3 Bed Semi-Detached House, Planning Permission, Romford, RM1 4TH, £475,000

Havering Road, Romford, RM1 4TH - a month ago

Planning
ROI: 1%
~93 m²
+15 photos

ValuationOvervalued











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£38,700

Refurb Costs

£49,278

Bridging Loan Interest

£12,469

Total Cash In

£220,947

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£470,000

Mortgage (After Refinance)

£352,500

Mortgage LTV

75%

Cash Left In

£220,947

Equity

£117,500

Rent Range

£1,750 - £2,700

Rent Estimate

£2,174

Running Costs/mo

£1,924

Cashflow/mo

£250

Cashflow/yr

£3,005

ROI

1%

Gross Yield

5%













Local Rents

40 rents from £1.8K/mo to £2.7K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,20007/240.07 mi-3
£2,20007/240.07 miBartlow Gardens, Romford, RM53
£1,80008/240.17 miHavering Road - Rise Park - RM13
£2,65012/240.22 mi-3
£2,65011/240.22 mi-3
£2,00012/230.27 mi-3
£2,00012/230.27 mi-3
£2,30003/250.31 mi-3
£2,70003/250.31 mi-3
£2,25008/240.4 miFerndale Road, RM53
£2,25008/240.4 miFerndale Road, RM5 3ER3
£2,00008/240.42 miHavering Road - Rise Park - RM13
£2,00008/240.43 miNolands Close, Romford3
£2,40008/240.44 mi-3
£2,00008/240.44 miGlenton Way, Romford, RM1 4AQ3
£2,10008/240.44 miGlenton Way, Romford, RM13
£2,10008/240.44 mi-3
£2,25007/240.44 miHelmsdale Road, Romford, London, RM13
£2,00008/240.46 miHavering Road, Romford, RM13
£2,50007/240.51 miHavering Road, Romford, RM13
£2,40008/240.52 miHelmsdale Road, Romford3
£2,10008/240.54 miLynton Avenue, Romford 3
£2,20012/240.54 mi-3
£2,40007/240.56 mi-3
£2,00007/240.56 mi-3
£2,00008/240.56 miKenway - Romford - RM53
£2,10008/240.57 miFontayne Avenue, Romford3
£2,10003/250.57 mi-3
£2,00012/240.57 mi-3
£2,25010/240.58 mi-3
£2,50004/250.58 mi-3
£1,75007/240.59 miHighfield Road - Collier Row - RM53
£2,10008/240.59 miFontayne Avenue, Romford, RM13
£2,10004/250.59 mi-3
£2,30004/250.59 mi-3
£2,10012/240.6 mi-3
£2,15011/240.61 mi-3
£2,05011/240.61 mi-3
£1,85002/250.61 mi-3
£2,30004/250.61 mi-3

Local Area Statistics

Population in RM1

20,053

Population in Romford

124,481

Town centre distance

0.70 miles away

Nearest school

0.10 miles away

Nearest train station

1.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £475,000

March 25, 2025

Floor Plans

Description

  • Chain Free +
  • 100 Foot Garden +
  • Scope to extend subject to planning permission +
  • Off street parking +
  • 3/4 bedrooms +
  • South Facing Garden +
  • Garden +

Welcome to this delightful 3-bedroom semi-detached home on Havering Road in Collier Row, perfectly blending comfort and convenience. This chain-free property is move-in ready, offering an immediate opportunity to settle in and start enjoying your new space. The house boasts a recently upgraded heating system. With its spacious layout, the property includes three generously sized bedrooms, two bathrooms, two reception rooms, a fourth bedroom/study, and a separate kitchen, providing ample room for family living. One of the key highlights is the expansive south-facing garden, perfect for gardening or outdoor entertaining. The convenience is further enhanced by off-street parking. There is also potential for a loft extension, subject to planning permission, allowing you to customise and expand the space to suit your needs. Situated in the vibrant Collier Row area, this home is close to local amenities, schools, and transport links, making it an excellent choice for families and professionals alike. Don't miss out on the chance to make this charming house your new home. Contact us today to arrange a viewing and discover all that this property has to offer!

Property additional info

Living Room: 4.31m x 3.31m

Dining Room: 4.09m x 2.71m

Kitchen: 2.61m x 2.24m

Bedroom One: 4.31m x 3.21m

Bedroom Two: 3.44m x 2.65m

Bedroom Three: 3.14m x 1.78m

Agent Details

Blueprint Estate Agents Ltd, CM14

020 3840 3495

Next Steps?

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