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London Road, Vange, Basildon, Essex SS16

East of England

£500,000

Listed on 15/06/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1095 sqft

Description

This three-bedroom detached bungalow offers a wealth of possibilities for renovation and improvement. While it is currently presented to a high standard, there is notable potential for extension, pending planning approval, which could enhance its value and living space significantly. The layout includes two spacious reception rooms that can be reconfigured for modern family needs or entertaining options. The kitchen, featuring granite work surfaces, provides a solid foundation but could benefit from updates to fully suit contemporary tastes. A modern shower room and utility room add practicality to the design. Outside, the property boasts an expansive rear garden measuring approximately 138ft, perfect for landscaping projects or creating additional outdoor living areas. The driveway accommodates multiple vehicles alongside a double-length carport, ensuring ample parking. Located in a desirable area with good access to local amenities and transport links, this property not only offers comfortable living but also significant investment potential for those looking to make their mark.

Investment Analysis

(SS16 area)

Above Market Value

This property is priced +17.0% above area average per sq ft

+17.0%
This Property
£457/sq ft
Area Average
£390/sq ft
Avg Rent (weekly)
£323
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£470,116
10% above area average per sq ft
Potential ROI
-12.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SS16)

Area prices are falling by -3.2% over the last 12 months
3 year growth: -8.8%
5 year growth: +3.4%
Investment Disclaimer: Analysis based on SS16 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

London Road, Vange, Basildon, Essex SS16
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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
£1,889
Based on a loan of £375,000 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.

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