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Ramsay Drive, Basildon

East of England

£425,000
Listed on 20/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1360 sqft

Description

Located in a tranquil and desirable neighborhood, this three-bedroom detached bungalow presents an opportunity for those looking to invest in a property with considerable renovation potential (STPP). The property features a spacious kitchen/breakfast area that offers ample storage solutions and seamlessly connects to a conservatory, which provides direct access to the well-maintained rear garden—an ideal setting for outdoor relaxation. The accommodation includes three bedrooms, with the principal bedroom benefiting from its own en suite bathroom, while both main bedrooms are accentuated by charming bay windows that enhance light flow and spatial feel. The third bedroom is versatile enough to be adapted into an office, gym, or additional living space according to your needs. Additional features include a garage and a generous paved driveway that allows for plenty of off-street parking. This property stands as an excellent choice for buyers keen on personalizing their home and enhancing its overall value through renovation.

Investment Analysis

(SS16 area)

Below Market Value

This property is priced -20.9% below area average per sq ft

-20.9%
Potential saving
This Property
£313/sq ft
Area Average
£395/sq ft
Avg Rent (weekly)
£357
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£590,696
10% above area average per sq ft
Potential ROI
+25.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (SS16)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -10.5%
5 year growth: +7.3%
Investment Disclaimer: Analysis based on SS16 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

Ramsay Drive, Basildon
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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
£1,533
Based on a loan of £318,750 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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