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98 Lower Bedfords Road, Romford, RM1

London

£2,500,000

Listed on 21/05/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
3550 sqft

Description

This distinctive detached bungalow spans approximately 2.97 acres and features an array of outbuildings, including workshops and stables, adding to its extensive built footprint of around 8,000 sq ft. This property is an exceptional canvas for those interested in a versatile living space with immediate potential for business or a visionary redevelopment project, pending the necessary planning permissions (subject to planning permission). The main residence offers both comfort and character, making it ideal for those who wish to embrace a semi-rural lifestyle while retaining good access to urban conveniences. The surrounding land accompanies the existing structures, presenting diverse opportunities ranging from equestrian use to commercial ventures or even bespoke home-office environments. For developers and investors, the property’s size and established buildings offer significant prospects for enhancing value through redevelopment or reconfiguration (STPP). Properties with such generous acreage and flexibility are rarely available in this market. Located conveniently on the outskirts of Romford, this property benefits from a serene countryside ambiance while being just moments away from essential amenities and excellent transport links into London and broader Essex.

Investment Analysis

(RM1 area)

Above Market Value

This property is priced +53.2% above area average per sq ft

+53.2%
This Property
£704/sq ft
Area Average
£460/sq ft
Avg Rent (weekly)
£376
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £180,000
Target Value
£1,795,129
10% above area average per sq ft
Potential ROI
-33.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM1)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +3.4%
5 year growth: +12.0%
Investment Disclaimer: Analysis based on RM1 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

98 Lower Bedfords Road, Romford, RM1
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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
£8,919
Based on a loan of £1,875,000 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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