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Central Avenue, Canvey Island - Image 1
Central Avenue, Canvey Island - Image 2
Central Avenue, Canvey Island - Image 3
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Central Avenue, Canvey Island - Image 5

Central Avenue, Canvey Island

East of England

£235,000
Listed on 25/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
506 sqft

Description

This spacious two-bedroom bungalow presents a valuable renovation opportunity, ideal for buyers looking to invest in a property with substantial potential. While the home does require refurbishment and modern touches, its generous layout and favorable location set the stage for creating a comfortable living space tailored to individual tastes. The interior features two double bedrooms, providing ample room for rest and relaxation. The kitchen is spacious enough to accommodate dining arrangements, allowing for social gatherings or family meals. A well-sized lounge contributes to the overall appeal of this bungalow, making it a pleasant space for everyday living. The shower room, while functional, is another area where personal updates could significantly enhance the property's value. One of the standout features of this bungalow is its larger-than-average rear garden, offering privacy and seclusion as it backs onto neighboring properties. This outdoor space could be transformed into an inviting garden oasis with landscaping or patio areas for outdoor activities. Additionally, off-street parking at the front adds convenience and accessibility. Located within easy reach of local schools, shops, and bus routes enhances its attractiveness as both a residential home or an investment property. With no onward chain involved, this bungalow is ready for new owners to take on the project of revitalizing it into a desirable dwelling in a convenient setting. Given its promising characteristics and location, this property represents an excellent investment opportunity for those willing to implement their vision.

Investment Analysis

(SS8 area)

Above Market Value

This property is priced +30.4% above area average per sq ft

+30.4%
This Property
£464/sq ft
Area Average
£356/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£198,233
10% above area average per sq ft
Potential ROI
-25.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SS8)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -2.0%
5 year growth: 19.2%
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

Central Avenue, Canvey Island
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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
£861
Based on a loan of £176,250 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