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8 Cherrydown Walk, Romford, RM7 8HJ - Image 1
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8 Cherrydown Walk, Romford, RM7 8HJ

London

£150,000

Listed on 11/06/2026

Property Details

Bedrooms
2
Type
Maisonette
Area
645 sqft

Description

This leasehold garden maisonette presents a promising opportunity for buyers looking to invest in a property that requires modernization. Located conveniently off Elm Road, it is within walking distance to Romford Town Centre and benefits from good transport links via the Elizabeth Line at Romford Station. Nearby green spaces such as Raphael Park and Bedfords Park enhance the appeal of this area. The self-contained ground floor layout includes an entrance hall, a spacious living room, two bedrooms, a bathroom/WC, and a conservatory, complemented by a private garden. With approximately 84 years remaining on the lease and a manageable ground rent, this property is ideal for those willing to undertake refurbishment work. The potential for upgrading this maisonette could significantly increase its value in this sought-after London location. The EPC rating stands at C, indicating reasonable energy efficiency for future improvements.

Investment Analysis

(RM7 area)

Below Market Value

This property is priced -47.9% below area average per sq ft

-47.9%
Potential saving
This Property
£233/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£405
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£316,792
10% above area average per sq ft
Potential ROI
+66.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (RM7)

Area prices are rising by +2.2% over the last 12 months
3 year growth: +5.1%
5 year growth: +20.7%
Investment Disclaimer: Analysis based on RM7 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

8 Cherrydown Walk, Romford, RM7 8HJ
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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
£567
Based on a loan of £112,500 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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