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Caro Road, Canvey Island

East of England

£325,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1023 sqft

Description

This three-bedroom detached residence, positioned on a generous corner plot within a tranquil cul-de-sac, presents a promising opportunity for renovation and investment. While it boasts modern open-plan living spaces, including a spacious lounge and an updated kitchen/dining area suitable for family gatherings, potential buyers will find significant room for enhancement or expansion (subject to the necessary planning permissions). The property is conveniently located near essential amenities such as shops, schools, and transport links. Inside, natural light floods the well-maintained interiors, which feature three sizable bedrooms—ideal for accommodating a growing family. A recently added wet room adds convenience to the home's layout. The expansive garden offers ample outdoor space, complemented by a detached garage and additional side yard that could be utilized creatively. It's important to note that there is currently an ongoing insurance claim for subsidence affecting the property; prospective buyers should consider this carefully and perform their due diligence. This home represents an excellent chance to invest in an adaptable family dwelling in the desirable Canvey Island area.

Investment Analysis

(SS8 area)

Below Market Value

This property is priced -12.5% below area average per sq ft

-12.5%
Potential saving
This Property
£318/sq ft
Area Average
£363/sq ft
Avg Rent (weekly)
£306
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£408,653
10% above area average per sq ft
Potential ROI
+9.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (SS8)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -2.6%
5 year growth: +18.6%
Investment Disclaimer: Analysis based on SS8 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

Caro Road, Canvey Island
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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
£1,172
Based on a loan of £243,750 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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