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No chain - Lionel Road, Canvey Island

East of England

£300,000

Listed on 19/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
877 sqft

Description

Situated just a short stroll from the vibrant Town Centre, this three-bedroom detached bungalow presents a prime opportunity for renovation and investment. The property is being sold with no onward chain and requires modernisation throughout, allowing buyers to tailor it to their own tastes. Inside, you will find a spacious lounge that invites natural light, alongside a sizable kitchen/breakfast area equipped with sufficient space for dining furniture. The three bedrooms are well-sized, providing versatile accommodation options, while the bathroom and separate WC cater to family needs. Outside, enjoy the patio and lawned rear garden along with a side garage featuring a power-assisted roller door. This bungalow offers ample potential for enhancement, making it an attractive prospect for those looking to increase value through refurbishment.

Investment Analysis

(SS8 area)

Below Market Value

This property is priced -5.6% below area average per sq ft

-5.6%
Potential saving
This Property
£342/sq ft
Area Average
£363/sq ft
Avg Rent (weekly)
£339
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£349,704
10% above area average per sq ft
Potential ROI
+2.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SS8)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -2.4%
5 year growth: +17.7%
Investment Disclaimer: Analysis based on SS8 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

No chain - Lionel Road, Canvey Island
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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
£1,133
Based on a loan of £225,000 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

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