2 Bed Flat, Single Let, Benfleet, SS7 1FQ, £280,000

Catherine Road, Benfleet, SS7 1FQ - 2 months ago

Sold STC

Leasehold

BTL

~68 m²

+3 photos

ValuationOvervalued

Sold Prices	£145K - £410K
Sold Prices/m²	£1.7K/m² - £4.5K/m²

Square Metres	~68.11 m²
Price/m²	£4.1K/m²
Value Estimate	£247,329£247,329

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£70,000£70,000
Stamp Duty & Legal Fees	£11,100£11,100
Total Cash In	£81,100£81,100

Cash Out
Rent Range	£1,100 - £1,430£1,100 - £1,430
Rent Estimate	£1,113
Running Costs/mo	£1,118£1,118
Cashflow/mo	£-5£-5
Cashflow/yr	£-55£-55
Gross Yield	5%5%

Local Sold Prices

22 sold prices from £145K to £410K, average is £223.5K. £1.7K/m² to £4.5K/m², average is £3.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£232.5K	01/24	0.35 mi	143a, Chesterfield Avenue, Benfleet, Essex SS7 3HW	£3,811	61	2	Flat
£222K	11/20	0.41 mi	34, Kenneth Road, Benfleet, Essex SS7 3AT	£3,639	61	2	Flat
£410K	06/21	0.5 mi	174, Kimberley Road, Benfleet, Essex SS7 1DR	-	-	2	Flat
£238.5K	08/21	0.57 mi	5b, Clarence Road, Benfleet, Essex SS7 1DE	£3,847	62	2	Flat
£170K	02/24	0.6 mi	Willow Lodge, Flat 18, Hart Road, Thundersley, Benfleet, Essex SS7 3PQ	£3,208	53	2	Flat
£232K	07/23	0.65 mi	Flat 8, Saxon Court, London Road, Benfleet, Essex SS7 4BY	-	-	2	Flat
£145K	08/23	0.65 mi	Flat 13, Saxon Court, London Road, Benfleet, Essex SS7 4BY	£3,021	48	2	Flat
£190K	01/21	0.65 mi	Flat 18, Saxon Court, London Road, Benfleet, Essex SS7 4BY	-	-	2	Flat
£207.5K	12/23	0.65 mi	Flat 2, Saxon Court, London Road, Benfleet, Essex SS7 4BY	£4,511	46	2	Flat
£235K	04/21	0.7 mi	4d, Kennington Avenue, Benfleet, Essex SS7 4BS	£4,352	54	2	Flat
£216.5K	06/23	0.72 mi	Flat 1, Aston Place, Hart Road, Thundersley, Benfleet, Essex SS7 3PY	-	-	2	Flat
£208K	11/20	0.72 mi	Flat 8, Aston Place, Hart Road, Benfleet, Essex SS7 3PY	-	-	2	Flat
£205K	11/21	0.72 mi	Flat 14, Aston Place, Hart Road, Benfleet, Essex SS7 3PY	-	-	2	Flat
£240K	04/24	0.72 mi	Aston Place, Flat 14, Hart Road, Thundersley, Benfleet, Essex SS7 3PY	£3,692	65	2	Flat
£225K	09/23	0.72 mi	Flat 15, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG	-	-	2	Flat
£210K	10/20	0.78 mi	18b, South View Road, Benfleet, Essex SS7 5NA	£3,447	61	2	Flat
£173K	11/23	0.85 mi	225a, High Road, Benfleet, Essex SS7 5HZ	£1,713	101	2	Flat
£235K	03/21	0.92 mi	Flat 13, Richmond Court, Richmond Avenue, Benfleet, Essex SS7 5EY	-	-	2	Flat
£250K	07/23	0.92 mi	42a, London Road, Benfleet, Essex SS7 5TJ	£3,623	69	2	Flat
£230K	02/21	0.92 mi	42a, London Road, Benfleet, Essex SS7 5TJ	£3,333	69	2	Flat
£235K	11/22	0.99 mi	36, Merrivale, Benfleet, Essex SS7 5HH	£3,730	63	2	Flat
£202K	05/21	0.99 mi	18, Merrivale, Benfleet, Essex SS7 5HH	£3,258	62	2	Flat

Local Rents

10 rents from £1.1K/mo to £1.4K/mo, average is £1.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,430	12/24	0.04 mi	-	2	Flat
£1,400	03/25	0.04 mi	-	2	Flat
£1,300	05/24	0.06 mi	-	2	Flat
£1,300	09/24	0.06 mi	London Road, Benfleet, SS7	2	Flat
£1,400	12/23	0.54 mi	-	2	Flat
£1,300	09/24	0.62 mi	-	2	Flat
£1,350	09/24	0.62 mi	-	2	Flat
£1,200	04/24	0.62 mi	-	2	Flat
£1,100	07/23	0.62 mi	-	2	Flat
£1,100	06/23	0.62 mi	-	2	Flat

Local Area Statistics

Population in SS7	49,12149,121
Town centre distance	0.69 miles away0.69 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	1.40 miles away1.40 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+6%+6%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+16%+16%

Property History

Listed for £280,000

January 28, 2025

Floor Plans

Description

No Onward Chain +
Constructed in 2017 +
Two Bedroom Apartment +
Fitted Wardrobes to Both Bedrooms +
Modern Bathroom and En-Suite +
Open Plan Kitchen/Lounge +
Allocated and Visitors Parking +
Easy Access to A13 +

SOLD PRIOR TO MARKETING - This impressive two bedroom apartment is the ideal home for first time buyers, professionals, or those looking to downsize. Featuring two double bedrooms, one with a sleek en-suite shower room, and a modern main bathroom, this property offers both comfort and style. The open-plan lounge/kitchen area serves as the heart of the home, providing the perfect space for relaxing or entertaining guests. Being sold with no onward chain, this apartment is ready for its new owners to move straight in.

Tenure: Leasehold
Council Tax: C

Agent Details

Gilbert & Rose, Leigh-on-sea

01702 967150

Next Steps?

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

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ValuationOvervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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