# 2 bedroom terraced house for sale (RM15 6RE) ## Property Details | Key | Value | |-----|-------| | Address | 13 REDWOOD CHASE, SOUTH OCKENDON, THURROCK RM15 6RE | | Price | £350,000 | | Bedrooms | 2 | | Last sold | £340,000 Feb 2025 | ## Description Guide Price £350,000 - £360,000 Location, Location, Location ….. A recently decorated two bedroom staggered terraced house with a detached garage, off street parking and a garden that measures approximately 62ft in depth. This vacant property is nestled in a prime cul de sac location in the frequently requested Brandon Groves development. The internal accommodation comprises of an entrance hallway, living room, separate dining area with an archway through to a fitted kitchen with a range of matching base level and wall mounted units. Upstairs boasts of the fitted bathroom suite, two bedrooms with fitted wardrobes to the master bedroom. Additionally the property benefits from upvc double glazed windows, gas central heating and offered for sale with no onward chain. The rear garden measures approx. 62ft in depth which is mainly laid to lawn with a patio area and a timber shed. Accommodation Comprises:- GROUND FLOOR Entrance Hallway Radiator, stairs leading up to the first floor landing Living Room 14'4 (4.37) x 9'8 (2.95) Double glazed window to front, radiator, under stairs storage cupboard Dining Area 9'8 (2.95) x 6'9 (2.06) Double doors to rear garden, radiator, archway to kitchen Kitchen 9'8 (2.95) x 5'11 (1.80) Double glazed window to rear, stainless steel sink and drainer with mixer taps over, roll edge worksurface, gas hob, electric oven, extractor hood, a range of matching base level and wall mounted units, tiled splashbacks FIRST FLOOR Landing Stairs down to the ground floor hallway, loft access Bedroom One 11'4 (3.45) x10'5 (3.18)(max) Double glazed window to front, radiator, airing cupboard, fitted wardrobe Bedroom Two 12'9 (3.89) x 6'7 (2.01)(max) Double glazed window to rear, radiator Bathroom/wc Obscure double glazed window to rear, panelled bath with wall mounted shower over, low flush wc, wash hand basin, tiled splashbacks, extractor fan, radiator EXTERIOR Frontage Open plan design Garage Located opposite the house, up and over door, power and lighting Parking Allocated parking space to the side of the garage Rear Garden Approximately 62ft in depth, patio area, timber shed, shrubs, remainder laid to lawn GENERAL INFORMATION The below information has been supplied by the Vendor and we recommend that this be checked by your Solicitor before entering into any purchase commitment VIRTUAL TOUR Owen Lyons virtual tour of this property can be provided on request. Please contact the office for further information. COUNCIL TAX BAND C, 2024/25 Approx. £1,813.92 Per Annum Tenure Freehold VIEWING By appointment via Owen Lyons Estate Agents, Tel: . MORTGAGE ADVICE Owen Lyons introduces to Susan Bray of SJB Financial Ltd, Susan will see you in her office or visit you after work at your home, ask our agent for Susan's details AGENTS NOTE 1. We have been advised by the Vendor that all the heating equipment and appliances mentioned within these particulars were functional at the time of our inspection. However, due to Owen Lyons Estate Agents not being professionally qualified in this field, we would recommend that they are thoroughly tested by a specialist (i.e. Gas Safe registered) before entering into any purchase commitment. 2. Although our vendor/s has advised us that all fixtures, fittings and chattels mentioned within these details will remain, we strongly recommend verification by a solicitor before entering into any purchase commitment. 3. Floorplans-where included may not be to scale and accuracy is not guaranteed. 4. Photographs are taken using a 10-22mm Wide angled lens 5. Property title Plan Disclaimer: This plan is provided by we endeavour to make our particulars as accurate as possible but as this has been provided by a third party we recommend that you verify via your solicitor 6. Referral Fees - Please note a referral fee of up to £180.00 including VAT per transaction will be received from any referred solicitor upon completion. If Owen Lyons have introduced Susan Bray of SJB Financial Ltd an introducer fee of 30% of the net initial commissions received by the Advisor from any life office, mortgage lender or client for business transacted on behalf of the introduced customer. The Introducer's remuneration becomes due upon receipt of cleared funds by the Advisor. ADDITIONAL NOTES Draft details Awaiting Vendors Approval ## Property Photos - ![Photo](/listings/photos/152798132/550096) - ![Photo](/listings/photos/152798132/550097) - ![Photo](/listings/photos/152798132/550098) - ![Photo](/listings/photos/152798132/550099) - ![Photo](/listings/photos/152798132/550100) - ![Photo](/listings/photos/152798132/550101) - ![Photo](/listings/photos/152798132/550102) - ![Photo](/listings/photos/152798132/550103) - ![Photo](/listings/photos/152798132/550104) - ![Photo](/listings/photos/152798132/550105) ## Floorplans - ![Floorplan 1](/listings/photos/152798132/550106) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/152798132/550107) - EPC 1 ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #10447513 - **Address:** 13 Redwood Chase, SOUTH OCKENDON, RM15 6RE - **Certificate Issued:** 04/08/2014 - **Work Completed:** 30/06/2014 - **Items:** 5 window(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 13 REDWOOD CHASE, SOUTH OCKENDON, THURROCK, RM15 6RE | £340,000 | 24/02/2025 | Terraced | | 13 REDWOOD CHASE, SOUTH OCKENDON, THURROCK, RM15 6RE | £96,500 | 15/12/2000 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 17 LIME CLOSE, SOUTH OCKENDON, THURROCK, RM15 6NN | £320,000 | 03/12/2025 | Terraced | | 10 QUINCE TREE CLOSE, SOUTH OCKENDON, THURROCK, RM15 6NL | £240,000 | 18/12/2023 | Terraced | | 21 MAYFLOWER CLOSE, SOUTH OCKENDON, THURROCK, RM15 6HZ | £280,000 | 03/11/2023 | Terraced | | 57B SOUTH ROAD, SOUTH OCKENDON, THURROCK, RM15 6NS | £375,000 | 07/09/2023 | Terraced | | 117B SOUTH ROAD, SOUTH OCKENDON, THURROCK, RM15 6NP | £366,000 | 19/05/2023 | Terraced | | 23 LIME CLOSE, SOUTH OCKENDON, THURROCK, RM15 6NN | £330,000 | 30/11/2022 | Terraced | | 59 MAYFLOWER CLOSE, SOUTH OCKENDON, THURROCK, RM15 6HZ | £290,000 | 30/09/2022 | Terraced | | 15 CEDAR RISE, SOUTH OCKENDON, THURROCK, RM15 6RB | £367,500 | 29/09/2022 | Terraced | | 76 MAYFLOWER CLOSE, SOUTH OCKENDON, THURROCK, RM15 6HY | £330,000 | 23/09/2022 | Terraced | | 9 QUINCE TREE CLOSE, SOUTH OCKENDON, THURROCK, RM15 6NL | £335,000 | 02/09/2022 | Terraced | | 55 LIME CLOSE, SOUTH OCKENDON, THURROCK, RM15 6NN | £300,000 | 31/08/2022 | Terraced | | 78 VIOLA CLOSE, SOUTH OCKENDON, THURROCK, RM15 6JE | £150,000 | 21/07/2022 | Terraced | | 63 MOLLANDS LANE, SOUTH OCKENDON, THURROCK, RM15 6DH | £300,000 | 16/05/2022 | Terraced | | 8 CELANDINE CLOSE, SOUTH OCKENDON, THURROCK, RM15 6JA | £287,000 | 03/05/2022 | Terraced | | 50 MAYFLOWER CLOSE, SOUTH OCKENDON, THURROCK, RM15 6HY | £250,000 | 03/05/2022 | Terraced | | 123B SOUTH ROAD, SOUTH OCKENDON, THURROCK, RM15 6NP | £405,000 | 20/01/2022 | Terraced | | [Same street] 17 REDWOOD CHASE, SOUTH OCKENDON, THURROCK, RM15 6RE | £337,500 | 10/01/2022 | Terraced | | 53 MAYFLOWER CLOSE, SOUTH OCKENDON, THURROCK, RM15 6HZ | £265,000 | 20/12/2021 | Terraced | | 1 MAR ROAD, SOUTH OCKENDON, THURROCK, RM15 6QT | £236,160 | 16/12/2021 | Terraced | | [Same street] 1 REDWOOD CHASE, SOUTH OCKENDON, THURROCK, RM15 6RE | £336,000 | 02/12/2021 | Terraced | | 140 SOUTH ROAD, SOUTH OCKENDON, THURROCK, RM15 6DA | £370,000 | 05/11/2021 | Terraced | | 125A SOUTH ROAD, SOUTH OCKENDON, THURROCK, RM15 6NP | £357,500 | 02/11/2021 | Terraced | | [Same street] 10 REDWOOD CHASE, SOUTH OCKENDON, THURROCK, RM15 6RE | £300,000 | 13/07/2021 | Terraced | **Street average:** £324,500 (3 sales) **Area average:** £307,708 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £350,500 (27 Terraced, RM15, 2024–2026) - **Deviation:** -0.1% ## Rental Range *ONS Price Index of Private Rents (Thurrock). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,220/mo - **Realistic:** £1,355/mo - **Optimistic:** £1,491/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Harlow & Stortford (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,022/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Flat, Falcon Avenue, RM15 | £1,500/mo | 2 | 0.37 miles | OpenRent | | 2 Bed Flat, Torino Way, RM15 | £1,550/mo | 2 | 0.4 miles | OpenRent | | 2 Bed Flat, Windstar Drive, RM15 | £1,695/mo | 2 | 0.42 miles | OpenRent | **Average rent: £1,582/mo (3 listings)** ## 1% Rule - **Rent ratio:** 0.44% (weak for cashflow) - **Max investor price (0.8%):** £193,750 - **Target investor price (1%):** £155,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,550/mo).* - **Gross yield:** 5.3% - **Cost-to-rent:** 18.8× - **Monthly cashflow:** £-8/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -0.1% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 21.8% - **10y growth:** 26.5% ## House Price Index (HM Land Registry) *Official index for Thurrock; Terraced series; as of March 2026.* - **1y growth (index):** 0.7% - **5y growth (index):** 15.1% - **10y growth (index):** 41.3% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)