2 Bed Flat, Single Let, Benfleet, SS7 5UG, £210,000

London Road, Benfleet, SS7 5UG - 10 months ago

Leasehold
BTL
ROI: 4%
~58 m²
+3 photos

ValuationOvervalued

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

 

 

Square Metres

~57.80 m²
Price/m²£3.6K/m²

Value Estimate

£204,103

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£13,400

Total Cash In

£65,900

 

 

Cash Out

 

Rent Range

£850 - £1,550

Rent Estimate

£1,100

Running Costs/mo

£896

Cashflow/mo

£204

Cashflow/yr

£2,445

ROI

4%

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 miFlat 15, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG2
£190K01/210.07 miFlat 18, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£232K07/230.07 miFlat 8, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£145K08/230.07 miFlat 13, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£207.5K12/230.07 miFlat 2, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£235K04/210.08 mi4d, Kennington Avenue, Benfleet, Essex SS7 4BS2
£230K02/210.21 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£250K07/230.21 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£185K02/230.3 miFlat 41, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG2
£220K08/210.46 mi20, Muirway, Benfleet, Essex SS7 4LS2
£232.5K01/240.64 mi143a, Chesterfield Avenue, Benfleet, Essex SS7 3HW2
£410K06/210.76 mi174, Kimberley Road, Benfleet, Essex SS7 1DR2
£210K10/200.79 mi18b, South View Road, Benfleet, Essex SS7 5NA2
£238.5K08/210.91 mi5b, Clarence Road, Benfleet, Essex SS7 1DE2
£202K05/210.99 mi18, Merrivale, Benfleet, Essex SS7 5HH2
£235K11/220.99 mi36, Merrivale, Benfleet, Essex SS7 5HH2
£222K11/201 mi34, Kenneth Road, Benfleet, Essex SS7 3AT2
£235K03/211 miFlat 13, Richmond Court, Richmond Avenue, Benfleet, Essex SS7 5EY2
£173K11/231.08 mi225a, High Road, Benfleet, Essex SS7 5HZ2
£170K02/241.19 miWillow Lodge, Flat 18, Hart Road, Thundersley, Benfleet, Essex SS7 3PQ2
£208K11/201.28 miFlat 8, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£205K11/211.28 miFlat 14, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£216.5K06/231.28 miFlat 1, Aston Place, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£240K04/241.28 miAston Place, Flat 14, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£180K04/211.32 mi105a, High Road, Benfleet, Essex SS7 5LN2
£212.5K04/211.64 mi28, Crown Avenue, Pitsea, Basildon, Essex SS13 2BE2
£226K03/241.67 mi107a, High Street, Benfleet, Essex SS7 1ND2
£245K08/231.67 mi29, Lenham Way, Pitsea, Basildon, Essex SS13 2NT2
£225K10/201.73 mi12, Robins Path, Benfleet, Essex SS7 1FG2
£110K02/211.83 mi6, Vermont Close, Basildon, Essex SS13 1BH2
£150K06/211.83 mi8, Vermont Close, Basildon, Essex SS13 1BH2
£210K11/231.83 mi32, Vermont Close, Basildon, Essex SS13 1BH2
£110K04/211.86 mi2, Riffams Drive, Basildon, Essex SS13 1BG2
£176.3K01/231.86 mi5, Riffams Drive, Basildon, Essex SS13 1BG2
£250K09/221.88 mi4, Riffams Drive, Basildon, Essex SS13 1BG2
£192.5K11/201.88 mi4, Riffams Drive, Basildon, Essex SS13 1BG2
£210K11/221.88 mi32, Brackendale Court, Basildon, Essex SS13 3JR2
£99K06/211.92 mi60, Fairfax Avenue, Basildon, Essex SS13 1AZ2
£162.5K07/231.92 mi22, Fairfax Avenue, Basildon, Essex SS13 1AZ2
£162.5K07/231.92 mi22, Fairfax Avenue, Basildon, Essex SS13 1AZ2
£118K12/221.94 mi87, Fairfax Avenue, Basildon, Essex SS13 1AY2
£250K09/231.94 mi25, Fairfax Avenue, Basildon, Essex SS13 1AY2
£228K05/211.95 mi7, Charleston Avenue, Basildon, Essex SS13 1TD2
£247.8K09/231.95 mi7, Charleston Avenue, Basildon, Essex SS13 1TD2
£210K11/201.96 mi35, Shirley Gardens, Basildon, Essex SS13 1BA2
£105K03/211.96 mi37, Shirley Gardens, Basildon, Essex SS13 1BA2
£226.5K06/231.96 mi38, Shirley Gardens, Basildon, Essex SS13 1BA2
£310K03/231.98 mi20, Charleston Avenue, Basildon, Essex SS13 1JH2
£186K10/201.99 mi6, Charleston Avenue, Basildon, Essex SS13 1JH2
£190K02/211.99 mi7, Calvert Drive, Basildon, Essex SS13 1TB2
£195K06/231.99 mi27, Calvert Drive, Basildon, Essex SS13 1TB2

Local Rents

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

RentDateDistanceAddressBeds 
£1,25012/240.04 mi-2
£1,25012/240.04 mi-2
£1,25009/240.07 mi-2
£1,25006/240.07 mi-2
£87505/240.08 mi-2
£1,30009/240.12 mi-2
£1,35009/240.12 mi-2
£1,20004/240.12 mi-2
£1,10007/230.12 mi-2
£1,10006/230.12 mi-2
£1,40005/230.16 mi-2
£1,50012/240.16 mi-2
£1,50012/240.16 mi-2
£1,10009/240.21 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
£1,40012/230.28 mi-2
£85009/240.44 miManor Court, Benfleet2

Local Area Statistics

Population in SS7

49,121

Town centre distance

1.37 miles away

Nearest school

0.30 miles away

Nearest train station

1.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £210,000

June 3, 2024

Floor Plans

Description

Central Benfleet location, this home is perfect for a first home or a great investment.

The property is within 1 mile of shops, restaurants and bars. Benfleet train station is 2.2 miles away for those commuting to London. You also have good road links via the A127 and A13. Benfleet has some lovely shops and parks for the weekends with the family.

The property itself has an allocated parking space and visitor parking available. The flat is accessed via a secure entry phone system and located on the first floor. Inside you will be pleased to finds two good size bedrooms with good storage options. While the lounge offers space to entertain and relax with friends. The kitchen has a good amount of cupboard space for all your pots and pans. Lastly the bathroom is more than enough space and allows maybe a soak in the bath after a busy day at work.

Agent Details

Bairstow Eves, Rayleigh

01268 202735

Next Steps?

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