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Ravenswood Close, Romford, RM5 - Image 1
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Ravenswood Close, Romford, RM5

London

£475,000
Listed on 08/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
909 sqft

Description

Located on a quiet close, this semi-detached house offers significant potential for renovation and investment. With three spacious bedrooms, the property caters well to families or those looking to make their first step onto the property ladder. The expansive kitchen at the rear is a standout feature, providing an ideal space to modernize and create a hub for gatherings or dinners with friends and family.

A major advantage of this home is its proximity to Clockhouse Primary School, known for its outstanding reputation, just 0.2 miles away. Commuters will appreciate the efficient transport links to Romford Station via the Elizabeth Line, making travel to London seamless. Additionally, off-street parking simplifies daily life.

Local amenities are within easy reach, with Collier Row High Street only 0.3 miles away, offering various shops and cafes. The property holds promising extension potential (subject to planning permission), allowing future owners to expand as their needs evolve. This house presents a valuable opportunity for those looking to invest in a fixer-upper in Romford's growing market.

Investment Analysis

(RM5 area)

Above Market Value

This property is priced +17.9% above area average per sq ft

+17.9%
This Property
£523/sq ft
Area Average
£443/sq ft
Avg Rent (weekly)
£407
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£443,156
10% above area average per sq ft
Potential ROI
-13.1%
After renovation
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

Ravenswood Close, 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
£1,682
Based on a loan of £356,250 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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