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Mawney Road, Romford RM7

London

£650,000

Listed on 17/05/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
2061 sqft

Description

Situated in the heart of Romford, Havering, this spacious double-fronted detached home boasts over 2,000 sq ft of living space with significant potential for expansion (subject to planning permissions). The property features a generous driveway accommodating multiple vehicles, making it an ideal choice for larger families. Inside, a welcoming central hallway creates an orderly entry point, while the left side showcases a bright double reception room ideal for dining and relaxing. To the right, you find a modern kitchen that seamlessly connects to a dedicated dining space—perfect for both casual dinners and entertaining guests. Additional practicality is offered by a study, utility room, and ground floor WC. The rear garden is expansive and includes a large outbuilding that presents versatile possibilities such as a home office or gym conversion. On the upper level, four well-proportioned double bedrooms are accompanied by a recently updated family shower room. This property lies in close proximity to local schools like St Peter’s Catholic Primary and Parklands Primary, alongside the bustling Romford town centre filled with shops, eateries, and the famed Romford Market. Commute effortlessly to Central London via Romford Station or enjoy leisure time at nearby Raphael Park with its scenic walks and green spaces. The EPC rating is D.

Investment Analysis

(RM5 area)

Below Market Value

This property is priced -29.3% below area average per sq ft

-29.3%
Potential saving
This Property
£315/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£406
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£1,010,787
10% above area average per sq ft
Potential ROI
+42.4%
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

Mawney Road, Romford RM7
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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
£2,319
Based on a loan of £487,500 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.

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