Laburnum Drive, Corringham SS17
East of England
£385,000
Listed on 02/09/2026
Listed on 02/09/2026
The listing
Property details
Bedrooms
4Type
TerracedArea
1044 sqftFeatures
- Garden
- Parking
Description
This four-bedroom terraced house in Old Corringham has a lounge/diner with a feature fireplace, a fitted kitchen, a utility area and a ground-floor WC. Upstairs are four bedrooms and a family bathroom with a shower. The bathroom is described as needing modernisation, while the listing states that the property has gas central heating and double glazing.
Outside, a block-paved driveway provides off-street parking for four cars, with side access to the rear garden. Local amenities, schools and transport links are within reach. The accommodation offers scope to update the bathroom and make other improvements to suit a buyer’s requirements.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
59out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This is a usable four-bedroom family home with a maintained garden and unusually generous driveway parking for up to four cars. The asking price is about 6% below the local average per square foot, which is a positive starting point, though the overall opportunity remains weak: the estimated all-in purchase and renovation midpoint is close to the implied local average value, leaving only a modest margin before fees and other costs.
The dated décor, flooring and bathroom finishes offer a straightforward canvas for modernisation, with renovation estimated at £9,000–£18,000. The fundamentals score well, but the limited margin and average location score temper the appeal.
Key opportunities
- Refresh the strong-coloured décor and older floor coverings to give the lounge/diner and bedrooms a more current feel.
- Modernise the dated bathroom suite and finishes as part of a relatively light renovation project.
- Make the most of the established garden, side access and driveway parking for up to four cars.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,454
Based on a loan of £288,750 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-3.8% since listed
£385,000£15,000(-3.8%)
07/10/2026£400,000Initial listing
05/09/2026Services
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