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Coltsfoot Path, Romford, RM3 - Image 1

Coltsfoot Path, Romford, RM3

London

£280,000

Listed on 14/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
892 sqft

Description

This two-bedroom property, available with no onward chain, represents a significant opportunity for those looking to renovate and enhance a home in a well-established residential area. The living space is generously sized and offers flexibility, allowing potential buyers to reconfigure the layout, including the option to transform one of the bedrooms into an additional third bedroom, catering to growing families or those working from home. While it requires some updating, this home is perfect for first-time buyers or investors seeking to add value through personal touches and modernisation. Located conveniently near local amenities, schools, and transport links, properties with such renovation potential in desirable locations are becoming increasingly rare.

Investment analysis

(RM3 area)

Below Market Value

This property is priced -29.6% below area average per sq ft

-29.6%
Potential saving
This Property
£314/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£466
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£437,272
10% above area average per sq ft
Potential ROI
+41.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RM3)

Area prices are stable by +0.2% over the last 12 months
3 year growth: +2.8%
5 year growth: +12.5%
Investment Disclaimer: Analysis based on RM3 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

Coltsfoot Path, Romford, RM3
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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
£1,058
Based on a loan of £210,000 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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