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Lawn Farm Grove, Romford, RM6

London

£450,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1158 sqft

Description

Nestled in the quiet enclave of Lawn Farm Grove, Chadwell Heath, this three-bedroom mid-terrace home offers a solid foundation for both families and investors looking to capitalize on its potential. The reception room is spacious and well-lit, providing an inviting atmosphere for gatherings or relaxing evenings. Each of the three bedrooms is generously sized, ensuring comfort for all residents. The bathroom is designed with contemporary needs in mind, though there's opportunity for modernization or expansion should you choose to enhance it further. One notable asset of this property is the outbuilding—ideal for storage, a home office, or a creative studio—providing versatile utility that can be adapted to various needs. Outside, off-street parking significantly adds to the value of this residence in a popular area. While currently in good condition, there is scope for further enhancement and expansion (subject to planning approval), allowing prospective owners to personalize this space to meet their vision. The property's location allows easy access to local shops and amenities, making daily living convenient. This mid-terrace house not only serves as a comfortable home but also stands as a promising investment opportunity due to its intrinsic potential for growth and customization.

Investment Analysis

(RM6 area)

Below Market Value

This property is priced -13.8% below area average per sq ft

-13.8%
Potential saving
This Property
£389/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£442
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£573,974
10% above area average per sq ft
Potential ROI
+14.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (RM6)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +0.6%
5 year growth: +8.6%
Investment Disclaimer: Analysis based on RM6 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

Lawn Farm Grove, Romford, RM6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% 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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