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Ravenswood Close, Romford RM5 - Image 1
Ravenswood Close, Romford RM5 - Image 2
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Ravenswood Close, Romford RM5

London

£475,000
Listed on 16/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1227 sqft

Description

This semi-detached house, featuring 2 to 3 bedrooms, presents a valuable opportunity for renovation and investment in a desirable cul-de-sac location. The property includes a large attached garage and off-street parking, providing ample space for potential expansion or conversion into additional living areas, subject to planning permission. With local amenities such as shops, parks, and schools within walking distance, the home is well-situated for families. Commuters will appreciate the proximity to bus services and major road connections leading to Central London and surrounding areas. The current layout comprises an entrance porch, lounge, dining room, kitchen, two bedrooms (with the possibility of converting one to create a third), and a family bathroom. This property offers significant scope for improvement while benefitting from the conveniences of urban living.

Investment Analysis

(RM5 area)

Below Market Value

This property is priced -13.0% below area average per sq ft

-13.0%
Potential saving
This Property
£387/sq ft
Area Average
£445/sq ft
Avg Rent (weekly)
£418
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£600,347
10% above area average per sq ft
Potential ROI
+14.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (RM5)

Area prices are rising by +6.4% over the last 12 months
3 year growth: 5.7%
5 year growth: 25.7%
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

Ravenswood Close, Romford RM5
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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
£1,740
Based on a loan of £356,250 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