3 Bed Bungalow, Single Let, Canvey Island, SS8 8DE, £300,000

Kent Avenue, Canvey Island, SS8 8DE - 1 views - 5 months ago

BTL

ROI: 1%

~61 m²

+2 photos

ValuationOvervalued

Sold Prices	£220K - £467.5K
Sold Prices/m²	£2.3K/m² - £4.7K/m²

Square Metres	~61.22 m²
Price/m²	£4.9K/m²
Value Estimate	£217,880£217,880

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£75,000£75,000
Stamp Duty & Legal Fees	£18,700£18,700
Total Cash In	£93,700£93,700

Cash Out
Rent Range	£1,200 - £2,000£1,200 - £2,000
Rent Estimate	£1,300
Running Costs/mo	£1,218£1,218
Cashflow/mo	£83£83
Cashflow/yr	£990£990
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £220K to £467.5K, average is £316.5K. £2.3K/m² to £4.7K/m², average is £3.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£360K	04/23	0.02 mi	10, Kent Avenue, Canvey Island, Essex SS8 8DE	£4,186	86	3	Semi-Detached House
£342.5K	05/23	0.03 mi	2a, Wessem Road, Canvey Island, Essex SS8 8DF	-	-	3	Detached House
£310K	07/23	0.08 mi	10, Helden Avenue, Canvey Island, Essex SS8 8BZ	-	-	3	Detached House
£293.1K	01/24	0.09 mi	14, Spanbeek Road, Canvey Island, Essex SS8 8BP	£3,806	77	3	Semi-Detached House
£235K	05/21	0.1 mi	73, Central Wall Road, Canvey Island, Essex SS8 9PJ	-	-	3	Terraced House
£275K	12/20	0.1 mi	71, Central Wall Road, Canvey Island, Essex SS8 9PJ	£3,526	78	3	Semi-Detached House
£348K	06/21	0.13 mi	2, Linne Road, Canvey Island, Essex SS8 8BX	£3,910	89	3	Semi-Detached House
£345K	11/21	0.14 mi	8, Cropenburg Walk, Canvey Island, Essex SS8 9UZ	£3,420	101	3	Semi-Detached House
£267K	11/20	0.14 mi	6, Farm Road, Canvey Island, Essex SS8 9PG	£3,423	78	3	Terraced House
£275K	12/20	0.16 mi	98, Harvest Road, Canvey Island, Essex SS8 9YQ	£3,263	84	3	Semi-Detached House
£265K	08/21	0.16 mi	102, Harvest Road, Canvey Island, Essex SS8 9YQ	-	-	3	Terraced House
£275K	09/21	0.17 mi	4, Genk Close, Canvey Island, Essex SS8 9UY	£3,571	77	3	Terraced House
£362.5K	06/23	0.17 mi	125, Harvest Road, Canvey Island, Essex SS8 9YG	-	-	3	Terraced House
£285K	03/21	0.18 mi	111, Harvest Road, Canvey Island, Essex SS8 9YF	£3,032	94	3	Terraced House
£275K	04/21	0.19 mi	7, Harrow Road, Canvey Island, Essex SS8 9YS	£3,354	82	3	Semi-Detached House
£318K	02/21	0.2 mi	8, Harvest Road, Canvey Island, Essex SS8 9PD	£2,338	136	3	Detached House
£335K	06/21	0.2 mi	31, Harvest Road, Canvey Island, Essex SS8 9PD	-	-	3	Detached House
£340K	11/20	0.21 mi	19, Dewyk Road, Canvey Island, Essex SS8 8BD	£3,333	102	3	Detached House
£330K	04/24	0.21 mi	22, Dewyk Road, Canvey Island, Essex SS8 8BD	£4,467	74	3	Bungalow
£315K	01/23	0.21 mi	24, Hilversum Way, Canvey Island, Essex SS8 9UR	-	-	3	Semi-Detached House
£305K	09/21	0.21 mi	25, Hilversum Way, Canvey Island, Essex SS8 9UR	£3,547	86	3	Semi-Detached House
£252K	04/21	0.21 mi	36, Hilversum Way, Canvey Island, Essex SS8 9UR	-	-	3	Terraced House
£300K	12/23	0.21 mi	36, Hilversum Way, Canvey Island, Essex SS8 9UR	£4,225	71	3	Terraced House
£288K	06/23	0.23 mi	12, Central Wall Road, Canvey Island, Essex SS8 9PQ	-	-	3	Semi-Detached House
£240K	12/20	0.25 mi	7, Hilton Walk, Canvey Island, Essex SS8 9XZ	£2,667	90	3	Terraced House
£335K	12/20	0.26 mi	25a, Larup Avenue, Canvey Island, Essex SS8 8AJ	-	-	3	Detached House
£375K	09/23	0.26 mi	3, Miltsin Avenue, Canvey Island, Essex SS8 8EE	£3,074	122	3	Detached House
£325K	12/21	0.27 mi	Polperro, Lakeside Path, Canvey Island, Essex SS8 9PB	-	-	3	Semi-Detached House
£467.5K	04/23	0.29 mi	6, Lede Road, Canvey Island, Essex SS8 9AY	-	-	3	Semi-Detached House
£255K	01/21	0.29 mi	115, Hilton Road, Canvey Island, Essex SS8 9XS	£3,110	82	3	Terraced House
£272K	01/21	0.3 mi	17, Dorset Way, Canvey Island, Essex SS8 9XF	£3,277	83	3	Semi-Detached House
£365K	03/23	0.31 mi	158, Thisselt Road, Canvey Island, Essex SS8 9BL	£4,101	89	3	Semi-Detached House
£240K	12/20	0.33 mi	3, The Witterings, Canvey Island, Essex SS8 9XJ	£3,380	71	3	Terraced House
£315K	04/23	0.33 mi	2, The Witterings, Canvey Island, Essex SS8 9XJ	£2,540	124	3	Terraced House
£300K	12/20	0.34 mi	120, Lakeside Path, Canvey Island, Essex SS8 9RX	£3,750	80	3	Semi-Detached House
£297K	05/21	0.35 mi	8, Amid Road, Canvey Island, Essex SS8 8EB	£3,094	96	3	Semi-Detached House
£325K	08/23	0.35 mi	20, Delfzul Road, Canvey Island, Essex SS8 9AS	£3,869	84	3	Detached House
£220K	07/21	0.36 mi	15, Letzen Road, Canvey Island, Essex SS8 9AW	£3,254	68	3	Semi-Detached House
£385K	03/23	0.38 mi	9, Nevada Road, Canvey Island, Essex SS8 8EX	£4,477	86	3	Detached House
£370K	01/23	0.38 mi	2, Sussex Way, Canvey Island, Essex SS8 9XE	£4,022	92	3	Semi-Detached House
£330K	09/21	0.39 mi	35, Metz Avenue, Canvey Island, Essex SS8 9AX	-	-	3	Detached House
£340K	09/21	0.39 mi	45, Paarl Road, Canvey Island, Essex SS8 9BT	£4,096	83	3	Semi-Detached House
£340K	08/21	0.39 mi	47, Paarl Road, Canvey Island, Essex SS8 9BT	£4,096	83	3	Detached House
£328K	02/24	0.4 mi	133, Hilton Road, Canvey Island, Essex SS8 9XP	£3,727	88	3	Terraced House
£325K	03/21	0.41 mi	6, Delft Road, Canvey Island, Essex SS8 9BB	-	-	3	Detached House
£355K	12/22	0.41 mi	34b, Mornington Road, Canvey Island, Essex SS8 8DU	£4,329	82	3	Semi-Detached House
£305K	01/21	0.42 mi	18, Waarem Avenue, Canvey Island, Essex SS8 9DS	£3,861	79	3	Detached House
£350K	12/23	0.42 mi	25, Waarem Avenue, Canvey Island, Essex SS8 9DS	£4,730	74	3	Detached House
£305K	02/24	0.43 mi	10, Grove Road, Canvey Island, Essex SS8 8DS	-	-	3	Semi-Detached House
£365K	02/23	0.43 mi	71, Thelma Avenue, Canvey Island, Essex SS8 9AN	-	-	3	Detached House

Local Rents

16 rents from £1.2K/mo to £2K/mo, average is £1.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,900	04/25	0.17 mi	-	3	Detached House
£1,400	01/25	0.39 mi	-	3	Terraced House
£1,300	09/24	0.79 mi	Stanford Road, Canvey Island	3	Flat
£1,775	02/25	0.85 mi	-	3	Semi-Detached House
£1,200	09/24	0.89 mi	San Remo Road, Canvey Island, Essex	3	Flat
£1,650	03/25	0.91 mi	-	3	Bungalow
£1,550	04/25	0.94 mi	-	3	Semi-Detached House
£1,500	09/24	0.94 mi	-	3	Detached House
£1,600	01/25	0.94 mi	-	3	Detached House
£1,700	01/25	0.98 mi	-	3	Semi-Detached House
£1,395	09/24	1.05 mi	-	3	Terraced House
£1,500	09/24	1.11 mi	-	3	Terraced House
£1,350	02/24	1.13 mi	-	3	Flat
£2,000	09/24	1.16 mi	Hawkesbury Road, Canvey Island	3	Flat
£1,350	09/24	1.18 mi	3 bedroom Terraced House in Canvey Island	3	Terraced House
£1,300	09/24	1.19 mi	Second Avenue, Canvey Island	3	Flat

Local Area Statistics

Population in SS8	38,13438,134
Population in Canvey Island	38,13838,138
Town centre distance	0.33 miles away0.33 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	1.66 miles away1.66 miles away

Rental growth (12m)	+72%+72%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+21%+21%

Property History

Price changed to £300,000

January 15, 2025

Listed for £320,000

November 14, 2024

Floor Plans

Description

PRIME LOCATION +
THREE BEDROOM BUNGALOW +
LARGE WEST FACING GARDEN +
EXTENSION TO REAR +
GOOD SIZE KITCHEN +
THREE PEICE BATHROOM +
NO THROUGH ROAD +
COUNCIL TAX BAND: B +

Located on Kent Avenue, this bungalow offers a convenient and comfortable lifestyle on Canvey Island. With three bedrooms and one bathroom, it’s ideal for those seeking a manageable living space.

Canvey Island is well-regarded for its community feel and local amenities. The area boasts nearby parks and coastal walks, perfect for leisurely weekends. Residents can also benefit from local schools and easy access to public transport links, making it suitable for both families and commuters.

This bungalow represents an excellent opportunity for buyers seeking an affordable home in a desirable area. With its straightforward layout and prime location, it’s likely to attract interest quickly. Contact us today on to learn more about this property on Kent Avenue.