3 Bed Terraced House, Planning Permission, Romford, RM7 9JB, £450,000

Crowlands Avenue, Romford, RM7 9JB - 2 views - 2 months ago

Sold STC
Planning
~93 m²
+7 photos

ValuationFair Value

Sold Prices£325K - £525K
Sold Prices/m²£3.6K/m² - £7.2K/m²

 

 

Square Metres

~93 m²
Price/m²£4.8K/m²

Value Estimate

£441,456

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£33,700

Total Cash In

£146,200

 

 

Cash Out

 

Rent Range

£1,600 - £2,600

Rent Estimate

£1,644

Running Costs/mo

£1,755

Cashflow/mo

£-111

Cashflow/yr

£-1,333

Gross Yield

4%

Local Sold Prices

50 sold prices from £325K to £525K, average is £415K. £3.6K/m² to £7.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£370K12/200.05 mi28, Jutsums Lane, Romford, Greater London RM7 9HH3
£402.7K03/210.05 mi26, Jutsums Lane, Romford, Greater London RM7 9HH3
£415K12/200.05 mi10, Crowlands Avenue, Romford, Greater London RM7 9JB3
£440K11/200.05 mi22, Crowlands Avenue, Romford, Greater London RM7 9JB3
£415K06/210.07 mi69, Jutsums Lane, Romford, Greater London RM7 9HJ3
£400K07/210.07 mi62, Jutsums Lane, Romford, Greater London RM7 9HJ3
£460K09/230.07 mi67, Jutsums Lane, Romford, Greater London RM7 9HJ3
£440K06/210.09 mi15, Burlington Avenue, Romford, Greater London RM7 9JD3
£410K03/210.09 mi57, Ainsley Avenue, Romford, Greater London RM7 9HT3
£417K03/210.09 mi12, Kimberley Avenue, Romford, Greater London RM7 9JP3
£480K12/220.14 mi13, Lonsdale Avenue, Romford, Greater London RM7 9JT3
£460K01/230.15 mi26, Bridport Avenue, Romford, Greater London RM7 9HP3
£375K05/210.15 mi51, Lessington Avenue, Romford, Greater London RM7 9ED3
£360K01/210.15 mi11, Eddy Close, Romford, Greater London RM7 9HR3
£385K06/210.15 mi63, Eddy Close, Romford, Greater London RM7 9HR3
£410K02/210.18 mi24, Weald Way, Romford, Greater London RM7 9PD3
£480.5K12/200.18 mi46, Weald Way, Romford, Greater London RM7 9PD3
£480K02/230.18 mi17, Weald Way, Romford, Greater London RM7 9PH3
£390K08/210.19 mi23, Lessington Avenue, Romford, Greater London RM7 9EB3
£400K06/230.23 mi79, Jubilee Avenue, Romford, Greater London RM7 9LT3
£525K03/230.24 mi10, Fernden Way, Romford, Greater London RM7 9PJ3
£350K08/210.28 mi131, Sheringham Avenue, Romford, Greater London RM7 9DR3
£422.5K03/230.28 mi121, Sheringham Avenue, Romford, Greater London RM7 9DR3
£472K02/230.28 mi22, Southern Way, Romford, Greater London RM7 9PA3
£460K08/230.29 mi30, Norfolk Road, Romford, Greater London RM7 9DL3
£421.5K02/230.29 mi16, Norfolk Road, Romford, Greater London RM7 9DL3
£375K02/210.33 mi41, Beechfield Gardens, Romford, Greater London RM7 0EJ3
£355K11/200.33 mi33, Beechfield Gardens, Romford, Greater London RM7 0EJ3
£370K09/210.38 mi5, Knighton Road, Romford, Greater London RM7 9BS3
£422K05/210.39 mi2, Recreation Avenue, Romford, Greater London RM7 9ET3
£510K06/230.39 mi5, Pretoria Road, Romford, Greater London RM7 7AU3
£356K03/210.4 mi85, Sheringham Avenue, Romford, Greater London RM7 9BX3
£460K02/220.42 mi16, Pretoria Road, Romford, Greater London RM7 7AS3
£470K01/230.44 mi42, Eastbury Road, Romford, Greater London RM7 9AL3
£430K09/230.45 mi73, Pretoria Road, Romford, Greater London RM7 7AX3
£425K12/220.46 mi70, Pretoria Road, Romford, Greater London RM7 7AT3
£380K05/210.47 mi20, Seabrook Gardens, Romford, Greater London RM7 0EU3
£390K04/210.47 mi2, Seabrook Gardens, Romford, Greater London RM7 0EU3
£360K08/210.48 mi13, Braithwaite Avenue, Romford, Greater London RM7 0DS3
£480K12/220.48 mi117, Pretoria Road, Romford, Greater London RM7 7AX3
£447K12/220.49 mi36, Oak Street, Romford, Greater London RM7 7BA3
£350K05/210.49 mi273, Crow Lane, Romford, Greater London RM7 0HA3
£350K03/210.5 mi14, Stockland Road, Romford, Greater London RM7 9AR3
£405K10/220.5 mi12, Stockland Road, Romford, Greater London RM7 9AR3
£385K08/230.5 mi64, Marks Road, Romford, Greater London RM7 7AH3
£433K10/210.51 mi23, Goldsmith Avenue, Romford, Greater London RM7 0EX3
£435K12/220.51 mi19, Honiton Road, Romford, Greater London RM7 9AJ3
£325K09/210.52 mi52, Meadow Road, Romford, Greater London RM7 0LP3
£407.5K12/200.53 mi43, Mildmay Road, Romford, Greater London RM7 7DA3
£480K05/230.53 mi35, Mildmay Road, Romford, Greater London RM7 7DA3

Local Rents

46 rents from £1.6K/mo to £2.6K/mo, average is £2.6K/mo.

RentDateDistanceAddressBeds 
£2,10010/240.04 mi-3
£2,25009/240.15 mi-3
£1,90007/240.33 miLondon Road, Romford, London, RM73
£2,00008/240.35 mi-3
£2,60007/240.36 miBasalt Court - Romford - RM73
£2,60007/240.36 miBasalt Court - Romford - RM73
£2,60007/240.36 miBasalt Court - Romford - RM73
£2,60007/240.36 miBasalt Court - Romford - RM73
£2,60007/240.36 miBasalt Court - Romford - RM73
£2,60007/240.36 miBasalt Court - Romford - RM73
£2,60007/240.36 miBasalt Court - RM73
£2,60007/240.36 miBasalt Court - Romford - RM73
£2,60007/240.36 miBasalt Court - Romford3
£2,60007/240.36 miByton Close - Romford - RM73
£2,60007/240.36 miBasalt Close - Byton Close - RM73
£2,60007/240.36 miBasalt Court - Romford3
£2,60007/240.36 miBasalt Court - Romford - RM73
£2,60007/240.36 miByton Close - Rush Green - RM73
£2,30004/250.38 mi-3
£1,75007/240.4 miSheringham Avenue - Rush Green - RM73
£1,90007/240.41 miGranite Court - Romford - RM73
£2,60007/240.41 miGranite Court - Bay Close - Romford3
£2,25004/250.41 mi-3
£2,60007/240.42 miQuartz Court - Romford - RM73
£2,60007/240.42 miQuartz Court - RM73
£2,60007/240.42 miQuartz Court - Bay Close - RM73
£2,60007/240.42 miQuartz Court - Rush Green - RM73
£2,60007/240.42 miBay Close - RM73
£2,60007/240.42 miQuartz Court - Bay Close - RM73
£2,60007/240.42 miBay Close - Quartz Court - RM73
£2,60007/240.42 miQuartz Court - RM73
£2,60007/240.42 miBay Close - RM73
£2,60007/240.42 miBay Close - Romford - RM73
£2,60007/240.42 miQuartz Court - Romford - RM73
£2,60007/240.42 miBay Close - RM73
£1,80008/240.43 miLondon Road, Romford, London, RM73
£1,60008/240.43 miOmega Court, London Road, Romford, Essex, RM73
£1,65007/240.43 mi-3
£2,40004/250.48 mi-3
£1,70007/240.53 miOak Street, Romford, Essex3
£2,10004/250.55 mi-3
£1,80007/240.58 miCotleigh Road, Romford, RM73
£2,45007/240.59 mi-3
£2,30008/240.6 miHigh Road, Romford, RM63
£1,80008/240.61 miMawney Road, Romford, RM73
£1,80008/240.61 miMawney Road, Romford, RM73

Local Area Statistics

Population in RM7

27,411

Population in Romford

124,481

Town centre distance

1.39 miles away

Nearest school

0.20 miles away

Nearest train station

0.92 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £450,000

March 6, 2025

Floor Plans

Description

Located in a quiet residential turning and being within easy access of Romford Town Centre and Main Line Station is this delightful mid terrace property affording of a west facing rear garden.

In brief, to the first floor there are three good sized bedrooms and family bathroom/WC.

To the ground floor, a reception hall gives access to living accommodation incorporating a lounge 15' x 11'5" and kitchen/diner 17'2" x 12'3".

The property affords gas fired central heating via radiators and double glazing.

To the front, a paved driveway provides off-road parking for two vehicles. To the rear, the west facing garden measures approximately 70' in depth.

An internal viewing is strongly advised to fully appreciate this good sized family property together with the further potential of extending (subject to local planning permission).

ENTRANCE
Double glazed entrance door and double glazed side window to the reception hall.

RECEPTION HALL
Staircase leading to the first floor landing with cupboard beneath. Laminate flooring. Radiator.

LOUNGE 15' X 11'5"
Double glazed bay window to the front with wooden shutters. Double radiator. Laminate flooring.

KITCHEN/DINER 17'2" X 12'3"
Double glazed window to the rear. Double glazed door to the rear. Sink unit with mixer tap and cupboards beneath. Further range of base and eye level units with worktop surfaces. Built-in oven and hob with extractor hood above. Space for dishwasher, washing machine, tumble dryer and fridge freezer. Tiled walls. Laminate flooring.

FIRST FLOOR LANDING
Access to the loft space.

BEDROOM ONE 15' X 9'10"
Double glazed bay window to the front with wooden shutters. Double radiator.

BEDROOM TWO 12'6" X 11'3"
Double glazed window to the rear. Radiator. Fitted cupboard.

BEDROOM THREE 8'8" X 7'
Double glazed window to the front with wooden shutters. Radiator.

FAMILY BATHROOM/WC
Obscure double glazed window to the rear. Suite comprising panelled bath with shower over and glazed screen, wash hand basin with vanity unit beneath and low flush WC. Heated towel rail.

EXTERIOR
As previously mentioned, the property is situated in a fantastic location being within easy access of Romford Town Centre and Main Line Station. The property also provides further potential for extending (Subject to local planning permission).

FRONTAGE
A paved driveway provides off-road parking for two vehicles.

REAR GARDEN
The westerly facing garden measures approximately 70' in depth and commences with a decking area, remainder being laid to lawn with plant and shrub borders. Fencing to boundaries. External tap and lighting. Garden shed.

Ref No. 5589-25. Awaiting EPC. Council Tax Band C.

Council Tax Band: C (Havering London Borough Council)
Tenure: Freehold

Agent Details

Davis Estates, Hornchurch

01708 205276

Next Steps?

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

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