3 Bed Terraced House, Refurb/BRRR, Basildon, SS13 1AP, £235,000

Oakdene Road, Pitsea, Basildon, SS13 1AP - 50 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+9 photos

ValuationFair Value

Sold Prices£145K - £430K
Sold Prices/m²£1.8K/m² - £7.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£239,700

 

 

End Value (After Refurb)

£383,125

Uplift in Value

+63%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£58,750

Stamp Duty & Legal Fees

£8,250

Refurb Costs

£45,600

Bridging Loan Interest

£6,169

Total Cash In

£120,519

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£383,125

Agent Fees (1%)

£3,831

Bridging Loan

£176,250

Bridging Loan Interest

£6,169

Flip Profit

£82,525

Local Sold Prices

51 sold prices from £145K to £430K, average is £307K. £1.8K/m² to £7.2K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£248K05/210.01 mi7, Oakdene Road, Pitsea, Basildon, Essex SS13 1AP3
£300K11/200.08 mi17, Medoc Close, Basildon, Essex SS13 1NR3
£290K06/210.08 mi209, Rectory Road, Pitsea, Basildon, Essex SS13 1AJ3
£310K03/240.08 mi251, Rectory Road, Pitsea, Basildon, Essex SS13 1AJ3
£295K12/200.13 mi15, Langford Grove, Basildon, Essex SS13 1NX3
£325K12/200.13 mi33, Langford Grove, Basildon, Essex SS13 1NX3
£313K06/210.13 mi6, Langford Grove, Basildon, Essex SS13 1NX3
£200K11/220.14 mi12, Longmead, Pitsea, Basildon, Essex SS13 1HE3
£237.5K01/210.15 mi4, Brecon Close, Pitsea, Basildon, Essex SS13 1AR3
£332.5K02/210.15 mi32, The Gables, Basildon, Essex SS13 1PY3
£145K07/210.15 mi2, Benham Walk, Basildon, Essex SS13 1NU3
£373.5K06/230.15 mi10, Benham Walk, Basildon, Essex SS13 1NU3
£245K02/210.15 mi230, Rectory Road, Pitsea, Basildon, Essex SS13 1AG3
£320K01/210.16 mi5, Chalvedon Avenue, Pitsea, Basildon, Essex SS13 1AF3
£320K01/210.16 mi5, Chalvedon Avenue, Pitsea, Basildon, Essex SS13 1AF3
£275K12/200.16 mi55, Winfields, Pitsea, Basildon, Essex SS13 1HB3
£255K04/210.16 mi57, Winfields, Pitsea, Basildon, Essex SS13 1HB3
£415K06/210.16 mi6, Chalvedon Avenue, Pitsea, Basildon, Essex SS13 1AF3
£300K01/240.17 mi10, Montsale, Pitsea, Basildon, Essex SS13 1JL3
£335K01/230.17 mi4, Aimes Green, Basildon, Essex SS13 1NT3
£390K11/220.18 mi21, Stirling Place, Basildon, Essex SS13 1QZ3
£300K01/230.18 mi24, Scaldhurst, Pitsea, Basildon, Essex SS13 1JJ3
£307.5K12/230.2 mi6, Winfields, Pitsea, Basildon, Essex SS13 1HQ3
£360K03/230.2 mi18, Fairfax Avenue, Basildon, Essex SS13 1AZ3
£380K06/230.2 mi20, Fairfax Avenue, Basildon, Essex SS13 1AZ3
£285K01/230.21 mi141, Great Ranton, Pitsea, Basildon, Essex SS13 1JW3
£325K11/230.23 mi16, Burlington Court, Basildon, Essex SS13 1QY3
£300K11/210.23 mi9, Fyfields, Pitsea, Basildon, Essex SS13 1HJ3
£260K12/220.23 mi27, Fyfields, Pitsea, Basildon, Essex SS13 1HJ3
£430K09/220.23 miSouthview, Briscoe Road, Pitsea, Basildon, Essex SS13 1AD3
£295K01/230.24 mi29, Wilsner, Pitsea, Basildon, Essex SS13 1HN3
£367K11/220.24 mi16, Davenants, Basildon, Essex SS13 1QX3
£308K03/230.24 mi28, Fyfields, Pitsea, Basildon, Essex SS13 1HL3
£290K05/230.24 mi12, Fyfields, Pitsea, Basildon, Essex SS13 1HL3
£330K02/240.25 mi56, Little Searles, Pitsea, Basildon, Essex SS13 1NE3
£307K10/230.25 mi2, Havengore, Basildon, Essex SS13 1JT3
£257K03/210.25 mi38, Havengore, Basildon, Essex SS13 1JT3
£325K01/240.26 mi24, Riffams Drive, Basildon, Essex SS13 1BG3
£315K03/230.26 mi40, Great Ranton, Pitsea, Basildon, Essex SS13 1JP3
£282K06/230.26 mi10, Great Ranton, Pitsea, Basildon, Essex SS13 1JP3
£374K10/220.26 mi34, Soane Street, Basildon, Essex SS13 1QU3
£260K11/200.26 mi90, Longmead, Pitsea, Basildon, Essex SS13 1HG3
£213K03/210.26 mi56, Longmead, Pitsea, Basildon, Essex SS13 1HG3
£370K11/220.27 mi69, Soane Street, Basildon, Essex SS13 1QU3
£255K03/230.27 mi17, Bartlow End, Basildon, Essex SS13 1PQ3
£365K05/230.27 mi62, Charleston Avenue, Basildon, Essex SS13 1JH3
£260K03/210.28 mi118, Plumleys, Pitsea, Basildon, Essex SS13 1NG3
£335K12/220.28 mi21, Voysey Gardens, Basildon, Essex SS13 1QT3
£265K08/210.29 mi9, Great Ranton, Pitsea, Basildon, Essex SS13 1JS3
£309K05/230.29 mi69, Ashfields, Pitsea, Basildon, Essex SS13 1HS3
£275K08/230.29 mi81, Ashfields, Pitsea, Basildon, Essex SS13 1HS3

Local Rents

16 rents from £1.4K/mo to £2.4K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,60009/240.11 mi-3
£1,45009/240.19 mi-3
£1,70012/240.19 mi-3
£1,89504/250.25 mi-3
£1,60004/250.25 mi-3
£2,40004/250.26 mi-3
£1,60004/250.3 mi-3
£2,20003/250.33 mi-3
£1,60002/240.37 mi-3
£1,90001/250.39 mi-3
£1,85009/240.42 mi-3
£1,60009/240.43 miKenneth Road, Basildon, Essex, SS133
£1,50002/250.45 mi-3
£1,65009/240.48 mi-3
£1,85004/250.51 mi-3
£1,85004/250.51 mi-3

Local Area Statistics

Population in SS13

22,057

Population in Basildon

105,369

Town centre distance

2.45 miles away

Nearest school

0.10 miles away

Nearest train station

1.34 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £235,000

January 18, 2025

Floor Plans

Description

  • Three Bedroom House +
  • No Onward Chain +
  • Mid Terraced +
  • In Need Of Some Refurbishment +
  • Kitchen Diner +
  • Rear Garden +
  • Electric Heating +
  • Double Glazing +
  • Communal Parking +
  • Available to View Now +

Griffin are pleased to offer for sale with No Onward Chain this Three Bedroom Mid Terraced House requiring some refurbishment.

Offering good sized accommodation throughout to include a living room, kitchen diner, three bedrooms and family bathroom. Externally the property offers a good sized rear garden and communal parking. Further benefits include double glazing and electric heating.

The property is located within easy access to local amenities, Pitsea Railway Station and the A13 and is available to view now by appointment only.

Agent Details

Griffin Residential Group, Pitsea

01268 203851

Next Steps?

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

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