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Arnside House Leamington Road, Romford, Essex, RM3 - Image 1
Arnside House Leamington Road, Romford, Essex, RM3 - Image 2

Arnside House Leamington Road, Romford, Essex, RM3

London

£190,000
Listed on 03/03/2026

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom ground floor flat presents a prime opportunity for renovation enthusiasts and investors aiming to enhance value. The property includes the added benefit of a private garden, offering potential for outdoor improvements as well. Inside, the flat is in need of comprehensive modernisation, allowing you to tailor the space according to personal preferences or to maximize market appeal. Recently equipped with a new Gloworm boiler, this feature lays a solid foundation for further upgrades. Ideal for cash buyers and developers, this flat sits in a stable residential area, making it an excellent investment project with promising returns.

Investment Analysis

(RM3 area)
Area Average
£445/sq ft
Avg Rent (weekly)
£447
Avg Yield
5.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (RM3)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +3.1%
5 year growth: +15.9%
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

Arnside House Leamington Road, Romford, Essex, RM3
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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
£685
Based on a loan of £142,500 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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