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May Avenue, Canvey Island - Image 1

May Avenue, Canvey Island

East of England

£250,000

Listed on 24/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1109 sqft

Description

Nestled in the desirable May Avenue area, this end-of-terrace property offers a substantial canvas for those looking to transform a spacious layout into an ideal family residence. The home is in need of comprehensive modernisation, making it an attractive proposition for buyers keen on adding significant value. The ground floor features a generously sized lounge perfect for family gatherings, alongside a kitchen that provides ample scope for a contemporary redesign. A separate dining area adds to the home's versatility, while a fourth bedroom or office space caters well to remote working needs. With two shower rooms, convenience is prioritized for family living, and the adaptable layout can accommodate various lifestyles and preferences. Upstairs, three light-filled bedrooms offer good proportions and potential for reconfiguration as required. Outside, the expansive rear garden presents an excellent opportunity for outdoor activities or even future extensions (subject to planning consent), complemented by a garage which can serve as secure parking or additional storage. Located conveniently close to local amenities, schools, and transport links, this property is a solid investment with immense potential for improvement in a thriving community.

Investment Analysis

(SS8 area)

Below Market Value

This property is priced -37.8% below area average per sq ft

-37.8%
Potential saving
This Property
£225/sq ft
Area Average
£363/sq ft
Avg Rent (weekly)
£339
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £65,000
Target Value
£442,214
10% above area average per sq ft
Potential ROI
+40.4%
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

May Avenue, 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
£944
Based on a loan of £187,500 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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