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Somerville Road, Romford RM6 - Image 1
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Somerville Road, Romford RM6

London

£470,000
Listed on 09/05/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
806 sqft

Description

This three-bedroom end of terrace property presents a promising opportunity for renovation and investment. While it requires modernisation, its layout features two reception rooms and a kitchen on the ground floor, along with three bedrooms and a family bathroom upstairs. The gardens to the front and rear are predominantly lawned, with established borders of bushes, trees, and shrubs that could be revitalised. Positioned conveniently near Chadwell Heath’s Elizabeth Line station, this home benefits from excellent transport connections to Central London and is surrounded by a variety of local amenities including shops, restaurants, and parks such as St Chad’s Park and Seven Kings Park. With no onward chain, this property is ready for a quick sale, making it ideal for those looking to invest in a family home with significant potential.

Investment Analysis

(RM6 area)

Above Market Value

This property is priced +29.4% above area average per sq ft

+29.4%
This Property
£583/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£420
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£399,679
10% above area average per sq ft
Potential ROI
-21.6%
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
14%
Properties sold annually

Local Market Trend (RM6)

Area prices are rising by +6.3% over the last 12 months
3 year growth: +1.5%
5 year growth: +11.6%
Investment Disclaimer: Analysis based on RM6 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

Somerville Road, Romford RM6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,677
Based on a loan of £352,500 over 30 years at 3.97% 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

Price History

-9.6% since listed
£470,000£50,000(-9.6%)
22/04/2026
Current price
£520,000Initial listing
27/03/2026

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