3 Bed Terraced House, Single Let, Stanford-le-Hope, SS17 8EU, £290,000

GIDEONS WAY, Stanford-Le-Hope, SS17 8EU - 3 views - 6 months ago

Sold STC
BTL
ROI: 4%
~93 m²
+5 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£11,900

Total Cash In

£84,400

 

 

Cash Out

 

Rent Range

£1,450 - £1,850

Rent Estimate

£1,540

Running Costs/mo

£1,234

Cashflow/mo

£306

Cashflow/yr

£3,669

ROI

4%

Gross Yield

6%













Local Rents

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

RentDateDistanceAddressBeds 
£1,65003/250.03 mi-3
£1,85001/250.03 mi-3
£1,70009/240.18 miSandringham Close, Stanford-Le-Hope3
£1,80003/250.26 mi-3
£1,45009/240.29 miMonks Haven, Stanford-Le-Hope3
£1,65002/250.31 mi-3
£1,85002/250.39 mi-3
£1,70012/240.45 mi-3
£1,65012/240.48 mi-3
£1,80002/250.62 mi-3
£1,75009/240.68 miBillet Lane, Stanford-Le-Hope3
£1,54009/240.7 miBurton Close, Corringham, Stanford-Le-Hope, SS173
£1,54009/240.7 mi-3
£1,70009/240.81 mi-3
£1,60010/240.82 mi-3
£1,55009/240.91 miFairview Avenue, Stanford-Le-Hope , SS173
£1,80002/251 mi-3
£1,75002/251.01 mi-3
£1,75009/241.04 miProspect Avenue, Stanford-le-hope3
£1,60009/241.09 miSt Margarets Avenue, Stanford Le Hope3
£1,80009/241.23 miWentworth Road, Stanford-Le-Hope, Essex, SS173

Local Area Statistics

Population in SS17

32,518

Town centre distance

0.56 miles away

Nearest school

0.30 miles away

Nearest train station

0.84 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £290,000

September 18, 2024

Sold for £180,000

2021

Floor Plans

Description

  • Spacious Terraced Property +
  • 3 Good Size Bedrooms +
  • Lounge +
  • Fitted Kitchen / Breakfast Room +
  • Bathroom / w.c. +
  • Double Glazing +
  • Gas Central Heating +
  • Garage To Rear +
  • Driveway To Front +
  • No Onward Chain +

--GUIDE PRICE--£290,000-£300,000--Offered for sale with no onward chain is this spacious 3 bedroom terraced property. Benefits include a lounge, fitted kitchen / breakfast room, bathroom, rear garden, garage, driveway to front and double glazing. Internal viewings recommended. Sought after cul de sac setting.

Entrance Hall; Approached via opaque double glazed door to front. Stairs leading to first floor landing. Fitted storage cupboard. Laminated flooring. Radiator.

Lounge; 14'6 x 11'6 Double glazed window to front. Laminated flooring. Coved ceiling. Radiator.

Fitted Kitchen / Breakfast Room; 17'6 x 10'8 >7'7 Double glazed double doors leading to rear garden. Double glazed window to rear. Range of fitted units with sink unit and drainer. Oven hob and extractor fan. Concealed boiler. Coved ceiling. Radiator.

Landing; Fitted airing cupboard. Access to loft.

Bedroom 1; 13'2 x 11'5 >8'8 Double glazed window to front. Fitted wardrobes. Radiator.

Bedroom 2; 12'2 x 11'4 >8'7 Double glazed window to rear. Radiator.

Bedroom 3; 10'2 >9'3 x 8'8 Double glazed window to front. Radiator.

Bathroom; Opaque double glazed window to rear. Panelled bath with shower above. Wash hand basin. Low level w.c. Heated towel rail. Tiled walls. Spot lights.

Front Garden; Pathway to entrance hall. Driveway to front with shingled area. Large storage rooms.

Rear Garden; Paved area. Rear access.

Garage; Approached via the rear. Up and over door.

Agent Details

Grant Allen Estate Agents, Grays

01375 390029

Next Steps?

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

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