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Hainault, ROMFORD, Essex, RM5

London

£500,000
Listed on 11/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1260 sqft

Description

This property presents a significant opportunity for those looking to create a personalized living space. Currently featuring a generous through lounge and an extended rear kitchen, it also includes a large utility room with existing plumbing — perfect for adding a downstairs bathroom or toilet. The upper level consists of three well-proportioned bedrooms and a shower room, while the potential for future enhancements is notable, including loft conversion and side extension possibilities subject to planning permissions. The outdoor space boasts a substantial garden exceeding 70 feet, complemented by off-street parking at the front. Conveniently situated near Collier Row's shops and amenities, this property offers excellent transport links to Romford station and Hainault Tube Line, making it ideal for commuters to Central London and surrounding areas via major routes such as the A127, A12, and M25.

Investment Analysis

(RM5 area)

Below Market Value

This property is priced -10.5% below area average per sq ft

-10.5%
Potential saving
This Property
£397/sq ft
Area Average
£443/sq ft
Avg Rent (weekly)
£415
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£614,483
10% above area average per sq ft
Potential ROI
+11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (RM5)

Area prices are rising by +4.5% over the last 12 months
3 year growth: 4.5%
5 year growth: 22.8%
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

Hainault, ROMFORD, Essex, RM5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 over 30 years at 4.19% 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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