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South Road, South Ockendon, RM15

London

£335,000

Listed on 30/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1415 sqft

Description

This three-bedroom Victorian-style family home in South Ockendon offers a remarkable opportunity for buyers looking to invest in a property with substantial renovation potential. With no chain involved, this home serves as an ideal canvas for creating a personalized space. It features a spacious living area, a well-sized kitchen, and three generous double bedrooms, enhanced by a two-storey extension that maximizes the available space. The property requires complete refurbishment, making it perfect for families, developers, or investors eager to add value. Outside, the extensive rear garden includes multiple sheds and storage options, along with an outside WC and a large double garage that presents additional parking or workspace opportunities. Conveniently located near local amenities, highly rated schools, and excellent transport links into London, this property combines desirable location with investment potential.

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Investment analysis

(RM15 area)

Below Market Value

This property is priced -42.0% below area average per sq ft

-42.0%
Potential saving
This Property
£237/sq ft
Area Average
£408/sq ft
Avg Rent (weekly)
£331
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£635,597
10% above area average per sq ft
Potential ROI
+53.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (RM15)

Area prices are rising by +3.7% over the last 12 months
3 year growth: +5.1%
5 year growth: +17.0%
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

South Road, South Ockendon, RM15
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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
£1,266
Based on a loan of £251,250 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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