3 Bed Terraced House, Planning Permission, Stanford-le-Hope, SS17 9DF, £325,000

28 Larkswood Road, Stanford-le-hope, Thurrock, SS17 9DF - 1 views - 3 months ago

Sold STC
Planning
ROI: 2%
84 m²
+11 photos

ValuationUndervalued

Sold Prices£285K - £555K
Sold Prices/m²£3.3K/m² - £7.5K/m²

 

 

Square Metres

84 m²
Price/m²£3.9K/m²

Value Estimate

£357,000
BMV2%

 

 

End Value (After Refurb)

£354,545

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£41,548

Bridging Loan Interest

£8,531

Total Cash In

£149,780

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£354,545

Mortgage (After Refinance)

£265,909

Mortgage LTV

75%

Cash Released

£22,159

Cash Left In

£127,621

Equity

£88,636

Rent Range

£1,450 - £1,850

Rent Estimate

£1,738

Running Costs/mo

£1,476

Cashflow/mo

£262

Cashflow/yr

£3,149

ROI

2%

Gross Yield

6%

Local Sold Prices

52 sold prices from £285K to £555K, average is £382.5K. £3.3K/m² to £7.5K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£348K12/220.03 mi59, Larkswood Road, Corringham, Stanford-le-hope, Thurrock SS17 9DF3
£315K08/210.03 mi46, Larkswood Road, Corringham, Stanford-le-hope, Thurrock SS17 9DF3
£295K08/210.03 mi80, Larkswood Road, Corringham, Stanford-le-hope, Thurrock SS17 9DF3
£340K10/230.03 mi42, Larkswood Road, Corringham, Stanford-le-hope, Thurrock SS17 9DF3
£375K08/230.03 mi23, Larkswood Road, Corringham, Stanford-le-hope, Thurrock SS17 9DF3
£450K03/210.11 mi15, Kenwood Road, Corringham, Stanford-le-hope, Thurrock SS17 9AY3
£500K03/210.11 mi7, Kenwood Road, Corringham, Stanford-le-hope, Thurrock SS17 9AY3
£285K12/200.13 mi16, Burrs Way, Corringham, Stanford-le-hope, Thurrock SS17 9DE3
£325K07/230.13 mi40, Burrs Way, Corringham, Stanford-le-hope, Thurrock SS17 9DE3
£365K07/230.13 mi25, Burrs Way, Corringham, Stanford-le-hope, Thurrock SS17 9DE3
£325K07/230.13 mi40, Burrs Way, Corringham, Stanford-le-hope, Thurrock SS17 9DE3
£365K07/230.13 mi25, Burrs Way, Corringham, Stanford-le-hope, Thurrock SS17 9DE3
£325K04/240.13 mi20, Burrs Way, Corringham, Stanford-le-hope, Thurrock SS17 9DE3
£435K10/230.14 mi1, Beechcombe, Corringham, Stanford-le-hope, Thurrock SS17 9DN3
£380K09/210.15 mi8, Sheldon Close, Corringham, Stanford-le-hope, Thurrock SS17 9DA3
£450K02/230.16 mi11, Recreation Avenue, Corringham, Stanford-le-hope, Thurrock SS17 9BZ3
£330K09/230.17 mi39, Fobbing Road, Corringham, Stanford-le-hope, Thurrock SS17 9BG3
£425K04/230.17 mi37, Kersbrooke Way, Corringham, Stanford-le-hope, Thurrock SS17 9EN3
£425K07/210.18 mi14, Lampits Hill, Corringham, Stanford-le-hope, Thurrock SS17 9AN3
£360K01/230.18 mi107, Digby Road, Corringham, Stanford-le-hope, Thurrock SS17 9BU3
£450K02/230.19 mi134, Digby Road, Corringham, Stanford-le-hope, Thurrock SS17 9BU3
£440K04/230.19 mi110, Digby Road, Corringham, Stanford-le-hope, Thurrock SS17 9BU3
£345K05/210.19 mi43, Elmstead Close, Corringham, Stanford-le-hope, Thurrock SS17 9EL3
£410K03/210.21 mi91, Lampits Hill, Corringham, Stanford-le-hope, Thurrock SS17 9AB3
£330K04/210.21 mi28, Woodbrooke Way, Corringham, Stanford-le-hope, Thurrock SS17 9DP3
£406.8K07/210.21 mi34, Woodbrooke Way, Corringham, Stanford-le-hope, Thurrock SS17 9DP3
£415K01/240.21 mi54, Woodbrooke Way, Corringham, Stanford-le-hope, Thurrock SS17 9DP3
£475K06/210.22 mi74, Digby Road, Corringham, Stanford-le-hope, Thurrock SS17 9BT3
£450K04/240.22 mi46, Digby Road, Corringham, Stanford-le-hope, Thurrock SS17 9BT3
£340K02/230.24 mi26, Digby Road, Corringham, Stanford-le-hope, Thurrock SS17 9BS3
£450K03/210.27 mi22, Central Avenue, Corringham, Stanford-le-hope, Thurrock SS17 7PH3
£525K03/230.28 mi1, Arundel Drive, Corringham, Stanford-le-hope, Thurrock SS17 7PG3
£450K03/210.28 mi9, Woodbrooke Way, Corringham, Stanford-le-hope, Thurrock SS17 9DR3
£320K06/210.3 mi3, Wheatley Road, Corringham, Stanford-le-hope, Thurrock SS17 9EQ3
£425K08/230.3 mi4, Wheatley Road, Corringham, Stanford-le-hope, Thurrock SS17 9EQ3
£347.5K03/210.31 mi64, Giffords Cross Road, Corringham, Stanford-le-hope, Thurrock SS17 7QQ3
£555K03/240.31 mi7, Balmoral Avenue, Corringham, Stanford-le-hope, Thurrock SS17 7PB3
£385K05/210.31 mi39, Ashway, Corringham, Stanford-le-hope, Thurrock SS17 9EB3
£430K11/200.31 mi43, Giffords Cross Avenue, Corringham, Stanford-le-hope, Thurrock SS17 7NH3
£360K06/210.31 mi51, Giffords Cross Avenue, Corringham, Stanford-le-hope, Thurrock SS17 7NH3
£370K11/200.31 mi112, Thames Crescent, Corringham, Stanford-le-hope, Thurrock SS17 9DZ3
£525K08/230.35 mi1, Lampits Lane, Corringham, Stanford-le-hope, Thurrock SS17 9AD3
£345K03/210.37 mi3, Montfort Avenue, Corringham, Stanford-le-hope, Thurrock SS17 7PP3
£528.5K08/210.37 mi2, Montfort Avenue, Corringham, Stanford-le-hope, Thurrock SS17 7PP3
£410K03/240.37 mi26, Pembroke Avenue, Corringham, Stanford-le-hope, Thurrock SS17 7PW3
£321K02/210.39 mi68, Wheatley Road, Corringham, Stanford-le-hope, Thurrock SS17 9EF3
£355K08/230.39 mi64, Wheatley Road, Corringham, Stanford-le-hope, Thurrock SS17 9EF3
£365K09/230.39 mi68, Wheatley Road, Corringham, Stanford-le-hope, Thurrock SS17 9EF3
£400K02/210.39 mi32, York Avenue, Corringham, Stanford-le-hope, Thurrock SS17 7NN3
£358K02/210.43 mi19a, Windsor Avenue, Corringham, Stanford-le-hope, Thurrock SS17 7NU3
£520K06/210.43 mi18, Windsor Avenue, Corringham, Stanford-le-hope, Thurrock SS17 7NU3
£535K02/230.48 mi48, Central Avenue, Corringham, Stanford-le-hope, Thurrock SS17 7NG3

Local Rents

11 rents from £1.4K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,60010/240.41 mi-3
£1,70009/240.48 mi-3
£1,54009/240.63 mi-3
£1,54009/240.63 miBurton Close, Corringham, Stanford-Le-Hope, SS173
£1,65012/240.74 mi-3
£1,70012/240.76 mi-3
£1,70009/241.03 miSandringham Close, Stanford-Le-Hope3
£1,85002/251.14 mi-3
£1,45009/241.16 miMonks Haven, Stanford-Le-Hope3
£1,85001/251.19 mi-3
£1,65003/251.24 mi-3

Local Area Statistics

Population in SS17

32,518

Town centre distance

0.77 miles away

Nearest school

0.30 miles away

Nearest train station

1.93 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £325,000

January 27, 2025

Listed for £350,000

December 26, 2024

Sold for £270,000

2019

Sold for £257,000

2016

Floor Plans

Description

  • THREE BEDROOMS +
  • END TERRACED HOUSE +
  • ENTRANCE PORCH +
  • KITCHEN DINER +
  • FIRST FLOOR BATHROOM +
  • GARAGE +
  • LOUNGE 17'6 X 15'8 +
  • CORNER POSITION +
  • SIDE ACCESS +
  • GAS CENTRAL HEATING +

We are pleased to offer to the market this spacious three bedroom end of terraced house in a corner position that is situated close to local shops and schools in a popular Old Corringham location. The property offers potential for side extension, is offered with no onward chain and an early viewing is recommended. The property benefits from gas central heating and Upvc double glazing and  features an entrance porch which opens to a nice sized open plan lounge  with door leading to fitted kitchen diner and kitchen/diner which offers a range of medium oak fitted base and wal mounted units with integrated oven, hob and extractor, with french doors from dining area to rear garden. To the first floor there is a landing with access to three goodsized bedrooms and bathroom with white suite comprising panelled bath with mixer tap and shower, pedestal wash hand basin and low level wc. To the exterior the rear garden has a patio and lawn and is bordered by fencing and brick walls. The property additionally has a side access offering potential for extension, subject to planning permission being granted. Additionally the property benefits a garage in block.

Agent Details

Connollys, Corringham

01375 803669

Next Steps?

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