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Elizabeth Avenue, Rayleigh, SS6

East of England

£500,000
Listed on 01/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1217 sqft

Description

This three-bedroom, detached home on a desirable street in Rayleigh presents a significant opportunity for renovation enthusiasts or investors looking to enhance property value. Built by Byford, the residence features two spacious reception rooms that can be reimagined for various living arrangements, alongside a large kitchen that opens onto a sunny south-west facing garden—ideal for both relaxation and outdoor entertaining. The garage has been partially converted into an office space, providing additional functional room while still maintaining storage options. A ground-floor W.C. adds convenience to the layout. Upstairs, the three ample bedrooms and family bathroom are ready for modernisation, allowing new owners to design their ideal private retreat. While the home requires some updating, it offers ample scope for extension and contemporary enhancement. The property's exterior boasts generous parking on the driveway and a tranquil garden space that basks in afternoon sun. Overall, this property is an exciting blank canvas ripe with potential for those seeking a project to truly make their own.

Investment Analysis

(SS6 area)

Below Market Value

This property is priced -1.3% below area average per sq ft

-1.3%
Potential saving
This Property
£411/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£321
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£557,234
10% above area average per sq ft
Potential ROI
+3.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SS6)

Area prices are stable by +0.5% over the last 12 months
3 year growth: 1.8%
5 year growth: 16.5%
Investment Disclaimer: Analysis based on SS6 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

Elizabeth Avenue, Rayleigh, SS6
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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
£1,832
Based on a loan of £375,000 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