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Chestnut Close, Hockley

East of England

£325,000

Listed on 02/07/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow
Area
832 sqft

Description

This two-bedroom semi-detached property is located in a sought-after residential area, conveniently close to Hockley village and its amenities, including well-regarded schools and the railway station. It offers a promising opportunity for first-time buyers or those looking to downsize. The home features a spacious layout with a welcoming entrance hall leading into a versatile lounge-diner, ideal for family gatherings. The kitchen provides ample storage solutions, while the conservatory at the rear enhances the living space and offers views of the generous 70ft garden—a blank canvas ready for landscaping and outdoor enjoyment. The upper floor comprises two well-sized double bedrooms accompanied by a recently updated shower room. While some modernisation is needed to fully realise this property's potential, there is significant scope for personalisation as well as possibilities for extensions on both levels. Overall, it’s an enticing prospect for anyone looking to invest and add value.

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Investment analysis

(SS5 area)

Below Market Value

This property is priced -1.8% below area average per sq ft

-1.8%
Potential saving
This Property
£391/sq ft
Area Average
£398/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£364,067
10% above area average per sq ft
Potential ROI
+2.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SS5)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -4.1%
5 year growth: +6.6%
Investment Disclaimer: Analysis based on SS5 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

Chestnut Close, Hockley
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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
£1,228
Based on a loan of £243,750 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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