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.
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
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