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Candover Road, Hornchurch

London

£450,000
Listed on 20/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1099 sqft

Description

This detached bungalow presents a prime opportunity for those looking to invest in a property with significant potential for modernization. Featuring two bedrooms and ample living space, it offers a solid foundation for transformation. The large reception room boasts double glazed bay windows and French doors that open to the garden, while the kitchen/breakfast room includes essential appliances and natural light from rear-facing windows. The ground floor features a substantial bedroom with built-in furniture, while the first-floor bedroom offers additional space along with eaves storage that can be further developed. The bathroom is functional but requires updating. Outside, the garden, extending 30.48m (100'), provides both paved and lawn areas, suitable for landscaping or creating outdoor entertainment spaces. Additionally, there is a driveway for parking convenience. This property is chain-free, enhancing appeal for quick renovation projects, and holds potential to extend subject to planning permission (STPP). Located just 1.3 miles from Emerson Park Station, it benefits from good transport links to central London.

Investment Analysis

(RM12 area)

Below Market Value

This property is priced -14.0% below area average per sq ft

-14.0%
Potential saving
This Property
£409/sq ft
Area Average
£476/sq ft
Avg Rent (weekly)
£405
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£575,739
10% above area average per sq ft
Potential ROI
+15.1%
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
48%
Properties sold annually

Local Market Trend (RM12)

Area prices are rising by +6.0% over the last 12 months
3 year growth: +3.7%
5 year growth: +17.1%
Investment Disclaimer: Analysis based on RM12 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

Candover Road, Hornchurch
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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
£1,623
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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