2 Bed Flat, Single Let, Benfleet, SS7 3YS, £200,000





ValuationUndervalued
Sold Prices | £120K - £258.5K |
Sold Prices/m² | £1.6K/m² - £4.8K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.9K/m² |
Value Estimate | £219,568 |
BMV | 10% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £50,000 |
Stamp Duty & Legal Fees | £12,700 |
Total Cash In | £62,700 |
| |
Cash Out | |
Rent Range | £950 - £1,750 |
Rent Estimate | £975 |
Running Costs/mo | £840 |
Cashflow/mo | £135 |
Cashflow/yr | £1,620 |
ROI | 3% |
Gross Yield | 6% |
Local Sold Prices
25 sold prices from £120K to £258.5K, average is £222K. £1.6K/m² to £4.8K/m², average is £3.2K/m².
Local Rents
23 rents from £950/mo to £1.8K/mo, average is £1.4K/mo.
Local Area Statistics
Population in SS7 | 49,121 |
Town centre distance | 0.78 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 2.10 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +6% |
Sales demand | Balanced market |
Capital growth (5yrs) | +16% |
Property History
Price changed to £200,000
February 28, 2025
Price changed to £210,000
February 4, 2025
Price changed to £215,000
January 5, 2025
Listed for £200,000
January 1, 2025
Floor Plans

Description
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