3 Bed Terraced House, Planning Permission, Hornchurch, RM12 5QD, £400,000

Condor Walk, Hornchurch, RM12 5QD - 2 months ago

Planning
ROI: 1%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£330K - £520K
Sold Prices/m²£3.6K/m² - £6.2K/m²

 

 

Square Metres

~93 m²
Price/m²£4.3K/m²

Value Estimate

£449,858
BMV12%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£31,200

Total Cash In

£131,200

 

 

Cash Out

 

Rent Range

£1,625 - £2,400

Rent Estimate

£1,706

Running Costs/mo

£1,611

Cashflow/mo

£95

Cashflow/yr

£1,138

ROI

1%

Gross Yield

5%

Local Sold Prices

48 sold prices from £330K to £520K, average is £415K. £3.6K/m² to £6.2K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£412.5K07/230 mi7, Condor Walk, Hornchurch, Greater London RM12 5QD3
£415K01/230.04 mi4, Cormorant Walk, Hornchurch, Greater London RM12 5HF3
£360K09/210.07 mi22, Swallow Walk, Hornchurch, Greater London RM12 5QJ3
£430K04/230.07 mi51, Swallow Walk, Hornchurch, Greater London RM12 5QJ3
£390K09/230.08 mi4, Peregrine Walk, Hornchurch, Greater London RM12 5EZ3
£400K02/230.1 mi33, Peregrine Walk, Hornchurch, Greater London RM12 5EY3
£505K08/240.11 mi14, Robinson Close, Hornchurch, Greater London RM12 5AR3
£393K09/230.11 mi16, Peregrine Walk, Hornchurch, Greater London RM12 5EY3
£337.5K11/200.12 mi3, Eagle Close, Hornchurch, Greater London RM12 5LP3
£430K12/220.16 mi84, Mungo Park Road, Rainham, Greater London RM13 7PD3
£418K07/230.16 mi7, Stapleton Crescent, Rainham, Greater London RM13 7HA3
£465K03/230.17 mi35, Manston Way, Hornchurch, Greater London RM12 5PB3
£465K04/230.17 mi32, Manston Way, Hornchurch, Greater London RM12 5PB3
£500K02/230.18 mi27, Dawson Drive, Rainham, Greater London RM13 7ED3
£365K02/210.18 mi6, Bader Way, Rainham, Greater London RM13 7HR3
£380K03/210.18 mi14, Bader Way, Rainham, Greater London RM13 7HR3
£460K12/220.19 mi42, Hayes Drive, Rainham, Greater London RM13 7EL3
£360K05/210.19 mi23, Hayes Drive, Rainham, Greater London RM13 7EL3
£375K12/200.2 mi59, Jersey Road, Rainham, Greater London RM13 7DT3
£390K02/210.2 mi24, Deere Avenue, Rainham, Greater London RM13 7JJ3
£370K11/210.2 mi17, Gillam Way, Rainham, Greater London RM13 7HS3
£350K02/210.2 mi27, Gillam Way, Rainham, Greater London RM13 7HS3
£435K11/230.21 mi18, Manston Way, Hornchurch, Greater London RM12 5PJ3
£420K09/230.22 mi17, Kingaby Gardens, Rainham, Greater London RM13 7PH3
£495K01/210.22 mi9, Cavendish Avenue, Hornchurch, Greater London RM12 5NS3
£350K12/200.23 mi32, Fairlop Close, Hornchurch, Greater London RM12 5PH3
£450K08/230.23 mi7, Fairlop Close, Hornchurch, Greater London RM12 5PH3
£343.5K05/210.24 mi4, Elmer Close, Rainham, Greater London RM13 7BU3
£382K03/210.24 mi17, Elmer Close, Rainham, Greater London RM13 7BU3
£520K08/230.25 mi10, North Weald Close, Hornchurch, Greater London RM12 5AQ3
£500K02/230.25 mi6, Conway Close, Rainham, Greater London RM13 7DS3
£475K05/210.25 mi14, Coltishall Road, Hornchurch, Greater London RM12 6NY3
£360K08/210.25 mi7, Tuck Road, Rainham, Greater London RM13 7HB3
£415K06/210.26 mi12, Bradwell Close, Hornchurch, Greater London RM12 5PR3
£430K09/230.26 mi14, Bradwell Close, Hornchurch, Greater London RM12 5PR3
£410K04/240.26 mi16, Bradwell Close, Hornchurch, Greater London RM12 5PR3
£407K01/230.26 mi25, Bradwell Close, Hornchurch, Greater London RM12 5PR3
£510K03/230.26 mi41, Jersey Road, Rainham, Greater London RM13 7DR3
£455K05/230.26 mi26, Jersey Road, Rainham, Greater London RM13 7DR3
£420K12/220.27 mi36, Tangmere Crescent, Hornchurch, Greater London RM12 5PP3
£430K05/210.28 mi81, Mungo Park Road, Rainham, Greater London RM13 7PL3
£340K04/210.29 mi3, St Matthew's Close, Rainham, Greater London RM13 7DX3
£443K03/210.3 mi35, Coltishall Road, Hornchurch, Greater London RM12 6NY3
£495K02/230.3 mi22, Stansted Close, Hornchurch, Greater London RM12 5PT3
£401K11/200.3 mi5, Stansted Close, Hornchurch, Greater London RM12 5PT3
£420K08/230.3 mi31, Astra Close, Hornchurch, Greater London RM12 5NJ3
£330K12/200.3 mi59, Tuck Road, Rainham, Greater London RM13 7HJ3
£392.5K12/200.31 mi28, Tuck Road, Rainham, Greater London RM13 7HJ3

Local Rents

13 rents from £1.6K/mo to £2.4K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,85007/240.08 miPeregrine Walk, RM123
£2,00007/240.2 miHesselyn Drive, Rainham3
£1,65007/240.31 miTempest Way Rainham Essex3
£1,90008/240.34 miTangmere Crescent | Hornchurch | RM123
£2,20001/250.36 mi-3
£1,80007/240.39 miGrove Park Road, Rainham, Essex, RM133
£1,80007/240.42 miFord Lane, Rainham, Havering, London, RM133
£2,05008/240.51 miRainham Road, Rainham, Havering, London, RM133
£1,62512/240.51 mi-3
£2,20004/250.54 mi-3
£2,00008/240.58 miUllswater Way, Elm Park, HORNCHURCH, Essex, RM123
£2,30008/240.58 miLangdale Gardens, Hornchurch, London, RM123
£2,40012/240.61 mi-3

Local Area Statistics

Population in RM12

34,603

Population in Hornchurch

65,974

Town centre distance

1.74 miles away

Nearest school

0.10 miles away

Nearest train station

0.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £400,000

March 10, 2025

Floor Plans

Description

  • THREE BEDROOMS +
  • END OF TERRACE HOUSE +
  • REAR ACCESS +
  • SPACIOUS FAMILY BATHROOM +
  • CATCHMENT FOR ST ALBANS CATHOLIC SCHOOL +
  • WITHIN WALKING DISTANCE TO HORNCHURCH COUNTRY PARK +
  • VIEWINGS IS A MUST +

Tucked away in a peaceful and sought-after cul-de-sac, Condor Walk is a wonderful 3-bedroom end-of-terrace house, offering a perfect opportunity for first-time buyers looking for a charming home in a great location. This well-presented property offers both comfort and convenience, with a spacious layout and practical features throughout.

The inviting lounge is a great space to relax and unwind, while the well-appointed kitchen/diner provides an ideal setting for family meals and entertaining. The kitchen is fitted with ample workspace, making it a functional and enjoyable space for home cooks.

Outside, the low-maintenance garden is an excellent feature, offering a private retreat for outdoor living without the hassle of excessive upkeep. Additionally, a secure gate at the rear of the property provides easy access to parking, adding an extra layer of convenience.

Upstairs, the three well-proportioned bedrooms offer plenty of space for a growing family or those who need extra room for a home office or guest accommodation. The spacious family bathroom is modern and bright, offering a relaxing environment for everyday use.

The home is perfectly located for easy access to local amenities, schools, parks, and transport links, making it a fantastic choice for families or professionals looking for a balanced lifestyle. This property truly offers the perfect combination of location, space, and practicality.

With so much to offer, viewings are highly recommended to fully appreciate this fantastic property. Don't miss out on the chance to make this wonderful house your new home!

MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. These particulars do not constitute part or all of an offer or contract. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
Potential buyers are advised to recheck the measurements before committing to any expense.
Together Homes has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. Together Homes has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Tenure: Freehold
Council Tax Band: D

We recommend our customers use our panel of Conveyancers/Solicitors. It is your decision whether you choose to deal with our recommendation, and you are under no obligation to do so. You should know that we may receive a referral fee of up to £400 per transaction from them.
Should you arrange a Mortgage through our recommended mortgage advisor, again of which there is no obligation we will receive a commission fee. The amount of commission will depend on the size of the loan and any associated products that you decide to take.
The Consumer Protection from Unfair Trading Regulations 2008 (CPRs).
These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested. Items shown in photographs are NOT necessarily included. Interested Parties are advised to check availability and make an appointment to view before travelling to see a property.

Agent Details

Together Homes, Elm Park

01708 207016

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪