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Hainault Road, Romford, RM5

London

£425,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom residence presents an excellent opportunity for first-time buyers or families seeking a home with longevity. The property features a generously sized lounge/diner that seamlessly connects to the garden, ideal for both personal enjoyment and entertaining guests. The kitchen is functional as it is but offers significant potential for further enhancement—consider opening it up to the living area to achieve a more contemporary open-plan design. There is ample scope for future expansion, subject to planning permissions, allowing you to increase the property’s footprint and value over time. Upstairs, you'll find two spacious double rooms alongside a decent-sized single bedroom and a family bathroom. Outside, the well-kept garden includes patio space for outdoor relaxation, a detached garage, and additional off-street parking options. Notably, the timber summer house could be repurposed into an office or creative studio, adding versatility to your living space while ensuring privacy in the garden. The location further enhances its appeal with close proximity to various bus routes, easy access to Collier Row and Romford town centre, plus excellent transport links via the Elizabeth Line. Major roadways like the A12, A127, and M25 are also conveniently reachable. This property not only serves as a comfortable home but also stands as an investment with considerable renovation potential in a well-connected part of London.

Investment Analysis

(RM5 area)
Area Average
£443/sq ft
Avg Rent (weekly)
£407
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (RM5)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -1.6%
5 year growth: +15.9%
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

Hainault Road, Romford, RM5
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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
£1,505
Based on a loan of £318,750 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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