4 Bed Terraced House, Planning Permission, Hornchurch, RM12 4AR, £585,000

Babington Road, Hornchurch, RM12 4AR - a month ago

Planning
~129 m²
+12 photos

ValuationUndervalued

Sold Prices£395K - £975K
Sold Prices/m²£3.2K/m² - £13.8K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.5K/m²

Value Estimate

£602,550
BMV3%

 

 

End Value (After Refurb)

£620,719

Uplift in Value

+6%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£146,250

Stamp Duty & Legal Fees

£49,700

Refurb Costs

£65,046

Bridging Loan Interest

£15,356

Total Cash In

£278,102

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£620,719

Mortgage (After Refinance)

£465,539

Mortgage LTV

75%

Cash Released

£26,789

Cash Left In

£251,313

Equity

£155,180

Rent Range

£1,750 - £5,800

Rent Estimate

£2,493

Running Costs/mo

£2,458

Cashflow/mo

£35

Cashflow/yr

£416

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £395K to £975K, average is £572.5K. £3.2K/m² to £13.8K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£690K08/220.07 mi32, Candover Road, Hornchurch, Greater London RM12 4TZ4
£685K04/210.09 mi55, Candover Road, Hornchurch, Greater London RM12 4TY4
£640K05/210.12 mi7, Forbes Close, Hornchurch, Greater London RM11 1FD4
£775K01/230.18 mi18, Guardian Close, Hornchurch, Greater London RM11 1FT4
£585K04/210.18 mi29, Guardian Close, Hornchurch, Greater London RM11 1FT4
£490K02/210.19 mi86, Northdown Road, Hornchurch, Greater London RM11 1NE4
£645K02/230.19 mi42, Hyland Close, Hornchurch, Greater London RM11 1DX4
£580K06/210.19 mi23, Albany Road, Hornchurch, Greater London RM12 4AE4
£765K03/230.21 mi28, The Mall, Hornchurch, Greater London RM11 1FS4
£575K04/210.21 mi14, Hyland Close, Hornchurch, Greater London RM11 1DX4
£645K02/210.21 mi78, Albany Road, Hornchurch, Greater London RM12 4AF4
£560K06/230.23 mi31, Cheviot Road, Hornchurch, Greater London RM11 1LP4
£600K06/210.23 mi29, Hyland Way, Hornchurch, Greater London RM11 1DN4
£540K03/210.24 mi53, Hyland Way, Hornchurch, Greater London RM11 1DN4
£675K01/240.27 mi77, Albany Road, Hornchurch, Greater London RM12 4AG4
£437.5K11/200.28 mi110, Hornchurch Road, Hornchurch, Greater London RM11 1DL4
£780K02/210.29 mi7, Harrow Drive, Hornchurch, Greater London RM11 1NS4
£800K07/230.29 mi10, Harrow Drive, Hornchurch, Greater London RM11 1NU4
£507K04/230.3 mi67, Norman Road, Hornchurch, Greater London RM11 1LW4
£505K06/210.33 mi10, Saunton Road, Hornchurch, Greater London RM12 4HG4
£490K12/200.33 mi1, Saunton Road, Hornchurch, Greater London RM12 4HG4
£550K06/210.33 mi30, Saunton Road, Hornchurch, Greater London RM12 4HG4
£553.5K03/230.33 mi21, Saunton Road, Hornchurch, Greater London RM12 4HG4
£775K05/210.33 mi1, Elmhurst Drive, Hornchurch, Greater London RM11 1NY4
£535K04/210.35 mi119, Park Lane, Hornchurch, Greater London RM11 1EQ4
£502K05/210.35 mi127, Park Lane, Hornchurch, Greater London RM11 1EQ4
£495K06/210.35 mi100, Bush Elms Road, Hornchurch, Greater London RM11 1LT4
£750K12/200.35 mi49, Harrow Drive, Hornchurch, Greater London RM11 1NS4
£565K09/210.37 mi8, Bush Elms Road, Hornchurch, Greater London RM11 1LS4
£470K11/200.37 mi95, Bush Elms Road, Hornchurch, Greater London RM11 1LU4
£590K12/200.37 mi51, Grosvenor Drive, Hornchurch, Greater London RM11 1PH4
£395K02/210.38 mi72, Hornchurch Road, Hornchurch, Greater London RM11 1JR4
£615K02/210.38 mi9, Broadstone Road, Hornchurch, Greater London RM12 4AH4
£615K06/240.41 mi33, Strathmore Gardens, Hornchurch, Greater London RM12 4BG4
£470K01/240.41 mi7, Strathmore Gardens, Hornchurch, Greater London RM12 4BG4
£500K06/210.42 mi41, Hayburn Way, Hornchurch, Greater London RM12 4BH4
£485K08/230.42 mi5, Tennyson Way, Hornchurch, Greater London RM12 4BU4
£561.5K02/240.42 mi25, Tennyson Way, Hornchurch, Greater London RM12 4BU4
£539K07/230.43 mi73, Hillcrest Road, Hornchurch, Greater London RM11 1EF4
£570K04/210.43 mi7, Hillcrest Road, Hornchurch, Greater London RM11 1EF4
£560K12/200.43 mi25, Hillcrest Road, Hornchurch, Greater London RM11 1EF4
£630K04/230.43 mi34, Hartland Road, Hornchurch, Greater London RM12 4AD4
£550K12/200.44 mi40, Shelley Avenue, Hornchurch, Greater London RM12 4BT4
£960K01/210.44 mi87, Harrow Drive, Hornchurch, Greater London RM11 1NT4
£550K08/210.44 mi20, Shelley Avenue, Hornchurch, Greater London RM12 4BT4
£710K12/230.45 mi121, Saunton Road, Hornchurch, Greater London RM12 4HQ4
£975K04/210.45 mi80, Harrow Drive, Hornchurch, Greater London RM11 1NX4
£550K04/210.46 mi162, Albany Road, Hornchurch, Greater London RM12 4AB4
£620.5K04/230.47 mi132, Saunton Road, Hornchurch, Greater London RM12 4HB4
£813K03/210.48 mi38, Rockingham Avenue, Hornchurch, Greater London RM11 1HH4

Local Rents

37 rents from £1.8K/mo to £5.8K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,49508/240.02 miHornchurch Road, Hornchurch, Essex, RM123
£2,40012/240.08 mi-3
£2,10007/240.1 mi-3
£2,10007/240.1 mi-3
£2,00007/240.11 miHornchurch Road, Hornchurch3
£2,20007/240.16 mi-3
£2,10012/240.16 mi-3
£2,50003/250.22 mi-5
£3,50008/240.26 miBridgefields Close, Hornchurch6
£2,40002/250.26 mi-4
£1,86008/240.27 miApollo Close, Hornchurch, RM123
£2,30004/250.3 mi-3
£2,00007/240.32 miNorman Road, Hornchurch, Essex, RM113
£2,00007/240.36 miBush Elms Road, Hornchurch, RM113
£5,80004/250.36 mi-5
£2,50002/240.4 mi-4
£2,10007/240.43 miLyndhurst Drive, Hornchurch, RM113
£2,30012/240.44 mi-3
£3,50007/240.46 miAlbany Road, Hornchurch, RM12 4AB5
£2,30007/240.47 mi-3
£2,40012/240.48 mi-3
£1,75007/240.52 miDouglas Road, Hornchurch, London, RM113
£1,80008/240.52 miDouglas Road, Hornchurch3
£2,00007/240.54 miMalvern Road, Hornchurch, London, RM113
£2,00008/240.54 miMalvern Road3
£2,00008/240.54 miMalvern Road3
£2,20012/240.56 miMalvern Road, Hornchurch3
£2,05001/250.56 mi-3
£2,05001/250.56 mi-3
£2,50012/240.57 mi-3
£3,85008/240.57 miMelton Gardens, Romford, RM15
£3,85009/240.57 mi-5
£2,50008/240.58 miPapermill House, 363 South Street, Romford, RM13
£3,85008/240.59 miMelton Gardens, Romford, Essex, RM15
£2,40012/240.59 mi-4
£2,20008/240.61 mi-3
£2,00008/240.61 miDouglas Road, Hornchurch, Essex, RM113

Local Area Statistics

Population in RM12

34,603

Population in Hornchurch

65,974

Town centre distance

0.64 miles away

Nearest school

0.20 miles away

Nearest train station

0.94 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £585,000

March 28, 2025

Floor Plans

Description

Delighted to offer this charming 4 bedroom with loft conversion and rear extension semi-detached house with attached garage offering potential to extend further subject to planning permission.
The home offers to the ground floor a rear extension, kitchen breakfast room with doors leading out to the side and rear garden. There is a spacious through lounge which has doors out to the breakfast room.
To the first floor there are 3 bedrooms and a 3 piece family bathroom, from the landing stairs lead to the loft conversion offering a double bedroom and storage. The front of the property there is a modern driveway giving parking and access to the garage and a mature pretty garden with a gorgeous blosoom tree.
To the rear of the property there is access to the garage and an outside wc. A patio area, lawn and mature shrubs and trees with fenced borders. This has been a loved family home for many years and may require some updating, The seller is moving with no ongoing chain. The property has gas central heating and double glazing.

Agent Details

Bairstow Eves, Hornchurch

01708 204792

Next Steps?

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