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Hamble Lane, South Ockendon, RM15 - Image 1
Hamble Lane, South Ockendon, RM15 - Image 2
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Hamble Lane, South Ockendon, RM15

London

£400,000

Listed on 20/05/2026

Property Details

Bedrooms
4
Type
End Of Terrace
Area
945 sqft

Description

This three-bedroom end-of-terrace property presents a solid investment opportunity for renovation enthusiasts. Positioned on a generous side plot, there is ample room to extend the home (subject to planning permission), mirroring the successful modifications made by neighbouring properties. The interior boasts a spacious bay-fronted reception room, a well-appointed kitchen/diner that integrates modern conveniences, and a contemporary bathroom setup. While the property is in good condition, minor upgrades could enhance its appeal significantly. The timber outbuilding in the rear garden provides potential for additional utility or leisure space. With no onward chain, this home is ideally located near schools and amenities, making it an attractive choice for families seeking both comfort and development potential.

Investment Analysis

(RM15 area)

Above Market Value

This property is priced +3.1% above area average per sq ft

+3.1%
This Property
£423/sq ft
Area Average
£411/sq ft
Avg Rent (weekly)
£331
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£426,923
10% above area average per sq ft
Potential ROI
-5.1%
After renovation
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

Hamble Lane, South Ockendon, RM15
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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
£1,427
Based on a loan of £300,000 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.

Stamp Duty Calculator

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