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Noak Hill Road, Romford

London

£725,000
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
2045 sqft

Description

This three-bedroom detached bungalow offers a significant opportunity for renovation and investment, ideal for families wanting to personalize their space. Set on an elevated plot with an impressive in-and-out driveway, the home features three spacious double bedrooms and a contemporary bathroom alongside an additional cloakroom. The highlight is the expansive open-plan living area measuring 38' x 17', which merges the kitchen, dining, and lounge areas—providing a versatile foundation for modern family living. The generous rear garden includes a functional outbuilding that can serve as a home office or extra living space. The attached garage presents possibilities for lateral or vertical expansion, subject to obtaining the necessary planning permissions. Located near local amenities and well-connected transport options including Harold Wood station, this property balances convenience with potential for enhancement and customization.

Investment Analysis

(RM3 area)

Below Market Value

This property is priced -20.6% below area average per sq ft

-20.6%
Potential saving
This Property
£355/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£426
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£1,004,402
10% above area average per sq ft
Potential ROI
+27.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RM3)

Area prices are falling by -2.9% over the last 12 months
3 year growth: +2.2%
5 year growth: +11.4%
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

Noak Hill Road, Romford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,587
Based on a loan of £543,750 over 30 years at 3.97% 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.

Stamp Duty Calculator

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