3 Bed Terraced House, Single Let, Canvey Island, SS8 9JT, £260,000

Link Road, Canvey Island, SS8 9JT - 4 months ago

BTL
ROI: 2%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£191K - £390K
Sold Prices/m²£2.2K/m² - £6.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.8K/m²

Value Estimate

£276,903

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£11,100

Total Cash In

£76,100

 

 

Cash Out

 

Rent Range

£1,300 - £2,000

Rent Estimate

£1,300

Running Costs/mo

£1,093

Cashflow/mo

£208

Cashflow/yr

£2,490

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £191K to £390K, average is £261.9K. £2.2K/m² to £6.3K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£285K11/220.02 mi90, Link Road, Canvey Island, Essex SS8 9JT3
£230K12/200.03 mi7, Crossways, Canvey Island, Essex SS8 9JX3
£240K11/200.05 mi21, The Weald, Canvey Island, Thurrock SS8 9JY3
£240K05/210.1 mi33, Second Avenue, Canvey Island, Essex SS8 9LW3
£211K04/240.1 mi35, Second Avenue, Canvey Island, Essex SS8 9LW3
£330K12/220.1 mi46, Village Drive, Canvey Island, Essex SS8 0LJ3
£310K06/230.1 mi7, Aspen Close, Canvey Island, Essex SS8 9JJ3
£191K02/210.11 mi64, Second Avenue, Canvey Island, Essex SS8 9LL3
£227K06/210.11 mi61, First Avenue, Canvey Island, Essex SS8 9LR3
£270K06/230.12 mi16, Meadow View Walk, Canvey Island, Essex SS8 9SA3
£258K02/210.12 mi37, Meadow View Walk, Canvey Island, Essex SS8 9SA3
£330K03/230.13 mi30, Pine Close, Canvey Island, Essex SS8 9JL3
£233K11/230.14 mi1a, Green Avenue, Canvey Island, Essex SS8 0LH3
£350K05/230.14 mi28, Village Drive, Canvey Island, Essex SS8 0LJ3
£255K11/200.15 mi8, Chestnut Walk, Canvey Island, Essex SS8 9JR3
£215K07/230.16 mi58, First Avenue, Canvey Island, Essex SS8 9LS3
£245K09/220.16 mi64, First Avenue, Canvey Island, Essex SS8 9LS3
£195K11/200.16 mi64, First Avenue, Canvey Island, Essex SS8 9LS3
£250K02/240.16 mi130, Second Avenue, Canvey Island, Essex SS8 9LN3
£265K04/230.16 mi82, Second Avenue, Canvey Island, Essex SS8 9LN3
£280K02/230.16 mi102, Second Avenue, Canvey Island, Essex SS8 9LN3
£280K03/240.18 mi6, Lincoln Way, Canvey Island, Essex SS8 9SE3
£245K02/210.18 mi11, Lincoln Way, Canvey Island, Essex SS8 9SE3
£263.8K11/210.18 mi31, Lincoln Way, Canvey Island, Essex SS8 9SE3
£255K11/210.18 mi4, Lincoln Way, Canvey Island, Essex SS8 9SE3
£265K02/230.18 mi5, Lincoln Way, Canvey Island, Essex SS8 9SE3
£235K08/210.19 mi92, Second Avenue, Canvey Island, Essex SS8 9LN3
£245K07/230.2 mi51, Third Avenue, Canvey Island, Essex SS8 9SU3
£385K10/230.2 mi341, Long Road, Canvey Island, Essex SS8 0JQ3
£270K07/210.21 mi24, Suffolk Way, Canvey Island, Essex SS8 9SQ3
£270K07/210.22 mi24, Suffolk Way, Canvey Island, Essex SS8 9SQ3
£275K04/240.22 mi18, Suffolk Way, Canvey Island, Essex SS8 9SQ3
£280K06/210.24 mi1, Avondale Walk, Canvey Island, Essex SS8 9SD3
£265K11/200.24 mi21, Avondale Walk, Canvey Island, Essex SS8 9SD3
£245K11/230.24 mi3, Avondale Walk, Canvey Island, Essex SS8 9SD3
£320K01/230.25 mi17, St Christophers Close, Canvey Island, Essex SS8 9NG3
£260K05/210.25 mi31, St Christophers Close, Canvey Island, Essex SS8 9NG3
£270K12/200.25 mi256, Long Road, Canvey Island, Essex SS8 0JS3
£335K07/230.25 mi258, Long Road, Canvey Island, Essex SS8 0JS3
£217.5K06/210.27 mi21, Sixth Avenue, Canvey Island, Essex SS8 9SS3
£270K02/240.28 mi108, Fourth Walk, Canvey Island, Essex SS8 9ST3
£225K03/210.28 mi124, Fourth Walk, Canvey Island, Essex SS8 9ST3
£325K12/230.29 mi24, Chiltern Approach, Canvey Island, Essex SS8 9SJ3
£250K06/210.29 mi15, St Johns Crescent, Canvey Island, Essex SS8 9ND3
£255K06/210.29 mi10, The Chilterns, Canvey Island, Essex SS8 9SH3
£212.5K01/210.29 mi4, St Peters Road, Canvey Island, Essex SS8 9NQ3
£278K08/230.29 mi18, St Peters Road, Canvey Island, Essex SS8 9NQ3
£390K09/210.3 mi18, Laburnum Grove, Canvey Island, Essex SS8 0LZ3
£240K03/210.3 mi94, Canvey Road, Canvey Island, Essex SS8 0QB3
£350K10/230.32 mi47, Central Avenue, Canvey Island, Essex SS8 9QR3

Local Rents

14 rents from £1.3K/mo to £2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,35009/240.1 mi3 bedroom Terraced House in Canvey Island3
£1,39509/240.13 mi-3
£1,30009/240.13 miSecond Avenue, Canvey Island3
£1,30009/240.16 mi119 First Avenue 3
£1,40003/250.24 mi-3
£1,55004/250.34 mi-3
£2,00009/240.34 miHawkesbury Road, Canvey Island3
£1,77502/250.37 mi-3
£1,50009/240.45 miThe Picketts, Canvey Island, Canvey Island, 3
£1,30009/240.62 miStanford Road, Canvey Island3
£1,70001/250.64 mi-3
£1,40001/250.78 mi-3
£1,90004/250.99 mi-3
£1,65003/251.24 mi-3

Local Area Statistics

Population in SS8

38,134

Population in Canvey Island

38,138

Town centre distance

0.86 miles away

Nearest school

0.30 miles away

Nearest train station

1.51 miles away

 

 

Rental growth (12m)

+72%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Price changed to £260,000

January 23, 2025

Listed for £280,000

January 8, 2025

Description

  • Kitchen +
  • Lounge/Diner +
  • Must be seen +
  • No Onward Chain +
  • Rear Garden +
  • Three Bedrooms +

This property is perfect to put your own stamp on, the accommodation comprise of Entrance Hall, Lounge/Dining area, Kitchen, Three bedroom, bathroom with separate WC and much more. To really appreciate the potential of this property its a must see.

Tenure: Freehold

Agent Details

Stephen Lane, Canvey Island

01268 203468

Next Steps?

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