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Surrey Drive, Hornchurch

London

£425,000
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1236 sqft

Description

This three-bedroom end of terrace home is positioned in a desirable area, offering an attractive canvas for those looking to undertake a renovation project. With the property requiring modernisation throughout, it holds significant potential for transformation into a stylish family abode tailored to individual preferences. The layout includes a spacious lounge, a separate kitchen, three generously sized bedrooms, and a family bathroom, making it conducive to creating open-plan living spaces or enhancing functionality according to modern demands. Outside, the private rear garden and end-of-terrace status afford additional privacy and outdoor space. Ideal for first-time buyers and families seeking value appreciation over time, this property is an excellent opportunity to invest in a home that can be customised and improved for enhanced comfort and style. Early viewings are advisable to fully appreciate its possibilities.

Investment Analysis

(RM11 area)

Below Market Value

This property is priced -30.4% below area average per sq ft

-30.4%
Potential saving
This Property
£344/sq ft
Area Average
£494/sq ft
Avg Rent (weekly)
£413
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£671,574
10% above area average per sq ft
Potential ROI
+38.5%
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
14%
Properties sold annually

Local Market Trend (RM11)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +4.7%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on RM11 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

Surrey Drive, Hornchurch
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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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