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Wood Avenue, Hockley SS5

East of England

£850,000
Listed on 01/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
2021 sqft

Description

This four-bedroom detached residence presents a promising opportunity for those looking to invest in a property with considerable renovation potential. The home features a spacious kitchen that invites reconfiguration, alongside a utility room that could be optimized further. A bright conservatory offers views of the substantial rear garden, where a large fish pond stands out as a focal point for outdoor activities. The layout includes an ensuite bedroom on the ground floor and three additional bedrooms upstairs, each offering flexible living options. Importantly, this property has significant scope for modern upgrades and potential extensions, subject to planning permission. Situated on Wood Avenue, this home benefits from proximity to Hockley Station and local village amenities, making it an ideal candidate for transformation into a contemporary family dwelling.

Investment Analysis

(SS5 area)

Above Market Value

This property is priced +5.9% above area average per sq ft

+5.9%
This Property
£421/sq ft
Area Average
£397/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£883,126
10% above area average per sq ft
Potential ROI
-5.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SS5)

Area prices are rising by +6.6% over the last 12 months
3 year growth: -1.2%
5 year growth: +11.7%
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

Wood Avenue, Hockley SS5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,033
Based on a loan of £637,500 over 30 years at 3.97% 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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