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Collier Row Lane, Romford RM5 - Image 1
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Collier Row Lane, Romford RM5

London

£550,000
Listed on 05/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1541 sqft

Description

This substantial corner plot property offers an abundance of potential for those with a vision to transform it into their ideal family residence. Currently featuring four bedrooms and two bathrooms across more than 1,500 square feet, the house has already seen an extension to the side. The expansive outdoor space significantly enhances its appeal, with opportunities to reconfigure the existing layout or even develop an additional dwelling at the rear of the garden, subject to obtaining planning permission. Upon entering, you're welcomed by a spacious lounge and dining area that flows into a lean-to conservatory—this area can be reimagined or replaced entirely to create better integration with the garden. The kitchen is conveniently located at the back, and thanks to the single-storey side extension, there’s a generous fourth bedroom with an adjacent bathroom, perfect for reworking into a self-contained annexe for multigenerational living. On the upper level, three bedrooms await along with a family bathroom and separate WC—two of which are good-sized doubles while one serves admirably as a child’s room or home office. The outdoor space includes a lengthy mature rear garden adorned with fruit trees and features like a detached garage with rear access from Kenway Street. With a dropped kerb already established, there's significant potential to divide the plot for another home or bungalow at the end of the garden (subject to planning approval). This property is well-suited for families seeking to customize their living space or developers looking to maximize its potential. Located conveniently near local schools such as Parklands Primary School (0.4 miles) and Clockhouse Primary School (0.7 miles), as well as Lawns Park (0.4 miles) for leisure activities, this home stands ready for transformation into something truly special, whether as an enduring family sanctuary or an investment project.

Investment Analysis

(RM5 area)

Below Market Value

This property is priced -18.9% below area average per sq ft

-18.9%
Potential saving
This Property
£357/sq ft
Area Average
£440/sq ft
Avg Rent (weekly)
£420
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£745,590
10% above area average per sq ft
Potential ROI
+18.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (RM5)

Area prices are rising by +3.0% over the last 12 months
3 year growth: +2.5%
5 year growth: +20.4%
Investment Disclaimer: Analysis based on RM5 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

Collier Row Lane, Romford RM5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,984
Based on a loan of £412,500 over 30 years at 4.06% 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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