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Bonham Grange, Bulphan , RM14

London

£1,750,000
Listed on 21/12/2024

Property Details

Bedrooms
5
Type
Detached house

Description

Nestled within a secure gated community comprised of 19 homes, this 5-bedroom residence presents a unique opportunity for renovation and investment in the desirable area of Bulphan, Essex. Spanning approximately 4,200 square feet, the property features a double garage and extensive off-street parking, catering to both practicality and convenience. Inside, you will find a well-designed living space that includes a thoughtfully crafted kitchen, ideal for both everyday dining and larger gatherings. Each of the five bedrooms is accompanied by its own bathroom, ensuring each resident enjoys privacy and comfort—an attractive feature for potential renters or buyers. A standout aspect of this home is the possibility to convert the loft space, potentially adding an additional 800 square feet of usable area—subject to planning permission. This could allow you to tailor the additional space to your needs—be it a home office, entertainment room, or extra bedroom—enhancing both functionality and value. Located conveniently with easy access to the A13, residents can quickly reach central London for employment or leisure activities. The nearby West Horndon train station is just one mile away and provides C2C services to Fenchurch Street, making commuting into the city straightforward. This property not only offers ample living space but also presents significant potential for adaptability and growth in an attractive location.

Investment Analysis

(RM14 area)
Area Average
£513/sq ft
Avg Rent (weekly)
£460
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (RM14)

Area prices are rising by +5.8% over the last 12 months
3 year growth: 0.7%
5 year growth: 13.7%
Investment Disclaimer: Analysis based on RM14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Bonham Grange, Bulphan , RM14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£6,411
Based on a loan of £1,312,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE