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Latimer Drive, Hornchurch, RM12 - Image 1
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Latimer Drive, Hornchurch, RM12

London

£180,000
Listed on 03/03/2026

Property Details

Bedrooms
1
Type
Flat
Area
346 sqft

Description

This one-bedroom first-floor studio flat presents a compelling opportunity for those looking to invest in a property with significant renovation potential. Offered with no onward chain, the flat is positioned conveniently within walking distance to Hornchurch Town Centre and Hornchurch Station, making it an attractive location for future growth and development. The property is effectively a blank slate, requiring comprehensive modernization throughout, which allows for extensive reconfiguration and personalisation to create a tailored living space. Every element of this unit will need attention, appealing to buyers who are keen on undertaking a rewarding renovation project. Additionally, residents have access to shared parking facilities. With its prime location and the possibility of enhancing value through refurbishment, this flat serves as both an excellent investment opportunity and an affordable entry into the property market for individuals prepared to commit the necessary work.

Investment Analysis

(RM12 area)

Above Market Value

This property is priced +9.2% above area average per sq ft

+9.2%
This Property
£520/sq ft
Area Average
£476/sq ft
Avg Rent (weekly)
£405
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£181,261
10% above area average per sq ft
Potential ROI
-17.6%
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
48%
Properties sold annually

Local Market Trend (RM12)

Area prices are rising by +6.0% over the last 12 months
3 year growth: +3.7%
5 year growth: +17.1%
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

Latimer Drive, 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
£649
Based on a loan of £135,000 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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