4 Bed HMO, Basildon, SS16 4NT, £325,000

Dewsgreen, Basildon, Essex, SS16 4NT - 8 views - 6 months ago

Sold STC
HMO
ROI: 9%
~129 m²
+8 photos

ValuationUndervalued

Sold Prices£220K - £600K
Sold Prices/m²£2.3K/m² - £5.3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.5K/m²

Value Estimate

£399,750
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Room Rate

£711

Gross Rent

£2,844

Running Costs/mo

£2,103

Cashflow/mo

£741

Cashflow/yr

£8,894

ROI

9%

Gross Yield

11%

Local Sold Prices

50 sold prices from £220K to £600K, average is £395K. £2.3K/m² to £5.3K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£440K08/230.23 mi2, Highland Avenue, Basildon, Essex SS16 4DW4
£375K12/230.23 mi4, Highland Avenue, Basildon, Essex SS16 4DW4
£420K10/230.28 mi54, Paslowes, Basildon, Essex SS16 4LR4
£490K09/230.33 mi14, Mountview Close, Vange, Basildon, Essex SS16 4RN4
£420K08/210.35 mi55, Gordon Road, Basildon, Essex SS14 1PN4
£395K01/210.36 mi45, Gordon Road, Basildon, Essex SS14 1PN4
£325K09/230.37 mi30, Timbermans View, Basildon, Essex SS16 4UX4
£330K07/230.37 mi29, Timbermans View, Basildon, Essex SS16 4UX4
£275K10/200.38 mi3, Bellfield, Basildon, Essex SS16 4SX4
£337.5K12/230.38 mi3, Bellfield, Basildon, Essex SS16 4SX4
£425K06/230.38 mi49, The Greensted, Basildon, Essex SS14 1TD4
£500K10/230.4 mi8, Ramsay Drive, Basildon, Essex SS16 4RR4
£425K08/230.4 mi15a, Ramsay Drive, Basildon, Essex SS16 4RR4
£295K12/200.4 mi17, Rivertons, Basildon, Essex SS16 4UY4
£305K11/200.41 mi10, Gratmore Green, Basildon, Essex SS16 4SU4
£560K01/220.42 mi169, Timberlog Lane, Basildon, Essex SS14 1PJ4
£388K09/220.43 mi19, Feering Drive, Basildon, Essex SS14 1TG4
£582.5K04/210.43 mi25, Hillcrest View, Basildon, Essex SS16 4QU4
£600K03/230.43 mi16, Hillcrest View, Basildon, Essex SS16 4QU4
£432K09/210.43 mi173, Timberlog Lane, Basildon, Essex SS14 1PJ4
£505K02/230.47 mi38, Seaview Avenue, Basildon, Essex SS16 4QZ4
£490K03/230.47 mi15, Seaview Avenue, Basildon, Essex SS16 4QZ4
£345K03/240.53 mi125, Clayburn Circle, Basildon, Essex SS14 1PX4
£302K12/210.54 mi138, Gordon Road, Basildon, Essex SS14 1PR4
£340K01/240.54 mi133, Gordon Road, Basildon, Essex SS14 1PR4
£330K03/210.54 mi5, Beatty Lane, Basildon, Essex SS14 1QH4
£450K03/210.56 mi4, The Vale, Basildon, Essex SS16 4RL4
£450K12/220.56 mi25, The Vale, Basildon, Essex SS16 4RL4
£310K06/210.57 mi17, Deneway, Basildon, Essex SS16 4TJ4
£400K05/210.57 mi20, Leon Drive, Vange, Basildon, Essex SS16 4RJ4
£420K01/210.6 mi1, Angel Close, Basildon, Essex SS16 4RF4
£386K09/230.62 mi29, Colne Place, Basildon, Essex SS16 5UZ4
£395K08/230.62 mi27, Colne Place, Basildon, Essex SS16 5UZ4
£362K04/210.62 mi9, St Teresas Close, Basildon, Essex SS14 1SW4
£336K09/210.64 mi26, Spains Hall Place, Basildon, Essex SS16 5UR4
£515K06/210.66 mi15, Falcon Way, Basildon, Essex SS16 5JA4
£382.5K04/240.7 mi14, Waterville Drive, Vange, Basildon, Essex SS16 4TY4
£463K08/220.71 mi12, The Glade, Basildon, Essex SS16 5JE4
£365K04/230.72 mi37, Fairlop Gardens, Basildon, Essex SS14 1RE4
£420K10/230.73 mi70, Hockley Road, Basildon, Essex SS14 1RQ4
£300K03/210.73 mi30, Clickett End, Basildon, Essex SS14 1NG4
£517K09/230.76 mi16, Swallow Dale, Basildon, Essex SS16 5JF4
£385K03/240.77 mi54, Gun Hill Place, Basildon, Essex SS16 5UY4
£360K02/210.77 mi41, Gun Hill Place, Basildon, Essex SS16 5UY4
£345K03/210.77 mi47, Gun Hill Place, Basildon, Essex SS16 5UY4
£395K12/230.78 mi7, Gun Hill Place, Basildon, Essex SS16 5UX4
£480K06/210.81 mi55, Ravensdale, Basildon, Essex SS16 5HU4
£550K12/220.81 mi45, Ravensdale, Basildon, Essex SS16 5HU4
£460K03/230.81 mi40, Ravensdale, Basildon, Essex SS16 5HU4
£220K09/210.87 mi11, Steeplehall, Basildon, Essex SS13 3HP4

Local Area Statistics

Population in SS16

29,575

Population in Basildon

105,369

Town centre distance

0.88 miles away

Nearest school

0.10 miles away

Nearest train station

1 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+38%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £325,000

October 9, 2024

Sold for £130,000

2005

Floor Plans

Description

  • Four/Five Bedroom Family Home +
  • Two Bathrooms! +
  • Fully Double Glazed With Updated Combi Boiler +
  • Great Starter Home +
  • Fantastic BUY TO LET/HMO Investment Opportunity +
  • Paved Driveway +
  • Rear Garden +
  • Spacious Kitchen Diner 11'9 x 9'5 +
  • Lounge 13'4 x 10'1 +
  • Additional Family Room 10'9 x 9'7 +

Temme English are thrilled to offer this exceptionally spacious four/five bedroom family home profiting from full double glazing, updated combi boiler and paved driveway!

The ground floor accommodation consists of the welcoming porch, entrance hallway with shower room, large kitchen diner, lounge and additional family room which could be used as a fifth bedroom.

Upstairs provides the modern bathroom suite and four well proportioned bedrooms.

This generous home has plenty of storage and space for the whole family! It would also be suitable for investment either as a traditional buy to let or HMO!

Externally there is a back garden with rear access, paved driveway and plenty of communal parking options nearby.

Located close to local shops and parkland whilst giving great access to the A13 viewings are strongly advised!

Four/Five Bedroom Family Home
Two Bathrooms!
Fully Double Glazed With Updated Combi Boiler
Great Starter Home
Fantastic BUY TO LET/HMO Investment Opportunity
Paved Driveway
Rear Garden
Spacious Kitchen Diner 11'9 x 9'5
Lounge 13'4 x 10'1
Additional Family Room 10'9 x 9'7
Main Bedroom 10'7 x 10'1
Bedroom Two 9'7 x 9'3
Bedroom Three 10'1 x 7'4, Bedroom Four 9'7 x 6'7
Ground Floor Shower Room
Family Bathroom

Council Tax Band - B (£1,680) Per Year
EPC RATING - D

Agent Details

Temme English, Basildon

01268 207222

Next Steps?

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