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Usk Road, Aveley, South Ockendon

London

£350,000
Listed on 03/09/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced house presents a promising opportunity for renovation and investment. Located in a neighborhood that is well-served by local schools and essential amenities, the property offers both convenience and potential for appreciation in value. While the home requires modern updates and refurbishment, this allows for personalization and enhancement according to your vision or rental market demands. A key feature of the property is its off-street parking, which is always a valued commodity in urban settings. Additionally, the rear garden provides a private outdoor space that could be transformed into an inviting area for relaxation or entertainment. With freehold tenure, this residence not only serves as a solid foundation for personal living but also presents an attractive investment opportunity to capitalize on the growing demand for revitalized homes in this area.

Investment Analysis

(RM15 area)
Area Average
£402/sq ft
Avg Rent (weekly)
£345
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
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
16%
Properties sold annually

Local Market Trend (RM15)

Area prices are rising by +2.2% over the last 12 months
3 year growth: 4.9%
5 year growth: 16.5%
Investment Disclaimer: Analysis based on RM15 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

Usk Road, Aveley, South Ockendon
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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
£1,282
Based on a loan of £262,500 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.

Next Steps

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