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Lampits Lane, Corringham,

East of England

£500,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Located in the appealing area of Lampits Lane, this three-bedroom bungalow presents a substantial opportunity for renovation and investment. The property features well-sized bedrooms, catering to families or individuals seeking a serene living environment. The spacious lounge, complete with a log burner, creates an inviting space for both relaxation and entertaining. The bathroom is thoughtfully designed with both a separate bathtub and shower, adding practicality to the home. The layout offers a harmonious flow between rooms, enhancing daily living. Additionally, two reception rooms provide flexibility that can be tailored to your lifestyle needs, whether for family gatherings or personal projects. The outdoor space is another highlight of this property. The generous garden measures approximately 50ft and includes a shaded pergola and summer house—ideal spots for leisure or potential home office use. With its private and secluded nature, the garden presents an excellent canvas for landscaping or personal customization. For investors or those considering future developments, the loft area offers significant potential for expansion (subject to relevant permissions), providing options to create additional living space. Off-street parking is available via the private driveway, situated on a quiet road that enhances the property's overall tranquility. Set in the friendly community of Stanford-Le-Hope, this bungalow offers convenient access to local amenities while being close to essential transportation links. Commuters will benefit from easy routes to the A13 and M25, facilitating straightforward travel into London and surrounding areas. This property stands as more than just a residence; it holds considerable potential for those ready to invest in its transformation into a modern home while enjoying all that the area has to offer.

Investment Analysis

(SS17 area)
Area Average
£392/sq ft
Avg Rent (weekly)
£375
Avg Yield
4.6%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Monthly Sales
15
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (SS17)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 6.0%
5 year growth: 22.5%
Investment Disclaimer: Analysis based on SS17 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

Lampits Lane, Corringham,
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