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Pease Close, Hornchurch, RM12 - Image 1
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Pease Close, Hornchurch, RM12

London

£254,995
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
805 sqft

Description

Situated in a tranquil cul-de-sac, this three-bedroom leasehold property presents an attractive opportunity for cash buyers looking to undertake a renovation project. With 58 years remaining on the lease, it offers considerable potential for enhancement. The home benefits from off-street parking and a rear garden, making it ideal for families or those seeking outdoor space. The interior requires modernisation, which allows for personalization and value addition. Positioned conveniently with good transport links, this property is well-placed to benefit from future investment in the area.

Investment Analysis

(RM12 area)

Below Market Value

This property is priced -33.5% below area average per sq ft

-33.5%
Potential saving
This Property
£317/sq ft
Area Average
£476/sq ft
Avg Rent (weekly)
£412
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£421,631
10% above area average per sq ft
Potential ROI
+42.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (RM12)

Area prices are rising by +6.5% over the last 12 months
3 year growth: +4.1%
5 year growth: +18.3%
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

Pease Close, Hornchurch, RM12
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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
£920
Based on a loan of £191,246 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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