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Princes Road, Romford

London

£550,000

Listed on 02/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached

Description

This semi-detached house presents a substantial opportunity for renovation and development. Featuring three bedrooms plus a loft room, the property is situated in a desirable location that is well-connected to both Romford and Gidea Park train stations, benefiting from Elizabeth Line access. The home has been in the same family for many years and offers potential buyers the chance to create a long-term family residence. A standout feature is the large garage and workshop at the rear, which has its own access via Kings Road. This space is ideal for conversion into an annexe or workshop, subject to planning permissions. Inside, the property boasts two reception rooms with high ceilings and ornate details, while the kitchen includes a larder room and the possibility of being transformed into a spacious kitchen/family area. Currently, it also accommodates an outside WC and a lean-to. On the first floor, a generous family bathroom is complemented by three bedrooms, with a staircase leading to the loft that has previously served as a fourth bedroom. Externally, a small patio leads to a raised garden and the sizable outbuilding, providing ample outdoor space. Off-street parking is accessible via Kings Road, allowing for multiple vehicles to be parked both inside and outside the garage.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

50out of 100
Grade DWeak opportunity

Confidence: LOW

This semi-detached house offers a good size layout with three bedrooms and a loft room, presenting a notable development opportunity for those looking to modernise. The property's dated interiors and exterior suggest a canvas ready for transformation, particularly with the large outbuilding that could be converted into an annexe or workshop, subject to planning permissions. The generous room sizes and high ceilings throughout enhance the potential for creating a desirable family home.

While the asking price of £550,000 seems reasonable given the potential, it's important to note that the floor area is missing, making it difficult to assess value against local £/sqf averages at this stage. Renovation costs are estimated between £40,000 and £80,000, which indicates a medium-scale project but also presents an opportunity for substantial value creation. With the right vision and investment, this property could be transformed into a beautiful residence in a sought-after location.

Key opportunities

  • Large outbuilding with potential for conversion into an annexe or workshop
  • Spacious rooms with high ceilings, allowing for creative redesign
  • Potential to extend kitchen into a large family space

Key risks

  • Medium-scale renovation project requiring significant investment

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Map

Location

Princes Road, Romford
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,078
Based on a loan of £412,500 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.

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