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Eaton Drive, ROMFORD, Essex, RM5 - Image 1
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Eaton Drive, ROMFORD, Essex, RM5

London

£400,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
902 sqft

Description

This property presents an excellent opportunity for both first-time buyers and those looking to downsize, boasting significant potential for future enhancements and extensions. The home features a generous through lounge and a galley kitchen, offering a solid foundation for personal updates. At the rear, a brick-built conservatory/sunroom leads to a mature south-facing garden with existing hard standing that could accommodate a garage, presenting options for additional development or storage solutions. Upstairs are three well-proportioned bedrooms along with a family bathroom. Off-street parking is available at the front, catering to family vehicles. Conveniently located near Collier Row's shops and amenities, the property is also just a short bus ride from Romford station or Hainault Tube line for easy access to Central London and the Elizabeth Line, with good road connectivity via the A12, A127, and M25.

Investment Analysis

(RM5 area)

Above Market Value

This property is priced +0.1% above area average per sq ft

+0.1%
This Property
£443/sq ft
Area Average
£443/sq ft
Avg Rent (weekly)
£407
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£439,743
10% above area average per sq ft
Potential ROI
-2.3%
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

Eaton Drive, ROMFORD, Essex, 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
£1,417
Based on a loan of £300,000 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.

Stamp Duty Calculator

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