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Hempstead Road, Hempstead,

South East

£400,000

Listed on 09/07/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
861 sqft

Description

Nestled in the desirable Hempstead area, this three-bedroom detached bungalow offers a remarkable chance for renovation enthusiasts to transform it into their ideal family residence. This property is offered with no onward chain, streamlining the process and allowing for an immediate start on your refurbishment project. While the home requires modernisation, its single-storey layout of approximately 861 sq. ft. (80 sq. m) provides a functional foundation for creative redesign. The property boasts three spacious bedrooms, making it suitable for families or guests alike. A basic kitchen awaits your personal touch, ready to be upgraded to reflect contemporary tastes. Extending the living area is a bright conservatory that invites natural light and presents various possibilities—be it as a dining room, sunroom, or reading nook—with picturesque views of the expansive rear garden. The generous garden spans over 100 feet (30 metres) and faces south-east, offering an excellent outdoor space perfect for landscaping projects or creating an engaging play area for children. This private outdoor haven could easily become a spot for summer barbecues or relaxing moments in nature. Located conveniently near the M2 motorway, commuting to nearby areas is hassle-free, while local amenities are within reach at Hempstead Valley Shopping Centre and Rainham’s bustling high street. Here, you'll find shops, restaurants, schools of all levels, and mainline train services. This bungalow represents a significant opportunity in a sought-after location and invites you to envision its potential as your forever home.

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Investment analysis

(ME7 area)

Above Market Value

This property is priced +55.0% above area average per sq ft

+55.0%
This Property
£465/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£283
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£283,941
10% above area average per sq ft
Potential ROI
-36.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (ME7)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +0.3%
5 year growth: +10.7%
Investment Disclaimer: Analysis based on ME7 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

Hempstead Road, Hempstead,
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £300,000 over 30 years at 4.45% 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

Next Steps

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