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Myrtle Grove, South Ockendon

London

£450,000
Listed on 18/03/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

Nestled in a tranquil cul-de-sac within the desirable area of Aveley, this three-bedroom semi-detached house offers significant potential for renovation and investment. The welcoming lounge invites relaxation, flowing into a dedicated dining space perfect for gatherings. The kitchen is functional with ample storage, although it presents opportunities for modernization tailored to contemporary tastes. The layout accentuates natural light, enhancing the spacious feel on the ground floor. Upstairs, three generously sized bedrooms provide comfort and flexibility for families or renters. A modern family bathroom complements the living space but could benefit from updates. With a solid brick construction and features like gas central heating and double glazing already installed, the home has a strong base to build upon. The private garden serves as a blank canvas for outdoor enhancements or extensions (subject to planning permission), while the off-road parking enhances usability in this sought-after locale. Located just moments from local amenities and with convenient access to major transport links, this property represents an appealing prospect for those looking to invest in a home that can be updated to reflect personal style and requirements.

Investment Analysis

(RM15 area)
Area Average
£409/sq ft
Avg Rent (weekly)
£328
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Myrtle Grove, South Ockendon
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 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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