5 Bed Semi-Detached House, Planning Permission, Hornchurch, RM12 4BT, £650,000

Shelley Avenue, Hornchurch, RM12 4BT - 5 views - 4 months ago

Planning
~178 m²
+19 photos

ValuationUndervalued

Sold Prices£330K - £1.1M
Sold Prices/m²£2.9K/m² - £6.2K/m²

 

 

Square Metres

~178.28 m²
Price/m²£3.6K/m²

Value Estimate

£726,564
BMV12%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£40,700

Total Cash In

£203,200

 

 

Cash Out

 

Rent Range

£1,600 - £5,800

Rent Estimate

£1,853

Running Costs/mo

£2,422

Cashflow/mo

£-569

Cashflow/yr

£-6,826

Gross Yield

3%

Local Sold Prices

22 sold prices from £330K to £1.1M, average is £586.3K. £2.9K/m² to £6.2K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£537.5K03/210.09 mi24, Tennyson Way, Hornchurch, Greater London RM12 4BU5
£537.5K03/210.09 mi24, Tennyson Way, Hornchurch, Greater London RM12 4BU5
£535K11/210.18 mi1, Milton Avenue, Hornchurch, Greater London RM12 4BN5
£580K09/220.21 mi51, Albany Road, Hornchurch, Greater London RM12 4AE5
£485K01/210.23 mi11, Chestnut Avenue, Hornchurch, Greater London RM12 4HW5
£525K11/200.26 mi19, Edison Avenue, Hornchurch, Greater London RM12 4DZ5
£595K11/200.43 mi55, Laurel Crescent, Romford, Greater London RM7 0RU5
£640K03/210.44 mi2, Steed Close, Hornchurch, Greater London RM11 1FZ5
£830K03/210.49 mi14, St Leonards Way, Hornchurch, Greater London RM11 1FR5
£800K10/220.49 mi18, Pett Close, Hornchurch, Greater London RM11 1FF5
£592.5K02/210.54 mi19, Lincoln Avenue, Romford, Greater London RM7 0SR5
£600K02/230.57 mi92, Bush Elms Road, Hornchurch, Greater London RM11 1LT5
£563K07/230.62 mi73, Norwood Avenue, Romford, Greater London RM7 0QL5
£485K04/230.63 mi116, Norwood Avenue, Romford, Greater London RM7 0QJ5
£630K01/210.64 mi6, Hyland Close, Hornchurch, Greater London RM11 1DX5
£1.0M05/210.68 mi37, Harrow Drive, Hornchurch, Greater London RM11 1NS5
£750K10/200.79 mi8, Rockingham Avenue, Hornchurch, Greater London RM11 1HH5
£443K08/210.8 mi26, Strood Avenue, Romford, Greater London RM7 0UX5
£1.1M06/210.81 mi105, Harrow Drive, Hornchurch, Greater London RM11 1NT5
£477K01/230.87 mi46, Cowdray Way, Hornchurch, Greater London RM12 4AU5
£330K11/200.87 mi50, Cowdray Way, Hornchurch, Greater London RM12 4AU5
£780K08/231 mi24, Grey Towers Avenue, Hornchurch, Greater London RM11 1JF5

Local Rents

49 rents from £1.6K/mo to £5.8K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,40012/240.15 mi-3
£5,80004/250.2 mi-5
£2,50012/240.2 mi-3
£2,50003/250.24 mi-5
£2,30004/250.24 mi-3
£3,40012/240.27 mi-5
£3,50012/240.27 mi-5
£2,65012/240.27 miBancroft Chase, Hornchurch4
£3,00008/240.27 miEdison Avenue, Hornchurch, Essex, RM125
£3,00008/240.29 miEdison Avenue6
£3,00008/240.29 miEdison Avenue, RM126
£2,10007/240.32 mi-3
£2,10007/240.32 mi-3
£2,50008/240.33 miPapermill House, 363 South Street, Romford, RM13
£2,40003/250.38 mi-3
£3,50007/240.38 miAlbany Road, Hornchurch, RM12 4AB5
£2,50009/240.39 miGorseway, Romford, RM74
£2,40009/240.39 mi-4
£1,86008/240.4 miApollo Close, Hornchurch, RM123
£2,40003/250.4 mi-4
£2,20007/240.4 mi-3
£2,10012/240.4 mi-3
£2,00007/240.41 miHornchurch Road, Hornchurch3
£2,49508/240.41 miHornchurch Road, Hornchurch, Essex, RM123
£3,85008/240.43 miMelton Gardens, Romford, Essex, RM15
£2,40012/240.43 mi-3
£3,85008/240.44 miMelton Gardens, Romford, RM15
£3,85009/240.44 mi-5
£2,50007/240.46 miGorseway, Rush Green, Romford, RM74
£2,65003/250.46 mi-5
£2,05001/250.47 mi-3
£2,05001/250.47 mi-3
£2,45010/240.47 mi-4
£2,40010/240.47 mi-4
£1,75007/240.5 miDouglas Road, Hornchurch, London, RM113
£1,80008/240.5 miDouglas Road, Hornchurch3
£2,30003/250.54 mi-3
£2,20004/250.55 mi-3
£2,30007/240.58 mi-3
£2,00008/240.58 miDouglas Road, Hornchurch, Essex, RM113
£1,95012/240.58 mi-3
£2,30012/240.59 mi-3
£1,60004/250.6 mi-3
£2,00007/240.6 miNorman Road, Hornchurch, Essex, RM113
£3,20012/240.61 mi-4
£3,20008/240.61 miCraigdale Road, Hornchurch, RM114
£2,15003/250.61 mi-3
£2,00008/240.61 miMalvern Road3
£2,00008/240.61 miMalvern Road3

Local Area Statistics

Population in RM12

34,603

Population in Hornchurch

65,974

Town centre distance

1.02 miles away

Nearest school

0.10 miles away

Nearest train station

0.91 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £650,000

December 16, 2024

Sold for £468,000

2021

Floor Plans

Description

  • GUIDE PRICE £650,000 - £675,000 +
  • Off Road Parking +
  • Opportunity For Downstairs Living +
  • Garden +
  • Ground Floor Bathroom +
  • Large Living And Dining Room +
  • Good Sized Kitchen +
  • Five Bedrooms +
  • Luxurious Family Bathroom +
  • Additional Room +

GUIDE PRICE £650,000 - £675,000 - Off Road Parking - Opportunity For Downstairs Living - Garden - Ground Floor Bathroom - Large Living And Dining Room - Good Sized Kitchen - Five Bedrooms - Luxurious Family Bathroom - Additional Room

GUIDE PRICE £650,000 - £675,000

This spacious five bedroom home is ideally located in Hornchurch and could present the opportunity for downstairs living with a ground floor bathroom.

The well kept property benefits from a good sized, well kept kitchen ideal for whipping up your favourite dishes and provides access to the garden. A large through living and dining room provides an ideal space to relax after a long day. Additionally the garage has been converted to become another room complete with the added convenience of a downstairs WC and shower room, with the current owner using it as storage and a utility space.

Across the first floor five bedrooms are complemented by a luxuriously contemporary family bathroom.

Externally the property boasts off road parking to the front whilst the rear benefits from a nice sized garden with patio and lawn areas, perfect for enjoying some fresh air in the warmer months.

Ideally located for local shops, school and amenities, including in Romford and Hornchurch, there are ample green spaces in the surrounding areas. It also benefits from good transport links including Elm Park's District Line and Romford's Overground and Elizabeth Line services providing direct access to London.

Contact Durden & Hunt for a viewing!

Council Tax D Havering

Consumer Protection from Unfair Trading Regulations 2008. Misrepresentations Act 1967. Property Misdescriptions Act 1991.

These details are prepared as a general guide only and should not be relied upon as a basis to enter a legal contract or to commit expenditure. The sales particulars may change in the course of time and any interested party is advised to make a final inspection of the property prior to exchange of contracts or signing of a tenancy agreement. Durden & Hunt have not tested any apparatus, equipment, fixtures and fittings or services. Items shown in photographs are not necessarily included. On occasion photographs may be owner supplied. On most occasions features and facilities of a property are owner advised and potential buyers/tenants are advised to confirm these. Please note that service charge, ground rent and lease lengths are subject to change, and the information we have supplied was true at time of instruction. References to the tenure, lease length, ground rent and service charges for any property are based on information supplied by the seller, buyers are advised to obtain verification of these stated figures from their solicitor before purchasing. Any mention of planning potential or planning permission is based on the current owners opinion, a potential buyer should assume that this is a speculative opinion only and is not based on planning permission being granted or professional advice, unless otherwise stated. Any reference to distance to stations, amenities or schools are taken from portal estimated distances, buyers are advised to do their own research on distances.
Buyers/Tenants must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Durden & Hunt are a proud member of The Property Ombudsmen.

Agent Details

Durden & Hunt, Hornchurch

01708 206998

Next Steps?

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