4 Bed Terraced House, Refurb/BRRR, Basildon, SS13 3ER, £300,000

Buckerills, Basildon, Essex, SS13 3ER - 12 views - 9 months ago

Sold STC
BTL
Refurb/BRRR
ROI: 4%
~129 m²
+9 photos

ValuationUndervalued

Sold Prices£220K - £560K
Sold Prices/m²£2.3K/m² - £7.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.3K/m²

Value Estimate

£309,000
BMV3%

 

 

End Value (After Refurb)

£403,031

Uplift in Value

+34%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£63,378

Bridging Loan Interest

£7,875

Total Cash In

£160,703

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£403,031

Agent Fees (1%)

£4,030

Bridging Loan

£225,000

Bridging Loan Interest

£7,875

Flip Profit

£13,298

Local Sold Prices

51 sold prices from £220K to £560K, average is £388K. £2.3K/m² to £7.1K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£362K04/210.12 mi9, St Teresas Close, Basildon, Essex SS14 1SW4
£388K09/220.23 mi19, Feering Drive, Basildon, Essex SS14 1TG4
£350K11/230.24 mi75, Broomfields Court, Basildon, Essex SS13 3LL4
£220K09/210.25 mi11, Steeplehall, Basildon, Essex SS13 3HP4
£425K06/230.28 mi49, The Greensted, Basildon, Essex SS14 1TD4
£420K10/230.44 mi54, Paslowes, Basildon, Essex SS16 4LR4
£340K07/230.45 mi80, Wimbish End, Basildon, Essex SS13 3PE4
£382.5K04/240.45 mi14, Waterville Drive, Vange, Basildon, Essex SS16 4TY4
£390K04/230.5 mi43, Church Park Road, Pitsea, Basildon, Essex SS13 3BP4
£560K01/220.5 mi169, Timberlog Lane, Basildon, Essex SS14 1PJ4
£432K09/210.52 mi173, Timberlog Lane, Basildon, Essex SS14 1PJ4
£330K09/230.53 mi18, Walthams, Pitsea, Basildon, Essex SS13 3QT4
£330K07/230.56 mi29, Timbermans View, Basildon, Essex SS16 4UX4
£325K09/230.56 mi30, Timbermans View, Basildon, Essex SS16 4UX4
£295K12/200.56 mi17, Rivertons, Basildon, Essex SS16 4UY4
£420K08/210.6 mi55, Gordon Road, Basildon, Essex SS14 1PN4
£395K01/210.64 mi45, Gordon Road, Basildon, Essex SS14 1PN4
£460K06/210.66 mi46, Fieldway, Pitsea, Basildon, Essex SS13 3DQ4
£495K06/210.66 mi48, Fieldway, Pitsea, Basildon, Essex SS13 3DQ4
£411K06/210.67 mi18, Mountfields, Pitsea, Basildon, Essex SS13 3DA4
£330K03/210.68 mi5, Beatty Lane, Basildon, Essex SS14 1QH4
£305K02/230.7 mi73, Eastbrooks Place, Pitsea, Basildon, Essex SS13 3QS4
£475K01/240.7 mi91, Brackendale Avenue, Basildon, Essex SS13 3JX4
£455K06/210.71 mi43 - 45, Brackendale Avenue, Basildon, Essex SS13 3BD4
£360K06/210.72 mi26, St Marys Crescent, Basildon, Essex SS13 2AR4
£315K05/210.74 mi88, Delhi Road, Basildon, Essex SS13 2EQ4
£450K03/230.77 mi56, Halstow Way, Pitsea, Basildon, Essex SS13 2NY4
£390K02/210.77 mi42, Brackendale Avenue, Basildon, Essex SS13 3BE4
£420K03/210.77 mi39, Bearsted Drive, Pitsea, Basildon, Essex SS13 2NJ4
£500K02/230.77 mi57, Brackendale Avenue, Basildon, Essex SS13 3BE4
£337.5K12/230.78 mi3, Bellfield, Basildon, Essex SS16 4SX4
£400K12/230.78 mi12, Lenham Way, Pitsea, Basildon, Essex SS13 2NT4
£305K11/200.8 mi10, Gratmore Green, Basildon, Essex SS16 4SU4
£420K10/230.81 mi70, Hockley Road, Basildon, Essex SS14 1RQ4
£455K01/210.81 mi24, Elham Drive, Pitsea, Basildon, Essex SS13 2NR4
£555K09/210.81 mi17, Elham Drive, Pitsea, Basildon, Essex SS13 2NR4
£305K01/240.82 mi16, Malyons Close, Basildon, Essex SS13 1PR4
£375K12/230.82 mi87, Chalvedon Avenue, Pitsea, Basildon, Essex SS13 1AF4
£375K12/230.82 mi87, Chalvedon Avenue, Pitsea, Basildon, Essex SS13 1AF4
£440K08/230.82 mi2, Highland Avenue, Basildon, Essex SS16 4DW4
£375K12/230.82 mi4, Highland Avenue, Basildon, Essex SS16 4DW4
£485K06/220.84 mi14, Kingsdown Close, Basildon, Essex SS13 2NU4
£540K09/220.84 mi1, Tunstall Close, Basildon, Essex SS13 2NZ4
£345K03/210.85 mi12, Beeleigh East, Basildon, Essex SS14 2RP4
£345K03/240.85 mi125, Clayburn Circle, Basildon, Essex SS14 1PX4
£425K08/230.87 mi15a, Ramsay Drive, Basildon, Essex SS16 4RR4
£500K10/230.87 mi8, Ramsay Drive, Basildon, Essex SS16 4RR4
£325K11/200.87 mi28, Southcote Crescent, Basildon, Essex SS14 3PU4
£302K12/210.91 mi138, Gordon Road, Basildon, Essex SS14 1PR4
£340K01/240.91 mi133, Gordon Road, Basildon, Essex SS14 1PR4
£365K04/230.92 mi37, Fairlop Gardens, Basildon, Essex SS14 1RE4

Local Rents

29 rents from £1.4K/mo to £3.6K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,65010/240.14 mi-3
£2,98008/240.14 mi-5
£2,00011/240.17 mi-3
£2,90002/240.24 mi-5
£2,90003/250.24 mi-5
£1,75010/240.24 mi-3
£3,00009/240.24 mi-5
£2,85009/240.24 mi-5
£1,65008/240.25 mi-3
£1,90008/240.28 mi-3
£3,00009/240.29 mi-5
£3,00009/240.29 miBeambridge, Basildon, SS135
£2,85004/250.29 mi-5
£1,65010/240.33 mi-3
£1,80004/250.37 mi-3
£2,20012/240.37 mi-3
£2,92512/230.37 mi-5
£3,29004/250.4 mi-5
£1,45009/240.43 mi3 bedroom Terraced House in Basildon3
£1,70004/250.45 mi-3
£1,60004/250.45 mi-3
£1,85004/250.47 mi-3
£1,85004/250.47 mi-3
£1,70010/240.48 mi-3
£1,55009/240.54 miCarlisle Way, Pitsea, SS133
£1,65009/240.57 mi-4
£3,65002/240.58 mi-5
£2,80004/250.61 mi-6
£2,15004/250.61 mi-4

Local Area Statistics

Population in SS13

22,057

Population in Basildon

105,369

Town centre distance

1.53 miles away

Nearest school

0.20 miles away

Nearest train station

0.67 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £300,000

August 12, 2024

Sold for £152,500

2009

Description

  • Four Bedrooms +
  • Double Glazing +
  • No Onward Chain +
  • Gas Central Heating +
  • Entrance Porch +
  • Residential Parking Nearby +
  • Easy Access of Local Amenities & Pitsea Train Station +
  • Must Be Seen +
  • Ideal Family Home or Buy to Let Investment +

Guide Price £300,000 - £315,000
We are delighted to offer for sale as vendors sole agents this realistically priced four bedroom terraced house in need on general modernisation. The property is situated within walking distance of Pitsea Railway station (c2c Fenchurch street) and is offered with no onward chain. We strongly advise any serious buyers to view without delay.

Agent Details

KINGSWOOD, Basildon

01268 203171

Next Steps?

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