3 Bed Semi-Detached House, Planning Permission, Stanford-le-Hope, SS17 8DS, £360,000

Second Avenue, Stanford-le-Hope, SS17 8DS - 4 views - a year ago

Sold STC
BTL
Planning
ROI: 1%
~93 m²
+23 photos

ValuationUndervalued

Sold Prices£180K - £450K
Sold Prices/m²£2.1K/m² - £7.6K/m²

 

 

Square Metres

~93 m²
Price/m²£3.9K/m²

Value Estimate

£379,924
BMV1%

 

 

End Value (After Refurb)

£378,366

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£90,000

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£46,000

Bridging Loan Interest

£9,450

Total Cash In

£165,900

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£378,366

Mortgage (After Refinance)

£283,775

Mortgage LTV

75%

Cash Released

£13,775

Cash Left In

£152,125

Equity

£94,592

Rent Range

£1,450 - £1,850

Rent Estimate

£1,641

Running Costs/mo

£1,531

Cashflow/mo

£110

Cashflow/yr

£1,325

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £180K to £450K, average is £340K. £2.1K/m² to £7.6K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£366K01/230.05 mi41, Bramleys, Stanford-le-hope, Thurrock SS17 8AG3
£289.9K12/200.05 mi82, Bramleys, Stanford-le-hope, Thurrock SS17 8AG3
£345K10/210.08 mi8, Rodings Avenue, Stanford-le-hope, Thurrock SS17 8DX3
£347K02/210.08 mi24, Rodings Avenue, Stanford-le-hope, Thurrock SS17 8DX3
£375K10/230.08 mi3, Second Avenue, Stanford-le-hope, Thurrock SS17 8DP3
£405K06/210.09 mi14, Redlie Close, Stanford-le-hope, Thurrock SS17 8BB3
£350K04/210.09 mi26, Redlie Close, Stanford-le-hope, Thurrock SS17 8BB3
£295K03/210.09 mi19, Redlie Close, Stanford-le-hope, Thurrock SS17 8BB3
£450K05/230.11 mi56, Rodings Avenue, Stanford-le-hope, Thurrock SS17 8DU3
£180K05/210.12 mi83, Gideons Way, Stanford-le-hope, Thurrock SS17 8EU3
£352.5K03/240.12 mi88, Gideons Way, Stanford-le-hope, Thurrock SS17 8EU3
£450K06/210.13 miBrambles, First Avenue, Stanford-le-hope, Thurrock SS17 8AD3
£417K01/230.14 mi34, Branksome Avenue, Stanford-le-hope, Thurrock SS17 8BD3
£372K07/230.14 mi94, Rodings Avenue, Stanford-le-hope, Thurrock SS17 8DT3
£337K07/230.14 mi81, Rodings Avenue, Stanford-le-hope, Thurrock SS17 8DT3
£340K01/240.14 mi77, Rodings Avenue, Stanford-le-hope, Thurrock SS17 8DT3
£320K06/210.16 mi24, Silverdale, Stanford-le-hope, Thurrock SS17 8BE3
£280K04/210.18 mi14, Dunstable Road, Stanford-le-hope, Thurrock SS17 8QT3
£450K03/210.19 mi30b, Branksome Close, Stanford-le-hope, Thurrock SS17 8BA3
£335K10/230.19 mi12, Branksome Close, Stanford-le-hope, Thurrock SS17 8BA3
£435K08/230.2 mi12, Champion Close, Stanford-le-hope, Thurrock SS17 7BA3
£360K09/230.2 mi5, Hudsons Close, Stanford-le-hope, Thurrock SS17 7AX3
£425K02/210.2 mi253, Southend Road, Stanford-le-hope, Thurrock SS17 7AB3
£403K05/230.2 mi239, Southend Road, Stanford-le-hope, Thurrock SS17 7AB3
£330K06/210.21 mi5, Silverdale, Stanford-le-hope, Thurrock SS17 8BG3
£363K04/230.21 mi29, Cornwell Crescent, Stanford-le-hope, Thurrock SS17 7DJ3
£415K05/210.21 mi2a, Golding Crescent, Stanford-le-hope, Thurrock SS17 7AZ3
£320K02/230.21 mi26, Gideons Way, Stanford-le-hope, Thurrock SS17 8ED3
£315K06/210.23 mi19, Silverdale East, Stanford-le-hope, Thurrock SS17 8BQ3
£275K03/210.23 mi27, Silverdale East, Stanford-le-hope, Thurrock SS17 8BQ3
£290K04/210.23 mi42, Silverdale East, Stanford-le-hope, Thurrock SS17 8BQ3
£300K01/210.23 mi24, Silverdale East, Stanford-le-hope, Thurrock SS17 8BQ3
£375K01/230.23 mi46, Silverdale East, Stanford-le-hope, Thurrock SS17 8BQ3
£240.5K05/210.23 mi13, Wills Hill, Stanford-le-hope, Thurrock SS17 7AY3
£350K06/210.24 mi14, Holst Close, Stanford-le-hope, Thurrock SS17 8RB3
£282K05/210.24 mi23, Rose Valley Crescent, Stanford-le-hope, Thurrock SS17 8EH3
£280K06/210.24 mi3, Rose Valley Crescent, Stanford-le-hope, Thurrock SS17 8EH3
£310K11/230.24 mi25, Rose Valley Crescent, Stanford-le-hope, Thurrock SS17 8EH3
£355K02/240.24 mi77, Branksome Avenue, Stanford-le-hope, Thurrock SS17 8BH3
£350K12/230.24 mi107, Branksome Avenue, Stanford-le-hope, Thurrock SS17 8BH3
£438K09/220.25 miCrannley, Balmoral Avenue, Stanford-le-hope, Thurrock SS17 7BD3
£297K11/200.25 mi15, Pelham Place, Stanford-le-hope, Thurrock SS17 8EQ3
£294K06/210.25 mi17, Pelham Place, Stanford-le-hope, Thurrock SS17 8EQ3
£275K08/210.26 mi17, Mountfield Close, Stanford-le-hope, Thurrock SS17 7DN3
£270K12/200.26 mi15, Mountfield Close, Stanford-le-hope, Thurrock SS17 7DN3
£295K12/200.26 mi13, Balmoral Avenue, Stanford-le-hope, Thurrock SS17 7BD3
£412K01/240.26 mi18, Balmoral Avenue, Stanford-le-hope, Thurrock SS17 7BD3
£275K01/210.26 mi164, Boyce Road, Stanford-le-hope, Thurrock SS17 8RL3
£340K12/220.26 mi17, Gideons Way, Stanford-le-hope, Thurrock SS17 8EE3
£267.5K12/200.26 mi8, Gideons Way, Stanford-le-hope, Thurrock SS17 8EE3

Local Rents

10 rents from £1.4K/mo to £1.9K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,65003/250.09 mi-3
£1,85001/250.12 mi-3
£1,80003/250.26 mi-3
£1,70009/240.27 miSandringham Close, Stanford-Le-Hope3
£1,65002/250.36 mi-3
£1,85002/250.37 mi-3
£1,45009/240.39 miMonks Haven, Stanford-Le-Hope3
£1,70012/240.55 mi-3
£1,65012/240.59 mi-3
£1,80002/250.6 mi-3

Local Area Statistics

Population in SS17

32,518

Town centre distance

0.61 miles away

Nearest school

0.40 miles away

Nearest train station

0.82 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £360,000

December 4, 2024

Listed for £375,000

April 29, 2024

Floor Plans

Description

  • No onward chain +
  • A fantastic size three bedroom semi-detached family home +
  • Lovely size lounge/diner +
  • Good size kitchen +
  • Three good size bedrooms +
  • Shower room +
  • Huge rear garden with lots of potential for extension (stpc) +
  • Driveway parking for multiple vehicles and double length garage with electric roller door +
  • Great location for both train station and town centre +
  • Option of a sitting tenant for investors/buy to let +

Nestled in the sought-after Second Avenue of Stanford-Le-Hope, this charming semi-detached house offers a perfect setting for a growing family. Boasting three bedrooms, this property is ideal for those seeking a spacious family home.

One of the standout features of this residence is the expansive rear garden, offering endless possibilities for outdoor activities and relaxation. Imagine the potential of this space, with plenty of room for an extension (stpc).

Convenience is key with this property, as it provides driveway parking for multiple vehicles and a large double length garage with electric roller door, ensuring ample space for all your parking needs. Situated on a highly desirable road, you'll find yourself in close proximity to both the train station and town centre, making commuting and daily errands a breeze.

Additional benefits include a top of the range Worcester Bosch combi boiler and a full electrical rewire in 2021.

With no onward chain, this property offers a smooth transition for potential buyers. Additionally, the option of a sitting tenant provides a unique opportunity for those looking for a ready-made investment.

Don't miss out on the chance to make this house your home, where comfort, space, and convenience come together in perfect harmony.

GUIDE PRICE- £375,000-£400,000

Spacious entrance hall commences with stairs leading to first floor accommodation. Storage cupboard.
Lounge/diner 19'6 x 12'1 max. Double glazed window to front. Patio sliding doors to rear. Feature fireplace.
Kitchen 9'1 x 8'5 dual aspect double glazed windows. External door to garden. Wall and base mounted units with matching storage drawers. Work surfaces housing sink drainer. Space for appliances including space for freestanding cooker.

First floor landing is home to three well proportioned bedrooms and family shower room. Access to loft.
Bedroom one 12'8 x 9'5 double glazed window to rear.
Bedroom two 12'3 max x 9'5 double glazed to front.
Bedroom three 8'7 x 6'3 double glazed window to rear.
Shower room comprises shower, wash hand basin and low level WC. Part tiling to walls. Storage cupboard.

Rear garden is predominately lawned with plenty of mature bushes and shrubs. Side access gate and outside water tap.
Driveway parking for multiple vehicles.
Tandem Garage with electric roller door.

Council Tax Band: C
Local Authority: Thurrock

Disclaimer: Council Tax is given as a guide only and should be checked and confirmed before exchange of contracts.
We endeavor to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. All verification of property details should be made by your legal representative for the purchase of the property to ensure that all information including but not limited to; Tenure, lease information, parking facilities, planning permission, and building regulations is accurate and correct.

The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as guide to prospective buyers only and are not precise.

Floorplans where included may not be to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.

STANFORD-LE-HOPE is a small village between Basildon and Grays. The name arrives from a bridge crossing the rivulet on the site of the ancient stone ford, which gave the village, it’s name Stanford-le-Hope.
Stanford Le Hope railway station is on the London, Tilbury and Southend line taking approximately 45 minutes to Fenchurch Street.
Why not enjoy some time looking around the Town Centre, enjoy a meal at one of the many pubs and restaurants? Easy access to A13 road links to Basildon, Benfleet and Wickford.

Agent Details

Colubrid, Thurrock & Basildon

01375 803788

Next Steps?

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