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Ernan Road, South Ockendon, Essex, RM15 - Image 1
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Ernan Road, South Ockendon, Essex, RM15 - Image 3
Ernan Road, South Ockendon, Essex, RM15 - Image 4
Ernan Road, South Ockendon, Essex, RM15 - Image 5
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Ernan Road, South Ockendon, Essex, RM15 - Image 8
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Ernan Road, South Ockendon, Essex, RM15 - Image 10
Ernan Road, South Ockendon, Essex, RM15 - Image 11

Ernan Road, South Ockendon, Essex, RM15

London

£425,000
Listed on 16/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1044 sqft

Description

This three-bedroom semi-detached home presents a rare opportunity for investors and renovators alike. With spacious side access, there is significant potential for expansion, subject to obtaining the necessary planning permissions. The property features three generously sized bedrooms, a roomy lounge area, a dining room, and a modern kitchen that could benefit from some personal touches. Off-street parking adds to the convenience of this end-of-chain property, located within walking distance of schools and local shops, with easy access to main roads. This is an ideal canvas for those looking to enhance their investment through thoughtful renovations.

Investment Analysis

(RM15 area)

Above Market Value

This property is priced +1.3% above area average per sq ft

+1.3%
This Property
£407/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
£461,657
10% above area average per sq ft
Potential ROI
-0.7%
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

Ernan Road, South Ockendon, Essex, RM15
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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
£1,557
Based on a loan of £318,750 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