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Gainsborough Avenue, Canvey Island, SS8 - Image 1
Gainsborough Avenue, Canvey Island, SS8 - Image 2
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Gainsborough Avenue, Canvey Island, SS8

East of England

£325,000
Listed on 21/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This charming two-bedroom detached bungalow presents a spacious layout and a large plot, showcasing significant potential for future enhancements. With its current good condition, the home is move-in ready, making it suitable for a wide range of buyers looking to invest. The accommodation consists of two generously sized bedrooms, including one with an en-suite bathroom, enhancing comfort and privacy for guests or family members alike. The outdoor space is particularly appealing, featuring a rear garden roughly 30ft deep and 50ft wide that is designed for easy maintenance with concrete and paving slabs predominately laid out. This inviting area allows for relaxation while minimizing upkeep responsibilities. Additionally, off-street parking is available for up to two vehicles at the front of the property. A noteworthy aspect of this bungalow is its development potential; it has previously received planning permissions to be transformed into a four-bedroom residence. This offers an exciting opportunity for buyers who are interested in expanding their living space or adding value (pending necessary approvals). Ultimately, this detached bungalow combines practicality with considerable investment opportunities and merits a viewing to appreciate all it could offer in terms of both comfort and future growth.

Investment Analysis

(SS8 area)
Area Average
£360/sq ft
Avg Rent (weekly)
£313
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SS8)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -2.7%
5 year growth: +18.0%
Investment Disclaimer: Analysis based on SS8 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

Gainsborough Avenue, Canvey Island, SS8
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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
£1,151
Based on a loan of £243,750 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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