5 Bed Terraced House, Planning Permission, Romford, RM5 3AT, £500,000

Dunster Close, Romford, RM5 3AT - 2 views - 2 months ago

Planning

~178 m²

+17 photos

ValuationUndervalued

Sold Prices	£435K - £1.1M
Sold Prices/m²	£3.3K/m² - £5.7K/m²

Square Metres	~178.28 m²
Price/m²	£2.8K/m²
Value Estimate	£615,000£615,000
BMV	23%

Investment Opportunity

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£125,000£125,000
Stamp Duty & Legal Fees	£28,700£28,700
Total Cash In	£153,700£153,700

Cash Out
Rent Range	£1,700 - £7,500£1,700 - £7,500
Rent Estimate	£1,885
Running Costs/mo	£1,960£1,960
Cashflow/mo	£-74£-74
Cashflow/yr	£-894£-894
Gross Yield	5%5%

Local Sold Prices

31 sold prices from £435K to £1.1M, average is £647.2K. £3.3K/m² to £5.7K/m², average is £4.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£680K	01/23	0.17 mi	24, Collier Row Lane, Romford, Greater London RM5 3BH	-	-	5	Terraced House
£670K	11/22	0.19 mi	41, Maidstone Avenue, Romford, Greater London RM5 3DB	-	-	5	Semi-Detached House
£600K	05/21	0.21 mi	66, Mowbrays Road, Romford, Greater London RM5 3EL	£3,769	159	5	Semi-Detached House
£645K	10/22	0.32 mi	41, Horndon Road, Collier Row, Romford, Greater London RM5 3EU	-	-	5	Detached House
£517.5K	04/21	0.34 mi	74, Birch Road, Romford, Greater London RM7 8EP	£5,687	91	5	Terraced House
£536K	06/23	0.44 mi	33, Parkside Avenue, Romford, Greater London RM1 4NA	-	-	5	Terraced House
£528.5K	10/23	0.46 mi	30, Heather Avenue, Romford, Greater London RM1 4SU	£5,338	99	5	Semi-Detached House
£647.2K	03/24	0.49 mi	151a, Havering Road, Romford, Greater London RM1 4TB	£3,830	169	5	Semi-Detached House
£570K	10/23	0.5 mi	202, Havering Road, Romford, Greater London RM1 4TD	£4,560	125	5	Terraced House
£435K	02/21	0.53 mi	32, Seymer Road, Romford, Greater London RM1 4LB	£4,350	100	5	Terraced House
£540K	02/21	0.55 mi	21, Heather Way, Romford, Greater London RM1 4SX	£5,510	98	5	Terraced House
£557.5K	01/21	0.59 mi	17, Heather Drive, Romford, Greater London RM1 4SP	£5,162	108	5	Semi-Detached House
£535K	09/22	0.59 mi	5, Dorset Avenue, Romford, Greater London RM1 4LL	-	-	5	Terraced House
£510K	12/23	0.61 mi	30, Dorset Avenue, Romford, Greater London RM1 4LP	£4,016	127	5	Terraced House
£520K	04/23	0.64 mi	57, Collier Row Road, Romford, Greater London RM5 2AU	£4,727	110	5	Semi-Detached House
£440K	01/21	0.66 mi	5, Wilton Drive, Romford, Greater London RM5 3TJ	£4,490	98	5	Terraced House
£500K	03/21	0.66 mi	Selworthy, Fullers Lane, Romford, Greater London RM5 3JT	£3,268	153	5	Semi-Detached House
£666K	08/22	0.68 mi	20, Wallace Way, Romford, Greater London RM1 4TG	-	-	5	Detached House
£725K	10/22	0.71 mi	32, Mcintosh Road, Romford, Greater London RM1 4JJ	-	-	5	Semi-Detached House
£730K	02/24	0.76 mi	8, Ayr Green, Romford, Greater London RM1 4UJ	£3,443	212	5	Semi-Detached House
£655K	03/21	0.81 mi	17, Mashiters Walk, Romford, Greater London RM1 4DA	£4,253	154	5	Semi-Detached House
£560K	08/21	0.84 mi	28, Millbrook Gardens, Gidea Park, Romford, Greater London RM2 5RP	-	-	5	Semi-Detached House
£1.1M	09/22	0.87 mi	15, Caxton Way, Romford, Greater London RM1 4GS	-	-	5	Detached House
£805K	03/21	0.88 mi	79, Pettits Lane, Romford, Greater London RM1 4ET	£4,328	186	5	Detached House
£1.1M	07/22	0.92 mi	20, Dickens Way, Romford, Greater London RM1 4GQ	-	-	5	Detached House
£830K	03/21	0.92 mi	15, Dickens Way, Romford, Greater London RM1 4GQ	£4,192	198	5	Detached House
£910K	03/21	0.93 mi	5, Netherpark Drive, Romford, Greater London RM2 5RJ	-	-	5	Detached House
£802.5K	03/21	0.96 mi	10, Brunel Close, Romford, Greater London RM1 4GR	£4,180	192	5	Detached House
£802.5K	03/21	0.96 mi	10, Brunel Close, Romford, Greater London RM1 4GR	£4,180	192	5	Detached House
£805K	09/22	0.98 mi	71, Lake Rise, Romford, Greater London RM1 4EF	£4,328	186	5	Detached House
£725K	11/23	1 mi	80, Beauly Way, Rise Park, Romford, Greater London RM1 4XR	-	-	5	Semi-Detached House

Local Rents

49 rents from £1.7K/mo to £7.5K/mo, average is £2.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,800	04/25	0.09 mi	-	4	Semi-Detached House
£2,100	02/24	0.1 mi	-	3	Terraced House
£2,100	01/24	0.1 mi	-	3	Terraced House
£1,850	07/24	0.11 mi	Percy Road, Romford	3	Terraced House
£2,900	03/25	0.14 mi	-	5	Semi-Detached House
£2,100	12/24	0.15 mi	-	3	Semi-Detached House
£1,700	02/24	0.16 mi	-	3	Terraced House
£2,200	07/24	0.17 mi	Hainault Road, Romford, Essex. RM5	3	Flat
£1,800	01/24	0.17 mi	-	3	Terraced House
£2,000	08/24	0.17 mi	Kenway - Romford - RM5	3	Detached House
£2,600	07/24	0.17 mi	-	4	Terraced House
£2,000	12/24	0.19 mi	-	3	Semi-Detached House
£2,400	08/24	0.2 mi	-	3	Terraced House
£2,000	08/24	0.21 mi	Nolands Close, Romford	3	Semi-Detached House
£2,100	03/25	0.21 mi	-	3	Terraced House
£2,000	09/24	0.22 mi	Romford,RM7 8QD	3	House
£2,250	02/25	0.23 mi	-	3	Semi-Detached House
£2,200	12/24	0.23 mi	-	3	Semi-Detached House
£2,250	08/24	0.24 mi	Ferndale Road, RM5	3	Semi-Detached House
£2,250	08/24	0.24 mi	Ferndale Road, RM5 3ER	3	Semi-Detached House
£3,000	07/24	0.27 mi	Havering Road, Romford	5	Detached House
£2,000	08/24	0.28 mi	Havering Road, Romford, RM1	3	Semi-Detached House
£2,250	01/25	0.28 mi	-	3	Terraced House
£2,500	07/24	0.28 mi	Havering Road, Romford, RM1	3	Detached House
£7,500	02/25	0.3 mi	-	6	Detached House
£2,000	08/24	0.31 mi	Havering Road - Rise Park - RM1	3	Semi-Detached House
£2,200	07/24	0.31 mi	Cross Road, Romford, London, RM7	3	Detached House
£2,200	10/24	0.32 mi	-	3	Bungalow
£2,300	03/25	0.32 mi	-	3	Bungalow
£2,500	08/24	0.33 mi	Lynton Avenue - Collier Row - RM5	4	Detached House
£2,600	04/25	0.36 mi	-	4	Semi-Detached House
£3,000	05/24	0.38 mi	-	4	Terraced House
£2,700	03/25	0.39 mi	-	3	Semi-Detached House
£2,750	12/24	0.4 mi	-	3	Flat
£2,650	12/24	0.41 mi	-	4	Semi-Detached House
£2,100	08/24	0.41 mi	Eastern Avenue East, RM1	3	Terraced House
£2,100	08/24	0.43 mi	Lynton Avenue, Romford	3	Terraced House
£2,100	04/25	0.43 mi	-	3	Terraced House
£2,500	08/24	0.44 mi	Parkside Avenue, Romford, romford	5	Semi-Detached House
£1,920	12/23	0.44 mi	-	3	Terraced House
£1,920	12/23	0.44 mi	-	3	Terraced House
£2,700	05/24	0.45 mi	-	4	Terraced House
£2,650	07/24	0.47 mi	-	4	Detached House
£1,800	08/24	0.49 mi	Havering Road - Rise Park - RM1	3	Terraced House
£2,100	11/24	0.49 mi	-	3	Semi-Detached House
£2,650	12/24	0.49 mi	-	3	Semi-Detached House
£2,650	11/24	0.49 mi	-	3	Detached House
£2,400	02/24	0.5 mi	-	3	Flat
£2,000	03/25	0.5 mi	-	3	Terraced House

Local Area Statistics

Population in RM5	19,02219,022
Population in Romford	124,481124,481
Town centre distance	0.71 miles away0.71 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	1.27 miles away1.27 miles away

Rental growth (12m)	-8%-8%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+23%+23%

Property History

Listed for £500,000

February 24, 2025

Floor Plans

Description

GREAT TRANSPORT LINKS TO ROMFORD STATION (ELIZABETH STATION) +
PLENTY OF LOCAL AMENITIES WITHIN WALKING DISTANCE +
0.4 MILES TO CLOCKHOUSE PRIMARY SCHOOL (RATED OUTSTANDING) +
PERFECT FOR A FIRST TIME BUYER +
POTENTIAL TO EXTEND STPP +
VERY WELL MAINTAINED +
5 GOOD SIZED BEDROOMS +

Located on Dunster Close, this terraced house is well-suited for families looking to settle in Romford. The property boasts five spacious bedrooms and two bathrooms, providing ample space for everyone in the household. Its proximity to Romford Station, part of the Elizabeth Line, ensures easy commuting options for those working in the city.

Families will appreciate the property's location just 0.4 miles from Clockhouse Primary School, which is rated Outstanding. This makes school runs convenient and ensures access to quality education within the neighbourhood. In addition, a range of local amenities are within walking distance, offering convenience for daily needs and leisure activities.

The house is in beautiful condition, ready for a family to move in and enjoy. With potential to extend (subject to planning permission), there is room to adapt the space as your family grows or your needs change. The freehold tenure provides peace of mind and security in ownership.

This terraced house is an excellent opportunity for families seeking a home with space, convenience, and potential. Contact us today to learn more about this property and how it can fit your family's lifestyle.

Agent Details

Keystones Property, Collier Row

020 3834 8181

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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5 Bed Terraced House, Planning Permission, Romford, RM5 3AT, £500,000

ValuationUndervalued

Investment OpportunityOpen in Analyser

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Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Investment Opportunity

Local Sold Prices

Local Rents