Below you will find a list of all available properties in Romford. Located in the London Borough of Havering – just 10 miles east of Stratford and 12 miles from the City of London – this old market town is fast becoming the go-to suburban hotspot for first-time buyers, owner-occupiers and Buy-to-Let investors alike.
Sitting within the confines of the M25 and bordering the Home County of Essex – which it used to be incorporated within before being absorbed by Greater London – Romford offers the perfect mix of town life and city convenience, but without the hefty price tag. Havering was found to be the most affordable London borough after Barking and Dagenham, and Bexley, whilst it also came out on top of all London’s 32 boroughs for net internal migration; meaning there is an influx of people moving into the area but very few moving out. This rising population, in turn, creates a high demand and an increase in rental yields, making a home purchase here a lucrative long-term investment. Romford is currently seeing an average rental yield of 5.9%, which is anticipated to rise even further once Crossrail is fully-operational in 2019.
Whilst rental yields are booming, average flat and house prices in the area remain well below asking prices seen towards the City of London and, indeed, Central London. Figures show that in the last year the average sold price of a property in Romford was £347,053, with flats selling for around £250,241. When buyers consider that Romford commuters will be able to travel directly to Tottenham Court Road in just 33 minutes (once Crossrail services are underway), a property here is likely to be one of the smartest investment moves in the South East.
Galliard Homes is delighted to present its latest development, St Edwards Court – a contemporary assortment of apartments within a superb office conversion on Romford’s sought-after London Road. Part of Galliard’s G-Living Collection, these apartments will provide modern starter homes and rental properties approximately 10 minutes’ walk from Romford station and the town’s renowned leisure centre, The Brewery.
Galliard Homes has been developing market-leading properties in both established and regenerating locations for more than 25 years. Whether you are on the hunt for your first home or your next investment, Galliard is confident that your new property will be expertly equipped for modern living and fairly priced with the potential for a rewarding rental yield as well as capital appreciation.
To view our full collection of studio, one and two bedroom flats for sale in Romford, search our property listings below. To discuss the opportunities available with a member of our Sales Team, give us a call for free advice on 020 7620 1500.