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Norfolk Way, Canvey Island

East of England

£225,000
Listed on 10/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
732 sqft

Description

Situated in a desirable area, this three-bedroom terraced house presents an excellent opportunity for those looking to personalize their living space. The property features spacious rooms that cater perfectly to families or individuals seeking a home office environment. Each of the three bedrooms is generously sized, providing ample room for various uses. Additionally, the layout includes two toilets and a large lounge that is well-suited for both relaxation and hosting gatherings, complemented by a bright conservatory that adds natural light and enhances the living experience.<br><br>The exterior offers a reasonable-sized plot, which not only allows for landscaping possibilities but also potential for extension subject to planning approvals—ideal for those with visions of expanding their living area into an outdoor sanctuary.<br><br>Located within close proximity to excellent transport links and reputable schools, this home is particularly appealing to investors and first-time buyers eager to improve the property’s value through thoughtful renovations. Although some work is needed to modernize the interior, this house has tremendous potential to be transformed into a beautiful family residence.

Investment Analysis

(SS8 area)

Below Market Value

This property is priced -13.7% below area average per sq ft

-13.7%
Potential saving
This Property
£307/sq ft
Area Average
£356/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£286,772
10% above area average per sq ft
Potential ROI
+12.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Norfolk Way, 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
£824
Based on a loan of £168,750 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