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Havering Road, Romford, RM1

London

£600,000

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1543 sqft

Description

This semi-detached family home offers a versatile space with three to four bedrooms and living accommodation exceeding 1500 sq ft. The property presents significant renovation potential, particularly with the possibility of extending, subject to planning approvals. It features two reception rooms equipped with log burners, providing a cozy environment, while the kitchen/diner is functional but could benefit from modern updates. The outbuilding adds additional value and could serve as a studio or workshop. With a driveway accommodating multiple vehicles and its close proximity to major roads like the A12 and M25, this property is ideal for families looking to invest in their future home while enhancing its overall appeal.

Investment Analysis

(RM1 area)

Below Market Value

This property is priced -15.3% below area average per sq ft

-15.3%
Potential saving
This Property
£389/sq ft
Area Average
£459/sq ft
Avg Rent (weekly)
£378
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£779,485
10% above area average per sq ft
Potential ROI
+21.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RM1)

Area prices are rising by +7.3% over the last 12 months
3 year growth: +10.2%
5 year growth: +19.7%
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

Havering Road, Romford, RM1
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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
£2,267
Based on a loan of £450,000 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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