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Navarre Gardens, Romford RM5

London

£425,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
775 sqft

Description

This three-bedroom home presents a solid opportunity for first-time buyers and those looking to invest in a property with renovation potential. Upon entry, a welcoming porch leads into a bright and spacious lounge that offers a canvas for personalization. The natural light flows through the space, providing an inviting atmosphere that could be transformed with modern upgrades. At the rear of the house, you'll find a well-equipped kitchen featuring ample cabinetry and workspace. This area includes a generous dining space, perfect for family gatherings or entertaining guests. Access to the landscaped rear garden allows for outdoor enhancements or simply enjoying the existing decked area throughout the year. The ground floor benefits from easy-to-maintain laminated wood flooring, while the upstairs is fitted with comfortable carpeting in the bedrooms—ideal for creating cozy retreats. The first floor accommodates two large double bedrooms and another single bedroom suitable for various uses, whether as a nursery, guest room, or home office. A contemporary family bathroom rounds out this level, offering quality fixtures that could be upgraded to match personal tastes. Additional features include a garage at the rear of the property, providing secure parking and valuable storage options. There is also significant potential for expansion into the loft area (subject to planning permission), allowing future owners to further increase living space. Located conveniently near Collier Row High Street, this home is surrounded by essential amenities such as supermarkets, local shops, cafés, and restaurants—all within walking distance. Transport links are excellent; several bus routes serve the area with direct access to Romford Town Centre and its shopping and entertainment offerings. For commuters, Romford Station on the Elizabeth Line provides swift connections into Central London. Families will appreciate access to reputable schools and parks in the vicinity, which offer safe spaces for children to play and recreational activities. This property sits within an established community that balances convenience with charm—an ideal setting for both living and investing in your future.

Investment Analysis

(RM5 area)

Above Market Value

This property is priced +23.5% above area average per sq ft

+23.5%
This Property
£548/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£469
Avg Yield
5.4%

Renovation Potential

Est. Renovation Cost
£42,500 - £106,250
10-25% of property value
Target Value
£378,595
10% above area average per sq ft
Potential ROI
-28.7%
After renovation
Monthly Sales
8
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (RM5)

Area prices are rising by +8.0% over the last 12 months
3 year growth: 6.8%
5 year growth: 26.9%
Investment Disclaimer: Analysis based on RM5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Navarre Gardens, Romford RM5
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