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Rosemary Close, South Ockendon, Essex, RM15 - Image 1
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Rosemary Close, South Ockendon, Essex, RM15

London

£230,000
Listed on 18/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1101 sqft

Description

This three-bedroom family residence presents an attractive opportunity for first-time buyers or investors eager to enter the property market. Conveniently located within walking distance of Ockendon Station, it is well-suited for commuters. The property includes a garage and off-street parking, coupled with a generous rear garden that offers ample potential for enhancement or landscaping. Inside, the home is in need of modernization, providing a canvas for prospective owners to update and personalize the space according to their preferences. With no onward chain, this property is positioned advantageously in a sought-after RM15 cul-de-sac, making it an excellent value proposition. Early viewing is advised due to anticipated interest.

Investment Analysis

(RM15 area)

Below Market Value

This property is priced -48.9% below area average per sq ft

-48.9%
Potential saving
This Property
£209/sq ft
Area Average
£409/sq ft
Avg Rent (weekly)
£328
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£495,098
10% above area average per sq ft
Potential ROI
+86.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (RM15)

Area prices are stable by +1.3% over the last 12 months
3 year growth: +4.6%
5 year growth: +15.5%
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

Rosemary Close, South Ockendon, Essex, RM15
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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
£830
Based on a loan of £172,500 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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