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Oakley Drive, Romford, RM3

London

£469,000

Listed on 07/05/2026

Property details

Bedrooms
4
Type
Semi Detached
Area
1075 sqft

Description

This four-bedroom semi-detached house presents a solid opportunity for renovation and enhancement, situated conveniently adjacent to Dagnam Park and Maylands Golf Club. The property features a welcoming entrance hall leading to an expansive living room that connects with the dining area, complemented by a generously sized fitted kitchen and a convenient ground floor WC. Upstairs, you'll find four bedrooms accompanied by a family bathroom. The private rear garden is designed for easy maintenance, allowing potential for outdoor improvements or extensions (subject to planning permission). With no chain sale and proximity to local amenities including supermarkets, schools, and public transport links, this home is ideal for those looking to invest in property with considerable scope for development within a desirable location. For commuting needs, Harold Wood Station is just 1.3 miles away with access to the Elizabeth Line, alongside major road links into London via A13, A127, and M25.

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Investment analysis

(RM3 area)

Below Market Value

This property is priced -2.1% below area average per sq ft

-2.1%
Potential saving
This Property
£436/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£466
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£526,981
10% above area average per sq ft
Potential ROI
+3.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RM3)

Area prices are stable by +0.2% over the last 12 months
3 year growth: +2.8%
5 year growth: +12.5%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,772
Based on a loan of £351,750 over 30 years at 4.45% 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

Price History

-6.2% since listed
£469,000£16,000(-3.3%)
04/06/2026
Current price
£485,000£15,000(-3.0%)
23/05/2026
£500,000Initial listing
11/05/2026

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