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Fourth Avenue, Romford, RM7

London

£550,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

This corner plot property offers significant potential for extension or development, making it an appealing opportunity for investors or families looking to create their ideal home. The three-bedroom layout includes a spacious kitchen/diner that opens through French doors to a generous south-facing garden, perfect for summer gatherings. The sizable rear garden, approximately 95ft in length and 30ft in width, not only features a patio area but also provides access to a single garage and hard standing suitable for additional structures such as a gym or summer house. Inside, the home is light-filled with neutral decor throughout, featuring a welcoming hallway leading to a living room bathed in natural light from its large window. Each bedroom is well-proportioned, providing comfortable living spaces. The property boasts side access from the driveway and offers opportunities for future enhancement either immediately or down the line. This residence promises a lasting family investment with ample scope for growth.

Investment Analysis

(RM7 area)
Area Average
£447/sq ft
Avg Rent (weekly)
£425
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (RM7)

Area prices are rising by +2.6% over the last 12 months
3 year growth: +5.1%
5 year growth: +21.1%
Investment Disclaimer: Analysis based on RM7 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

Fourth Avenue, Romford, RM7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,948
Based on a loan of £412,500 over 30 years at 3.91% 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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