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Cullen Square,South Ockendon,RM15 6AA

London

£350,000
Listed on 06/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This well-preserved two-bedroom residence presents an excellent opportunity for those looking to invest in a property with notable renovation potential. Inside, the spacious open-plan lounge, kitchen, and dining area are bright and welcoming, ideal for family gatherings or entertaining guests. While the kitchen is currently finished to a modern standard, there is room for improvement that could elevate functionality and aesthetics further. Both double bedrooms offer generous space for rest and relaxation, complemented by a sizable loft that not only provides ample storage but also hints at the possibility of future conversion into additional living space, pending appropriate permissions. The bathroom is functional and low-maintenance but could benefit from an update to enhance its appeal. Externally, the property features off-street parking—a coveted asset in urban settings—and a garden complete with a substantial shed suitable for storing gardening tools or outdoor equipment. The mains gas heating ensures comfort throughout the colder months. Situated in a prime location with convenient access to Davy Down Riverside Park for nature walks and just minutes from Lakeside Shopping Centre, this home is positioned well for both leisure and convenience. Proximity to local schools and Ockendon train station enhances its desirability for families and commuters alike. With no onward chain, this property offers a seamless transition for new owners eager to make it their own.

Investment Analysis

(RM15 area)
Area Average
£411/sq ft
Avg Rent (weekly)
£331
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (RM15)

Area prices are rising by +2.4% over the last 12 months
3 year growth: +4.2%
5 year growth: +15.9%
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 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.

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