2 Bed Bungalow, Single Let, Benfleet, SS7 1LS, £450,000

61 Essex Way, Benfleet, Essex, SS7 1LS - 8 months ago

Sold STC
BTL
67 m²
+15 photos

ValuationOvervalued

Sold Prices£275K - £500K
Sold Prices/m²£3.6K/m² - £12.8K/m²

 

 

Square Metres

67 m²
Price/m²£6.7K/m²

Value Estimate

£352,016

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£1,075 - £1,750

Rent Estimate

£1,200

Running Costs/mo

£1,666

Cashflow/mo

£-466

Cashflow/yr

£-5,595

Gross Yield

3%

Local Sold Prices

38 sold prices from £275K to £500K, average is £351K. £3.6K/m² to £12.8K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£326K09/230.09 mi109, Essex Way, Benfleet, Essex SS7 1LR2
£370K01/210.12 mi132, Essex Way, Benfleet, Essex SS7 1LP2
£430K01/240.17 mi3, Mill Hill, Benfleet, Essex SS7 1NJ2
£380K04/210.35 mi6, Queens Road, Benfleet, Essex SS7 1JW2
£375K03/240.63 mi62, Thundersley Park Road, Benfleet, Essex SS7 1ET2
£330K09/220.65 mi22, Peregrine Drive, Benfleet, Essex SS7 5EJ2
£339.5K06/230.65 mi23, Kingfisher Drive, Benfleet, Essex SS7 5ES2
£330K06/210.72 mi60, Woodham Park Drive, Benfleet, Essex SS7 5EP2
£305K10/200.72 mi57, Woodham Park Drive, Benfleet, Essex SS7 5EP2
£360K04/230.72 mi35, Constitution Hill, Benfleet, Essex SS7 1EB2
£480K01/210.75 mi52, Kents Hill Road, Benfleet, Essex SS7 5PL2
£310K12/230.76 mi1, Swallow Drive, Benfleet, Essex SS7 5EN2
£355K07/230.76 mi36, Swallow Drive, Benfleet, Essex SS7 5EN2
£365K10/230.76 mi14, Swallow Drive, Benfleet, Essex SS7 5EN2
£370K01/240.76 mi8, Swallow Drive, Benfleet, Essex SS7 5EN2
£327K02/230.76 mi66, Constitution Hill, Benfleet, Essex SS7 1ED2
£310K03/210.77 mi24, Danesfield, Benfleet, Essex SS7 5EF2
£316K10/230.77 mi31, Boyce View Drive, Benfleet, Essex SS7 5EA2
£340K04/230.77 mi28, Greenways, Benfleet, Essex SS7 5EQ2
£357.5K08/230.77 mi8, Greenways, Benfleet, Essex SS7 5EQ2
£340K02/210.77 mi38, Greenways, Benfleet, Essex SS7 5EQ2
£500K08/230.77 mi338, High Road, Benfleet, Essex SS7 5HP2
£305K12/200.78 mi19, Danesfield, Benfleet, Essex SS7 5EE2
£460K07/230.78 mi17, Danesfield, Benfleet, Essex SS7 5EE2
£370K01/240.79 mi157, Cumberland Avenue, Benfleet, Essex SS7 1DX2
£315K04/210.8 mi46, Melcombe Road, Benfleet, Essex SS7 5NB2
£275K02/210.87 mi409, High Road, Benfleet, Essex SS7 5HN2
£460K01/230.88 mi90, Kents Hill Road, Benfleet, Essex SS7 5PJ2
£361K08/210.88 mi48, Tyrrell Road, Benfleet, Essex SS7 5DQ2
£350K12/220.89 mi28, Benfleet Park Road, Benfleet, Essex SS7 5HJ2
£331K01/210.91 mi388, High Road, Benfleet, Essex SS7 5HL2
£350K12/230.96 mi43, South View Road, Benfleet, Essex SS7 5ND2
£383K07/230.97 mi26, Cumberland Avenue, Benfleet, Essex SS7 5NY2
£383K07/230.97 mi26, Cumberland Avenue, Benfleet, Essex SS7 5NY2
£375K02/210.97 mi6, Loten Road, Benfleet, Essex SS7 5DD2
£335K02/210.98 mi42, Philmead Road, Benfleet, Essex SS7 5DN2
£352K06/210.98 mi40, Philmead Road, Benfleet, Essex SS7 5DN2
£310K04/210.98 mi19, Philmead Road, Benfleet, Essex SS7 5DN2

Local Rents

14 rents from £1.1K/mo to £1.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20009/240.09 miSchool Lane,Benfleet,SS72
£1,25004/240.12 mi-2
£1,30009/240.15 miHigh Road, Benfleet2
£1,40009/240.17 miThe Close Attwell Mews, Benfleet2
£1,35011/230.17 mi-2
£1,25009/240.45 miHall Farm Road, Benfleet, Essex, SS72
£1,25009/240.48 miBrook Road,Benfleet,SS72
£1,20009/240.57 miHigh Road, Benfleet2
£1,45009/240.63 miThundersley Park Road, Benfleet, SS7 1ET2
£1,75009/240.72 miBenfleet Road, Benfleet, SS72
£1,20009/240.78 miMerrivale, Benfleet2
£1,20009/241.03 miJotmans Lane, Benfleet2
£1,07501/251.04 mi-2
£1,35009/241.2 miCentral Avenue, Canvey Island2

Local Area Statistics

Population in SS7

49,121

Town centre distance

1.54 miles away

Nearest school

0.60 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £450,000

August 23, 2024

Sold for £290,000

2020

Floor Plans

Description

A STUNNING TWO BEDROOM DETACHED BUNGALOW just a few minutes walk from Benfleet Station, Benfleet conservation area and multiple quaint pubs and restaurants. Offering modern accommodation including a open plan kitchen/family room measuring 27'4" max x 18'0", an APPROX 95ft rear garden and a tiered driveway with off street parking for seven vehicles.

This property is also in the catchment area for South Benfleet Primary School and King John Secondary School. GUIDE PRICE £450,000 - £475,000

Entrance Hall - Part glazed composite entrance door, uvpc double glazed windows to front and side aspect, smooth plastered ceiling, laminate flooring, underfloor heating, loft access, spotlights and power points.

Open Plan Kitchen/Family Room - 8.33m max x 5.49m (27'04" max x 18'0") - Bi-fold doors to rear aspect, uvpc windows to side aspect, two skylights, smooth plastered ceiling, spotlights, laminate wood flooring, underfloor heating. Kitchen fitted with attractive range of eye and base level units, Quartz worktops with waterfall island / breakfast bar, one and half ceramic sink with black mixer tap, integrated Lamona appliances including induction hob with extractor fan over, oven, combi oven/microwave, dishwasher and space for American style fridge freezer. Tv and power points

Bedroom One - 4.88m into bay x 3.40m (16'0" into bay x 11'2") - Bay window with shutters to front aspect, smooth plastered ceiling, laminate wood flooring, underfloor heating, tv and power points

Bedroom Two - 3.48m x 2.16m (11'5" x 7'1") - Upvc window with shutters to front aspect, smooth plastered ceiling, laminate wood flooring, underfloor heating, tv and power points

Bathroom - 2.44m x 1.85m (8'0" x 6'1") - Obscure uvpc window to side aspect, smooth plastered ceiling, tiled flooring and walls, underfloor heating, spotlights, vanity unit with inset wash hand basin and matt black mixer tap, shower cubicle with tinted glass door and black handheld and waterfall shower heads, panelled bath with matt black mixer tap, matt black heated towel rail, dual flush W.C.

Utility - 2.57m x 1.45m (8'5" x 4'9") - Uvpc door to side aspect, smooth plastered ceiling, laminate wood flooring, underfloor heating, Quartz worktop, two full height cupboards, Main combi boiler, space for washing machine and tumble dryer, power points.

Rear Garden - APPROX 95ft landscaped rear garden comprising of a raised composite decking area fitted with glass balustrades leading to a lower decked area and shed, remainder laid to lawn with flower bed borders. Lighting and water tap with wide side access running from front to back.

Driveway - Block paved tiered driveway with space for seven vehicles, lighting and wide side access.

Council Tax - Band D

Estate Agency Act 1979, Section 21 - in accordance with the Estate Agency Act 1979, Section 21, we confirm that the interested vendor of the property is a relative of an employee of Countryside Estates

Agent Details

Countryside Estates, Countryside Estates

01268 203737

Next Steps?

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