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Fry Close, Romford, RM5

London

£500,000
Listed on 20/03/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1324 sqft

Description

Situated in a sought-after cul de sac within Collier Row, this four-bedroom terraced house presents a promising opportunity for renovation and investment. The property spans three floors, accommodating an integral garage, a utility room, plus both a contemporary kitchen and bathroom. With an en suite attached to the main bedroom, this layout offers flexibility for families or professionals needing additional workspace or guest accommodations. The ground floor welcomes you with an entrance hall leading to a convenient ground floor WC and utility room. The generous kitchen-dining area is well-equipped for family life and could benefit from updates that reflect modern styles. Adjacent to this is the reception room, enhanced by a bright conservatory that brings in natural light and overlooks the low-maintenance rear garden. The first floor comprises three well-sized bedrooms alongside a modern family bathroom, while the top floor houses the principal bedroom featuring its own en suite for privacy. Outside, the manageable garden provides outdoor space without significant upkeep demands. The front of the property features off-street parking, while the integral garage holds potential for conversion into extra living space, subject to planning permissions. With convenient access to local shops and bus services connecting directly to Romford town centre and beyond via the Elizabeth Line, this location is ideal for families looking for both convenience and community. This property not only has room for personal touch but also presents substantial investment potential in an area popular with families and commuters alike.

Investment Analysis

(RM5 area)

Below Market Value

This property is priced -14.1% below area average per sq ft

-14.1%
Potential saving
This Property
£378/sq ft
Area Average
£440/sq ft
Avg Rent (weekly)
£420
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£640,598
10% above area average per sq ft
Potential ROI
+18.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (RM5)

Area prices are rising by +3.0% over the last 12 months
3 year growth: +2.5%
5 year growth: +20.4%
Investment Disclaimer: Analysis based on RM5 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

Fry Close, Romford, RM5
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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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