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North Hill Drive, Romford RM3 - Image 1
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North Hill Drive, Romford RM3

London

£350,000
Listed on 14/04/2026

Property Details

Bedrooms
2
Type
End Terrace
Area
778 sqft

Description

This end-of-terrace property in Harold Hill presents an exceptional renovation opportunity, ideal for first-time buyers and investors looking to maximize their investment. Originally designed as a two-bedroom home, it has been converted into three bedrooms, enhancing its appeal and versatility. The ground floor boasts a spacious lounge that is well-lit and welcoming, paired with a separate kitchen that offers significant potential for modern updates. With the possibility of reconfiguration or even extension (subject to planning permissions), there is ample scope to enhance both the living space and functionality of this home. On the upper level, you'll find two generously proportioned bedrooms alongside another room that can be utilized as a third bedroom or office space. The bathroom includes a separate W/C but requires some modernization—this creates a blank canvas for those looking to implement contemporary design elements. Externally, the property benefits from a private rear garden that not only serves as an outdoor retreat but also holds potential for landscaping or future development. Additionally, with side access available, this property offers more privacy and possibilities compared to standard mid-terrace models. Conveniently located near local amenities including shops, schools, and transport links, this property is well-positioned for commuters and families alike. Council Tax Band: C (London Borough of Havering), Tenure: Freehold.

Investment Analysis

(RM3 area)

Above Market Value

This property is priced +1.2% above area average per sq ft

+1.2%
This Property
£450/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£436
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£380,360
10% above area average per sq ft
Potential ROI
-4.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM3)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +2.7%
5 year growth: +12.4%
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

North Hill Drive, Romford RM3
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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
£1,240
Based on a loan of £262,500 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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