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Neave Crescent, Romford RM3 - Image 1
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Neave Crescent, Romford RM3

London

£399,999
Listed on 28/03/2026

Property Details

Bedrooms
1
Type
End Terrace
Area
1141 sqft

Description

Nestled in a tranquil residential crescent of Harold Hill, this three-bedroom end-terraced property presents an attractive canvas for those looking to invest in renovation and expansion. With over 1,000 sq ft of well-distributed internal space complemented by a private garden and garage, the home offers ample opportunities to modernise, extend and significantly increase its value - a prospect that is becoming increasingly rare in the established area of Romford. The ground floor boasts a substantial reception room suitable for both living and dining purposes, flowing seamlessly into a conservatory that overlooks the garden. The separate kitchen is spacious and provides an opportunity to reconfigure into an open-plan design, enhancing contemporary living. Upstairs reveals three generously-sized bedrooms, including two comfortable doubles and a larger-than-average single that could serve as a nursery or home office. A family bathroom is conveniently located on this level. Externally, the private rear garden holds potential for landscaping while the front offers off-street parking along with an integral garage that could be converted into additional living space (subject to planning permission). This property stands out for its significant scope for improvement and customization which can cater to different buyer needs. The property is freehold with long-term ownership history since its last transaction in 2008, reflecting stability and appeal for families or investors alike. Positioned conveniently close to local amenities, schools, and transport links including Harold Wood and Romford stations (Elizabeth Line), this home embodies not just comfort but also significant value-add potential. Early viewing is encouraged to fully grasp this investment opportunity.

Investment Analysis

(RM3 area)

Below Market Value

This property is priced -21.2% below area average per sq ft

-21.2%
Potential saving
This Property
£351/sq ft
Area Average
£445/sq ft
Avg Rent (weekly)
£447
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£558,645
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
34
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (RM3)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +3.1%
5 year growth: +15.9%
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

Neave Crescent, Romford RM3
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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
£1,443
Based on a loan of £299,999 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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