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Eaton Drive, Romford RM5

London

£400,000

Listed on 17/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
902 sqft

Description

This property presents a fantastic opportunity for those looking to add value through renovation and potential extensions. It features a generous through lounge and a galley kitchen, both of which can benefit from modernisation. The brick-built conservatory/sunroom at the rear opens up to a south-facing garden, offering ample space for enhancement, including provisions for a garage and rear vehicle access. On the upper level, you will find three well-sized bedrooms alongside a family bathroom, providing a solid foundation for any updates or remodelling to suit personal tastes. Off-street parking is available at the front, adding convenience for families. Located conveniently near Collier Row's shops and amenities, this home is also just a short bus ride from Romford station and Hainault Tube line, ensuring easy access to Central London and connections on the Elizabeth Line. Major routes such as the A12, A127, and M25 are also within close proximity, making it ideal for commuters.

Investment Analysis

(RM5 area)

Below Market Value

This property is priced -0.5% below area average per sq ft

-0.5%
Potential saving
This Property
£443/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£406
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£442,372
10% above area average per sq ft
Potential ROI
+0.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (RM5)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -1.7%
5 year growth: +15.6%
Investment Disclaimer: Analysis based on RM5 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

Eaton Drive, Romford RM5
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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
£1,427
Based on a loan of £300,000 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

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