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The Drive, Romford

London

£500,000
Listed on 28/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1060 sqft

Description

This extended three-bedroom end of terrace property offers a combination of livability and future potential, making it an attractive option for families looking to invest in a home. The welcoming porch provides practical storage before entering the spacious hallway that leads into a bright living area, with ample room for multiple sofas, perfect for unwinding after a long day. The separate dining room, currently used as an office, illustrates the flexibility of this space as it can easily accommodate a dining set while also serving modern family needs. Beyond this is the kitchen/diner, designed for social engagement with sufficient storage and utility areas enhancing everyday convenience. The conservatory at the back presents additional versatility—ideal as a playroom or relaxed sitting area with views over the well-kept garden—a rare feature that enhances overall living space. On the ground floor, a handy shower room simplifies busy mornings and is great for hosting visitors. Upstairs, two generously sized double bedrooms await alongside a cozy third bedroom suitable as a child's room or nursery. Completing this level is a family bathroom featuring essential amenities. Externally, the garden is beautifully maintained, presenting both patio space and lawn areas. An outbuilding equipped with light and power adds function for hobbies or work-from-home scenarios. Notably, the side space available due to its end-terrace status opens up substantial renovation prospects; potential extensions could create up to five bedrooms under appropriate planning permissions. With Lawns Park just moments away and highly-rated primary schools within easy reach, along with good transport links to central London via Romford Station (approx. 2.3 miles away), this property stands as both a comfortable family home now and an investment opportunity for future expansion.

Investment Analysis

(RM5 area)

Above Market Value

This property is priced +5.8% above area average per sq ft

+5.8%
This Property
£472/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£406
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£519,861
10% above area average per sq ft
Potential ROI
-3.7%
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
16%
Properties sold annually

Local Market Trend (RM5)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -1.7%
5 year growth: +15.6%
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

The Drive, Romford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,784
Based on a loan of £375,000 over 30 years at 3.97% 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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