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Lampits Hill, Corringham, SS17

East of England

£415,000
Listed on 21/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1152 sqft

Description

This three-bedroom detached chalet, set in the desirable area of Old Corringham, presents a noteworthy opportunity for buyers seeking a property with significant renovation and investment potential. Positioned on a generous corner plot, the home features spacious living areas including two reception rooms and a fitted kitchen alongside a utility space. The layout encourages adaptations or extensions, particularly utilizing the expansive side garden (subject to planning permissions). While the property is currently functional, updates could enhance its appeal and functionality. Notably, it includes three well-sized bedrooms and convenient bathroom facilities. The exterior boasts a charming rear garden with features such as a greenhouse and fishpond—perfect for gardening enthusiasts—along with spacious front and side gardens that offer myriad possibilities for future enhancements or landscaping. A garage is available in proximity to the garden access. This chalet is ideal for families or investors looking to create value in a peaceful location while enjoying close proximity to essential local amenities. Viewing is encouraged for those ready to explore this opportunity further.

Investment Analysis

(SS17 area)

Below Market Value

This property is priced -9.5% below area average per sq ft

-9.5%
Potential saving
This Property
£360/sq ft
Area Average
£398/sq ft
Avg Rent (weekly)
£335
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£504,409
10% above area average per sq ft
Potential ROI
+9.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (SS17)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +1.3%
5 year growth: +19.2%
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 Hill, Corringham, SS17
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,497
Based on a loan of £311,250 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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