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51 Ferguson Avenue, Romford, RM2 6RP - Image 1
51 Ferguson Avenue, Romford, RM2 6RP - Image 2
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51 Ferguson Avenue, Romford, RM2 6RP

London

£275,000

Listed on 11/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1031 sqft

Description

This end-of-terrace chalet bungalow presents a noteworthy opportunity for investment and renovation in the heart of Romford. With vacant possession, this property is ideally located at the junction with Ferguson Court, providing easy access to local amenities and transport links, including Gidea Park and Romford Train Stations. Surrounded by the greenery of Raphael Park, it combines accessibility with a pleasant residential atmosphere. The accommodation spans two floors, comprising three bedrooms alongside essential living spaces. The ground floor features an entrance porch, hall, a through reception room leading to a sun room, kitchen, and a shower room/WC. Upstairs are two well-proportioned bedrooms, allowing for flexible use of space. While this bungalow requires modernisation throughout, it offers significant potential to create a comfortable family home or rental investment. The front garden and rear garden offer additional outdoor space that can be enhanced through landscaping efforts. Given its condition and location, this property represents not just a renovation project but also an opportunity for growth in value through thoughtful updates.

Investment Analysis

(RM2 area)

Below Market Value

This property is priced -45.1% below area average per sq ft

-45.1%
Potential saving
This Property
£267/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£375
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£551,173
10% above area average per sq ft
Potential ROI
+75.0%
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

51 Ferguson Avenue, Romford, RM2 6RP
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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
£1,039
Based on a loan of £206,250 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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