2 Bed Flat, Single Let, Benfleet, SS7 1AX, £250,000

London Road, Benfleet, SS7 1AX - 5 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~65 m²
+6 photos

ValuationOvervalued

Sold Prices£145K - £410K
Sold Prices/m²£1.7K/m² - £4.5K/m²

 

 

Square Metres

~64.90 m²
Price/m²£3.9K/m²

Value Estimate

£235,669

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Total Cash In

£76,200

 

 

Cash Out

 

Rent Range

£875 - £1,430

Rent Estimate

£1,100

Running Costs/mo

£1,021

Cashflow/mo

£79

Cashflow/yr

£945

ROI

1%

Gross Yield

5%

Local Sold Prices

23 sold prices from £145K to £410K, average is £222K. £1.7K/m² to £4.5K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£232.5K01/240.32 mi143a, Chesterfield Avenue, Benfleet, Essex SS7 3HW2
£222K11/200.43 mi34, Kenneth Road, Benfleet, Essex SS7 3AT2
£410K06/210.5 mi174, Kimberley Road, Benfleet, Essex SS7 1DR2
£238.5K08/210.58 mi5b, Clarence Road, Benfleet, Essex SS7 1DE2
£232K07/230.61 miFlat 8, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£145K08/230.61 miFlat 13, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£190K01/210.61 miFlat 18, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£207.5K12/230.61 miFlat 2, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£170K02/240.63 miWillow Lodge, Flat 18, Hart Road, Thundersley, Benfleet, Essex SS7 3PQ2
£235K04/210.65 mi4d, Kennington Avenue, Benfleet, Essex SS7 4BS2
£225K09/230.68 miFlat 15, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG2
£216.5K06/230.74 miFlat 1, Aston Place, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£208K11/200.74 miFlat 8, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£205K11/210.74 miFlat 14, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£240K04/240.74 miAston Place, Flat 14, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£210K10/200.77 mi18b, South View Road, Benfleet, Essex SS7 5NA2
£173K11/230.86 mi225a, High Road, Benfleet, Essex SS7 5HZ2
£250K07/230.87 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£230K02/210.87 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£235K03/210.91 miFlat 13, Richmond Court, Richmond Avenue, Benfleet, Essex SS7 5EY2
£185K02/230.97 miFlat 41, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG2
£235K11/220.98 mi36, Merrivale, Benfleet, Essex SS7 5HH2
£202K05/210.98 mi18, Merrivale, Benfleet, Essex SS7 5HH2

Local Rents

11 rents from £875/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,43012/240.01 mi-2
£1,40003/250.01 mi-2
£1,30005/240.02 mi-2
£1,30009/240.02 miLondon Road, Benfleet, SS72
£1,40012/230.49 mi-2
£1,30009/240.57 mi-2
£1,35009/240.57 mi-2
£1,20004/240.57 mi-2
£1,10007/230.57 mi-2
£1,10006/230.57 mi-2
£87505/240.61 mi-2

Local Area Statistics

Population in SS7

49,121

Town centre distance

0.73 miles away

Nearest school

0.40 miles away

Nearest train station

1.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £250,000

December 28, 2024

Listed for £260,000

November 1, 2024

Floor Plans

Description

  • Ground Floor Two Bedroom Apartment +
  • Spacious Lounge/Kitchen Area +
  • Two Double Bedrooms +
  • Two En-Suites +
  • Allocated Parking Space +
  • Local Amenities Nearby +
  • Short Distance To Benfleet Station +
  • Long Lease Length +
  • Perfect For First Time Buyer Or Property Investor +
  • Easy Access To A13 +

LONG LEASEGUIDE PRICE £250,000 - £260,000 **
Situated in Benfleet, Essex, this modern ground floor flat is a true gem waiting to be discovered. Boasting not just one, but two double bedrooms, this property is perfect for those seeking a comfortable and modern living space.

As you step inside, you are greeted by a spacious lounge that seamlessly flows into a modern open-plan kitchen. The kitchen is equipped with a breakfast bar and integrated hob, oven, and extractor.

The main bedroom is a true sanctuary with its generous size and contemporary shower ensuite that is tiled from floor to ceiling, adding a touch of luxury to your daily routine. The second double bedroom also features a convenient shower ensuite, ensuring that comfort and convenience are top priorities in this home.

Located just a stone's throw away from local amenities, this property offers the perfect blend of tranquillity and accessibility. With Benfleet Station a mere 10-minute drive away, commuting is a breeze for those working in the city.

Entrance Hallway - 5.31m x 2.95m (17'5 x 9'8) - Solid wooden door to entrance, carpet, radiator, storage cupboard housing boiler, phone entry system, pendant lighting.

Lounge/Kitchen - 6.83m x 3.48m (22'5 x 11'5) - Carpet flooring, radiator, double glazed window to side aspect, pendant lighting.
Kitchen - tiled flooring, base & wall units, tiled splashback, rolltop worksurface incorporating stainless steel sink & drainer, 4 point electric hob with extractor over, space for fridge/freezer, space and plumbing for washing machine, spotlight lighting.

Bedroom 1 - 4.09m x 3.28m (13'5 x 10'9) - Carpet flooring, radiator, double glazed window to side aspect, pendant lighting.

En-Suite - 2.16m x 1.42m (7'1 x 4'8) - Tiled flooring, heated towel rail. tiled walls, shower cubicle, hand basin, W/C, extractor, spotlight lighting.

Bedroom 2 - 5.11m x 2.92m (16'9 x 9'7) - Carpet flooring, radiator, double glazed window to side aspect, pendant lighting.

En-Suite - 2.03m x 1.42m (6'8 x 4'8) - Tiled flooring, heated towel rail, tiled walls, shower cubicle, hand basin, W/C, extractor, spotlight lighting.

W/C - 1.83m x 0.81m (6'0 x 2'8) - Tiled flooring, heated towel rail, tiled walls, hand basin, W/C, spotlight lighting.

Front Of Property & Parking - Communal gardens to entrance, allocated parking space.

Tenure - Leasehold
117 years remaining
Ground rent - Approx £300 per annum, paid every 6 months
Service charge - Approx £1000 per annum, paid every 6 months (includes buildings insurance)

Agent Details

Appointmoor Estates, Westcliff-On-Sea

01702 967991

Next Steps?

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