Worst House on the Street Logo
Lower Road, Hockley, SS5 - Image 1
Lower Road, Hockley, SS5 - Image 2
Lower Road, Hockley, SS5 - Image 3
Lower Road, Hockley, SS5 - Image 4
Lower Road, Hockley, SS5 - Image 5
Lower Road, Hockley, SS5 - Image 6
Lower Road, Hockley, SS5 - Image 7
Lower Road, Hockley, SS5 - Image 8
Lower Road, Hockley, SS5 - Image 9
Lower Road, Hockley, SS5 - Image 10
Lower Road, Hockley, SS5 - Image 11

Lower Road, Hockley, SS5

East of England

£1,500,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
4069 sqft

Description

This property is nestled on a generous plot in a desirable semi-rural area, presenting a unique opportunity for renovation and further investment. The residence offers four well-proportioned bedrooms, including a master suite complete with a dressing area and en-suite bathroom. Accommodating both relaxation and entertainment, the home features three reception areas, highlighted by an impressive indoor swimming pool complex that includes shower facilities and a separate games room or gym space. Upon entering, you're welcomed into a spacious reception hall that provides access to various areas of the home. The ground floor includes practical amenities such as a utility room, a well-sized boot room, and a convenient ground floor W.C. The expansive lounge stands out with dual aspect windows that bathe the room in natural light, while sliding doors offer seamless access to the outdoor patio—ideal for gatherings. The dining room connects easily to both the lounge and the kitchen/breakfast room, which features ample storage and workspace, built-in appliances, and views of the garden through double-glazed windows. The first-floor landing benefits from full-height windows overlooking the garden and leads to all four bedrooms, each offering built-in wardrobes for optimal storage solutions. Outside, the landscaped garden is designed for both leisure and functionality. It features a large patio area extending from the swimming pool complex and is bordered by lush lawn complemented by established planting beds. The back garden offers gated access to the front of the property. The swimming pool complex itself is equipped with heating and filtration systems housed in dedicated boiler rooms. Its potential as a leisure area adds significant value to this home. Coupled with an attached double garage providing additional storage or workshop space, this property has numerous possibilities for customization. With easy access to Hockley and Rayleigh's high streets as well as mainline railway stations nearby, it also falls within the catchment areas for highly-regarded local schools such as Greensward Academy and FitzWimarc School. This location not only enhances daily living but also contributes positively to future resale value. Overall, this residence offers comfortable living spaces with substantial scope for modern upgrades or expansions—a promising investment opportunity in an appealing community setting.

Investment Analysis

(SS5 area)

Below Market Value

This property is priced -6.8% below area average per sq ft

-6.8%
Potential saving
This Property
£369/sq ft
Area Average
£396/sq ft
Avg Rent (weekly)
£334
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£150,000 - £375,000
10-25% of property value
Target Value
£1,770,442
10% above area average per sq ft
Potential ROI
-5.6%
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

Lower Road, Hockley, SS5
Map showing location of Lower Road, Hockley, SS5
Open Map