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Houghton Avenue, Hempstead

South East

£500,000
Listed on 16/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached bungalow in the highly regarded Hempstead area offers a unique opportunity for buyers interested in renovation and investment potential. With two bedrooms, this property sits on an expansive plot measuring approximately 60 feet by 180 feet, providing ample room for expansion or landscaping improvements, subject to obtaining necessary planning permissions. Located on the sought-after Houghton Avenue in Gillingham, this bungalow features a distinct layout that currently includes two spacious bedrooms, a living room, and one bathroom. While these areas are functional as they stand, they also lend themselves to reconfiguration or modernisation. The sheer size of the property allows for a variety of possibilities—whether you envision an open-concept design with contemporary finishes or additional living spaces tailored to your needs. The property's substantial grounds not only present the possibility for extensions but also create an inviting outdoor space that can be transformed according to personal tastes. Buyers might contemplate updating key areas such as the kitchen and bathroom or embarking on a larger renovation project to elevate the overall appeal and value of the home. Another notable aspect is that this property comes with no onward chain, simplifying the purchasing process and potentially allowing for a quicker transaction. This is particularly advantageous in today’s competitive market where chain dependencies can often complicate matters. Hempstead itself is known for its desirable residential atmosphere, blending peaceful suburban living with convenient access to essential amenities. Residents benefit from proximity to reputable schools, shopping options, and reliable transport links. Additionally, nearby parks and recreational areas contribute positively to community life. Prospective buyers are encouraged to arrange a viewing to fully grasp the remarkable potential this bungalow offers. With significant interest anticipated due to its unique attributes and location, viewings will be conducted by appointment only to ensure a thorough exploration of both the interior spaces and expansive grounds.

Investment Analysis

(ME7 area)
Area Average
£301/sq ft
Avg Rent (weekly)
£285
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (ME7)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 3.7%
5 year growth: 22.2%
Investment Disclaimer: Analysis based on ME7 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

Houghton Avenue, Hempstead
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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