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Palm Road, Romford, Essex RM7

London

£449,950

Listed on 25/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
963 sqft

Description

This three-bedroom semi-detached house offers a prime opportunity for investors and buyers looking to add value through renovation. With a flexible layout, the property features a spacious reception area and a separate kitchen that is ripe for modernization. The upper floor hosts three bedrooms, which can be adapted for family life or converted into a home office or guest space. A detached garage adds convenience, providing additional storage or parking—a notable benefit in this desirable location. The extensive rear garden presents an opportunity for landscaping or extension (subject to planning permission), allowing new owners to truly personalize their living space. Its chain-free status enables a smooth purchase process, making it even more appealing for those eager to transform this well-proportioned house into a modern home. Within close proximity to town amenities and transport links, this property stands out as a canvas for creative enhancements.

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Investment analysis

(RM7 area)

Above Market Value

This property is priced +4.9% above area average per sq ft

+4.9%
This Property
£467/sq ft
Area Average
£445/sq ft
Avg Rent (weekly)
£418
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£471,759
10% above area average per sq ft
Potential ROI
-5.6%
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
15%
Properties sold annually

Local Market Trend (RM7)

Area prices are stable by +1.3% over the last 12 months
3 year growth: +4.6%
5 year growth: +17.4%
Investment Disclaimer: Analysis based on RM7 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

Palm Road, Romford, Essex RM7
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,700
Based on a loan of £337,462 over 30 years at 4.45% 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.

Stamp duty calculator

Next Steps

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