2 Bed Flat, Single Let, Benfleet, SS7 2BG, £240,000





ValuationOvervalued
Sold Prices | £120K - £450K |
Sold Prices/m² | £1.6K/m² - £4.8K/m² |
| |
Square Metres | 59.15 m² |
Price/m² | £4.1K/m² |
Value Estimate | £185,233 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £60,000 |
Stamp Duty & Legal Fees | £8,400 |
Total Cash In | £68,400 |
| |
Cash Out | |
Rent Range | £950 - £1,700 |
Rent Estimate | £1,075 |
Running Costs/mo | £985 |
Cashflow/mo | £90 |
Cashflow/yr | £1,080 |
ROI | 2% |
Gross Yield | 5% |
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
18 rents from £950/mo to £1.7K/mo, average is £1.4K/mo.
Local Area Statistics
Population in SS7 | 49,121 |
Town centre distance | 1.48 miles away |
Nearest school | 0.20 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
Listed for £240,000
November 12, 2024
Sold for £205,000
2021
Sold for £195,000
2018
Sold for £159,000
2006
Sold for £144,250
2004
Floor Plans

Description
Similar Properties
Like this property? Maybe you'll like these ones close by too.
2 Bed Flat, Single Let, Benfleet, SS7 2BF
£220,000
2 views • 4 months ago • 68 m²
2 Bed Flat, Single Let, Benfleet, SS7 2BF
£225,000
3 views • 4 months ago • 68 m²
2 Bed Flat, Single Let, Benfleet, SS7 2BF
£225,000
3 views • 7 months ago • 115 m²
2 Bed Flat, Planning Permission, Benfleet, SS7 2BF
£230,000
6 months ago • 56 m²