3 Bed Terraced House, Single Let, Hornchurch, RM12 4EY, £450,000

Upper Rainham Road, Hornchurch, RM12 4EY - 6 months ago

BTL
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£250K - £540K
Sold Prices/m²£3.2K/m² - £6.9K/m²

 

 

Square Metres

~93 m²
Price/m²£4.8K/m²

Value Estimate

£470,602

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£26,700

Total Cash In

£139,200

 

 

Cash Out

 

Rent Range

£1,500 - £2,500

Rent Estimate

£1,800

Running Costs/mo

£1,786

Cashflow/mo

£14

Cashflow/yr

£165

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £250K to £540K, average is £425K. £3.2K/m² to £6.9K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£455K12/220.02 mi257, Upper Rainham Road, Hornchurch, Greater London RM12 4EY3
£405K04/210.03 mi137, Laburnum Avenue, Hornchurch, Greater London RM12 4EX3
£410K04/210.05 mi76, Acacia Avenue, Hornchurch, Greater London RM12 4EN3
£440K08/210.1 mi36, Acacia Avenue, Hornchurch, Greater London RM12 4EN3
£388K03/210.1 mi78, Acacia Avenue, Hornchurch, Greater London RM12 4EN3
£370K04/210.11 mi39, Acacia Avenue, Hornchurch, Greater London RM12 4EW3
£384.4K11/200.12 mi131, Laburnum Avenue, Hornchurch, Greater London RM12 4HF3
£355K03/210.12 mi125, Laburnum Avenue, Hornchurch, Greater London RM12 4HF3
£420K06/210.13 mi76, Laburnum Avenue, Hornchurch, Greater London RM12 4HA3
£426K12/200.15 mi4, Chestnut Glen, Hornchurch, Greater London RM12 4HL3
£400K05/230.16 mi20, Laburnum Avenue, Hornchurch, Greater London RM12 4HA3
£465K10/230.16 mi112, Laburnum Avenue, Hornchurch, Greater London RM12 4HA3
£460K06/210.16 mi102, Laburnum Avenue, Hornchurch, Greater London RM12 4HA3
£347K08/230.2 mi37, Laburnum Avenue, Hornchurch, Greater London RM12 4HE3
£525K12/200.22 mi128, Saunton Road, Hornchurch, Greater London RM12 4HB3
£540K10/230.22 mi86, Saunton Road, Hornchurch, Greater London RM12 4HB3
£400K01/210.23 mi50, Chestnut Avenue, Hornchurch, Greater London RM12 4HJ3
£430K08/230.23 mi42, Chestnut Avenue, Hornchurch, Greater London RM12 4HN3
£250K06/210.23 mi8, Chestnut Avenue, Hornchurch, Greater London RM12 4HW3
£468K09/230.23 mi22, Chestnut Avenue, Hornchurch, Greater London RM12 4HN3
£400K12/200.24 mi9, Laburnum Avenue, Hornchurch, Greater London RM12 4HE3
£495K06/210.24 mi123, Saunton Road, Hornchurch, Greater London RM12 4HQ3
£460K10/230.25 mi86, Bancroft Chase, Hornchurch, Greater London RM12 4DR3
£500K01/240.25 mi76a, Chestnut Avenue, Hornchurch, Greater London RM12 4HJ3
£445K10/230.27 mi24, Milton Avenue, Hornchurch, Greater London RM12 4BW3
£409.4K04/230.27 mi18, Milton Avenue, Hornchurch, Greater London RM12 4BW3
£427K06/210.28 mi58, Milton Avenue, Hornchurch, Greater London RM12 4BW3
£476K11/210.31 mi249, Warren Drive, Hornchurch, Greater London RM12 4PL3
£400K08/210.31 mi119, Upper Rainham Road, Hornchurch, Greater London RM12 4EF3
£330K11/200.31 mi107, Upper Rainham Road, Hornchurch, Greater London RM12 4EF3
£425K07/230.31 mi117, Upper Rainham Road, Hornchurch, Greater London RM12 4EF3
£428K07/230.32 mi289, Warren Drive, Hornchurch, Greater London RM12 4PW3
£450K07/230.33 mi29, Tennyson Way, Hornchurch, Greater London RM12 4BU3
£415K09/230.33 mi3, Tennyson Way, Hornchurch, Greater London RM12 4BU3
£320K11/200.34 mi377, Elm Park Avenue, Hornchurch, Greater London RM12 4PE3
£405K11/200.34 mi379, Elm Park Avenue, Hornchurch, Greater London RM12 4PE3
£425K11/230.35 mi109, Eyhurst Avenue, Hornchurch, Greater London RM12 4NN3
£470K09/230.35 mi166, Eyhurst Avenue, Hornchurch, Greater London RM12 4NW3
£475K02/230.35 mi124, Eyhurst Avenue, Hornchurch, Greater London RM12 4NW3
£415K03/240.36 mi43, Woodcote Avenue, Hornchurch, Greater London RM12 4PY3
£435K04/210.36 mi47, Woodcote Avenue, Hornchurch, Greater London RM12 4PY3
£386K06/210.36 mi43, Woodcote Avenue, Hornchurch, Greater London RM12 4PY3
£492K12/220.36 mi35, Gordon Avenue, Hornchurch, Greater London RM12 4EA3
£445K06/230.36 mi7, Broadstone Road, Hornchurch, Greater London RM12 4AH3
£385K07/230.36 mi14, Broadstone Road, Hornchurch, Greater London RM12 4AH3
£470K03/230.36 mi51, Broadstone Road, Hornchurch, Greater London RM12 4AH3
£412K10/200.37 mi106, Eastbrook Drive, Rush Green, Romford, Greater London RM7 0YU3
£310K02/210.37 mi156, Eastbrook Drive, Rush Green, Romford, Greater London RM7 0YU3
£410K12/200.37 mi29, Gordon Avenue, Hornchurch, Greater London RM12 4EA3
£425K02/210.38 mi34, Woodcote Avenue, Hornchurch, Greater London RM12 4PZ3

Local Rents

21 rents from £1.5K/mo to £2.5K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,40003/250.05 mi-3
£2,40012/240.27 mi-3
£2,30003/250.35 mi-3
£2,30004/250.39 mi-3
£2,10012/240.43 mi-3
£2,30003/250.43 mi-3
£2,20004/250.43 mi-3
£2,25008/240.47 miElm Park Avenue, Hornchurch, Essex, Hornchurch, Essex, RM123
£2,00008/240.47 miElm Park3
£2,40007/240.47 mi-3
£1,85008/240.47 miEastbrook Drive, Romford3
£1,86008/240.48 miApollo Close, Hornchurch, RM123
£1,85008/240.51 miMidhurst Close, Hornchurch3
£2,50012/240.53 mi-3
£1,50007/240.55 miThe Broadway, Hornchurch, London, RM123
£2,10007/240.56 mi-3
£2,15003/250.56 mi-3
£1,85004/250.57 mi-3
£2,25002/250.58 mi-3
£2,40007/240.6 mi-3
£1,80008/240.62 miWindermere Avenue, Hornchurch, RM123

Local Area Statistics

Population in RM12

34,603

Population in Hornchurch

65,974

Town centre distance

1.13 miles away

Nearest school

0.40 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Price changed to £450,000

December 20, 2024

Listed for £475,000

October 29, 2024

Sold for £205,000

2012

Sold for £165,000

2007

Floor Plans

Description

  • No Onward Chain +
  • Three Bedrooms +
  • Tenant in situ currently paying £1,800pcm +
  • Extended +
  • Double Garage to Rear +
  • Driveway +
  • 0.8 Miles to Elm Park Station & 1.4 Miles to Romford Station +

ATTENTION INVESTORS! Located 0.8 miles to Elm Park Station is this extended three bedroom family home, currently let for £1,800pcm. Offering a spacious living room, kitchen diner, three bedrooms and bathroom. Externally there is a good sized garden with double garage to the rear and driveway providing parking for two cars. NO ONWARD CHAIN.

Agent Details

Beresfords, at Hornchurch

01708 973553

Next Steps?

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