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Greensward Lane, Hockley, Essex, SS5 - Image 1
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Greensward Lane, Hockley, Essex, SS5 - Image 5

Greensward Lane, Hockley, Essex, SS5

East of England

£1,750,000
Listed on 27/04/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2454 sqft

Description

This five-bedroom detached Edwardian home offers an exceptional opportunity for renovation and investment. Set on a spacious plot exceeding four acres, the property boasts extensive road frontage of over 150 feet and is surrounded by picturesque countryside views. The residence features numerous outbuildings, providing versatile options for development or additional storage needs. Its proximity to Hockley Mainline Station, just one mile away, adds to the appeal for potential commuters and families alike. With ample room for expansion or remodeling, subject to planning consent, this property presents significant potential to create a bespoke family home in a tranquil yet accessible location. The combination of its original charm, generous land area, and strategic position makes it an attractive prospect for those looking to invest in a unique project with promising returns.

Investment Analysis

(SS5 area)

Above Market Value

This property is priced +80.3% above area average per sq ft

+80.3%
This Property
£713/sq ft
Area Average
£396/sq ft
Avg Rent (weekly)
£334
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£175,000 - £437,500
10-25% of property value
Target Value
£1,067,748
10% above area average per sq ft
Potential ROI
-51.2%
After renovation
Monthly Sales
14
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SS5)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -5.6%
5 year growth: 18.6%
Investment Disclaimer: Analysis based on SS5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Greensward Lane, Hockley, Essex, SS5
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