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Purfleet Road, Aveley, South Ockendon, RM15

London

£675,000

Listed on 22/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1109 sqft

Description

This spacious three-bedroom detached bungalow is set on a substantial plot in a well-connected location, just a short distance from local transport links. Ideal for families and commuters, the property boasts built-in storage in each of the three generously sized bedrooms, complemented by a family bathroom. The home's extension has created a bright and airy 21ft living/dining area that opens up possibilities for modern updates or aesthetic improvements. The separate kitchen includes ample worktop space and storage, making it functional yet ripe for enhancement. Outside, the property features off-street parking and side access to an expansive rear garden. This outdoor area holds significant potential for further development—consider options like an extension, summer house, or even an annexe, subject to obtaining necessary planning permissions (STPP). With its prime location and solid foundations, this home is perfect for those looking to invest in renovation opportunities. Viewing is recommended to fully grasp the possibilities that this property presents.

Investment Analysis

(RM15 area)

Above Market Value

This property is priced +48.2% above area average per sq ft

+48.2%
This Property
£609/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
£501,013
10% above area average per sq ft
Potential ROI
-30.9%
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

Purfleet Road, Aveley, 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
£2,408
Based on a loan of £506,250 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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