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Chestnut Close, Hockley SS5

East of England

£325,000

Listed on 08/07/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow
Area
832 sqft

Description

This two-bedroom semi-detached residence is situated in a sought-after residential area close to Hockley village, local schools, and the railway station, making it a practical choice for both first-time buyers and those looking to downsize. The property is offered with no onward chain and features well-sized living spaces throughout. A notable highlight is the substantial 70ft rear garden, which presents ample opportunity for landscaping and outdoor entertaining. Inside, the ground floor includes an entrance hall leading to a comfortable lounge and an open-plan living-dining area, providing versatility for family interactions. The kitchen offers sufficient storage and workspace with integrated appliances. The conservatory enhances the living space further by providing lovely views of the garden. Upstairs, there are two generously sized double bedrooms served by a recently modernized shower room. While some modernization is required throughout, this home offers significant potential for enhancement, including the possibility of extensions to both the rear and first floors to increase living space and value.

Investment analysis

(SS5 area)

Below Market Value

This property is priced -1.8% below area average per sq ft

-1.8%
Potential saving
This Property
£391/sq ft
Area Average
£398/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£364,067
10% above area average per sq ft
Potential ROI
+4.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SS5)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -4.1%
5 year growth: +6.6%
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

Chestnut Close, 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
£1,228
Based on a loan of £243,750 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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