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Mill Lane, Chadwell Heath, RM6

London

£550,000

Listed on 16/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1348 sqft

Description

Located in the sought-after area of Romford, this three-bedroom semi-detached home offers significant potential for renovation and investment. Spanning approximately 1,348 square feet on a desirable corner plot, the property’s layout is conducive to future enhancements, pending necessary planning approvals.

Upon entry, you are greeted by two spacious reception rooms that create a welcoming space ideal for family gatherings or entertaining. The added conservatory infuses the home with light and provides a lovely connection to the outdoor area. Off-street parking is available for multiple vehicles, complemented by a detached garage, ensuring practicality for residents and visitors alike.

The property enjoys proximity to local amenities along High Road and easy access to Chadwell Heath station, making it convenient for commuters heading into London.

This chain-free residence not only serves as an excellent family home but also presents a noteworthy opportunity for investors looking to capitalize on its extension possibilities and general improvements. With its attractive layout and prime location, this semi-detached house is worth considering for those interested in enhancing their living environment in Romford.

Investment Analysis

(RM6 area)

Below Market Value

This property is priced -9.5% below area average per sq ft

-9.5%
Potential saving
This Property
£408/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£420
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£668,446
10% above area average per sq ft
Potential ROI
+9.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM6)

Area prices are rising by +6.3% over the last 12 months
3 year growth: +1.5%
5 year growth: +11.6%
Investment Disclaimer: Analysis based on RM6 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

Mill Lane, Chadwell Heath, RM6
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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
£1,962
Based on a loan of £412,500 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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