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Cedric Avenue, Romford, RM1

London

£499,950

Listed on 19/03/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
936 sqft

Description

This two-bedroom semi-detached bungalow presents a unique opportunity for those looking to invest in a well-located property with significant potential for enhancement. The spacious layout includes two generous double bedrooms, allowing for comfortable living and ample storage. Two reception rooms offer flexibility in creating an inviting space for relaxation or entertainment, while the kitchen, complemented by a practical utility room, adds convenience. The property is equipped with off-street parking options, including a carport and driveway, enhancing its appeal. The sizeable rear garden stretches approximately 91 feet, featuring outbuildings that could be refurbished or repurposed according to your vision. With the possibility of extending the existing structure (pending planning permission), this bungalow represents a promising project for renovation-minded buyers. Its adaptable design and good-sized rooms make it a noteworthy candidate for those seeking to create their ideal home in this desirable area.

Investment Analysis

(RM1 area)

Above Market Value

This property is priced +16.2% above area average per sq ft

+16.2%
This Property
£534/sq ft
Area Average
£460/sq ft
Avg Rent (weekly)
£376
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£473,307
10% above area average per sq ft
Potential ROI
-12.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM1)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +3.4%
5 year growth: +12.0%
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

Cedric Avenue, Romford, RM1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,784
Based on a loan of £374,962 over 30 years at 3.97% 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

Price History

-4.8% since listed
£499,950£25,050(-4.8%)
14/04/2026
Current price
£525,000Initial listing
19/03/2026

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