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Highams Road, Hockley, SS5

East of England

£375,000
Listed on 15/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1647 sqft

Description

This detached two-bedroom bungalow in Hockley offers a prime opportunity for buyers eager to undertake a full renovation. Situated on an attractive wide plot, this property provides an ideal blank canvas to create a personalized home that aligns with modern living standards. While the bungalow requires comprehensive updating, its advantageous location near Hockley village and transport links adds significant value. The existing layout includes two spacious bedrooms that promise ample natural light and comfortable dimensions, a large kitchen ripe for redesign, a generous lounge, and a sizable bathroom. A detached garage and off-road parking enhance the practicality of the property. With no onward chain, this is an attractive prospect for those ready to invest time and resources into transforming the space. The structural configuration invites creativity, whether through refurbishment or potential extensions (subject to necessary approvals). This is a unique chance to acquire a property with both immediate renovation potential and long-term investment rewards.

Investment Analysis

(SS5 area)

Below Market Value

This property is priced -42.7% below area average per sq ft

-42.7%
Potential saving
This Property
£228/sq ft
Area Average
£397/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£719,698
10% above area average per sq ft
Potential ROI
+58.2%
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

Highams Road, 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
£1,338
Based on a loan of £281,250 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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