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Balgores Lane, Romford

London

£750,000

Listed on 10/06/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1940 sqft

Description

This substantial semi-detached family home in Gidea Park offers promising investment potential for those looking to create a unique residence. With approximately 1,940 sq. ft. of living space spread over three floors, the property is well-situated on a desirable residential road and features a generously sized plot with ample off-street parking and an impressive rear garden measuring about 124ft. The interior consists of a spacious living/dining room, a separate family area, and a kitchen that overlooks the garden—a layout that accommodates various configurations for family life. Four well-sized bedrooms are found upstairs with potential for modernisation and adaptation to suit personal tastes. The expansive loft area presents further opportunities for conversion, while the large garden allows for future expansions or enhancements (subject to planning permissions). This property is perfectly positioned within walking distance to Gidea Park Elizabeth Line Station, offering excellent transport links, and is close to reputable schools, making it highly attractive for families. With its character and size, this home represents an exciting canvas for renovation and development—ideal for buyers who want to invest in creating their dream family home.

Investment Analysis

(RM2 area)

Below Market Value

This property is priced -20.5% below area average per sq ft

-20.5%
Potential saving
This Property
£387/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£375
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,037,124
10% above area average per sq ft
Potential ROI
+22.0%
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 (RM2)

Area prices are falling by -4.8% over the last 12 months
3 year growth: +10.6%
5 year growth: +10.8%
Investment Disclaimer: Analysis based on RM2 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

Balgores Lane, Romford
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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
£2,833
Based on a loan of £562,500 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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