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Latimer Drive, Hornchurch RM12 - Image 1
Latimer Drive, Hornchurch RM12 - Image 2
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Latimer Drive, Hornchurch RM12

London

£180,000
Listed on 02/03/2026

Property Details

Bedrooms
1
Type
Flat
Area
346 sqft

Description

This one-bedroom studio flat presents a rare opportunity for a comprehensive renovation in an attractive location near Hornchurch Town Centre and the train station. Currently in need of complete refurbishment, the property serves as a blank canvas for buyers looking to create a tailored living environment. With all aspects requiring significant updating, this project offers the potential for substantial value enhancement. The shared parking facilities add convenience for residents, making this property an appealing option for investors or first-time buyers ready to embrace a full-scale renovation. The advantageous no onward chain simplifies the purchasing process, providing flexibility for those eager to capitalize on this investment.

Investment Analysis

(RM12 area)

Above Market Value

This property is priced +9.2% above area average per sq ft

+9.2%
This Property
£520/sq ft
Area Average
£476/sq ft
Avg Rent (weekly)
£405
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£181,261
10% above area average per sq ft
Potential ROI
-17.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (RM12)

Area prices are rising by +6.0% over the last 12 months
3 year growth: +3.7%
5 year growth: +17.1%
Investment Disclaimer: Analysis based on RM12 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

Latimer Drive, Hornchurch RM12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£649
Based on a loan of £135,000 over 30 years at 4.06% 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.

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