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Merlin Road, Romford RM5

London

£625,000

Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1305 sqft

Description

This detached bungalow boasts a unique opportunity for renovation and investment, featuring three bedrooms, a loft room, and generous living spaces that communicate well with the outdoor areas. Upon entering, you are welcomed by a warm entrance hall with wooden flooring and ample storage for everyday use. The bungalow's layout positions the bedrooms at the front, allowing the main living area to connect seamlessly to the impressive garden at the rear. The spacious main bedroom features a bay window and an en suite shower room, while the second bedroom includes fitted wardrobes and easy access to the loft room. The third bedroom is adaptable for various uses such as a guest space or nursery. The family bathroom offers modern fixtures and additional storage. The loft room is a standout feature—currently used as an office but easily adaptable for leisure or play activities. The kitchen is contemporary with good storage options, leading into both dining and living areas that promote a sociable atmosphere filled with natural light from rooflights and bi-fold doors. The garden adds significant value, presenting privacy along with multiple potential uses for outdoor structures like a play area or garden cabin. Moreover, the double-length garage offers more than just parking; it presents opportunities for conversion into extra living space or an extension project—subject to planning permission—all of which enhances its long-term investment potential. Overall, this home presents numerous pathways for personalization and expansion while currently offering comfortable living spaces perfect for modern lifestyles.

Investment Analysis

(RM5 area)

Above Market Value

This property is priced +7.4% above area average per sq ft

+7.4%
This Property
£479/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£406
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£640,018
10% above area average per sq ft
Potential ROI
-5.2%
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

Merlin Road, 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
£2,230
Based on a loan of £468,750 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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