3 Bed House, Planning Permission, Hornchurch, RM12 5RA, £550,000

Fernbank Avenue, Hornchurch, RM12 5RA - 2 months ago

Planning
~93 m²
+17 photos

ValuationOvervalued

Sold Prices£306K - £584K
Sold Prices/m²£4K/m² - £13.1K/m²

 

 

Square Metres

~93 m²
Price/m²£5.9K/m²

Value Estimate

£500,288

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£46,200

Total Cash In

£183,700

 

 

Cash Out

 

Rent Range

£1,500 - £4,105

Rent Estimate

£1,500

Running Costs/mo

£2,039

Cashflow/mo

£-539

Cashflow/yr

£-6,465

Gross Yield

3%

Local Sold Prices

50 sold prices from £306K to £584K, average is £460K. £4K/m² to £13.1K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£405K07/210.04 mi4, Fernbank Avenue, Hornchurch, Greater London RM12 5RA3
£400K01/230.05 mi1a, Lancaster Drive, Hornchurch, Greater London RM12 5SU3
£438K12/200.06 mi7, Laburnum Walk, Hornchurch, Greater London RM12 5RP3
£536K09/230.12 mi5, Rosebank Avenue, Hornchurch, Greater London RM12 5QX3
£416K07/240.12 mi43, Rosebank Avenue, Hornchurch, Greater London RM12 5QX3
£410K06/210.12 mi17, Laburnum Walk, Hornchurch, Greater London RM12 5RP3
£450K01/240.12 mi21, Laburnum Walk, Elm Park, Hornchurch, Greater London RM12 5RP3
£510K01/230.12 mi37, Laburnum Walk, Elm Park, Hornchurch, Greater London RM12 5RP3
£560K11/210.14 mi84, Randall Drive, Hornchurch, Greater London RM12 6TA3
£490K05/210.14 mi63, Randall Drive, Hornchurch, Greater London RM12 6TA3
£584K12/230.14 mi54, Randall Drive, Hornchurch, Greater London RM12 6TA3
£416.5K01/240.14 mi52, Fernbank Avenue, Hornchurch, Greater London RM12 5RB3
£425K10/230.14 mi24, Laburnum Walk, Elm Park, Hornchurch, Greater London RM12 5RL3
£522K02/230.16 mi60, Lancaster Drive, Hornchurch, Greater London RM12 5ST3
£460K11/230.17 mi12, Tindall Mews, Hornchurch, Greater London RM12 4WW3
£545K06/210.17 mi39, Ilfracombe Crescent, Hornchurch, Greater London RM12 6RQ3
£515K10/230.17 mi58, Ilfracombe Crescent, Hornchurch, Greater London RM12 6RQ3
£390K11/200.21 mi596, South End Road, Hornchurch, Greater London RM12 5UB3
£425K06/230.21 mi560, South End Road, Hornchurch, Greater London RM12 5UB3
£467.5K01/240.21 mi36, Farm Way, Hornchurch, Greater London RM12 5SS3
£390K11/200.21 mi34, Farm Way, Hornchurch, Greater London RM12 5SS3
£550K01/240.22 mi21, Chiltern Gardens, Hornchurch, Greater London RM12 4SQ3
£460K10/230.22 mi517, South End Road, Hornchurch, Greater London RM12 5TX3
£520K01/240.23 mi3, Rye Close, Hornchurch, Greater London RM12 6SE3
£495K06/230.23 mi5, Rye Close, Hornchurch, Greater London RM12 6SE3
£480K10/230.23 mi6, Rye Close, Hornchurch, Greater London RM12 6SE3
£515K04/230.23 mi12, Kent Drive, Hornchurch, Greater London RM12 6TB3
£420K02/210.25 mi108, Swanbourne Drive, Hornchurch, Greater London RM12 6RG3
£400K07/240.25 mi31, Elm Park Avenue, Elm Park, Hornchurch, Greater London RM12 4SP3
£455K03/240.26 mi34, Randall Drive, Hornchurch, Greater London RM12 6SX3
£344K09/210.26 mi102, Chevington Way, Hornchurch, Greater London RM12 6RW3
£470K02/210.26 mi13, Cedar Road, Hornchurch, Greater London RM12 4YL3
£490K02/240.26 mi24, Cedar Road, Hornchurch, Greater London RM12 4YL3
£450K05/230.26 mi18, Cedar Road, Hornchurch, Greater London RM12 4YL3
£475K06/210.26 mi9, Beulah Road, Hornchurch, Greater London RM12 4YR3
£580K08/230.26 mi9, Springbank Avenue, Hornchurch, Greater London RM12 5QT3
£515K08/240.27 mi7, Beulah Road, Hornchurch, Greater London RM12 4YR3
£530K09/230.27 mi11, Beulah Road, Hornchurch, Greater London RM12 4YR3
£395K03/210.27 mi266, Abbs Cross Lane, Hornchurch, Greater London RM12 4YG3
£395K12/200.27 mi262, Abbs Cross Lane, Hornchurch, Greater London RM12 4YG3
£505K09/230.27 mi258, Abbs Cross Lane, Hornchurch, Greater London RM12 4YG3
£580K08/230.29 mi195, Abbs Cross Lane, Hornchurch, Greater London RM12 4YQ3
£306K12/200.29 mi17, Brian Close, Hornchurch, Greater London RM12 4SL3
£480K09/230.29 mi72, Benhurst Avenue, Hornchurch, Greater London RM12 4QT3
£407K06/230.3 mi93, Elm Park Avenue, Elm Park, Hornchurch, Greater London RM12 4SN3
£520K08/230.3 mi8, Christopher Close, Hornchurch, Greater London RM12 6RF3
£363K02/230.31 mi86, Diban Avenue, Hornchurch, Greater London RM12 4YF3
£438K01/210.31 mi35, Benhurst Avenue, Hornchurch, Greater London RM12 4QS3
£410K12/200.31 mi85, Elms Farm Road, Hornchurch, Greater London RM12 5RH3
£460K12/200.31 mi87, Elms Farm Road, Hornchurch, Greater London RM12 5RH3

Local Rents

22 rents from £1.5K/mo to £4.1K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£1,95007/240.12 miLaburnum Walk, Hornchurch, RM123
£1,70007/240.25 miElm Park Avenue, Elm Park, Hornchurch, Essex3
£2,20003/250.35 mi-3
£2,20002/240.36 mi-3
£1,80008/240.37 miSpring Gardens, Hornchurch, London, RM123
£1,80007/240.37 miSuttons Lane Hornchurch3
£2,40007/240.44 miSuttons Avenue, Hornchurch, RM123
£2,40012/240.44 mi-3
£1,79504/250.46 mi-3
£2,40007/240.47 mi-3
£1,50007/240.48 miThe Broadway, Hornchurch, London, RM123
£2,05008/240.5 miBonington Road, London, RM123
£2,00012/240.5 mi-3
£1,50007/240.5 miLambourne Gardens,Hornchurch,RM123
£1,80012/240.51 miHacton Drive, Hornchurch, Essex, RM123
£2,10012/240.51 mi-3
£4,10501/250.56 mi-3
£2,50001/250.56 mi-3
£2,50004/250.56 mi-3
£2,20008/240.58 miWarriner Avenue, Hornchurch3
£1,85008/240.6 miCarnforth Gardens, Hornchurch, London, RM123
£2,25008/240.61 miElm Park Avenue, Hornchurch, Essex, Hornchurch, Essex, RM123

Local Area Statistics

Population in RM12

34,603

Population in Hornchurch

65,974

Town centre distance

0.77 miles away

Nearest school

0.20 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £550,000

March 10, 2025

Floor Plans

Description

  • NO CHAIN +
  • THREE BEDROOMS +
  • EXTENDED TO THE REAR +
  • AMAZING GARDEN +
  • OFF STREET PARKING +
  • JOINIT SIDE ACCESS +
  • VIEWINGS IS A MUST +

Nestled in a desirable location, Fernbank Avenue, Hornchurch offers a wonderful family home with endless potential. This spacious property boasts a breath taking garden one of the largest in the area, providing the perfect space for outdoor entertaining, gardening, or simply relaxing. The garden also benefits from shared side access, ensuring convenience and easy access to and from the house.

With off-street parking at the front, there’s no need to worry about parking space, offering added ease and practicality. Inside, the home is equally impressive with a spacious lounge, perfect for family gatherings or unwinding in comfort.

The heart of the home is the extended kitchen/diner, which has been thoughtfully expanded to the rear, featuring a conservatory that floods the space with natural light, creating a delightful setting for dining or simply enjoying the views of the garden. The property also benefits from two well-appointed bathrooms, offering ample convenience for family living.

Upstairs, you’ll find three good-sized bedrooms, each providing plenty of space for relaxation and personalization. The potential for further development is endless (STPP), giving the next owners the opportunity to make this home their own.

Being sold chain-free, this is a fantastic opportunity not to be missed. Viewings are highly recommended to fully appreciate the size, potential, and charm of this wonderful home.

Contact us today to arrange a viewing and take the first step toward making this fantastic property 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 💪