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Lampits Lane, Corringham,

East of England

£500,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom bungalow on Lampits Lane presents a unique opportunity for those looking to invest in a property with substantial potential. Offering a comfortable living space, the property includes a spacious lounge featuring a log burner, ideal for creating a warm atmosphere during gatherings. The layout encompasses two reception rooms, providing flexibility for various uses—whether as an office, playroom, or extended living area. The bathroom is well-appointed with both a bathtub and separate shower, making it functional yet stylish. One notable feature is the expansive 50ft garden that comes complete with a pergola and summer house, perfect for outdoor entertaining or leisure activities. This unoverlooked garden space encourages privacy and could be enhanced further with landscaping or additional features. For buyers interested in capitalizing on future expansion, the loft area offers significant potential for conversion into additional living space (subject to necessary planning permissions), making this bungalow not just a home but an investment opportunity. Situated on a tranquil private road within the community of Stanford-Le-Hope, it boasts convenient access to local amenities and transport links including the A13 and M25. As you consider the renovations needed to tailor this property to your vision, this bungalow stands out as a prime candidate for those looking to make improvements while enjoying the benefits of family living in East England.

Investment Analysis

(SS17 area)
Area Average
£405/sq ft
Avg Rent (weekly)
£324
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SS17)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 3.5%
5 year growth: 21.0%
Investment Disclaimer: Analysis based on SS17 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

Lampits Lane, Corringham,
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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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE