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Hitchin Close, Romford, RM3

London

£350,000
Listed on 13/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1119 sqft

Description

This three-bedroom end-of-terrace townhouse is situated in a peaceful cul-de-sac, presenting an exciting opportunity for those looking to invest or enhance their living space. The property boasts a spacious layout featuring two adaptable reception rooms and an open-plan kitchen/diner that can be reimagined to suit contemporary lifestyles. Although the home requires some modernization, it offers significant potential for first-time buyers eager to enter the market or investors seeking a valuable rental project. Upstairs, you will find three sizeable bedrooms alongside a family bathroom, while the exterior includes a private garden space ideal for outdoor enjoyment. The end-of-terrace position lends the property added privacy and light. Conveniently located near Noak Hill Road and local amenities, this home is ripe for transformation.

Investment Analysis

(RM3 area)

Below Market Value

This property is priced -29.8% below area average per sq ft

-29.8%
Potential saving
This Property
£313/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£462
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£548,551
10% above area average per sq ft
Potential ROI
+42.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (RM3)

Area prices are rising by +2.9% over the last 12 months
3 year growth: 4.6%
5 year growth: 20.0%
Investment Disclaimer: Analysis based on RM3 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

Hitchin Close, Romford, RM3
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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
£1,282
Based on a loan of £262,500 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.

Next Steps

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