strategically located near local amenities including parks and schools, as well as convenient transport links such as Romford station (Elizabeth Line) and Hainault Underground station (Central Line), this bungalow stands ready for someone with vision to transform it into their dream family home.

Investment Analysis

(RM1 area)

Above Market Value

This property is priced +3.2% above area average per sq ft

+3.2%
This Property
£474/sq ft
Area Average
£459/sq ft
Avg Rent (weekly)
£378
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£559,734
10% above area average per sq ft
Potential ROI
-10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RM1)

Area prices are rising by +7.3% over the last 12 months
3 year growth: +10.2%
5 year growth: +19.7%
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, Rise Park, Romford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,983
Based on a loan of £393,750 over 30 years at 4.45% 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.

Stamp Duty Calculator

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