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Bower Close, ROMFORD, Essex, RM5

London

£525,000

Listed on 27/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1350 sqft

Description

This extended family home offers a versatile layout and ample space, ideal for those looking to make a property their own. The generous through lounge and dining area is complemented by a sizable kitchen diner, which also features a utility/storage room. A modern downstairs shower room adds convenience, while upstairs, three spacious bedrooms provide flexibility for family living. The property's family bathroom further supports busy mornings with multiple users. Outdoors, the substantial garden is accompanied by outbuildings and a summer house that could serve as a home office or creative space. The front of the property accommodates off-street parking for multiple vehicles, enhancing its practicality. Situated close to local amenities in Rise Park and Collier Row, with excellent transport links to Romford station and easy access to major commuter routes, this home presents significant renovation potential for value enhancement in a desirable area.

Investment Analysis

(RM5 area)

Below Market Value

This property is priced -12.8% below area average per sq ft

-12.8%
Potential saving
This Property
£389/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£406
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£662,087
10% above area average per sq ft
Potential ROI
+17.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (RM5)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -1.7%
5 year growth: +15.6%
Investment Disclaimer: Analysis based on RM5 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

Bower Close, ROMFORD, Essex, RM5
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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
£1,873
Based on a loan of £393,750 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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