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Goldsmith Avenue, Romford RM7

London

£475,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1330 sqft

Description

Situated in a desirable part of Romford, this property on Goldsmith Avenue offers an exceptional opportunity for those eager to craft their ideal family residence. The location is attractive due to its proximity to the Elizabeth Line, ensuring swift access to Central London, while also being surrounded by green spaces and family-friendly amenities that characterize the RM7 area. The ground floor features a flexible layout with a spacious living room leading into a kitchen and dining space at the rear. An impressive aspect is the attached garage, which presents significant possibilities for conversion or further development. The upper level comprises three bedrooms and a family bathroom, all awaiting modernization to meet contemporary expectations. Additionally, the property boasts off-street parking at the front and an unusually large rear garden that serves as a private haven for children or ideal for summer entertainment. With an existing rear extension already enhancing living space, there remains substantial potential for further extensions pending necessary planning approvals. This home is particularly suited for both investors looking to elevate their portfolio through renovation and families wishing to create lasting equity in a thriving community.

Investment Analysis

(RM7 area)

Below Market Value

This property is priced -20.1% below area average per sq ft

-20.1%
Potential saving
This Property
£357/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£425
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£654,180
10% above area average per sq ft
Potential ROI
+27.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (RM7)

Area prices are rising by +2.6% over the last 12 months
3 year growth: +5.1%
5 year growth: +21.1%
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

Goldsmith Avenue, Romford RM7
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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
£1,682
Based on a loan of £356,250 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.

Stamp Duty Calculator

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