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Hitchin Close, Romford RM3 - Image 1
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Hitchin Close, Romford RM3

London

£350,000
Listed on 28/03/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
1119 sqft

Description

Located in a tranquil cul-de-sac, this three-bedroom end of terrace townhouse presents a solid foundation for those seeking to personalize their living space. The layout features two adaptable reception rooms alongside an open-plan kitchen/diner, making it ideal for both family life and entertaining guests. Although the property requires some modernization, it offers an excellent opportunity for first-time buyers eager to invest in a project or property developers looking for strong rental prospects. Upstairs, you'll discover three comfortably sized bedrooms and a family bathroom, while outside you can enjoy a private garden—perfect for unwinding during warm evenings. Its end-of-terrace position provides added privacy and enhances the influx of natural light throughout the home. This property is situated conveniently near Noak Hill Road and essential local amenities.

Investment Analysis

(RM3 area)

Below Market Value

This property is priced -29.6% below area average per sq ft

-29.6%
Potential saving
This Property
£313/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£436
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£547,074
10% above area average per sq ft
Potential ROI
+42.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM3)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +2.7%
5 year growth: +12.4%
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

Hitchin Close, Romford RM3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,240
Based on a loan of £262,500 over 30 years at 3.91% 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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