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Oakley Drive, Romford, RM3

London

£460,000

Listed on 23/07/2026

Property details

Bedrooms
4
Type
Semi Detached
Area
1075 sqft

Description

This four-bedroom semi-detached house presents a promising opportunity for renovation and investment. Nestled next to Dagnam Park and Maylands Golf Club, the property features an entrance hall that leads into a spacious living room with an open connection to the dining area, complemented by a large fitted kitchen and a convenient ground floor WC. The upper level boasts four bedrooms alongside a family bathroom. Notably, the private rear garden offers low maintenance, while the property itself holds significant potential for improvement or extension, subject to obtaining planning permission. Located close to local amenities including supermarkets, schools, and bus services that connect to Romford Market Town Centre, this home is ideally situated for families and commuters alike. Harold Wood Station (Elizabeth Line) is just 1.3 miles away with quick access to major roads into London (A13, A127, M25). This home is available without any chain, making it an excellent choice for those looking to make their mark in a desirable location.

Investment analysis

(RM3 area)

Below Market Value

This property is priced -4.0% below area average per sq ft

-4.0%
Potential saving
This Property
£428/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£466
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£526,981
10% above area average per sq ft
Potential ROI
+4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Oakley Drive, 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
£1,738
Based on a loan of £345,000 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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