3 Bed Terraced House, Planning Permission, Romford, RM6 4SU, £475,000

Joydon Drive, Chadwell Heath, Romford, RM6 4SU - 2 views - a month ago

Planning
ROI: 1%
~93 m²
+24 photos

ValuationFair Value

Sold Prices£350K - £620K
Sold Prices/m²£3.2K/m² - £9.7K/m²

 

 

Square Metres

~93 m²
Price/m²£5.1K/m²

Value Estimate

£482,012

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£36,200

Total Cash In

£154,950

 

 

Cash Out

 

Rent Range

£1,800 - £2,600

Rent Estimate

£2,000

Running Costs/mo

£1,904

Cashflow/mo

£96

Cashflow/yr

£1,148

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £350K to £620K, average is £460K. £3.2K/m² to £9.7K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£497.5K06/230 mi4, Joydon Drive, Romford, Greater London RM6 4SU3
£475K06/210.11 mi51, Gresham Drive, Romford, Greater London RM6 4TP3
£442K06/210.12 mi61, Priestley Gardens, Romford, Greater London RM6 4SH3
£427K11/200.12 mi125, Gresham Drive, Romford, Greater London RM6 4TR3
£377.5K07/210.12 mi46, Millhaven Close, Romford, Greater London RM6 4PL3
£410K04/240.12 mi9, Millhaven Close, Romford, Greater London RM6 4PL3
£580K02/230.14 mi54, Priestley Gardens, Romford, Greater London RM6 4SH3
£420K03/230.15 mi15, Gresham Drive, Romford, Greater London RM6 4TL3
£430K03/220.15 mi132, Barley Lane, Ilford, Greater London IG3 8XW3
£550K05/220.19 mi2, Bexley Gardens, Chadwell Heath, Romford, Greater London RM6 4FD3
£380K03/210.2 mi77, Christie Gardens, Romford, Greater London RM6 4SD3
£425K04/210.2 mi2, Hampstead Gardens, Chadwell Heath, Romford, Greater London RM6 4FE3
£466K12/220.21 mi202, Grove Road, Chadwell Heath, Romford, Greater London RM6 4XB3
£465K03/210.21 mi21, Galsworthy Avenue, Romford, Greater London RM6 4PX3
£475K01/210.21 mi35, Galsworthy Avenue, Romford, Greater London RM6 4PX3
£485K04/210.21 mi22, Galsworthy Avenue, Romford, Greater London RM6 4QA3
£485K04/210.21 mi22, Galsworthy Avenue, Romford, Greater London RM6 4QA3
£380K11/200.21 mi24, Norwich Crescent, Chadwell Heath, Romford, Greater London RM6 4UW3
£350K06/210.22 mi42, Westfield Gardens, Chadwell Heath, Romford, Greater London RM6 4BY3
£350K03/210.22 mi11, Westfield Gardens, Chadwell Heath, Romford, Greater London RM6 4BY3
£451K01/240.23 mi73, Heathfield Park Drive, Chadwell Heath, Romford, Greater London RM6 4FJ3
£407K02/210.23 mi84, Heathfield Park Drive, Chadwell Heath, Romford, Greater London RM6 4FJ3
£395K03/210.23 mi3, Putney Gardens, Chadwell Heath, Romford, Greater London RM6 4FF3
£485K08/230.23 mi1, Putney Gardens, Chadwell Heath, Romford, Greater London RM6 4FF3
£425K03/210.24 mi1, Heathfield Park Drive, Chadwell Heath, Romford, Greater London RM6 4FB3
£510K01/230.25 mi15, Flora Gardens, Romford, Greater London RM6 4BQ3
£435K01/230.25 mi32, Heathfield Park Drive, Chadwell Heath, Romford, Greater London RM6 4FB3
£458.5K09/230.25 mi33, Bengeo Gardens, Romford, Greater London RM6 4BT3
£485K11/220.27 mi16, Barley Lane, Ilford, Greater London IG3 8XF3
£372K03/210.27 mi129, Chadwell Heath Lane, Chadwell Heath, Romford, Greater London RM6 4YX3
£405K08/230.27 mi144, Chadwell Heath Lane, Romford, Greater London RM6 4YX3
£460K05/210.27 mi23, Christie Gardens, Romford, Greater London RM6 4SA3
£425K01/240.27 mi59, Christie Gardens, Romford, Greater London RM6 4SA3
£620K09/230.28 mi69, Primrose Avenue, Romford, Greater London RM6 4PS3
£490K10/220.29 mi192, Barley Lane, Ilford, Greater London IG3 8XR3
£480K08/210.29 mi17, Conway Crescent, Romford, Greater London RM6 4XP3
£532K06/230.29 mi18, Conway Crescent, Romford, Greater London RM6 4XP3
£486K02/210.29 mi23, Conway Crescent, Romford, Greater London RM6 4XP3
£485K06/210.3 mi68, Primrose Avenue, Romford, Greater London RM6 4QD3
£545K05/230.3 mi96, Primrose Avenue, Romford, Greater London RM6 4QD3
£485K10/230.3 mi60, Primrose Avenue, Romford, Greater London RM6 4QD3
£435K04/210.3 mi2, Third Avenue, Romford, Greater London RM6 5DB3
£530K01/230.3 mi17, Primrose Avenue, Romford, Greater London RM6 4QB3
£440K06/210.3 mi31, Flora Gardens, Romford, Greater London RM6 4BG3
£460K07/230.3 mi33, Somerville Road, Romford, Greater London RM6 5BD3
£422K06/210.31 mi204, Chadwell Heath Lane, Chadwell Heath, Romford, Greater London RM6 4YL3
£485K03/220.32 mi6, Florence Gardens, Romford, Greater London RM6 4TT3
£465K07/230.32 mi14, Fauna Close, Romford, Greater London RM6 4AS3
£470K01/230.32 mi13, Fauna Close, Romford, Greater London RM6 4AS3
£440K04/210.32 mi25, Brian Road, Romford, Greater London RM6 5DA3

Local Rents

50 rents from £1.8K/mo to £2.6K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,00007/240 miJoydon Drive, Chadwell Heath, Romford, RM63
£2,20008/240.05 miAbercorn Gardens, Romford, London, RM63
£2,00009/240.12 miGresham Drive, Romford, RM63
£2,55007/240.14 mi-3
£2,45010/240.14 mi-3
£2,25009/240.17 mi-3
£2,35007/240.22 mi-3
£2,35007/240.22 mi-3
£2,50005/240.23 miBarley Lane, Goodmayes, Essex, IG33
£2,50006/240.23 miBarley Lane, Goodmayes, Essex, IG33
£2,10012/240.23 mi-3
£2,35007/240.23 mi-3
£2,40007/240.24 mi-3
£2,50004/240.26 miBarley Lane, Ilford, IG33
£2,50005/240.26 miBarley Lane, Ilford, IG33
£2,40006/240.26 mi-3
£2,10007/240.28 mi-3
£2,10008/240.3 miChadwell Heath Lane, RM6 4AE3
£2,10008/240.32 miChadwell Heath Lane, Romford, RM63
£2,30007/240.34 mi-3
£2,30002/250.34 mi-3
£2,30008/240.37 miRoxy Avenue, Romford, London, RM63
£1,80007/240.39 mi-3
£2,50004/250.4 mi-3
£2,30007/240.4 miTendring Way, Romford, London, RM63
£2,10004/250.41 mi-3
£2,40001/250.42 mi-3
£2,35002/250.42 mi-3
£2,35002/250.42 mi-3
£2,50008/240.45 mi-3
£2,20012/240.47 mi-3
£2,30007/240.48 mi-3
£2,50007/240.48 mi-3
£2,60007/240.49 mi-3
£2,50007/240.49 mi-3
£2,20001/250.49 mi-3
£2,20008/240.5 mi-3
£2,40008/240.53 mi-3
£2,00002/250.56 mi-3
£2,20007/240.56 miFields Park Crescent, Chadwell Heath, RM63
£2,00007/240.57 miMansted Gardens, Romford, RM63
£2,20007/240.57 mi-3
£2,50007/240.59 mi-3
£2,50007/240.59 mi-3
£2,60004/250.59 mi-3
£2,20004/250.59 mi-3
£2,20009/240.59 mi-3
£2,30004/250.59 mi-3
£2,25012/240.6 mi-3
£2,10002/250.61 mi-3

Local Area Statistics

Population in RM6

32,908

Population in Romford

124,481

Town centre distance

2.96 miles away

Nearest school

0.20 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £475,000

March 18, 2025

Floor Plans

Description

  • Excellent decorative condition +
  • Parking +
  • Modern Kitchen +

Belvoir Sales& Lettings are delighted to bring to the market For Sale this Three Bedroom mid Terrace house which offers the opportunity for first time buyers and families to enjoy this home. The bright Entrance Hallway has doors to the Lounge with Bay Window to the front with further door to the Rear Dining Room with further Bay Window and Door to the Lean-To leading out to the Rear Garden.  Hallway, Lounge, Dining Room & Kiitchen are fitted with high quality Karndean wood effect flooring. The  Kitchen has contemporary Shaker Style wall and base units with integrated Oven, Hob and Extractor and to the rear is the useful Lean-To with further door to the Rear Garden.  To the first floor there are Three Bedrooms, two have the the benefit of fitted wardrobes and Bay Windows.  The Bathroom has a modern white three piece bathroom suite. The house also benefits from an enclosed Entrance Porch and off road parking.  One of the key features of this property is the generous sized rear garden which is laid to lawn and has mature trees and shrubs., which can be accessed via the kitchen and the second reception room. The property has the potential to extend, subject to planning permission. NO ONWARD CHAIN. EPC rating: D. Tenure: Freehold,

Agent Details

Belvoir, Basildon

01260 541810

Next Steps?

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