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

Unknown Region

£350,000
Listed on 23/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1119 sqft

Description

Tucked away in a tranquil cul-de-sac, this three-bedroom end-of-terrace townhouse offers a spacious layout with significant potential for renovation and investment. The two adaptable reception rooms can be customized to suit your needs, whether it's creating inviting spaces for family gatherings or enhancing the flow for entertaining. The open-plan kitchen/diner provides a functional core for daily life, ripe for modern updates that reflect contemporary tastes. Though the property is in need of some updating, it stands as an excellent opportunity for first-time buyers eager to personalize their new home, or for investors looking to capitalize on strong rental demand by transforming it into a desirable rental unit. The three generously sized bedrooms upstairs provide ample accommodation, complemented by a family bathroom that could benefit from refurbishment. Outside, the private garden offers a peaceful retreat, ideal for unwinding after a long day or hosting summer barbecues. As an end-of-terrace townhouse, this property enjoys additional privacy and enhanced natural light throughout its living spaces. Conveniently located near Noak Hill Road, residents will benefit from easy access to local amenities and transport links, further adding to the property's appeal and long-term investment potential. This is a canvas ready for your creative touch and vision.

Investment Analysis

(RM3 area)

Below Market Value

This property is priced -30.1% below area average per sq ft

-30.1%
Potential saving
This Property
£313/sq ft
Area Average
£448/sq ft
Avg Rent (weekly)
£443
Avg Yield
5.5%

Renovation Potential

Est. Renovation Cost
£35,000 - £87,500
10-25% of property value
Target Value
£550,889
10% above area average per sq ft
Potential ROI
+25.9%
After renovation
Monthly Sales
30
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (RM3)

Area prices are rising by +4.4% over the last 12 months
3 year growth: 9.2%
5 year growth: 22.6%
Investment Disclaimer: Analysis based on RM3 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

Hitchin Close, Romford, Essex RM3
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