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Gresham Drive, Romford, Essex RM6 - Image 1
Gresham Drive, Romford, Essex RM6 - Image 2
Gresham Drive, Romford, Essex RM6 - Image 3

Gresham Drive, Romford, Essex RM6

London

£475,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
End Terrace
Area
880 sqft

Description

This three-bedroom end of terrace house on Gresham Drive offers a promising canvas for those looking to invest or renovate. Ideally situated near King George’s Hospital, as well as various local amenities and transport options, it provides both convenience and potential for transformation. The property includes a private driveway and garage for off-street parking, enhancing its practicality. Inside, the layout features three decent-sized bedrooms and a living area that invites modern updates, particularly in the kitchen space which is ripe for refurbishment, making it an excellent choice for buyers keen on adding personal touches and increasing value. The favorable end-of-terrace positioning not only grants extra privacy but also presents opportunities for expansion, subject to planning approval. This home stands out as a fantastic prospect for families, professionals, or investors aiming to unlock its full potential.

Investment Analysis

(RM6 area)

Above Market Value

This property is priced +20.4% above area average per sq ft

+20.4%
This Property
£540/sq ft
Area Average
£448/sq ft
Avg Rent (weekly)
£439
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£433,954
10% above area average per sq ft
Potential ROI
-15.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (RM6)

Area prices are rising by +2.4% over the last 12 months
3 year growth: 0.0%
5 year growth: +6.5%
Investment Disclaimer: Analysis based on RM6 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

Gresham Drive, Romford, Essex RM6
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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
£1,713
Based on a loan of £356,250 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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