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Abbotts Close, Romford RM7 - Image 1
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Abbotts Close, Romford RM7

London

£475,000
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
964 sqft

Description

This property presents a unique opportunity for those looking to invest in a space with significant potential for enhancement. Available with no onward chain, the spacious layout includes a generous through lounge and an adjoining kitchen area that is ideal for modernisation or expansion. The three well-proportioned bedrooms and a shower room upstairs provide a solid foundation for creating a comfortable family home, while the expansive garden offers ample outdoor space suitable for future landscaping or recreational use. Additionally, there is the possibility of extending further, including a loft conversion, subject to planning permission, as seen in other properties within this community. With the benefit of off-street parking and a garage, this home can quickly transform into your ideal living environment. Conveniently situated near local amenities and just minutes away from public transport links to Central London, this location combines accessibility with residential comfort.

Investment Analysis

(RM7 area)

Above Market Value

This property is priced +10.2% above area average per sq ft

+10.2%
This Property
£493/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£425
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£474,158
10% above area average per sq ft
Potential ROI
-9.7%
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

Abbotts Close, 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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