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Cedric Avenue, Romford, RM1

London

£525,000
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 rare opportunity for renovation-minded buyers to create a personalized space. The property comprises two spacious double bedrooms, which offer plenty of room for furnishings and storage solutions. The layout includes two reception areas that can be reimagined as ideal living and dining spaces tailored to suit your taste. A kitchen, paired with a separate utility room, provides functional space for daily tasks but may require modernization. Outside, the property boasts off-street parking with a carport and additional driveway space, enhancing convenience. The substantial garden, measuring approximately 91 feet by 31 feet and featuring outbuildings at the back, presents further potential for development or landscaping projects. Given the possibility for extension (subject to planning permission), this bungalow holds significant promise for those willing to invest in its transformation into a modern retreat in a desirable area.

Investment Analysis

(RM1 area)

Above Market Value

This property is priced +21.5% above area average per sq ft

+21.5%
This Property
£561/sq ft
Area Average
£462/sq ft
Avg Rent (weekly)
£368
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£475,263
10% above area average per sq ft
Potential ROI
-18.8%
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

Cedric Avenue, 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
£1,893
Based on a loan of £393,750 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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