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Mawney Road, Romford, RM7

London

£650,000
Listed on 17/04/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
2061 sqft

Description

Located in the vibrant area of Romford, Havering, this spacious detached four-bedroom residence spans over 2,000 sq ft, presenting an excellent investment opportunity with room for expansion, subject to planning permissions. The property features a generous front yard that accommodates off-street parking for several vehicles, ideal for accommodating larger families or those with multiple cars. Upon entering, a central hallway greets you, providing a functional space to organize daily necessities. To the left lies a bright double reception room that can be tailored for both cozy family living and entertaining guests. On the right, the modern fitted kitchen is adjacent to a separate dining area—offering practical functionality for everyday meals as well as gatherings. Additional convenience comes from a study and utility room, along with a ground floor WC. The expansive rear garden enhances the outdoor experience and includes a substantial outbuilding that offers endless potential—from creating a home office to establishing a gym or even adding extra living space. Upstairs, four generously sized double bedrooms are paired with a recently updated family shower room. This property is positioned in a well-connected part of Romford with excellent local schools such as St Peter’s Catholic Primary and Parklands Primary within close proximity. The bustling town center of Romford is nearby, boasting an array of high street stores and independent boutiques alongside the historic Romford Market. Commuters will appreciate the direct rail links from Romford Station to Central London. Nearby Raphael Park provides ample green spaces perfect for relaxation or leisure activities during weekends.

Investment Analysis

(RM7 area)

Below Market Value

This property is priced -29.5% below area average per sq ft

-29.5%
Potential saving
This Property
£315/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£425
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,013,734
10% above area average per sq ft
Potential ROI
+37.0%
After renovation
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

Mawney Road, 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
£2,302
Based on a loan of £487,500 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.

Stamp Duty Calculator

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