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Marylands Avenue, Hockley, SS5

East of England

£350,000
Listed on 29/04/2026

Property Details

Bedrooms
2
Type
Not Specified
Area
835 sqft

Description

This two-bedroom bungalow is situated on the periphery of Marylands Nature Reserve, presenting a promising opportunity for renovation and personalisation. Upon entering, you are greeted by a hallway that leads to a generously sized living area, forming a solid base for both daily activities and social gatherings. The flexible layout features two well-sized double bedrooms, one of which has the potential to serve as a dedicated dining space. The kitchen is ripe for redevelopment, allowing prospective buyers to design a contemporary culinary environment tailored to their lifestyle preferences. Similarly, the bathroom is ideally located to accommodate both bedrooms and can be upgraded to enhance its functionality and aesthetic appeal. Outside, the property includes an attached garage along with private driveway parking, providing secure storage options and additional convenience. Overall, this bungalow offers ample scope for internal and external enhancements over time (subject to relevant permissions). Located just seven minutes from Hockley Station with direct rail access to London, this property also benefits from proximity to Hockley High Street, which is approximately fifteen minutes away by foot and features a variety of shops, cafés, and essential services. Local bus routes are conveniently accessible as well. For those seeking a project with substantial potential for value addition, this bungalow represents an excellent chance to create a modern single-level residence in a desirable and established neighbourhood.

Investment Analysis

(SS5 area)

Above Market Value

This property is priced +5.5% above area average per sq ft

+5.5%
This Property
£419/sq ft
Area Average
£397/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£364,874
10% above area average per sq ft
Potential ROI
-7.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SS5)

Area prices are rising by +6.6% over the last 12 months
3 year growth: -1.2%
5 year growth: +11.7%
Investment Disclaimer: Analysis based on SS5 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

Marylands Avenue, Hockley, SS5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,249
Based on a loan of £262,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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