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Havering Road, Romford

London

£500,000

Listed on 22/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
986 sqft

Description

This three-bedroom end of terrace house presents a compelling opportunity for investors and homeowners looking to create their ideal living space. Positioned conveniently near Romford town centre, with excellent access to transport links and local amenities, this property offers great potential for both immediate enjoyment and future enhancements (subject to planning permission). The well-sized layout features a bright open plan reception and dining area, highlighted by a large bay window that invites natural light, leading seamlessly into a practical kitchen equipped with ample storage and worktop space. Upstairs, the principal bedroom benefits from another bay window, complemented by two additional bedrooms suitable for various uses, including a home office or dressing room. The family bathroom completes the interior layout. Externally, the expansive rear garden predominantly laid to lawn offers substantial outdoor space with clear possibilities for extension. With off-street parking available for two vehicles at the front, this property not only meets current needs but also harbours significant potential for growth through renovation and expansion.

Investment Analysis

(RM1 area)

Above Market Value

This property is priced +10.4% above area average per sq ft

+10.4%
This Property
£507/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
£498,103
10% above area average per sq ft
Potential ROI
-7.8%
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
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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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