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Buckingham Road, Hockley

East of England

£425,000
Listed on 07/04/2026

Property Details

Bedrooms
4
Type
House
Area
1544 sqft

Description

This four-bedroom detached residence presents a promising investment opportunity in Hockley, ideally located near local amenities. The property spans generous living areas that are ripe for modernisation, allowing new owners to craft a living space tailored to their preferences. The ground floor includes a sizeable kitchen and a separate lounge/diner, both of which offer excellent potential for redesign. A convenient downstairs WC adds to the functionality of this family-friendly layout. Upstairs, you will find four well-proportioned bedrooms that cater to various living arrangements and family needs. Notably, the property is equipped with a new boiler and double-glazed windows throughout, providing a solid foundation for further enhancements. Externally, the large rear garden offers plenty of outdoor space for recreation and gatherings, complemented by side access and an attached garage for added convenience. With its combination of substantial space and renovation potential in a desirable location, this home is an exciting opportunity for those looking to invest or develop their perfect dwelling.

Investment Analysis

(SS5 area)

Below Market Value

This property is priced -31.0% below area average per sq ft

-31.0%
Potential saving
This Property
£275/sq ft
Area Average
£399/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£677,407
10% above area average per sq ft
Potential ROI
+45.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SS5)

Area prices are rising by +8.9% over the last 12 months
3 year growth: +1.1%
5 year growth: +12.7%
Investment Disclaimer: Analysis based on SS5 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

Buckingham Road, Hockley
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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
£1,505
Based on a loan of £318,750 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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