3 Bed Terraced House, Single Let, Stanford-le-Hope, SS17 7BT, £310,000

Silvertown Avenue, Stanford-Le-Hope, SS17 7BT - 7 months ago

Sold STC
BTL
ROI: 3%
~93 m²
+14 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£13,500

Total Cash In

£91,000

 

 

Cash Out

 

Rent Range

£1,450 - £1,850

Rent Estimate

£1,540

Running Costs/mo

£1,297

Cashflow/mo

£243

Cashflow/yr

£2,916

ROI

3%

Gross Yield

6%













Local Rents

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

RentDateDistanceAddressBeds 
£1,65002/250.05 mi-3
£1,45009/240.15 miMonks Haven, Stanford-Le-Hope3
£1,80003/250.21 mi-3
£1,65003/250.33 mi-3
£1,75009/240.35 miBillet Lane, Stanford-Le-Hope3
£1,85001/250.36 mi-3
£1,70009/240.43 miSandringham Close, Stanford-Le-Hope3
£1,80002/250.46 mi-3
£1,70012/240.57 mi-3
£1,65012/240.58 mi-3

Local Area Statistics

Population in SS17

32,518

Town centre distance

0.80 miles away

Nearest school

0.10 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £310,000

August 16, 2024

Floor Plans

Description

  • Fantastic First Time Buyer Home +
  • Spacious Throughout +
  • Entrance Hallway +
  • Fitted Kitchen +
  • Great Size Living Room/ Dining Space +
  • Ground Floor WC +
  • Utility Room +
  • Three First Floor Bedrooms +
  • Shower Room +
  • No Onward Chain! +

Guide Price £310,000 - £325,000 Howgates are delighted to welcome to market this 3-bedroom terraced home ideal for those with a keen eye on home improvements and boasting an ideal canvas for first time buyers. As you step into the inviting entrance hallway, you are greeted by the space on offer. The fitted kitchen boasts plenty of storage solutions, while the expansive living room and dining space offer a great setting for entertaining guests or cosy nights in. The ground floor WC and utility room add convenience to daily living, ensuring every need is met with ease. Upstairs, three generously sized bedrooms invite rest and relaxation, complemented by an ideal shower room. And the best part? This gem comes with no onward chain, making the transition to a new lifestyle seamless and stress-free. Enquire now to arrange an early inspection of this property in order to appreciate the space and posibilites on offer.

Agent Details

Howgates, Stanford Le Hope

01375 803734

Next Steps?

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