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Laburnum Grove, Canvey Island, SS8 - Image 1
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Laburnum Grove, Canvey Island, SS8

East of England

£300,000
Listed on 24/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
947 sqft

Description

This two-bedroom detached bungalow offers a significant opportunity for those looking to invest in a renovation project. Located in a desirable area of the East of England, the property boasts an extended layout with spacious interiors, providing ample room for reconfiguration and modernisation. The two generously sized bedrooms and a well-proportioned lounge/dining area present a blank canvas for personalisation, making it ideal for individuals aiming to create their ideal living space. Both the kitchen and bathroom require modern updates, allowing buyers to tailor these essential areas to their preferences. Additional features include a private driveway leading to a detached garage, providing off-street parking and storage solutions. The decent-sized rear garden adds further potential for landscape enhancement. While the property requires comprehensive refurbishment, its versatile design holds great promise for both first-time buyers and seasoned investors alike, all within proximity to local amenities and public transport connections.

Investment Analysis

(SS8 area)

Below Market Value

This property is priced -13.4% below area average per sq ft

-13.4%
Potential saving
This Property
£317/sq ft
Area Average
£366/sq ft
Avg Rent (weekly)
£292
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£380,846
10% above area average per sq ft
Potential ROI
+8.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (SS8)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -2.8%
5 year growth: +18.4%
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

Laburnum Grove, Canvey Island, SS8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 over 30 years at 4.06% 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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