2 Bed Flat, Single Let, Benfleet, SS7 2BG, £230,000





ValuationOvervalued
Sold Prices | £120K - £450K |
Sold Prices/m² | £1.6K/m² - £4.8K/m² |
| |
Square Metres | 59.15 m² |
Price/m² | £3.9K/m² |
Value Estimate | £185,233 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £57,500 |
Stamp Duty & Legal Fees | £8,100 |
Total Cash In | £65,600 |
| |
Cash Out | |
Rent Range | £950 - £1,700 |
Rent Estimate | £1,088 |
Running Costs/mo | £956 |
Cashflow/mo | £132 |
Cashflow/yr | £1,580 |
ROI | 2% |
Gross Yield | 6% |
Local Sold Prices
33 sold prices from £120K to £450K, average is £220K. £1.6K/m² to £4.8K/m², average is £3.1K/m².
Local Rents
19 rents from £950/mo to £1.7K/mo, average is £1.4K/mo.
Local Area Statistics
Population in SS7 | 49,121 |
Town centre distance | 1.42 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.47 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +6% |
Sales demand | Balanced market |
Capital growth (5yrs) | +16% |
Property History
Listed for £230,000
October 16, 2024
Sold for £205,000
2021
Sold for £200,000
2017
Sold for £137,500
2013
Sold for £189,000
2006
Sold for £158,500
2005
Floor Plans

Description
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