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Surrey Drive, Hornchurch RM11

London

£450,000

Listed on 20/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1300 sqft

Description

This three-bedroom semi-detached house is presented with no onward chain, making it an appealing choice for first-time buyers or investors looking to make their mark. Set just 0.2 miles from the highly regarded Nelmes Primary School and within easy reach of local amenities, transport links, and shopping, this property offers a solid foundation for renovation. Upon entry, you're welcomed by a functional entrance hall leading into a spacious through lounge that can be customized for both leisure and dining needs. The kitchen, located at the rear, features fitted units and laminate work surfaces, along with direct access to a sizable garden—ideal for future enhancements. The upper floor houses three well-sized bedrooms complemented by a family bathroom recently upgraded with a walk-in shower. Notably, the property boasts a generously sized double gable loft that is partially boarded and holds significant potential for conversion, pending necessary permissions. Outside, you'll find a shared driveway leading to a substantial detached garage equipped with electricity and a newer PVC roof installed about four years ago. Alongside this is an expansive 72' rear garden featuring an additional outbuilding with electricity connectivity—perfect for alternative uses or further development. Overall, this property provides an extraordinary opportunity to invest in a home in a sought-after area while tailoring it to personal tastes and preferences.

Investment Analysis

(RM11 area)

Below Market Value

This property is priced -29.7% below area average per sq ft

-29.7%
Potential saving
This Property
£346/sq ft
Area Average
£492/sq ft
Avg Rent (weekly)
£397
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£703,846
10% above area average per sq ft
Potential ROI
+43.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RM11)

Area prices are stable by -0.9% over the last 12 months
3 year growth: +1.0%
5 year growth: +8.5%
Investment Disclaimer: Analysis based on RM11 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

Surrey Drive, Hornchurch RM11
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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
£1,700
Based on a loan of £337,500 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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