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Walden Way, Hornchurch, RM11 - Image 1
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Walden Way, Hornchurch, RM11

London

£550,000
Listed on 05/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
985 sqft

Description

This two-bedroom bungalow, located on a desirable corner plot, offers a compelling mix of comfortable living and significant renovation potential. Ideal for those seeking the convenience of single-level accommodation, this property presents an opportunity for expansion (subject to planning permission), allowing a savvy buyer to enhance its value. The spacious living room features a characterful fireplace, creating a welcoming atmosphere. Adjacent to the living area, the kitchen opens directly into the rear garden, facilitating easy access for outdoor dining and entertaining. Both bedrooms enjoy the advantage of en suite bathrooms, with the primary bedroom boasting a generous walk-in wardrobe, while the second bedroom features French doors that lead out to the garden, enhancing the indoor-outdoor flow. The expansive rear garden is a blank canvas with excellent landscaping potential, perfect for those who envision creating a tranquil retreat. Additional highlights include gated off-road parking and a garage, providing both security and convenience. Situated in Hornchurch, this property is surrounded by an array of local amenities including shops, cafes, and schools. For nature enthusiasts, Harrow Lodge Park and Hornchurch County Park offer green spaces for leisure activities. Commuters will appreciate the strong transport links; Elm Park’s District Line station provides direct access to Central London, while nearby roadways like the A127 and M25 facilitate easy travel. This bungalow not only offers immediate comfort but also represents an attractive investment opportunity in a sought-after area.

Investment Analysis

(RM11 area)

Above Market Value

This property is priced +14.4% above area average per sq ft

+14.4%
This Property
£558/sq ft
Area Average
£488/sq ft
Avg Rent (weekly)
£436
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£528,965
10% above area average per sq ft
Potential ROI
-10.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (RM11)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 1.5%
5 year growth: 11.6%
Investment Disclaimer: Analysis based on RM11 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

Walden Way, Hornchurch, RM11
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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
£2,015
Based on a loan of £412,500 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