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Mount Pleasant Road, Romford RM5 - Image 1
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Mount Pleasant Road, Romford RM5

London

£375,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
1064 sqft

Description

This property presents a chain-free opportunity for those looking to invest or create a personalized living space. The home requires modernisation throughout, which makes it appealing for developers and families eager for a renovation project. Currently, it offers a generous through lounge and dining area, alongside a separate kitchen that opens up to a private rear garden—ideal for reconfiguration or extension (subject to the necessary planning permissions). On the upper level, you'll find three reasonably sized bedrooms complemented by a family bathroom. The exterior boasts a front garden with potential for off-street parking (subject to planning permission). Positioned conveniently on Mount Pleasant Road, the property is well-connected to local amenities, schools, and bus routes, while also being within easy reach of Romford Town Centre's diverse shopping and transport options, including the Elizabeth Line services from Romford Station.

Investment Analysis

(RM5 area)

Below Market Value

This property is priced -19.9% below area average per sq ft

-19.9%
Potential saving
This Property
£352/sq ft
Area Average
£440/sq ft
Avg Rent (weekly)
£420
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£514,800
10% above area average per sq ft
Potential ROI
+24.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (RM5)

Area prices are rising by +3.0% over the last 12 months
3 year growth: +2.5%
5 year growth: +20.4%
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

Mount Pleasant Road, Romford RM5
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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
£1,352
Based on a loan of £281,250 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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