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Abbs Cross Lane, Hornchurch, RM12 - Image 1
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Abbs Cross Lane, Hornchurch, RM12 - Image 4
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Abbs Cross Lane, Hornchurch, RM12

London

£500,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
928 sqft

Description

This detached bungalow features three bedrooms and is situated on a spacious plot in Hornchurch, providing a generous garden that extends over 100 feet. The property offers off-street parking along with a rear garage, which currently serves as storage but could easily be repurposed for other uses. Inside, the layout includes three well-sized bedrooms, a combined lounge and dining area, a kitchen, and a family bathroom alongside an additional separate WC. Notably, the expansive loft space presents an opportunity for a potential conversion, subject to planning permission, offering even more living space. Although the property requires some upgrades to reach its full potential, it remains livable while you consider improvements and modernization. The front of the home benefits from recent painting and features a driveway for convenient parking with side access leading to the rear garden. The outdoor space is primarily laid to lawn and bordered by mature shrubs, creating a pleasant and private environment. The location is advantageous, being within reach of local amenities, transport links, and reputable schools. This property not only provides immediate comfort but also presents significant renovation and investment potential for those looking to create their ideal home in a desirable area.

Investment Analysis

(RM12 area)

Above Market Value

This property is priced +14.6% above area average per sq ft

+14.6%
This Property
£539/sq ft
Area Average
£470/sq ft
Avg Rent (weekly)
£456
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£480,031
10% above area average per sq ft
Potential ROI
-11.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (RM12)

Area prices are rising by +7.1% over the last 12 months
3 year growth: 3.4%
5 year growth: 20.2%
Investment Disclaimer: Analysis based on RM12 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

Abbs Cross Lane, Hornchurch, RM12
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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