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Oakley Drive, Romford, RM3

London

£500,000
Listed on 07/05/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1075 sqft

Description

This semi-detached four-bedroom house presents a promising opportunity for both families and investors. Located near the picturesque Dagnam Park and Maylands Golf Club, this property boasts off-street parking and a generous layout. The ground floor features an entrance hall that leads into a spacious living room, which flows into the dining area and a sizeable fitted kitchen, in addition to a convenient ground floor WC. Upstairs, you will find four well-proportioned bedrooms and a family bathroom. The rear garden is manageable, making it ideal for outdoor leisure or further landscaping potential. The residence offers an ideal canvas for renovation and extension, subject to obtaining the necessary planning permissions, allowing you to tailor it to your preferences or enhance its market value. Situated close to local amenities including supermarkets, schools, and shops, the property also benefits from excellent transport links with nearby bus routes and Harold Wood Station (Elizabeth Line) just 1.3 miles away. Major roadways such as the A13, A127, and M25 are easily accessible for commuters heading into London.

Investment Analysis

(RM3 area)

Above Market Value

This property is priced +4.2% above area average per sq ft

+4.2%
This Property
£465/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£426
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£527,986
10% above area average per sq ft
Potential ROI
-2.2%
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

Oakley Drive, Romford, RM3
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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
£1,784
Based on a loan of £375,000 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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