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Pancroft, Romford, RM4

London

£500,000
Listed on 27/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1010 sqft

Description

Located on a tranquil residential street in Abridge, this three-bedroom family home provides ample space and a practical design, making it an appealing option for those looking to personalize their living environment. The ground floor features a sizable living room, perfect for unwinding, alongside a separate dining area that caters well to hosting family meals or gatherings. The kitchen at the rear grants access to the garden and presents exciting possibilities for a reconfiguration or extension, potentially transforming it into a contemporary open-plan layout (subject to necessary planning permissions). On the first floor, you'll find three bedrooms—two generously sized doubles and an additional single room that could serve as a nursery, home office, or guest accommodation. Completing this level is a modern shower room. Outside, there is a private rear garden suited for family enjoyment and outdoor entertaining, along with a driveway offering convenient off-street parking. This property also showcases significant potential for both loft conversion and rear expansion (subject to planning consents), representing an excellent long-term investment opportunity. Set within a charming village atmosphere, this home is conveniently located within walking distance of Lambourne Primary School and benefits from a strong community spirit ideal for families. Furthermore, it is just a short drive from a Central Line station, ensuring quick access into London. This residence stands as an exceptional chance for first-time buyers, families, or investors aiming to acquire a home in such a desirable area.

Investment Analysis

(RM4 area)

Below Market Value

This property is priced -1.6% below area average per sq ft

-1.6%
Potential saving
This Property
£495/sq ft
Area Average
£503/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£559,111
10% above area average per sq ft
Potential ROI
+3.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (RM4)

Area prices are falling by -7.2% over the last 12 months
3 year growth: +12.8%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on RM4 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

Pancroft, Romford, RM4
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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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