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Corringham Road, Stanford-le-Hope, SS17

East of England

£450,000
Listed on 30/09/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached 3-bedroom home presents a significant renovation and investment opportunity. Nestled on a generous plot, the property is ideally located in Corringham, providing convenient access to local amenities, schools, and transport links, making it a prime choice for both homeowners and developers. The existing layout features three spacious bedrooms along with two reception areas and a kitchen. In addition to its current configuration, this property has been granted full planning permission for the conversion into four self-contained apartments. This offers a unique chance for investors looking to capitalize on the growing demand for rental properties in the area. With its detached freehold status, the property offers flexible development options that can cater to various investment strategies. For those seeking a project that combines living space with future financial potential, this home serves as an ideal candidate. Whether you envision revitalizing the current residence or developing it into multiple units, this property stands out as an excellent asset in a desirable location.

Investment Analysis

(SS17 area)
Area Average
£405/sq ft
Avg Rent (weekly)
£324
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SS17)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 3.5%
5 year growth: 21.0%
Investment Disclaimer: Analysis based on SS17 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

Corringham Road, Stanford-le-Hope, SS17
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 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