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Broad Way, Hockley SS5

East of England

£700,000

Listed on 09/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
1916 sqft

Description

This generously sized property, spanning close to 2,000 square feet, presents substantial opportunities for renovation and extension. The layout supports the concept of dual living, making it a practical choice for families requiring additional independent spaces. The impressive rear garden extends approximately 150ft in depth and 65ft in width, offering a tranquil outdoor space that could be further enhanced or developed. Conveniently located within walking distance to local amenities including schools, shops, and mainline transport links, this home is an excellent candidate for investment. The interior features multiple bedrooms and reception areas, with potential for modernising or reconfiguring the space to suit contemporary living standards. Viewing is highly recommended to fully appreciate the scope this property has to offer.

Investment Analysis

(SS5 area)

Below Market Value

This property is priced -8.2% below area average per sq ft

-8.2%
Potential saving
This Property
£365/sq ft
Area Average
£398/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £80,000
Target Value
£838,403
10% above area average per sq ft
Potential ROI
+7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SS5)

Area prices are rising by +5.3% over the last 12 months
3 year growth: -1.3%
5 year growth: +10.4%
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

Broad Way, Hockley SS5
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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
£2,645
Based on a loan of £525,000 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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