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Edward Road, Romford, RM6

London

£500,000

Listed on 20/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
940 sqft

Description

This three-bedroom family home is nestled in a desirable area known for its strong community appeal and accessibility. Ideal for first-time buyers, families, or investors looking to capitalize on its investment potential, the property features generous living spaces that can be reimagined with thoughtful renovations. Located just a stone's throw from essential transport links, local shops, and reputable schools, this home is also conveniently near parks and recreational activities. The ground floor greets you with an inviting hallway that leads into a spacious living room—a versatile area perfect for both leisure and entertainment. Adjacent to this is a dining room that overlooks the garden, providing a seamless flow for gatherings. The kitchen is practical but presents opportunities for modernization, potentially enhancing both function and style as it offers ample storage and workspace. On the upper level, you will find three bedrooms; two are sizable doubles alongside a single room that can easily serve as a nursery or home office. A family bathroom rounds out the first floor's offerings. This residence benefits from gas central heating and double glazing which contributes to its energy efficiency. Outdoors, the well-maintained rear garden provides an excellent space for relaxation and outdoor activities. With the appropriate planning permissions (STPP), there remains significant potential to extend or alter this property to fit individual needs further. With its solid structure and prime location offering possibilities for enhancement, this property represents an outstanding opportunity for those looking to invest in their future.

Investment Analysis

(RM6 area)

Above Market Value

This property is priced +17.3% above area average per sq ft

+17.3%
This Property
£532/sq ft
Area Average
£453/sq ft
Avg Rent (weekly)
£427
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£468,867
10% above area average per sq ft
Potential ROI
-14.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RM6)

Area prices are rising by +4.5% over the last 12 months
3 year growth: +1.5%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on RM6 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

Edward Road, Romford, RM6
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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
£1,889
Based on a loan of £375,000 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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