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Purfleet Road, Aveley, RM15 4 - Image 1
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Purfleet Road, Aveley, RM15 4

London

£400,000
Listed on 09/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
931 sqft

Description

Nestled within the welcoming community of South Ockendon, this two-bedroom bungalow presents a solid foundation for homeowners and investors alike. The property offers convenient access to an array of local amenities and efficient transport links, making it an appealing option for those commuting to London or nearby areas. With a garage on-site, practical storage solutions are readily available. Notably, there exists significant potential for expansion, both to the rear and into the loft space, subject to obtaining the necessary planning permissions (STPP), allowing you to tailor this home to your needs. The surrounding area is characterized by its friendly atmosphere and access to green spaces, perfect for leisure and relaxation. Families will appreciate the proximity to reputable schools such as Bonnygate Primary School, along with an assortment of shops and services that cater to everyday requirements. This freehold property offers a unique opportunity to settle in a vibrant and well-connected location while having the chance to enhance its value through thoughtful refurbishment and expansion.

Investment Analysis

(RM15 area)

Above Market Value

This property is priced +7.2% above area average per sq ft

+7.2%
This Property
£430/sq ft
Area Average
£401/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£410,510
10% above area average per sq ft
Potential ROI
-7.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (RM15)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 5.9%
5 year growth: 15.1%
Investment Disclaimer: Analysis based on RM15 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

Purfleet Road, Aveley, RM15 4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £300,000 over 30 years at 4.19% 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE