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Swan Lane, Wickford

East of England

£650,000
Listed on 31/12/2025

Property Details

Bedrooms
6
Type
Detached house
Area
952 sqft

Description

This detached property presents an exceptional opportunity for those looking to invest in a versatile development. Currently configured as two self-contained three-bedroom flats, the layout lends itself to various possibilities: it could be transformed into a spacious six-bedroom family home or redeveloped into two semi-detached houses, subject to planning permissions. The previous approval for these plans underscores its strong potential for redevelopment. The building features two kitchens and multiple communal areas, making it advantageous for large families or rental purposes. With a total of six bedrooms and two bathrooms, this property offers both comfort and convenience, ideal for prospective tenants or as a family residence. With some vision and effort, this substantial property can be reimagined to suit your needs or drive investment returns. Its flexible configuration and abundant space make it a noteworthy candidate for transformation.

Investment Analysis

(SS11 area)

Above Market Value

This property is priced +70.8% above area average per sq ft

+70.8%
This Property
£683/sq ft
Area Average
£400/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£418,618
10% above area average per sq ft
Potential ROI
-43.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (SS11)

Area prices are rising by +4.0% over the last 12 months
3 year growth: -5.3%
5 year growth: +6.8%
Investment Disclaimer: Analysis based on SS11 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

Swan Lane, Wickford
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,344
Based on a loan of £487,500 over 30 years at 4.06% 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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