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Cullen Square, South Ockendon, RM15 6AA - Image 1
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Cullen Square, South Ockendon, RM15 6AA

London

£325,000

Listed on 06/05/2026

Property details

Bedrooms
2
Type
Terraced

Description

This well-maintained two-bedroom home presents a significant opportunity for renovation and investment, embodying both comfort and practicality. Upon entering, you are greeted by an open-plan space that combines the lounge, kitchen, and dining areas—a layout ideal for modern living and entertaining. While the kitchen is finished to a good standard, there is potential for updates that could enhance its functionality and aesthetic appeal. Both double bedrooms offer comfortable living spaces and benefit from natural light, while the sizable loft provides excellent storage solutions with the added possibility of conversion into additional living space, subject to appropriate permissions. The existing bathroom is tidy yet may require minor updates to meet contemporary standards. Outdoors, off-street parking adds convenience, and a generously sized shed in the garden suggests further utility for storage or even potential transformation into a small workspace or hobby area. Efficient mains gas heating ensures a cozy atmosphere year-round alongside reliable mains electric and water services. The property's location enhances its investment value—situated near Davy Down Riverside Park for nature walks, only a short drive from Lakeside Shopping Centre for shopping needs. Proximity to essential amenities on the local high street and Derwent Parade adds to the convenience factor. Commuters will appreciate being close to Ockendon train station within Oyster Zone C2C, while families will benefit from being in the catchment areas for reputable primary and secondary schools. This property comes with no onward chain, facilitating an easier transition into your new home while offering great potential for future improvements.

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Investment analysis

(RM15 area)
Area Average
£408/sq ft
Avg Rent (weekly)
£331
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (RM15)

Area prices are rising by +3.7% over the last 12 months
3 year growth: +5.1%
5 year growth: +17.0%
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

Cullen Square, South Ockendon, RM15 6AA
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 over 30 years at 4.45% 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

Price History

-7.1% since listed
£325,000£25,000(-7.1%)
30/06/2026
Current price
£350,000Initial listing
07/05/2026

Next Steps

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