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Spring Gardens, Romford, RM7

London

£475,000
Listed on 24/04/2026

Property Details

Bedrooms
3
Type
Bungalow

Description

This spacious semi-detached bungalow offers substantial potential for improvement and investment. Nestled in a quiet residential area, it is conveniently located near essential amenities such as schools, shops, and transport links. The property features energy-efficient solar panels and UPVC double glazing, making it an environmentally friendly option. Inside, you'll find a fitted kitchen and a generous lounge that opens onto a sunny garden, perfect for outdoor entertaining. Additionally, there is a sizable timber outbuilding that could serve as valuable storage or be repurposed for various uses. With off-street parking available for up to seven vehicles, this bungalow presents an excellent opportunity for both comfortable living and future enhancement. Its versatile layout and prime location make it an appealing project for those looking to capitalize on its inherent value.

Investment Analysis

(RM7 area)
Area Average
£447/sq ft
Avg Rent (weekly)
£425
Avg Yield
5.5%

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
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

Spring Gardens, 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
£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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