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Warren Drive, Hornchurch

London

£475,000
Listed on 01/12/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1078 sqft

Description

This four-bedroom semi-detached home presents a unique opportunity for those looking to invest in a property with substantial renovation potential. Situated conveniently near Elm Park Station, this residence features multiple reception rooms and ample living space that can be reimagined to suit modern tastes. The property includes a functional kitchen and two shower rooms, but both require updating to bring them up to current standards. The shared driveway provides access to a detached garage, while the garden area is in need of some care but holds potential for landscaping or outdoor enhancements. With its appealing layout and prime location, this home is perfect for buyers seeking a project that can add value over time.

Investment Analysis

(RM12 area)

Below Market Value

This property is priced -6.3% below area average per sq ft

-6.3%
Potential saving
This Property
£441/sq ft
Area Average
£470/sq ft
Avg Rent (weekly)
£456
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£557,622
10% above area average per sq ft
Potential ROI
+0.5%
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

Warren Drive, Hornchurch
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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
£1,740
Based on a loan of £356,250 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE