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Hope Road, Essex, SS7

East of England

£500,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This spacious three-bedroom detached bungalow presents a compelling opportunity for those looking to invest in a property with significant renovation potential. Nestled within a well-connected neighborhood, this home offers a strong foundation for creating a personalized living space tailored to modern tastes and lifestyles. The layout features an inviting entrance hall leading into a bright lounge, providing ample natural light and space for relaxation. The well-proportioned kitchen/diner serves as an ideal setting for family gatherings or entertaining guests. Three bedrooms offer flexibility for family needs, while the family bathroom and additional cloakroom add convenience. Outside, the property includes off-street parking for multiple vehicles and a generously sized rear garden. This outdoor area not only invites opportunities for relaxation but may also have development potential, subject to obtaining the necessary planning permissions. The location of this bungalow enhances its appeal, with access to local amenities such as schools, medical facilities, restaurants, and recreational options like Boyce Hill Golf Course and nearby green spaces. Commuters will benefit from excellent transport links via the A13, A127, and Benfleet mainline station, making trips into London straightforward. With no onward chain, this property is particularly attractive for buyers seeking to secure a substantial home in a desirable area while having the scope to renovate and add value over time.

Investment Analysis

(SS7 area)
Area Average
£402/sq ft
Avg Rent (weekly)
£346
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (SS7)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -1.0%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on SS7 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

Hope Road, Essex, SS7
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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
£1,832
Based on a loan of £375,000 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