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Larkspur Close, South Ockendon

London

£275,000
Listed on 13/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
906 sqft

Description

This mid-terrace house, located in the peaceful neighborhood of Larkspur Close in South Ockendon, offers an intriguing opportunity for renovation enthusiasts and investors. With three spacious bedrooms within its 906 square feet layout, the home is well-suited for families or individuals seeking additional living space. The property serves as a blank canvas, ready for modernization. Each room presents potential for tailored updates to meet your unique tastes and requirements. The single bathroom and kitchen space, while functional, await your vision to maximize their utility and aesthetic appeal. Beyond its interior, the property’s location is a significant advantage. Proximity to the railway station facilitates convenient commuting to London and nearby areas, making it an excellent choice for professionals or families who prioritize accessibility. The absence of an onward chain further streamlines the purchasing process, allowing for a more straightforward transition into ownership. While some renovation is needed to bring this house up to date, this presents a valuable chance to improve both its character and functionality. With careful planning and effort, you can reshape this dwelling into a personalized sanctuary that reflects your style. In summary, this three-bedroom home on Larkspur Close stands out as a promising prospect for buyers looking to invest in property with substantial potential for enhancement. Its prime location combined with the opportunity for customization makes it worth considering for anyone aiming to create their ideal living space.

Investment Analysis

(RM15 area)

Below Market Value

This property is priced -24.5% below area average per sq ft

-24.5%
Potential saving
This Property
£304/sq ft
Area Average
£402/sq ft
Avg Rent (weekly)
£345
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£400,633
10% above area average per sq ft
Potential ROI
+27.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (RM15)

Area prices are rising by +2.2% over the last 12 months
3 year growth: 4.9%
5 year growth: 16.5%
Investment Disclaimer: Analysis based on RM15 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

Larkspur Close, South Ockendon
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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
£1,007
Based on a loan of £206,250 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