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Hambro Hill, Rayleigh

East of England

£375,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
926 sqft

Description

This three-bedroom semi-detached home presents an excellent opportunity for renovation and investment in a well-established area. Upon entry, the spacious lounge provides a welcoming atmosphere, ideal for both relaxation and entertaining. The adjoining kitchen is functional, with ample space for modern updates that could transform it into a contemporary culinary hub. The property features three sizable bedrooms, ensuring plenty of room for family living or accommodating overnight guests. Each bedroom has the potential to be enhanced or reimagined to suit personal tastes or needs. Additionally, there is promising scope to convert the loft area into additional living space—subject to planning permissions—which could be tailored as an extra bedroom, office, or playroom, significantly increasing the property's value. The location adds another layer of appeal: it's conveniently situated near local amenities and just a short distance from Rayleigh station, making it particularly attractive to commuters. The surrounding neighborhood is known for its supportive community vibe and reputable schools, enhancing its desirability for families seeking long-term residence. Outside, the garden is primarily laid to lawn and includes mature shrubs and trees that offer potential landscaping opportunities. Side access leads to a garage at the rear, providing practical storage solutions or future development possibilities. Overall, this property stands out as a prime candidate for those looking to invest in a family home with significant renovation potential. It offers not only comfortable living but also a canvas to create a personalized space that can grow alongside its inhabitants.

Investment Analysis

(SS6 area)

Below Market Value

This property is priced -3.8% below area average per sq ft

-3.8%
Potential saving
This Property
£405/sq ft
Area Average
£421/sq ft
Avg Rent (weekly)
£357
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£37,500 - £93,750
10-25% of property value
Target Value
£428,576
10% above area average per sq ft
Potential ROI
-8.6%
After renovation
Monthly Sales
17
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (SS6)

Area prices are stable by +0.5% over the last 12 months
3 year growth: 1.9%
5 year growth: 19.5%
Investment Disclaimer: Analysis based on SS6 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

Hambro Hill, Rayleigh
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