3 Bed Detached House, Single Let, Benfleet, SS7 3YL, £350,000

42 Drake Close, Benfleet, Essex, SS7 3YL - 4 views - a year ago

Sold STC
BTL
~105 m²
+13 photos

ValuationUndervalued

Sold Prices£265K - £530K
Sold Prices/m²£2.7K/m² - £7.9K/m²

 

 

Square Metres

~105 m²
Price/m²£3.3K/m²

Value Estimate

£433,743
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,350 - £1,900

Rent Estimate

£850

Running Costs/mo

£1,284

Cashflow/mo

£-434

Cashflow/yr

£-5,205

Gross Yield

3%

Local Sold Prices

50 sold prices from £265K to £530K, average is £366.5K. £2.7K/m² to £7.9K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£290K04/210.04 mi42, Drake Close, Benfleet, Essex SS7 3YL3
£350K08/230.05 mi41, Woodburn Close, Benfleet, Essex SS7 3XS3
£420.5K02/230.08 mi27, Cranbrook Avenue, Benfleet, Essex SS7 3YX3
£327K04/230.11 mi62, Queensmere, Benfleet, Essex SS7 3XR3
£360K09/230.11 mi60, Queensmere, Benfleet, Essex SS7 3XR3
£370.6K12/200.12 mi189, Rayleigh Road, Benfleet, Essex SS7 3XW3
£390K09/210.12 mi14, Cranbrook Avenue, Benfleet, Essex SS7 3YX3
£325K06/210.13 mi19, Pendlestone, Benfleet, Essex SS7 1RT3
£348K10/210.14 mi6, Prittle Close, Benfleet, Essex SS7 3YR3
£332.5K06/210.14 mi54, Prittle Close, Benfleet, Essex SS7 3YR3
£315K09/210.14 mi97, Rayleigh Road, Benfleet, Essex SS7 3YH3
£350K08/230.14 mi107, Rayleigh Road, Thundersley, Benfleet, Essex SS7 3YH3
£330.8K08/220.17 mi6, Carlton Drive, Thundersley, Benfleet, Essex SS7 3YQ3
£320K11/210.17 mi33, Carlton Drive, Thundersley, Benfleet, Essex SS7 3YQ3
£435K03/210.2 mi16, Kingston Road, Benfleet, Essex SS7 1DW3
£378K05/210.2 mi6, Kingston Road, Benfleet, Essex SS7 1DW3
£369.5K07/210.22 mi17, Kingston Road, Benfleet, Essex SS7 1FB3
£270K02/210.23 mi281, Kiln Road, Benfleet, Essex SS7 1QS3
£265K12/200.23 mi285, Kiln Road, Benfleet, Essex SS7 1QS3
£525K07/230.23 mi52, Rayleigh Road, Thundersley, Benfleet, Essex SS7 3YB3
£530K10/230.26 mi21, Highfield Avenue, Benfleet, Essex SS7 1RY3
£345K03/210.32 mi12, Nicholson Crescent, Benfleet, Essex SS7 1RN3
£372K05/230.32 mi8, Nicholson Crescent, Benfleet, Essex SS7 1RN3
£297K10/200.32 mi40, Nicholson Crescent, Benfleet, Essex SS7 1RN3
£325K06/230.32 mi32, Nicholson Crescent, Benfleet, Essex SS7 1RN3
£368K10/230.32 mi40, Nicholson Crescent, Benfleet, Essex SS7 1RN3
£445K04/210.34 mi24, Beresford Gardens, Benfleet, Essex SS7 2SA3
£400K02/210.35 mi2, Malyon Court Close, Benfleet, Essex SS7 1TX3
£445K01/210.36 mi42, Hadleigh Park Avenue, Benfleet, Essex SS7 1SA3
£315K03/210.37 mi47, Nicholson Road, Benfleet, Essex SS7 1RL3
£512.5K01/230.38 mi9, Hedge Lane, Benfleet, Essex SS7 2SQ3
£350K03/230.38 mi6, Hedge Lane, Benfleet, Essex SS7 2SQ3
£355K06/230.38 mi66, Nicholson Road, Benfleet, Essex SS7 1RJ3
£465K03/230.4 mi50, The Malyons, Benfleet, Essex SS7 1TU3
£440K03/230.43 mi18, Warren Chase, Benfleet, Essex SS7 3DZ3
£365K11/200.44 mi18, Warren Chase, Benfleet, Essex SS7 3DZ3
£407K12/230.44 mi333, Rayleigh Road, Thundersley, Benfleet, Essex SS7 3XA3
£475K03/230.44 mi9, Badger Hall Avenue, Thundersley, Benfleet, Essex SS7 1TL3
£298K12/200.45 mi17, Kingshawes, Benfleet, Essex SS7 3UN3
£360K06/210.45 mi25, Kingshawes, Benfleet, Essex SS7 3UN3
£373K04/210.45 mi6, Napier Gardens, Benfleet, Essex SS7 3UZ3
£362K03/210.46 mi45, Hall Crescent, Benfleet, Essex SS7 2QW3
£345K03/210.48 mi9, Kingshawes, Benfleet, Essex SS7 3UN3
£380K07/230.49 mi58, Broomfield, Benfleet, Essex SS7 2SW3
£395K09/210.49 mi26, Hall Crescent, Benfleet, Essex SS7 2QW3
£315K03/230.49 mi21, Springfield, Benfleet, Essex SS7 2SS3
£455K03/230.49 mi23, Springfield, Benfleet, Essex SS7 2SS3
£520K03/210.5 mi8, St Marks Road, Benfleet, Essex SS7 2PY3
£408K01/210.51 mi19, Hermitage Avenue, Benfleet, Essex SS7 1TQ3
£425K09/210.51 mi1, The Gill, Benfleet, Essex SS7 2SN3

Local Rents

12 rents from £1.4K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,55009/240.16 miPendlestone, Benfleet3
£1,45009/240.16 miPendlestone, Thundersley, Essex3
£1,80009/240.28 miKiln Road, Benfleet3
£1,70012/240.46 mi-3
£1,55009/240.49 miSpringfield, Benfleet3
£1,50011/240.61 mi-3
£1,70009/240.66 miNew Road, Benfleet3
£1,35006/230.75 mi-3
£1,35006/230.75 mi-3
£1,67509/240.76 miDorothy Gardens, Benfleet3
£1,90009/240.96 mi-3
£1,50009/241.14 miWeir Farm Road, Rayleigh, Essex, SS63

Local Area Statistics

Population in SS7

49,121

Town centre distance

0.56 miles away

Nearest school

0.40 miles away

Nearest train station

1.86 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £350,000

March 29, 2024

Sold for £290,000

2021

Sold for £239,995

2015

Sold for £161,000

2005

Floor Plans

Description

  • Well Presented Three Bedroom Family Home +
  • Situated In A Quiet Cul De Sac +
  • Large Lounge 17'5 x 12'3 max +
  • Luxury Kitchen Open Plan To Conservatory/Sun Lounge +
  • Low Maintenance West Backing Rear Garden +
  • Its Very Own Detached Garage +
  • Burglar Alarm & UPVC Double Glazing Throughout +
  • Gas Central Heating Via Combi Condensing Boiler Installed In Approximately 2017 +
  • Close Proximity Of Hadleigh Town Centre, Thundersley Village, Local Woodland & Virgin Lifestyle Gym +
  • Easy Access Of Local Bus Routes, A13 & A127 Trunk Roads +

Aspire Estate Agents proudly presents this immaculate three-bedroom family residence, nestled in a tranquil cul-de-sac. Enhanced by its current owners, this property boasts a spacious lounge, a luxury kitchen seamlessly flowing into a conservatory/sun lounge, and a contemporary family bathroom on the first floor. Additionally, it offers a low-maintenance west-facing rear garden, garage, and off-street parking. With uPVC double glazing throughout and a combination boiler installed approximately three years ago, comfort and efficiency are assured.

Strategically situated, this home is just a short stroll from Hadleigh Town Centre and Thundersley Village. Residents can also enjoy proximity to local woodlands and Hadleigh Country Park. Superb educational facilities, including those within the Westwood Academy and King John school catchments, further enhance the appeal of this property. For those seeking the ideal family abode, your search ends here.

Tenure: Freehold
Council Tax Band: D

Entrance Hall:
Featuring wood effect flooring, a radiator, telephone point, power points, and a smooth plastered, coved ceiling. Carpeted stairs lead to the first-floor accommodation, with a storage cupboard housing the combi condensing gas central heating boiler (installed approximately in 2017). The hall provides access to various rooms.

Lounge 17'5 x 12'3 (5.31m x 3.73m) Max:
A spacious reception room located at the front of the property, boasting a UPVC double glazed window to the front. It features wood effect flooring, a TV point, power points, a smooth plastered, coved ceiling, a radiator, and a feature fireplace currently housing a gas fire. Additionally, there's an under stairs storage cupboard.

Kitchen Open Plan To Conservatory/Sun Lounge 17'11 x 14'7 (5.46m x 4.45m):
The kitchen area offers a luxury fitted setup with stainless steel sink and drainer unit, swan neck mixer tap, attractive square edge worktops with cream high gloss cupboards and drawers, and matching eye-level units. It includes space for a range-style cooker, washing machine (to remain), and an American-style fridge freezer. Tiled flooring, under cupboard lighting, and a breakfast bar facility add to the appeal. The area seamlessly flows into the conservatory/sun lounge, which features tiled flooring, a radiator, a smooth plastered ceiling, and UPVC double glazed French doors leading to the outside space. This space serves as a dining area and sofa area and was formerly a conservatory, now insulated and plaster-boarded to create a unified, spacious room incorporating the kitchen.

Landing:
Continuing with fitted carpet, a coved ceiling, loft access hatch, power points, and doors to various rooms.

Bedroom One 15'4 x 8'5 (4.67m x 2.57m):
A sizable bedroom currently used as a dressing area and bedroom space, offering a UPVC double glazed window to the front. It includes fitted carpet, power points, a smooth plastered, coved ceiling, a TV point, and a radiator.

Bedroom Two 10'10 x 7'4 (3.30m x 2.23m) Plus Door Recess:
Another well-proportioned bedroom featuring a UPVC double glazed window to the rear, laminate flooring, a radiator, power points, and a smooth plastered, coved ceiling.

Bedroom Three 12'2 x 6'7 (3.71m x 2.01m):
A comfortable third bedroom with ample space, offering a UPVC double glazed window to the front, fitted carpet, power points, a smooth plastered, coved ceiling, and a radiator.

Bathroom:
Featuring a modern three-piece suite comprising a panelled bath with shower over, vanity wash basin with chrome mixer tap, and push-button w.c. Tiled flooring, a radiator, tiled walls, an extractor fan, and a smooth plastered ceiling complete the setup. There's a UPVC obscure double glazed window to the rear.

Rear Garden:
The property benefits from a low-maintenance west-facing rear garden, beginning with a decking area ideal for outdoor seating. The remainder is mostly laid to astro turf with screen panelled fencing to borders. A timber shed is situated at the far rear, and an outside power point is available.

Front Garden:
There's a driveway providing off-street parking.

Garage:
Located in a block with an up-and-over door to the front.

Agent Details

Aspire Estate Agents, Benfleet

01268 203954

Next Steps?

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