2 Bed Flat, Single Let, Canvey Island, SS8 9UN, £190,000

Sanders Road, Canvey Island, SS8 9UN - a year ago

Sold STC
BTL
ROI: 7%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£120K - £410K
Sold Prices/m²£1.6K/m² - £5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.8K/m²

Value Estimate

£221,910
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Total Cash In

£58,200

 

 

Cash Out

 

Rent Range

£1,075 - £1,450

Rent Estimate

£1,169

Running Costs/mo

£848

Cashflow/mo

£321

Cashflow/yr

£3,857

ROI

7%

Gross Yield

7%

Local Sold Prices

42 sold prices from £120K to £410K, average is £206.3K. £1.6K/m² to £5K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£213K07/230.01 miFlat 8, Badgers Rise, Sanders Road, Canvey Island, Essex SS8 9UN2
£195K05/240.05 mi9, Ashworths, Canvey Island, Essex SS8 9RR2
£162K02/210.24 mi106a, Hilton Road, Canvey Island, Essex SS8 9XG2
£192K05/220.57 mi7, Church Parade, Canvey Island, Essex SS8 9RQ2
£170K04/230.57 mi31, Church Parade, Canvey Island, Essex SS8 9RQ2
£180K09/210.63 mi33, Church Parade, Canvey Island, Essex SS8 9RQ2
£235K01/230.73 mi4, Merlin Court, Canvey Island, Essex SS8 9ES2
£180K06/210.77 mi8, Goirle Avenue, Canvey Island, Essex SS8 8BJ2
£201K06/210.79 miFlat 2, Crescent House, Mornington Crescent, Canvey Island, Essex SS8 8AS2
£258K03/211 mi39, Limburg Road, Canvey Island, Essex SS8 0QH2
£155K09/231.07 mi399a, Long Road, Canvey Island, Essex SS8 0JH2
£226K03/241.17 mi107a, High Street, Benfleet, Essex SS7 1ND2
£265K08/211.21 mi16, Tudor Road, Canvey Island, Essex SS8 0ND2
£200K03/211.38 miFlat 6, St James Court, Western Esplanade, Canvey Island, Essex SS8 0AY2
£207.5K11/201.41 miFlat 4, Cherry Court, Western Esplanade, Canvey Island, Essex SS8 0AY2
£180K01/211.41 miFlat 9, Cherry Court, Western Esplanade, Canvey Island, Essex SS8 0AY2
£180K04/211.44 mi105a, High Road, Benfleet, Essex SS7 5LN2
£173K11/231.68 mi225a, High Road, Benfleet, Essex SS7 5HZ2
£225K01/211.77 mi53, Castle Lane, Benfleet, Essex SS7 2AL2
£235K03/211.81 miFlat 13, Richmond Court, Richmond Avenue, Benfleet, Essex SS7 5EY2
£238.5K08/211.83 mi5b, Clarence Road, Benfleet, Essex SS7 1DE2
£237.5K10/231.85 miFlat 4, Steeple Gate, Castle Lane, Benfleet, Essex SS7 2AF2
£238.5K05/211.85 miFlat 3, Steeple Gate, Castle Lane, Benfleet, Essex SS7 2AF2
£190K03/211.86 miFlat 3, Castle Court, Castle Lane, Benfleet, Essex SS7 2AE2
£220K03/231.86 miFlat 41, Queens Lodge, Benfleet Road, Benfleet, Essex SS7 1NY2
£220K08/211.86 miFlat 38, Queens Lodge, Benfleet Road, Benfleet, Essex SS7 1NY2
£192.5K01/211.86 miFlat 39, Queens Lodge, Benfleet Road, Benfleet, Essex SS7 1NY2
£222K10/231.88 miFlat 48, Wilkinson Drop, Oak Road South, Benfleet, Essex SS7 2BG2
£230K07/231.88 miFlat 43, Wilkinson Drop, Oak Road South, Benfleet, Essex SS7 2BG2
£205K04/211.88 miFlat 53, Wilkinson Drop, Oak Road South, Benfleet, Essex SS7 2BG2
£238K10/231.88 miWilkinson Drop, Flat 27, Oak Road South, Benfleet, Essex SS7 2BG2
£240K11/221.89 miFlat 55, Wilkinson Drop, Oak Road South, Benfleet, Essex SS7 2BG2
£235K11/221.89 mi36, Merrivale, Benfleet, Essex SS7 5HH2
£202K05/211.89 mi18, Merrivale, Benfleet, Essex SS7 5HH2
£237.5K01/231.91 miFlat 69, Wilkinson Drop, Oak Road South, Benfleet, Essex SS7 2BG2
£185K01/211.95 miFlat 1, Everglades, London Road, Hadleigh, Benfleet, Essex SS7 2ED2
£220K09/231.96 mi59, Templewood Court, Benfleet, Essex SS7 2RH2
£185K06/211.96 mi45, Templewood Court, Benfleet, Essex SS7 2RH2
£190K04/211.96 mi60, Templewood Court, Benfleet, Essex SS7 2RH2
£185K06/211.96 mi45, Templewood Court, Benfleet, Essex SS7 2RH2
£120K03/241.96 mi54, Templewood Court, Benfleet, Essex SS7 2RH2
£410K06/211.99 mi174, Kimberley Road, Benfleet, Essex SS7 1DR2

Local Rents

12 rents from £1.1K/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,07501/250.1 mi-2
£1,35009/240.44 miCentral Avenue, Canvey Island2
£1,45012/240.59 mi-2
£1,20003/250.62 mi-2
£1,25004/250.87 mi-2
£1,28009/240.96 mi-2
£1,15009/241.04 miBeach Heights Apartments 2
£1,35011/231.15 mi-2
£1,20009/241.16 miSchool Lane,Benfleet,SS72
£1,20009/241.18 miNormans Road, Canvey Island2
£1,25004/241.21 mi-2
£1,40009/241.23 miThe Close Attwell Mews, Benfleet2

Local Area Statistics

Population in SS8

38,134

Population in Canvey Island

38,138

Town centre distance

0.54 miles away

Nearest school

0.10 miles away

Nearest train station

1.19 miles away

 

 

Rental growth (12m)

+72%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Price changed to £190,000

March 4, 2025

Listed for £200,000

May 31, 2024

Description

  • 2 Large Double Bedrooms +
  • Modern Shower Room +
  • Expansive Kitchen +
  • Large Lounge +
  • Well Maintained +
  • First Floor +
  • Ample Parking +
  • Great Location +
  • Close to Local Schools +
  • Lease Remaining 168 Years +

*GUIDE PRICE £190,000-£200,000*
Welcome to this spacious and beautifully presented two-bedroom first-floor flat located in the sought-after Badgers Rise. This charming property boasts a large kitchen and lounge area, perfect for entertaining and comfortable living. The kitchen is well-appointed with ample storage and modern appliances, making it a delightful space for culinary adventures.

The flat features two generously sized bedrooms, offering plenty of space for relaxation and storage. The contemporary shower room has been recently updated, providing a sleek and stylish retreat for your daily routine.

Residents will appreciate the convenience of ample parking in the car park, ensuring easy access for you and your guests. Situated in a prime location, this flat is within close proximity to a variety of excellent schools, shops, and transport links, making it an ideal home for families and commuters alike.

Don't miss the opportunity to make this lovely flat your new home in Badgers Rise, where comfort, convenience, and community come together seamlessly.

Entrance - Entrance into block via secure entry phone system, stairs rising to first floor, with double glazed door into;

Hallway - Front door fire proof and double glazed, wood flooring, built in cupboard, storage heater, doors to kitchen, lounge, bedroom one, bedroom two and bathroom.

Lounge - 3.43m x 3.78m (11'3 x 12'5) - Two double glazed windows to front aspect, laminate wood flooring, storage heater.

Kitchen - 3.43m x 2.90m (11'3 x 9'6) - Laminate wood flooring, double glazed window to rear aspect, eye and base level units with rolled edge work surface, stainless steel single drainer sink with mixer taps, four ring electric hob with filter hood, integrated oven, fridge and washing machine, microwave to remain.

Bedroom One - 3.43m x 3.53m (11'3 x 11'7) - Double glazed window to front aspect, laminate wood flooring, storage heater.

Bedroom Two - 3.43m x 2.21m (11'3 x 7'3) - Double glazed window to rear aspect, laminate wood flooring, storage heater.

Bathroom - 2.49m x 2.13m (8'2 x 7) - Modern Shower Room, Tiled with shower cubicle, toilet and sink.

Agent Details

Anthony Quirk, Canvey Island

01268 203943

Next Steps?

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