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Arnside House Leamington Road, Romford, Essex RM3 - Image 1
Arnside House Leamington Road, Romford, Essex RM3 - Image 2

Arnside House Leamington Road, Romford, Essex RM3

London

£185,000
Listed on 19/03/2026

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom ground floor flat presents a compelling opportunity for renovation enthusiasts and investors looking to capitalize on its potential. Featuring a private garden, the property is in need of comprehensive modernization, allowing new owners to fully customize the space according to their preferences. A newly installed Gloworm boiler provides a strong foundation for further improvements. Situated in a well-established residential area, this flat is particularly appealing to cash buyers and developers eager to undertake a project with substantial upside.

Investment Analysis

(RM3 area)
Area Average
£444/sq ft
Avg Rent (weekly)
£436
Avg Yield
5.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM3)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +2.7%
5 year growth: +12.4%
Investment Disclaimer: Analysis based on RM3 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

Arnside House Leamington Road, Romford, Essex RM3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£655
Based on a loan of £138,750 over 30 years at 3.91% 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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