3 Bed Detached House, Refurb/BRRR, Benfleet, SS7 4BA, £375,000

Linden Road, Benfleet, SS7 4BA - 6 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+3 photos

ValuationOvervalued

Sold Prices£154K - £480K
Sold Prices/m²£2.3K/m² - £6K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£352,902

 

 

End Value (After Refurb)

£371,147

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£20,700

Refurb Costs

£45,518

Bridging Loan Interest

£9,844

Total Cash In

£171,562

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£371,147

Mortgage (After Refinance)

£278,360

Mortgage LTV

75%

Cash Left In

£171,562

Equity

£92,787

Rent Range

£1,450 - £2,200

Rent Estimate

£1,647

Running Costs/mo

£1,509

Cashflow/mo

£138

Cashflow/yr

£1,653

ROI

1%

Gross Yield

5%

Local Sold Prices

52 sold prices from £154K to £480K, average is £355K. £2.3K/m² to £6K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£320K05/210.03 mi5, Maytree Walk, Benfleet, Essex SS7 4BH3
£380K02/240.04 mi1, Chancel Close, Benfleet, Essex SS7 4ET3
£345K04/210.11 mi14, Chesterfield Avenue, Benfleet, Essex SS7 4AY3
£325K01/210.12 mi11, Kennington Avenue, Benfleet, Essex SS7 4BS3
£290K05/210.15 mi214, London Road, Benfleet, Essex SS7 5SJ3
£305K11/200.19 mi36, Seamore Avenue, Benfleet, Essex SS7 4EX3
£421K12/200.2 mi67, Chesterfield Avenue, Benfleet, Essex SS7 4AJ3
£432.5K02/230.22 mi57, Meadway, Benfleet, Essex SS7 4HG3
£272K03/210.22 mi6, St Clements Close, Benfleet, Essex SS7 5XF3
£336K03/210.22 mi64, Overton Road, Benfleet, Essex SS7 4HA3
£335K01/230.23 mi11, St Clements Close, Benfleet, Essex SS7 5XF3
£420K01/230.23 mi43, Hazlemere Road, Benfleet, Essex SS7 4AF3
£475K01/240.23 mi37, Stanway Road, Benfleet, Essex SS7 5UX3
£480K07/230.23 mi16, Barncombe Close, Benfleet, Essex SS7 4AQ3
£395K09/230.23 mi3, Elgar Close, Benfleet, Essex SS7 4BZ3
£330K03/240.24 mi28, Church Road, Benfleet, Essex SS7 4BW3
£330K02/210.24 mi15, Blyth Way, Benfleet, Essex SS7 4HD3
£355K10/230.24 mi3, Blyth Way, Benfleet, Essex SS7 4HD3
£355K10/230.24 mi3, Blyth Way, Benfleet, Essex SS7 4HD3
£323K03/210.24 mi51, Meadway, Benfleet, Essex SS7 4HG3
£358K02/230.26 mi6, Blyth Way, Benfleet, Essex SS7 4HD3
£320K06/210.26 mi309, London Road, Benfleet, Essex SS7 5XP3
£350K03/240.27 mi76, Moreland Avenue, Benfleet, Essex SS7 4HB3
£337.5K03/210.27 mi10, St Clements Crescent, Benfleet, Essex SS7 5XE3
£402K07/230.29 mi21, Overton Way, Benfleet, Essex SS7 4DR3
£402K07/230.29 mi21, Overton Way, Benfleet, Essex SS7 4DR3
£390K05/230.29 mi79, Chesterfield Avenue, Benfleet, Essex SS7 4AH3
£422.5K01/240.29 mi85, Chesterfield Avenue, Benfleet, Essex SS7 4AH3
£425K01/230.3 mi84, Southwold Crescent, Benfleet, Essex SS7 5SR3
£355K11/220.31 mi94, Seamore Avenue, Benfleet, Essex SS7 4EZ3
£355K01/240.32 mi19, Lea Road, Benfleet, Essex SS7 5UU3
£332K05/230.32 mi25, Hatley Gardens, Benfleet, Essex SS7 5ST3
£415K02/230.32 mi59, Eversley Road, Benfleet, Essex SS7 4JH3
£326K07/210.33 mi9, Lyndene, Benfleet, Essex SS7 4DZ3
£335K04/210.33 mi39, Arundel Road, Benfleet, Essex SS7 4EE3
£325K09/210.33 mi81, Arundel Road, Benfleet, Essex SS7 4EE3
£360K11/230.33 mi85, Arundel Road, Benfleet, Essex SS7 4EE3
£290K01/210.34 mi76, Eversley Road, Benfleet, Essex SS7 4JH3
£425K02/230.34 mi61, Gifford Road, Benfleet, Essex SS7 5XX3
£367K11/230.35 mi76, Rushbottom Lane, Benfleet, Essex SS7 4DW3
£380K09/210.35 mi47, Croft Road, Benfleet, Essex SS7 5RL3
£335K04/230.36 mi102, Eversley Road, Benfleet, Essex SS7 4JT3
£270K01/210.36 mi55, London Road, Benfleet, Essex SS7 5TG3
£154K07/230.36 mi50, Louisa Avenue, Benfleet, Essex SS7 4DA3
£350K05/210.37 mi8, The Fairway, Benfleet, Essex SS7 4LB3
£400K02/230.37 mi53, Gifford Road, Benfleet, Essex SS7 5XX3
£327.5K09/210.37 mi16, Orchard Road, Benfleet, Essex SS7 4DX3
£435K09/210.38 mi331, Kents Hill Road, Benfleet, Essex SS7 5XT3
£400K09/230.38 mi319, Kents Hill Road, Benfleet, Essex SS7 5XT3
£322K06/210.38 mi11, Croft Road, Benfleet, Essex SS7 5RQ3
£405K01/240.39 mi22, Bowers Road, Benfleet, Essex SS7 5PZ3
£360K02/230.39 mi78, London Road, Benfleet, Essex SS7 5TJ3

Local Rents

16 rents from £1.4K/mo to £2.2K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£2,20010/230.15 mi-3
£1,47507/240.19 mi-3
£1,80009/240.21 mi-3
£1,45008/230.33 mi-3
£1,45008/230.33 mi-3
£1,60010/240.33 mi-3
£1,55005/230.35 mi-3
£1,55005/230.35 mi-3
£1,55009/230.44 mi-3
£1,50009/240.51 miHigh Road, Benfleet3
£1,70009/240.65 miClifton Avenue, Benfleet3
£1,60009/240.8 miClarence Road, Benfleet3
£1,60001/240.89 mi-3
£1,60009/240.98 miHalle Mews Benfleet, Essex3
£1,67509/241.04 miDorothy Gardens, Benfleet3
£1,85009/241.07 miGrove Road, Benfleet3

Local Area Statistics

Population in SS7

49,121

Town centre distance

1.23 miles away

Nearest school

0.40 miles away

Nearest train station

1.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £375,000

January 31, 2025

Listed for £400,000

January 2, 2025

Floor Plans

Description

  • Extended fully detached property +
  • Ample parking and attached garage +
  • Rear extension and a generous rear garden +
  • Three double bedrooms with ample built-in wardrobe space +
  • Close proximity to Tarpots local amenities and bus links +
  • Highly regarded schools within the area such as Robert Drake and Appleton +
  • Short drive to Benfleet Train Station and easy access to the A127 and A13 +
  • Exciting potential for renovation +
  • Potential to convert garage +
  • No onward chain +

* £400,000 - £410,000 * REAR EXTENSION * LARGE GARDEN * PARKING AND GARAGE FOR POSSIBLE CONVERSION * DETACHED WITH HUGE POTENTIAL * This spacious three bedroom home is situated on a quiet road, nearby the amenities and bus links of Tarpots and offers; parking for two and an attached garage with potential to convert to more living space, a fitted kitchen and an extended lounge-diner to the rear, which overlooks the generously sized garden. While the upstairs has three great-sized bedrooms with storage and a family bathroom. The location also offers a short drive to Benfleet Station for London commuters as well as a great school catchment area, with both Robert Drake and The Appleton School available. This detached property showcases a huge amount of potential for the next owners to make their family home - viewings are available now!

Frontage - Paved driveway which creates parking for two to three vehicles, access to the garage, side access to the rear garden, access to:

Hallway - 4.28m x 2.27m (14'0" x 7'5" ) - Carpeted staircase rising to the first floor, UPVC obscured double glazed entrance door to the front with an adjacent double glazed window, double radiator, carpet.

Kitchen - 3.38m x 3.15m (11'1" x 10'4" ) - UPVC obscured double-glazed door to the side with an adjacent double glazed window, wall-mounted 'Ideal' boiler, wooden kitchen comprising of: wall and base level units with a roll edge laminate worktop, stainless steel sink with drainer and chrome mixer tap, appliances such as; washing machine, tumble dryer and a fridge/freezer, space for a cooker with an extractor fan above, breakfast bar area, radiator, tiled splashback, lino flooring.

Lounge-Diner - 7.27m maximum x 5.09m (23'10" maximum x 16'8" ) - Feature fireplace with a brick surround and a tiled hearth, coved ceiling, double glazed patio doors to the rear leading out to the garden, double glazed window to the side, radiator, carpet, feature wood paneled wall.

First Floor Landing - Loft hatch, carpet, doors to all rooms.

Master Bedroom - 5.10m > 4.11m x 2.70m (16'8" > 13'5" x 8'10" ) - Double glazed windows to the front, radiator, carpet, overstairs storage cupboard.

Bedroom Two - 3.47m x 2.92m > 2.08m (11'4" x 9'6" > 6'9" ) - Double glazed windows to the rear overlooking the garden, radiator, carpet.

Bedroom Three - 3.00m x 2.54m (9'10" x 8'3" ) - Double glazed window to the rear overlooking the garden, radiator, carpet.

Family Bathroom - 3.25m maximum x 1.66m (10'7" maximum x 5'5" ) - Obscured double glazed window to the side, shower cubicle with an electric shower, pedestal wash basin, low-level w/c, large airing cupboard, partially tiled walls, radiator, carpet.

Rear Garden - Mainly laid to lawn with established tree and shrubbery borders, outside tap, side access to the front driveway.

Garage - 4.80m x 2.87m (15'8" x 9'4" ) - Power and lighting with a concrete base (ideal for extending for bedroom four).

Agent Details

Bear Estate Agents, Leigh-on-Sea

01702 967608

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪