Average asking price
£600k
UK avg £340k
Postcode district in Romford, part of the RM postcode area
General / family area · 12.7km from The University of East London
RM2 has a gross rental yield of 3.4%, 26% below the UK average, ranking #18 of 20 RM postcode districts by yield.
Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.
| Bedrooms | Avg buy | Avg rent | Yield | Sampled |
|---|---|---|---|---|
| Studio | — | £1,100 | — | 0 / 1 |
| 1 | £250k | £1,150 | — | 5 / 4 |
| 2 | £300k | £1,675 | 6.7% | 30 / 8 |
| 3 | £575k | £2,400 | — | 21 / 3 |
| 4 | £800k | £2,825 | — | 41 / 2 |
| 5+ | £925k | — | — | 8 / 0 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| RM17 | £250k | £1,400 | 6.7% | Compare |
| RM19 | £215k | £1,200 | 6.7% | Compare |
| RM3 | £400k | £2,100 | 6.3% | Compare |
| RM20 | £300k | £1,550 | 6.2% | Compare |
| RM10 | £375k | £1,900 | 6.1% | Compare |
| RM9 | £375k | £1,888 | 6.0% | Compare |
| RM8 | £375k | £1,875 | 6.0% | Compare |
| RM15 | £325k | £1,575 | 5.8% | Compare |
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