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Moray Close, Rise Park, Romford RM1 - Image 1
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Moray Close, Rise Park, Romford RM1

London

£475,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1025 sqft

Description

This semi-detached family home, sold chain-free, presents an excellent opportunity for customization and enhancement. With ample living space and a generous plot, it invites you to make it your own over time. The ground floor boasts a spacious living room that can accommodate multiple sofas, perfect for both quiet family evenings and lively gatherings. This area seamlessly transitions to the dining room, brightened by views of the garden. The kitchen is also notably spacious with sufficient worktop and storage areas, offering functionality while allowing for future modernization to fit contemporary tastes. Upstairs, the property features two substantial double bedrooms along with a third versatile bedroom that can adapt to your needs—be it a child's room or a home office. The current layout includes a bathroom and separate WC which could be reconfigured into a single larger bathroom, enhancing convenience on the first floor. The outdoor space is particularly advantageous; the rear garden spans approximately 60 feet and provides ample room for a large single-storey extension, ideal for creating an open-plan kitchen diner or additional living spaces such as an office or garden room. Off-street parking adds further appeal. Located within proximity to local primary schools and parks, this residence not only meets family needs but offers long-term potential for those looking to invest in an adaptable property.

Investment Analysis

(RM1 area)

Above Market Value

This property is priced +0.4% above area average per sq ft

+0.4%
This Property
£463/sq ft
Area Average
£462/sq ft
Avg Rent (weekly)
£368
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£520,454
10% above area average per sq ft
Potential ROI
-0.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (RM1)

Area prices are rising by +4.7% over the last 12 months
3 year growth: +2.9%
5 year growth: +7.1%
Investment Disclaimer: Analysis based on RM1 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

Moray Close, Rise Park, Romford RM1
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 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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