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Moray Way, Romford, RM1

London

£525,000

Listed on 15/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1087 sqft

Description

Nestled in the desirable Rise Park area, this three-bedroom semi-detached home spans approximately 1,000 sq ft and presents an excellent opportunity for those looking to invest in a property with significant renovation potential. The entrance hallway leads you into a spacious 25ft reception/dining room, designed to serve both family life and social gatherings. The kitchen overlooks the expansive 45ft rear garden, which features a patio and raised decking—ideal for outdoor entertaining. On the first floor, you'll find three generously sized bedrooms along with a family bathroom. This property not only offers comfortable living spaces but also provides ample scope for transformation; plans for a considerable rear extension and loft conversion could greatly enhance its value (subject to planning permissions). The front of the property boasts a driveway for off-street parking for two vehicles and a detached garage that holds further potential for conversion or additional storage. The sought-after location enjoys proximity to green spaces such as Rise Park and Bedfords Park, making it attractive for families seeking outdoor recreational activities. With local amenities, reputable schools, and easy access to Romford town centre as well as the Elizabeth Line offering swift connections into London, this home presents not just a comfortable residence but a smart investment for future growth.

Investment analysis

(RM1 area)

Above Market Value

This property is priced +6.6% above area average per sq ft

+6.6%
This Property
£483/sq ft
Area Average
£453/sq ft
Avg Rent (weekly)
£367
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £80,000
Target Value
£541,891
10% above area average per sq ft
Potential ROI
-10.4%
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

Moray Way, 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
£1,983
Based on a loan of £393,750 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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