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Ascension Road, Romford, RM5

London

£895,000

Listed on 08/06/2026

Property Details

Bedrooms
5
Type
Detached
Area
2579 sqft

Description

This impressive five-bedroom detached home sits on one of RM5's most sought-after streets, offering a substantial living space of over 2,500 sq ft. With a sprawling 140ft rear garden, this property not only presents a comfortable residence but also considerable potential for future enhancements. The home's design features two spacious reception areas and a large kitchen/dining room that lends itself perfectly to modern family dynamics and entertaining guests. A practical utility room and ground-floor WC add to the functionality of the ground level. The upper floors house five genuine double bedrooms, including a noteworthy loft conversion that adds approximately 400 sq ft of living space, complete with a dressing area and en-suite shower. This principal suite serves as an ideal retreat, ensuring privacy from the rest of the household. Overall, four bathrooms are available, with three bedrooms benefiting from their own en-suite facilities. The extensive outdoor area is particularly rare in the region, with ample width providing an excellent canvas for landscaping or recreational amenities. Additionally, there is potential for expansion through the existing garage, which could be converted or extended (subject to planning approvals), adding significant value to the property. Conveniently located near reputable schools and local amenities while being surrounded by transport links and green spaces makes this property not just a home but also a strategic investment opportunity in an appealing family-oriented neighbourhood.

Investment Analysis

(RM5 area)

Below Market Value

This property is priced -22.4% below area average per sq ft

-22.4%
Potential saving
This Property
£347/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£398
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,268,945
10% above area average per sq ft
Potential ROI
+25.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RM5)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -1.8%
5 year growth: +15.2%
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

Ascension Road, Romford, RM5
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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
£3,381
Based on a loan of £671,250 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

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