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Pettits Lane North, Romford RM1 - Image 1
Pettits Lane North, Romford RM1 - Image 2
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Pettits Lane North, Romford RM1

London

£525,000
Listed on 11/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Located in the sought-after Rise Park neighborhood, this three-bedroom semi-detached property presents an excellent opportunity for renovation and extension (subject to obtaining the necessary planning permissions). The house includes off-street parking, a garage, and a generous rear garden, which provides ample space for families or those looking to increase the property's value. Inside, the home boasts a bright through lounge, a fitted kitchen, and three well-sized bedrooms that can be easily updated. Its convenient location ensures easy access to local shops, schools, and transport links. With no onward chain, this property offers potential buyers a straightforward purchasing process while leaving room for personal touches and enhancements.

Investment Analysis

(RM1 area)
Area Average
£463/sq ft
Avg Rent (weekly)
£368
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM1)

Area prices are rising by +7.9% over the last 12 months
3 year growth: 7.1%
5 year growth: 8.8%
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

Pettits Lane North, Romford RM1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,923
Based on a loan of £393,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE