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Caro Road, Canvey Island, Essex, SS8

East of England

£325,000
Listed on 09/02/2026

Property Details

Bedrooms
3
Type
Detached
Area
1168 sqft

Description

This three-bedroom detached residence, situated in a desirable area of Canvey Island, presents an excellent opportunity for buyers eager to add their personal touch. While the home boasts generously sized rooms and a spacious kitchen/diner suited for family gatherings, it awaits modernization to fully realize its potential. The bright living areas offer a canvas for upgrades that will transform them into a contemporary haven. The generous wraparound garden not only enhances outdoor living with space for landscaping and recreational activities but also provides options for future expansion (subject to planning permissions). Additionally, with an attached garage and ample off-street parking, convenience is guaranteed. This property is particularly appealing to families and investors looking for a project that promises great returns after refurbishment. Prospective buyers should be aware of an ongoing insurance claim related to subsidence, which highlights the importance of thorough due diligence before proceeding.

Investment Analysis

(SS8 area)

Below Market Value

This property is priced -22.6% below area average per sq ft

-22.6%
Potential saving
This Property
£278/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£313
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£461,886
10% above area average per sq ft
Potential ROI
+26.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SS8)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -2.7%
5 year growth: +18.0%
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

Caro Road, Canvey Island, Essex, SS8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,151
Based on a loan of £243,750 over 30 years at 3.91% 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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