2 Bed Flat, Single Let, Benfleet, SS7 1FQ, £270,000

Catherine Road, Benfleet, SS7 1FQ - 12 views - 4 months ago

Leasehold
BTL
~68 m²
+8 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£247,329

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£11,100

Total Cash In

£78,600

 

 

Cash Out

 

Rent Range

£1,100 - £1,430

Rent Estimate

£1,113

Running Costs/mo

£1,086

Cashflow/mo

£27

Cashflow/yr

£320

ROI

0%

Gross Yield

5%

Local Sold Prices

22 sold prices from £145K to £410K, average is £223.5K. £1.7K/m² to £4.5K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£232.5K01/240.35 mi143a, Chesterfield Avenue, Benfleet, Essex SS7 3HW2
£222K11/200.41 mi34, Kenneth Road, Benfleet, Essex SS7 3AT2
£410K06/210.5 mi174, Kimberley Road, Benfleet, Essex SS7 1DR2
£238.5K08/210.57 mi5b, Clarence Road, Benfleet, Essex SS7 1DE2
£170K02/240.6 miWillow Lodge, Flat 18, Hart Road, Thundersley, Benfleet, Essex SS7 3PQ2
£232K07/230.65 miFlat 8, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£145K08/230.65 miFlat 13, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£190K01/210.65 miFlat 18, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£207.5K12/230.65 miFlat 2, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£235K04/210.7 mi4d, Kennington Avenue, Benfleet, Essex SS7 4BS2
£216.5K06/230.72 miFlat 1, Aston Place, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£208K11/200.72 miFlat 8, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£205K11/210.72 miFlat 14, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£240K04/240.72 miAston Place, Flat 14, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£225K09/230.72 miFlat 15, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG2
£210K10/200.78 mi18b, South View Road, Benfleet, Essex SS7 5NA2
£173K11/230.85 mi225a, High Road, Benfleet, Essex SS7 5HZ2
£235K03/210.92 miFlat 13, Richmond Court, Richmond Avenue, Benfleet, Essex SS7 5EY2
£250K07/230.92 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£230K02/210.92 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£235K11/220.99 mi36, Merrivale, Benfleet, Essex SS7 5HH2
£202K05/210.99 mi18, Merrivale, Benfleet, Essex SS7 5HH2

Local Rents

10 rents from £1.1K/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,43012/240.04 mi-2
£1,40003/250.04 mi-2
£1,30005/240.06 mi-2
£1,30009/240.06 miLondon Road, Benfleet, SS72
£1,40012/230.54 mi-2
£1,30009/240.62 mi-2
£1,35009/240.62 mi-2
£1,20004/240.62 mi-2
£1,10007/230.62 mi-2
£1,10006/230.62 mi-2

Local Area Statistics

Population in SS7

49,121

Town centre distance

0.69 miles away

Nearest school

0.30 miles away

Nearest train station

1.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £270,000

March 16, 2025

Listed for £280,000

December 2, 2024

Description

  • Two Bedroom Apartment +
  • £280,000 - £290,000 +
  • Sought After Development +
  • Built In 2017 +
  • Great Condition Throughout +
  • Long Lease +
  • En-Suite +
  • Close To Shops And Main Routes +
  • Tax Band C +

Located on Catherine Road in Benfleet, this two-bedroom apartment offers a convenient lifestyle with its proximity to local amenities. The property, built in 2017, features a well-maintained interior and an en-suite bathroom for added comfort. With a long lease and positioned in a sought-after development, it provides a promising investment for potential buyers.

The apartment is within easy reach of main routes, making commuting straightforward for residents. Benfleet itself is well-connected, providing access to various transport links and local attractions. Nearby shops add to the convenience, ensuring that daily necessities are always close at hand.

Priced between £280,000 and £290,000, this property falls within Council Tax Band C, offering affordability for those looking to enter the property market or downsize. The apartment's appealing features and location make it an attractive option for many buyers. Don't miss out on this opportunity—contact us today to learn more.

Agent Details

Fisks Ltd, Benfleet

01268 203388

Next Steps?

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