3 Bed House, Single Let, Benfleet, SS7 1DL, £280,000

227 High Road, Benfleet, Essex, SS7 5HZ - 6 months ago

BTL
ROI: 4%
~94 m²
+13 photos

ValuationUndervalued

Sold Prices£272K - £540K
Sold Prices/m²£3.2K/m² - £6.3K/m²

 

 

Square Metres

~94.10 m²
Price/m²£3K/m²

Value Estimate

£336,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£16,700

Total Cash In

£86,700

 

 

Cash Out

 

Rent Range

£1,450 - £2,200

Rent Estimate

£1,513

Running Costs/mo

£1,198

Cashflow/mo

£315

Cashflow/yr

£3,785

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £272K to £540K, average is £380.5K. £3.2K/m² to £6.3K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£335K09/210.09 mi10, Felstead Close, Benfleet, Essex SS7 1BX3
£375K10/210.1 mi90, Clifton Avenue, Benfleet, Essex SS7 5QU3
£377.5K07/230.11 mi7, Clifton Close, Benfleet, Essex SS7 1DJ3
£415K04/210.14 mi10, Oakleighs, Benfleet, Essex SS7 5QT3
£425K08/230.14 mi101, Kimberley Road, Benfleet, Essex SS7 5NH3
£350K11/230.14 mi129, Kimberley Road, Benfleet, Essex SS7 5NH3
£380K06/210.17 mi173, Oakfield Road, Benfleet, Essex SS7 1DT3
£405K12/200.17 mi193a, Oakfield Road, Benfleet, Essex SS7 1DT3
£430K04/230.2 mi130, Oakfield Road, Benfleet, Essex SS7 5NN3
£325K12/230.21 mi3, Denesmere, Benfleet, Essex SS7 5QS3
£367K03/210.21 mi31, Holtynge, Benfleet, Essex SS7 5QH3
£540K01/230.21 mi72, Clarence Road, Benfleet, Essex SS7 1DB3
£405K01/240.26 mi22, Bowers Road, Benfleet, Essex SS7 5PZ3
£357K11/200.26 mi98, Cumberland Avenue, Benfleet, Essex SS7 5PA3
£369.5K01/240.3 mi34, Kents Hill Road, Benfleet, Essex SS7 5PL3
£400K02/230.31 mi53, Gifford Road, Benfleet, Essex SS7 5XX3
£381K01/210.33 mi129, Thundersley Park Road, Benfleet, Essex SS7 1EL3
£355K01/240.34 mi19, Lea Road, Benfleet, Essex SS7 5UU3
£280K07/210.34 mi62, Felstead Road, Benfleet, Essex SS7 1BJ3
£435K09/210.34 mi331, Kents Hill Road, Benfleet, Essex SS7 5XT3
£400K09/230.34 mi319, Kents Hill Road, Benfleet, Essex SS7 5XT3
£457.5K04/230.34 mi148, Thundersley Park Road, Benfleet, Essex SS7 1EN3
£425K12/200.35 mi6, Clifton Avenue, Benfleet, Essex SS7 5QG3
£420K02/210.35 mi50, Downer Road, Benfleet, Essex SS7 1BQ3
£390K03/240.35 mi25, Downer Road, Benfleet, Essex SS7 1BQ3
£450K10/230.36 mi39, Thundersley Park Road, Benfleet, Essex SS7 1EG3
£315K11/230.36 mi11, Thundersley Park Road, Benfleet, Essex SS7 1EG3
£450K01/240.36 mi57, Thundersley Park Road, Benfleet, Essex SS7 1EG3
£425K02/230.36 mi61, Gifford Road, Benfleet, Essex SS7 5XX3
£380K09/210.37 mi47, Croft Road, Benfleet, Essex SS7 5RL3
£340K05/210.38 mi3, Wincoat Close, Benfleet, Essex SS7 5AJ3
£426K09/230.39 mi42, Hill Road, Benfleet, Essex SS7 1HL3
£337.5K03/210.4 mi10, St Clements Crescent, Benfleet, Essex SS7 5XE3
£475K01/240.42 mi37, Stanway Road, Benfleet, Essex SS7 5UX3
£335K01/230.43 mi11, St Clements Close, Benfleet, Essex SS7 5XF3
£350K12/200.43 mi78, Grove Road, Benfleet, Essex SS7 1JJ3
£272K03/210.44 mi6, St Clements Close, Benfleet, Essex SS7 5XF3
£322K06/210.45 mi11, Croft Road, Benfleet, Essex SS7 5RQ3
£320K06/210.48 mi309, London Road, Benfleet, Essex SS7 5XP3
£415K06/210.48 mi15, Southwell Road, Benfleet, Essex SS7 1JB3
£384K11/200.49 mi45, Underhill Road, Benfleet, Essex SS7 1EP3
£425K01/230.49 mi84, Southwold Crescent, Benfleet, Essex SS7 5SR3
£445K02/230.5 mi14, Greenoaks Close, Benfleet, Essex SS7 1HQ3
£400K10/230.5 mi21, Thundersley Church Road, Benfleet, Essex SS7 3ES3
£360K01/240.5 mi24, Stanley Road, Benfleet, Essex SS7 3EL3
£410K08/230.5 mi7, Stanley Road, Benfleet, Essex SS7 3EL3
£365K12/210.51 mi593, High Road, Benfleet, Essex SS7 5RZ3
£375K11/210.52 mi6, Downer Road North, Benfleet, Essex SS7 3EG3
£332K05/230.52 mi25, Hatley Gardens, Benfleet, Essex SS7 5ST3
£325K04/210.53 mi19, Benfleet Park Road, Benfleet, Essex SS7 5HG3

Local Rents

12 rents from £1.4K/mo to £2.2K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,70009/240.12 miClifton Avenue, Benfleet3
£1,60009/240.2 miClarence Road, Benfleet3
£1,60001/240.34 mi-3
£1,60009/240.35 miHalle Mews Benfleet, Essex3
£1,85009/240.42 miGrove Road, Benfleet3
£1,55005/230.42 mi-3
£1,55005/230.44 mi-3
£1,50009/240.45 miHigh Road, Benfleet3
£2,20010/230.5 mi-3
£1,45008/230.53 mi-3
£1,45008/230.53 mi-3
£1,60010/240.53 mi-3

Local Area Statistics

Population in SS7

49,121

Town centre distance

1.10 miles away

Nearest school

0.10 miles away

Nearest train station

1.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £280,000

September 25, 2024

Floor Plans

Description

  • 3 Bedroom House +
  • Ideal for first-time buyers or families looking to enter the property market +
  • Downstairs WC, kitchen, dining room, and spacious living room +
  • Rear garden with access to the garage +
  • Excellent location near Kents Hill Infant & Junior School, main roads, and shops +
  • Walking distance to Benfleet Station with nearby bus routes +
  • Double glazing +
  • Keys held for viewings +
  • No onward chain +

Guide Price: £280,000 - £300,000

This property is perfect for first-time buyers or families eager to step onto the property ladder. The accommodation includes a welcoming hallway with ample storage, a downstairs WC, a kitchen, dining room, and a spacious living room leading to a large rear garden, with access to the garage.

Upstairs, there are three generously sized bedrooms and a family bathroom.

The location is excellent, just a stone’s throw from Kents Hill Infant & Junior School, with easy access to main roads, shops, bus routes, and within walking distance to Benfleet Station.

Property Details - Entrance Hall
15'3" x 8'11" (4.65m x 2.72m)

WC
5'2" x 2'11" (1.58m x 0.89m)

Kitchen
9'8" x 7'8" (2.97m x 2.36m)

Dining Room
9'9" x 11'10" (2.98m x 3.62m)

Living Room
11'9" x 10'9" (3.59m x 3.30m)

Landing
3'10" x 6'7" (1.17m x 2.01m)

Bedroom 1
9'9" x 6'11" (2.99m x 2.11m)

Bedroom 2
9'10" x 12'9" (3.01m x 3.90m)

Bedroom 3
11'10" x 10'9" (3.63m x 3.30m)

Bathroom
7'10" x 5'9" (2.41m x 1.77m)

Garden

Agent Details

Aspire Estate Agents, Benfleet

01268 203954

Next Steps?

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