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Lodge Lane, Romford, RM5

London

£525,000
Listed on 09/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1430 sqft

Description

This four-bedroom chalet is situated in a family-friendly neighborhood, featuring a convenient downstairs bedroom complete with an ensuite. While the property is currently in good condition, it offers significant potential for renovation and expansion, particularly with the possibility of extending (pending planning permission). The presence of a detached garage and off-street parking adds practicality to this space.<br><br>Located just moments from Collier Row High Street, residents can benefit from proximity to various shops and local amenities. Excellent transport links include nearby Romford Station on the Elizabeth Line, facilitating easy commutes into central London. Families will appreciate being within walking distance to Clockhouse Primary School, noted for its outstanding rating.<br><br>The sizeable garden enhances this property's appeal for outdoor activities or future landscaping projects. With a little renovation effort, this home could easily be transformed to better suit modern family needs—making it a worthwhile investment in a desirable area.

Investment Analysis

(RM5 area)

Below Market Value

This property is priced -17.0% below area average per sq ft

-17.0%
Potential saving
This Property
£367/sq ft
Area Average
£442/sq ft
Avg Rent (weekly)
£456
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£695,502
10% above area average per sq ft
Potential ROI
+18.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
58%
Properties sold annually

Local Market Trend (RM5)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +3.3%
5 year growth: +22.5%
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

Lodge Lane, Romford, RM5
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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
£1,893
Based on a loan of £393,750 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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