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Pettits Lane North, Romford, RM1

London

£600,000

Listed on 26/05/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1421 sqft

Description

This four-bedroom semi-detached property is located in the sought-after area of Rise Park, Romford. With no onward chain, it presents a promising opportunity for families looking to invest and renovate. The home features a traditional exterior that leads into a spacious interior filled with potential. The expansive through-reception room benefits from abundant natural light via a charming bay window, making it an ideal space for entertaining or relaxing. At the rear, the kitchen overlooks the generous garden and connects to a useful utility area, which adds practicality to everyday living. A versatile study at the front can serve as a home office or playroom, catering to various needs. On the upper level, four well-proportioned bedrooms accommodate families comfortably. The two main bedrooms are particularly spacious and equipped with built-in storage solutions, while the additional rooms provide flexibility for changing family dynamics. The first floor also includes both a family bathroom and a shower room, enhancing convenience during busy mornings. The west-facing rear garden extends approximately 85 feet and is an outstanding feature of this home. Its patio area is perfect for outdoor dining, complemented by ample lawn space and mature planting. Additionally, the large plot offers significant potential for further extensions or enhancements—subject to planning permissions—making it an attractive investment prospect. Rise Park boasts proximity to local amenities, green spaces, and reputable schools such as Rise Park Infant & Junior Schools and Marshalls Park Academy. Transport links are excellent with Romford station providing easy access to central London via the Elizabeth line, while road connections via the A12 ensure straightforward travel across wider networks.

Investment Analysis

(RM1 area)

Below Market Value

This property is priced -8.1% below area average per sq ft

-8.1%
Potential saving
This Property
£422/sq ft
Area Average
£460/sq ft
Avg Rent (weekly)
£376
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£718,557
10% above area average per sq ft
Potential ROI
+11.4%
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

Pettits Lane North, 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
£2,141
Based on a loan of £450,000 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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