2 Bed Flat, Single Let, Benfleet, SS7 4FB, £230,000

Lambeth Court Lambeth Road, Benfleet, SS7 4FB - 4 views - a year ago

Leasehold
BTL
ROI: 3%
~75 m²
+9 photos

ValuationUndervalued

Sold Prices£99K - £410K
Sold Prices/m²£1.6K/m² - £5.6K/m²

 

 

Square Metres

~75.42 m²
Price/m²£3K/m²

Value Estimate

£260,542
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£850 - £1,550

Rent Estimate

£1,100

Running Costs/mo

£959

Cashflow/mo

£141

Cashflow/yr

£1,695

ROI

3%

Gross Yield

6%

Local Sold Prices

51 sold prices from £99K to £410K, average is £210K. £1.6K/m² to £5.6K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£225K09/230.04 miFlat 15, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG2
£235K04/210.1 mi4d, Kennington Avenue, Benfleet, Essex SS7 4BS2
£190K01/210.11 miFlat 18, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£232K07/230.11 miFlat 8, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£145K08/230.11 miFlat 13, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£207.5K12/230.11 miFlat 2, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£230K02/210.18 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£250K07/230.18 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£185K02/230.27 miFlat 41, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG2
£220K08/210.44 mi20, Muirway, Benfleet, Essex SS7 4LS2
£232.5K01/240.67 mi143a, Chesterfield Avenue, Benfleet, Essex SS7 3HW2
£410K06/210.79 mi174, Kimberley Road, Benfleet, Essex SS7 1DR2
£210K10/200.81 mi18b, South View Road, Benfleet, Essex SS7 5NA2
£238.5K08/210.94 mi5b, Clarence Road, Benfleet, Essex SS7 1DE2
£202K05/211 mi18, Merrivale, Benfleet, Essex SS7 5HH2
£235K11/221 mi36, Merrivale, Benfleet, Essex SS7 5HH2
£235K03/211.02 miFlat 13, Richmond Court, Richmond Avenue, Benfleet, Essex SS7 5EY2
£222K11/201.03 mi34, Kenneth Road, Benfleet, Essex SS7 3AT2
£173K11/231.11 mi225a, High Road, Benfleet, Essex SS7 5HZ2
£170K02/241.22 miWillow Lodge, Flat 18, Hart Road, Thundersley, Benfleet, Essex SS7 3PQ2
£208K11/201.32 miFlat 8, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£205K11/211.32 miFlat 14, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£216.5K06/231.32 miFlat 1, Aston Place, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£240K04/241.32 miAston Place, Flat 14, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£180K04/211.35 mi105a, High Road, Benfleet, Essex SS7 5LN2
£212.5K04/211.6 mi28, Crown Avenue, Pitsea, Basildon, Essex SS13 2BE2
£245K08/231.64 mi29, Lenham Way, Pitsea, Basildon, Essex SS13 2NT2
£226K03/241.69 mi107a, High Street, Benfleet, Essex SS7 1ND2
£225K10/201.76 mi12, Robins Path, Benfleet, Essex SS7 1FG2
£110K02/211.8 mi6, Vermont Close, Basildon, Essex SS13 1BH2
£150K06/211.8 mi8, Vermont Close, Basildon, Essex SS13 1BH2
£210K11/231.8 mi32, Vermont Close, Basildon, Essex SS13 1BH2
£110K04/211.83 mi2, Riffams Drive, Basildon, Essex SS13 1BG2
£176.3K01/231.83 mi5, Riffams Drive, Basildon, Essex SS13 1BG2
£250K09/221.84 mi4, Riffams Drive, Basildon, Essex SS13 1BG2
£192.5K11/201.84 mi4, Riffams Drive, Basildon, Essex SS13 1BG2
£210K11/221.85 mi32, Brackendale Court, Basildon, Essex SS13 3JR2
£99K06/211.89 mi60, Fairfax Avenue, Basildon, Essex SS13 1AZ2
£162.5K07/231.89 mi22, Fairfax Avenue, Basildon, Essex SS13 1AZ2
£162.5K07/231.89 mi22, Fairfax Avenue, Basildon, Essex SS13 1AZ2
£118K12/221.91 mi87, Fairfax Avenue, Basildon, Essex SS13 1AY2
£250K09/231.91 mi25, Fairfax Avenue, Basildon, Essex SS13 1AY2
£228K05/211.91 mi7, Charleston Avenue, Basildon, Essex SS13 1TD2
£247.8K09/231.91 mi7, Charleston Avenue, Basildon, Essex SS13 1TD2
£210K11/201.92 mi35, Shirley Gardens, Basildon, Essex SS13 1BA2
£105K03/211.92 mi37, Shirley Gardens, Basildon, Essex SS13 1BA2
£226.5K06/231.92 mi38, Shirley Gardens, Basildon, Essex SS13 1BA2
£310K03/231.94 mi20, Charleston Avenue, Basildon, Essex SS13 1JH2
£186K10/201.95 mi6, Charleston Avenue, Basildon, Essex SS13 1JH2
£190K02/211.96 mi7, Calvert Drive, Basildon, Essex SS13 1TB2
£195K06/231.96 mi27, Calvert Drive, Basildon, Essex SS13 1TB2

Local Rents

20 rents from £850/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25012/240 mi-2
£1,25012/240 mi-2
£1,25009/240.05 mi-2
£1,25006/240.05 mi-2
£87505/240.11 mi-2
£1,10007/230.15 mi-2
£1,10006/230.15 mi-2
£1,30009/240.15 mi-2
£1,35009/240.15 mi-2
£1,20004/240.15 mi-2
£1,40005/230.16 mi-2
£1,50012/240.16 mi-2
£1,50012/240.16 mi-2
£1,10009/240.18 miLondon Road, Benfleet, SS72
£1,50001/240.25 mi-2
£1,50002/240.25 mi-2
£1,55001/250.25 mi-2
£1,55003/250.25 mi-2
£1,40012/230.31 mi-2
£85009/240.45 miManor Court, Benfleet2

Local Area Statistics

Population in SS7

49,121

Town centre distance

1.41 miles away

Nearest school

0.30 miles away

Nearest train station

1.68 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £230,000

December 21, 2023

Floor Plans

Description

  • Two Bedroom Apartment +
  • Second Floor +
  • Balcony +
  • En-suite To Master Bedroom +
  • Open Plan Living +
  • Perfect For Investors Or First Time Buyers +
  • Close To Main Roads And Bus Routes +
  • Tarpots Centre Location +
  • Allocated Parking Bay +
  • Tax Band C +

Welcome to Lambeth Court, located on Lambeth Road in the desirable area of Benfleet. This stylish apartment offers a comfortable and convenient lifestyle for its new owners.
With 2 bedrooms and 2 bathrooms, this apartment is perfect for a small family or professionals looking for a spacious living space. The open parking space ensures that you will always have a place to park your vehicle.
Built in 2009, this apartment boasts contemporary architecture and design. The balcony provides a lovely outdoor space to relax and enjoy the views of the area. Inside, the apartment features a well-designed floor plan. The kitchen is equipped with modern appliances and ample storage space.

Situated in a prime location, this property is surrounded by a vibrant neighbourhood with plenty of amenities such as shops, restaurants, and parks. The nearby road connections provide easy access to the city and other major areas.

The guide price for this property is £230,000, offering excellent value for money for a property of this calibre. Don't miss the opportunity to own this urban retreat in the heart of Benfleet.
Contact us now to arrange a viewing and make this stunning apartment your new home.
 
Hallway18'6 x 3'9 (5.66m x 1.15m)
Kitchen/Living Area14'17 x 18'6 (4.45m x 5.65m)
Bedroom One13'9 x 18'0 (4.21m x 5.50m)
En-Suite3'10 x 8'8 (1.17m x 2.66m)
Bathroom7'2 x 8'4 (2.19m x 2.55m)
Bedroom Two11'0 x 9'5 (3.37m x 2.88m)
Balcony8'2 x 4'1 (2.49m x 1.25m)
 
Supplied byMains ElectricityMains Drainage

Agent Details

Fisks Ltd, Benfleet

01268 203388

Next Steps?

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