2 Bed Flat, Single Let, Benfleet, SS7 4EQ, £240,000

Clare Road, Benfleet, SS7 4EQ - 3 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£99K - £410K
Sold Prices/m²£1.6K/m² - £5.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£234,788

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

£875 - £1,550

Rent Estimate

£1,100

Running Costs/mo

£990

Cashflow/mo

£110

Cashflow/yr

£1,320

ROI

2%

Gross Yield

6%

Local Sold Prices

51 sold prices from £99K to £410K, average is £210K. £1.6K/m² to £5.6K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£185K02/230.06 miFlat 41, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG2
£230K02/210.16 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£250K07/230.16 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£225K09/230.36 miFlat 15, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG2
£235K04/210.42 mi4d, Kennington Avenue, Benfleet, Essex SS7 4BS2
£190K01/210.44 miFlat 18, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£232K07/230.44 miFlat 8, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£145K08/230.44 miFlat 13, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£207.5K12/230.44 miFlat 2, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£220K08/210.48 mi20, Muirway, Benfleet, Essex SS7 4LS2
£210K10/200.94 mi18b, South View Road, Benfleet, Essex SS7 5NA2
£232.5K01/240.99 mi143a, Chesterfield Avenue, Benfleet, Essex SS7 3HW2
£410K06/211.01 mi174, Kimberley Road, Benfleet, Essex SS7 1DR2
£202K05/211.08 mi18, Merrivale, Benfleet, Essex SS7 5HH2
£235K11/221.08 mi36, Merrivale, Benfleet, Essex SS7 5HH2
£235K03/211.14 miFlat 13, Richmond Court, Richmond Avenue, Benfleet, Essex SS7 5EY2
£238.5K08/211.16 mi5b, Clarence Road, Benfleet, Essex SS7 1DE2
£173K11/231.27 mi225a, High Road, Benfleet, Essex SS7 5HZ2
£212.5K04/211.29 mi28, Crown Avenue, Pitsea, Basildon, Essex SS13 2BE2
£245K08/231.31 mi29, Lenham Way, Pitsea, Basildon, Essex SS13 2NT2
£222K11/201.36 mi34, Kenneth Road, Benfleet, Essex SS7 3AT2
£180K04/211.5 mi105a, High Road, Benfleet, Essex SS7 5LN2
£110K02/211.51 mi6, Vermont Close, Basildon, Essex SS13 1BH2
£150K06/211.51 mi8, Vermont Close, Basildon, Essex SS13 1BH2
£210K11/231.51 mi32, Vermont Close, Basildon, Essex SS13 1BH2
£210K11/221.53 mi32, Brackendale Court, Basildon, Essex SS13 3JR2
£110K04/211.55 mi2, Riffams Drive, Basildon, Essex SS13 1BG2
£176.3K01/231.55 mi5, Riffams Drive, Basildon, Essex SS13 1BG2
£170K02/241.55 miWillow Lodge, Flat 18, Hart Road, Thundersley, Benfleet, Essex SS7 3PQ2
£250K09/221.56 mi4, Riffams Drive, Basildon, Essex SS13 1BG2
£192.5K11/201.56 mi4, Riffams Drive, Basildon, Essex SS13 1BG2
£99K06/211.6 mi60, Fairfax Avenue, Basildon, Essex SS13 1AZ2
£162.5K07/231.6 mi22, Fairfax Avenue, Basildon, Essex SS13 1AZ2
£162.5K07/231.6 mi22, Fairfax Avenue, Basildon, Essex SS13 1AZ2
£118K12/221.63 mi87, Fairfax Avenue, Basildon, Essex SS13 1AY2
£250K09/231.63 mi25, Fairfax Avenue, Basildon, Essex SS13 1AY2
£210K11/201.63 mi35, Shirley Gardens, Basildon, Essex SS13 1BA2
£105K03/211.63 mi37, Shirley Gardens, Basildon, Essex SS13 1BA2
£226.5K06/231.63 mi38, Shirley Gardens, Basildon, Essex SS13 1BA2
£192K09/221.64 mi18, Edinburgh Way, Pitsea, Basildon, Essex SS13 3RL2
£228K05/211.64 mi7, Charleston Avenue, Basildon, Essex SS13 1TD2
£247.8K09/231.64 mi7, Charleston Avenue, Basildon, Essex SS13 1TD2
£208K11/201.64 miFlat 8, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£205K11/211.64 miFlat 14, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£216.5K06/231.64 miFlat 1, Aston Place, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£240K04/241.64 miAston Place, Flat 14, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£310K03/231.66 mi20, Charleston Avenue, Basildon, Essex SS13 1JH2
£186K10/201.68 mi6, Charleston Avenue, Basildon, Essex SS13 1JH2
£190K02/211.69 mi7, Calvert Drive, Basildon, Essex SS13 1TB2
£195K06/231.69 mi27, Calvert Drive, Basildon, Essex SS13 1TB2
£107.5K06/231.7 mi25, Tenterfields, Pitsea, Basildon, Essex SS13 1BB2

Local Rents

19 rents from £875/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10009/240.15 miLondon Road, Benfleet, SS72
£1,25012/240.33 mi-2
£1,25012/240.33 mi-2
£1,25009/240.34 mi-2
£1,25006/240.34 mi-2
£1,40005/230.36 mi-2
£1,50012/240.36 mi-2
£1,50012/240.36 mi-2
£1,50001/240.38 mi-2
£1,50002/240.38 mi-2
£1,55001/250.38 mi-2
£1,55003/250.38 mi-2
£87505/240.44 mi-2
£1,10007/230.48 mi-2
£1,10006/230.48 mi-2
£1,30009/240.48 mi-2
£1,35009/240.48 mi-2
£1,20004/240.48 mi-2
£1,40012/230.57 mi-2

Local Area Statistics

Population in SS7

49,121

Town centre distance

1.74 miles away

Nearest school

0.30 miles away

Nearest train station

1.76 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

December 26, 2024

Floor Plans

Description

  • Two Bedroom Ground Floor Apartment +
  • Ideal for first-time buyers or investors +
  • Private Entrance +
  • Great Location +
  • Stylish Shower Room +
  • Communal Garden +
  • Allocated Parking Space +
  • Spacious Living Throughout +
  • Check Out Our Virtual Tour +
  • Council Tax Band - B +

This ground floor flat is ideal for all types of buyers looking for a home in a modern building with its own private entrance enhancing the sense of your own private space and personal space. The builder has thought about the deign and created a layout as you can see on our plan to maximize the usable living space. The newly installed shower room looks as if it straight out of a stylish bathroom shop. Partition the kitchen from the living area is a huge improvement on the normal open area you see in most flats. There is one allocated parking space, plus the advantage of use of the communal gardens for outside space.

You could not have a better location if you commute by car as you are ready to join the all the main traffic routes to the M 25 with Lakeside just 20 minutes down the road. The flats located only a short walk to the local commercial area known as Tarpots named after the local landmark pub now a Harvester. You will find all the shops you need plus the Post office so very important since the banks closed their branches. Benfleet has the benefit of a station on the direct Southend to Fenchurch line is easy commute to the city of Canary Warf. .

Benfleet enjoys the amenity of local parks and wide open spaces in which to walk. You can even starting at South Benfleet walk along the downs to Leigh with view over Canvey and the mouth of the Thames.

Call FISKS today to book your viewing.

Material Information
Tenure: Leasehold
Lease Remaining: 107
Service Charge: £2,200 PA
Ground Rent: £0
Council Tax Band: B
Flood Risk:
Rivers & Seas No Risk
Surface Water Low
Conservation Area: No
Electric: Yes
Gas: Yes
Water: Mains
Sewage: Mains

Agent Details

Fisks Ltd, Canvey Island

01268 203398

Next Steps?

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