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Crownmead Way, Romford RM7 - Image 1
Crownmead Way, Romford RM7 - Image 2
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Crownmead Way, Romford RM7

London

£400,000
Listed on 19/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
838 sqft

Description

This three-bedroom end of terrace house presents a notable opportunity for those looking to invest in a property with renovation potential. Perfectly suited for a couple or young family, this home offers a blank canvas awaiting your personal touch. The living area features a bright bay window and ample space, creating an inviting atmosphere that connects seamlessly to a spacious kitchen/dining room at the rear. This area is well-equipped with cupboard space and accommodates family dining while providing access to the garden. Upstairs, you'll find two double bedrooms along with a third single room perfect for either a child or home office. The family bathroom requires modernization but is generously sized, offering flexibility for redesigning according to your preferences. The approximately 30-foot rear garden provides outdoor space for children to play or summer gatherings with friends and family. Notably, neighbouring properties have successfully undertaken single-storey extensions, indicating strong potential for further development. Situated conveniently near local schools and King George’s Playing Fields, this property is also just a short drive from Romford town centre and its train station, which provides quick access into London via the Elizabeth Line. While this home requires some work, it holds significant promise to become a cherished residence with the right vision and effort.

Investment Analysis

(RM7 area)

Above Market Value

This property is priced +6.3% above area average per sq ft

+6.3%
This Property
£477/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£407
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£413,842
10% above area average per sq ft
Potential ROI
-5.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (RM7)

Area prices are rising by +2.4% over the last 12 months
3 year growth: +5.3%
5 year growth: +27.0%
Investment Disclaimer: Analysis based on RM7 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

Crownmead Way, Romford RM7
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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
£1,443
Based on a loan of £300,000 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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