Worst House on the Street Logo
231 Hillrise Road, Collier Row, Romford, Essex, RM5 3BW - Image 1
231 Hillrise Road, Collier Row, Romford, Essex, RM5 3BW - Image 2
231 Hillrise Road, Collier Row, Romford, Essex, RM5 3BW - Image 3
231 Hillrise Road, Collier Row, Romford, Essex, RM5 3BW - Image 4
231 Hillrise Road, Collier Row, Romford, Essex, RM5 3BW - Image 5
231 Hillrise Road, Collier Row, Romford, Essex, RM5 3BW - Image 6
231 Hillrise Road, Collier Row, Romford, Essex, RM5 3BW - Image 7
231 Hillrise Road, Collier Row, Romford, Essex, RM5 3BW - Image 8
231 Hillrise Road, Collier Row, Romford, Essex, RM5 3BW - Image 9
231 Hillrise Road, Collier Row, Romford, Essex, RM5 3BW - Image 10

231 Hillrise Road, Collier Row, Romford, Essex, RM5 3BW

London

£250,000Guide Price

Listed on 09/07/2026

Property details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced property presents a solid investment opportunity, located conveniently at the start of the bus route linking to Romford and Hainault stations, offering easy access to Central London and the Elizabeth Line. The home is currently vacant and shows signs of water damage due to a burst pipe, indicating a need for comprehensive refurbishment. With an extended layout, it features a lounge, dining room, kitchen, utility room, and three bedrooms. A significant aspect of this property is the large loft space that holds potential for conversion into additional living space, such as a master bedroom with an ensuite bathroom, subject to necessary planning permissions. This renovation project could yield valuable returns by modernising the interior while enhancing its overall appeal in a sought-after area.

Investment analysis

(RM5 area)
Area Average
£446/sq ft
Avg Rent (weekly)
£407
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (RM5)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -1.0%
5 year growth: +14.8%
Investment Disclaimer: Analysis based on RM5 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

231 Hillrise Road, Collier Row, Romford, Essex, RM5 3BW
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.