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Charlotte Gardens, Romford RM5 - Image 1
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Charlotte Gardens, Romford RM5

London

£390,000
Listed on 15/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
793 sqft

Description

Nestled in a well-regarded area of Romford, this three-bedroom terraced property presents an appealing opportunity for families and first-time buyers alike. The home's spacious kitchen/diner creates an inviting environment for gatherings or casual dining with loved ones. Complemented by a detached garage and off-street parking, this dwelling ensures both convenience and additional storage solutions.<br><br>Families will appreciate the proximity to local primary schools, while commuters will benefit from the nearby Romford Station on the Elizabeth Line, providing quick access to central London. Essential amenities are conveniently located just 0.2 miles from your doorstep, enhancing everyday living.<br><br>This property also features potential for extension, pending planning permission, offering the flexibility to modify living spaces as your requirements evolve. For those looking to invest in a promising area with excellent transport links and community services, this home represents a valuable opportunity for renovation and customization.

Investment Analysis

(RM5 area)

Above Market Value

This property is priced +11.2% above area average per sq ft

+11.2%
This Property
£492/sq ft
Area Average
£442/sq ft
Avg Rent (weekly)
£456
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£385,687
10% above area average per sq ft
Potential ROI
-14.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
58%
Properties sold annually

Local Market Trend (RM5)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +3.3%
5 year growth: +22.5%
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

Charlotte Gardens, 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
£1,407
Based on a loan of £292,500 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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