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Parkside Avenue, Romford, RM1

London

£500,000

Listed on 08/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
861 sqft

Description

This well-positioned three-bedroom end-of-terrace house is situated in the sought-after Marshalls Park area of Romford, presenting an excellent opportunity for renovation and investment. The property occupies a larger than average plot which not only offers off-street parking but also convenient side access for vehicles, enhancing the potential for future extensions or reconfigurations, subject to planning approvals. The interior provides a practical layout with a bright living room featuring a bay window, creating an inviting atmosphere. Adjacent to this is a second reception room that can serve as a dining space, family area, or playroom with direct access to the garden—ideal for entertaining or family activities. The kitchen runs alongside the home, offering a functional space that could be modernized or restructured as part of any planned improvements. Upstairs, the property hosts three generous bedrooms along with a family bathroom. The main bedroom benefits from the front-facing bay window while a second double bedroom overlooks the garden. The third bedroom presents versatile usage options such as a child's room, nursery, home office, or dressing area. The rear garden is particularly appealing with its patio and lawn space suitable for outdoor gatherings and children's play. Given its wider plot and side access, there exists significant potential for expansion or development opportunities with appropriate consent. Located conveniently near local shops and parks, residents will find daily amenities within easy reach. Commuters can enjoy close proximity to major roadways like the A12 and public transport services including Romford and Gidea Park stations that facilitate swift travel into Central London and towards Heathrow Airport. Several schools are also within reach making this location advantageous for families seeking educational options.

Investment analysis

(RM1 area)

Above Market Value

This property is priced +28.1% above area average per sq ft

+28.1%
This Property
£581/sq ft
Area Average
£453/sq ft
Avg Rent (weekly)
£367
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£429,226
10% above area average per sq ft
Potential ROI
-20.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM1)

Area prices are rising by +4.4% over the last 12 months
3 year growth: +8.8%
5 year growth: +19.6%
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

Parkside Avenue, 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
£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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