Mowbrays Road, Romford
London
£425,000
Listed on 07/10/2026
Listed on 07/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
823 sqftFeatures
- Garage
- Garden
Description
This three-bedroom terraced house has a front living room with a bay window and a kitchen-dining area at the rear, with French doors opening onto the garden. Upstairs are two double bedrooms, a third bedroom suitable for use as a child’s room or study, and a shower room with a walk-in shower.
The garden has a patio and lawn, with a garage at the far end offering storage and possible alternative uses. The listing notes scope to consider a rear extension or loft conversion, subject to the necessary permissions and feasibility checks. Nearby amenities include Lawns Park, local primary schools and transport links including Romford Station.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
43out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a clean, usable three-bedroom house with a bright bay-fronted living room, a garden opening from the kitchen-diner and a substantial garage that adds useful storage or workspace potential. The dated kitchen fittings and older decorative details offer a clear, selective modernisation project, while the garden could benefit from some straightforward attention; the shower room appears serviceable. The listing also points to possible extension or loft-conversion options, subject to permissions and feasibility.
The main drawback is the price: at £425,000, the asking figure is about 16% above the local average per square foot. With the £6,000–£18,000 refurb range added, the purchase and works cost is also stretched against the local benchmark for this floor area; that comparison is not a forecast of renovated value. Overall, there is a manageable improvement canvas and useful space, but the numbers make this a low-opportunity buy at the current asking price.
Key opportunities
- Modernise the dated kitchen fittings and decorative finishes selectively while keeping the home usable.
- Improve the garden’s presentation with modest work to the uneven or sparse lawn and worn front paving.
- Make use of the large rear garage for storage or workspace; the listing also mentions possible extension or loft options, subject to permissions and feasibility.
Key risks
- At the asking price, adding the stated refurb budget leaves the purchase-and-works outlay stretched against the local benchmark for a home of this size.
- Worth allowing for £437,000 including the asking price and quoted works of about £12,000, about 16% ahead of typical local benchmarks for this size — current-condition benchmarks only, not after-works GDV.
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Transport
Nearest stations
Romford Rail Station
1.3 miles
Train · Romford
Gidea Park Rail Station
1.6 miles
Train · Gidea Park
Chadwell Heath Rail Station
2.6 miles
Train · Chadwell Heath
Harold Wood Rail Station
2.6 miles
Train · Harold Wood
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
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
£1,606
Based on a loan of £318,750 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.
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