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Romford Road, Forest Gate E7 - Image 1
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Romford Road, Forest Gate E7

London

£700,000
Listed on 10/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1340 sqft

Description

This Victorian terrace presents an intriguing opportunity for those looking to invest in a property with significant renovation potential. The home features three spacious bedrooms and a generous double reception room, complemented by high ceilings and original detailing that speaks to its period charm. The bright and airy kitchen opens out to a long garden, offering excellent scope for extension, subject to planning permission, which could dramatically enhance living space and functionality. Additionally, the opportunity to convert the loft may provide further value by creating an extra bedroom or versatile living area. While the property is already comfortable, modernising the interior could increase its appeal while retaining its historical character. The cellar adds practical storage solutions but could also be transformed into additional usable space with the right vision. Set within a vibrant East London neighbourhood with easy access to transport links and local amenities, this house is well-positioned for future growth in value—making it an enticing option for both families and investors alike.

Investment Analysis

(E7 area)

Above Market Value

This property is priced +1.3% above area average per sq ft

+1.3%
This Property
£522/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£478
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£759,773
10% above area average per sq ft
Potential ROI
-3.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (E7)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 4.0%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on E7 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

Romford Road, Forest Gate E7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,564
Based on a loan of £525,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE