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London Road, Vange, Basildon, Essex, SS16

East of England

£500,000
Listed on 11/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1095 sqft

Description

This three-bedroom detached bungalow, situated in a desirable area of the East of England, presents an excellent opportunity for those looking to invest or create their ideal living space. While the property is currently well-maintained and offers modern features such as a stylish kitchen with granite work surfaces, it also holds significant potential for extension and reconfiguration, subject to planning consent. Inside, you will find two well-proportioned reception rooms, making it easy to adapt the space for various needs—whether for relaxation or entertaining guests. The contemporary shower room adds a touch of modernity, while the utility room enhances the overall functionality of the home. Externally, a generous driveway accommodates multiple vehicles alongside a double-length carport. The rear garden spans approximately 138ft, providing ample space that could be transformed into a more expansive outdoor haven or even additional living space if desired. Situated conveniently near local amenities, reputable schools, and excellent transport links, this property offers not just comfort but also future investment potential.

Investment Analysis

(SS16 area)

Above Market Value

This property is priced +17.0% above area average per sq ft

+17.0%
This Property
£457/sq ft
Area Average
£390/sq ft
Avg Rent (weekly)
£334
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£470,056
10% above area average per sq ft
Potential ROI
-13.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SS16)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -8.5%
5 year growth: +4.7%
Investment Disclaimer: Analysis based on SS16 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

London Road, Vange, Basildon, Essex, SS16
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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
£1,784
Based on a loan of £375,000 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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