4 Bed Detached House, Refurb/BRRR, Benfleet, SS7 2JD, £600,000

Greenacres, Hadleigh, Essex, SS7 2JD - 3 views - 2 months ago

Sold STC
Refurb/BRRR
Planning
~129 m²
+18 photos

ValuationOvervalued

Sold Prices£365K - £1.1M
Sold Prices/m²£2.7K/m² - £9.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.6K/m²

Value Estimate

£542,223

 

 

End Value (After Refurb)

£620,044

Uplift in Value

+3%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£36,700

Refurb Costs

£63,264

Bridging Loan Interest

£15,750

Total Cash In

£267,464

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£620,044

Mortgage (After Refinance)

£465,033

Mortgage LTV

75%

Cash Released

£15,033

Cash Left In

£252,431

Equity

£155,011

Rent Range

£1,250 - £2,500

Rent Estimate

£1,732

Running Costs/mo

£2,304

Cashflow/mo

£-572

Cashflow/yr

£-6,864

Gross Yield

3%

Local Sold Prices

52 sold prices from £365K to £1.1M, average is £567.5K. £2.7K/m² to £9.1K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£545K03/210.08 mi69, Scrub Lane, Hadleigh, Benfleet, Essex SS7 2JE4
£399.9K11/200.15 mi42, Burlington Gardens, Benfleet, Essex SS7 2JL4
£675K02/210.16 mi27, Orchill Drive, Benfleet, Essex SS7 2LS4
£397K05/210.21 mi4, Mornington Crescent, Benfleet, Essex SS7 2HP4
£415K03/230.26 mi8, Scrub Lane, Hadleigh, Benfleet, Essex SS7 2JA4
£590K08/230.28 mi115, Woodfield Road, Benfleet, Essex SS7 2ET4
£482.5K12/230.29 mi16, Seymour Road, Benfleet, Essex SS7 2HB4
£770K04/230.3 mi114, Rectory Road, Benfleet, Essex SS7 2NQ4
£450K02/210.3 mi35, Meadow Road, Benfleet, Essex SS7 2DN4
£600.3K11/210.3 miMeadow Lodge, 45, Meadow Road, Benfleet, Essex SS7 2DN4
£470K11/210.31 mi70, The Avenue, Benfleet, Essex SS7 2DL4
£840K01/230.34 mi57, Woodlands Park, Leigh-on-sea, Essex SS9 3TP4
£625K04/210.35 mi12, Ewan Close, Leigh-on-sea, Southend-on-sea SS9 3RB4
£960K12/200.37 mi45, Woodlands Park, Leigh-on-sea, Essex SS9 3TP4
£410K12/200.39 mi121, Church Road, Hadleigh, Benfleet, Essex SS7 2EJ4
£575K12/200.41 mi16, Woodfield Road, Benfleet, Essex SS7 2EH4
£605K11/230.43 mi16, St Davids Drive, Leigh-on-sea, Southend-on-sea SS9 3RF4
£665K01/210.44 mi9, Ormonde Gardens, Leigh-on-sea, Southend-on-sea SS9 3RG4
£875K06/210.46 mi226, Highlands Boulevard, Leigh-on-sea, Southend-on-sea SS9 3QY4
£550K01/240.46 mi7, Dalwood Gardens, Benfleet, Essex SS7 2NN4
£515K08/230.49 mi41, Templewood Road, Benfleet, Essex SS7 2RJ4
£365K05/210.5 mi53, Broomfield, Benfleet, Essex SS7 2SR4
£910K04/210.51 mi12, Sylvan Way, Leigh-on-sea, Essex SS9 3TU4
£1.1M01/230.51 mi16, Woodlands Park, Leigh-on-sea, Southend-on-sea SS9 3TY4
£625K04/230.53 mi9, Maplesfield, Benfleet, Essex SS7 2SG4
£490K11/200.53 mi44, Falbro Crescent, Benfleet, Essex SS7 2SF4
£585K02/240.55 mi62, Braemar Crescent, Leigh-on-sea, Southend-on-sea SS9 3RJ4
£745K06/210.56 mi38, Buxton Avenue, Leigh-on-sea, Southend-on-sea SS9 3UB4
£685K10/210.57 mi22, Braemar Crescent, Leigh-on-sea, Southend-on-sea SS9 3RL4
£600K06/230.59 mi68, Beech Road, Benfleet, Essex SS7 2AG4
£380K06/210.6 mi65, Westwood Gardens, Benfleet, Essex SS7 2SH4
£380K06/210.6 mi65, Westwood Gardens, Benfleet, Essex SS7 2SH4
£515K12/200.61 mi75, Homestead Gardens, Benfleet, Essex SS7 2AB4
£610K01/240.61 mi67, Vardon Drive, Leigh-on-sea, Southend-on-sea SS9 3SP4
£940K09/230.63 mi16, Cosgrove Avenue, Leigh-on-sea, Southend-on-sea SS9 3TZ4
£465K02/210.63 mi94, Westwood Gardens, Benfleet, Essex SS7 2SJ4
£857.5K03/210.64 mi27, Haresland Close, Benfleet, Essex SS7 2UT4
£495K11/200.65 mi403, Daws Heath Road, Benfleet, Essex SS7 2UG4
£495K01/240.67 mi64, Castle Road, Benfleet, Essex SS7 2AT4
£510K08/230.67 mi49, Hall Crescent, Benfleet, Essex SS7 2QW4
£510K08/230.67 mi49, Hall Crescent, Benfleet, Essex SS7 2QW4
£487.5K01/210.68 mi56, Vardon Drive, Leigh-on-sea, Southend-on-sea SS9 3SR4
£675K11/210.69 mi10, Agnes Avenue, Leigh-on-sea, Southend-on-sea SS9 3SX4
£525K11/230.69 mi18, Arcadian Gardens, Benfleet, Essex SS7 2RP4
£525K11/230.69 mi18, Arcadian Gardens, Benfleet, Essex SS7 2RP4
£505K08/230.71 mi41, Beresford Gardens, Benfleet, Essex SS7 2SB4
£590K09/210.71 mi4, Lansdown Avenue, Benfleet, Essex SS7 2UL4
£560K03/210.74 mi64, Vardon Drive, Leigh-on-sea, Southend-on-sea SS9 3SJ4
£637.5K11/210.74 mi126, Highlands Boulevard, Leigh-on-sea, Southend-on-sea SS9 3QW4
£659.1K01/230.74 mi120, Highlands Boulevard, Leigh-on-sea, Southend-on-sea SS9 3QW4
£690K03/210.76 mi32, Quorn Gardens, Leigh-on-sea, Southend-on-sea SS9 2TB4
£510K03/210.78 mi26, Galleydene, Benfleet, Essex SS7 2QA4

Local Rents

22 rents from £1.3K/mo to £2.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,70009/240.42 miNew Road, Benfleet3
£2,25004/240.46 mi-3
£1,55009/240.5 miSpringfield, Benfleet3
£1,35006/230.53 mi-3
£1,35006/230.53 mi-3
£1,25008/230.57 mi-3
£1,85009/240.6 miWalker Drive, Leigh-on-sea, SS94
£1,60009/240.64 mi-3
£1,70005/240.64 mi-3
£1,90001/250.86 mi-4
£2,20011/240.92 mi-3
£1,45009/241 miPendlestone, Thundersley, Essex3
£1,55009/241 miPendlestone, Benfleet3
£1,82509/241.08 miWestern Road, Leigh On Sea3
£1,99509/241.09 mi-4
£1,47509/241.11 miAshcombe Close, Leigh-on-Sea3
£1,50009/241.11 mi-3
£1,75003/241.13 mi-3
£1,80009/241.17 miKiln Road, Benfleet3
£2,50009/241.17 miWestern Road, Leigh on Sea4
£1,57509/241.21 miArterial Road, Leigh-on-Sea3
£1,60009/241.21 miThe Fairway, Leigh-on-sea, SS93

Local Area Statistics

Population in SS7

49,121

Town centre distance

1.55 miles away

Nearest school

0.20 miles away

Nearest train station

1.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £600,000

January 31, 2025

Floor Plans

Description

  • GUIDE PRICE £600,000 - £625,000 +
  • Extended Four Double Bedroom Detached Family Home +
  • No Onward Chain +
  • Lovely Size Rear Garden +
  • Garage & Off Street Parking +
  • Spacious Accommodation Throughout +
  • Excellent Potential +
  • Close To Woods & Town Centre +
  • Excellent Schools Nearby +
  • Needing Modernisation +

GUIDE PRICE £600,000 - £625,000

Situated in the ever sought after Greenacres within Hadleigh is this extended, four double bedroom detached family home offered with no onward chain. Having ample reception rooms, spacious kitchen, utility room and ground floor w.c together with generous size bedrooms and a four piece family bathroom suite. Outside there is a lovely private rear garden, garage and off street parking to front. Needing modernisation, the property is a great blank canvas ready for its next owner make it their dream family home.

Sitting on a generous plot within walking distance of local woodland, John Burrows playing fields and Hadleigh Town Centre with its array of shops, supermarkets and café’s. Excellent local schools can also be found nearby including being within the Hadleigh Infant and Junior school catchments. Transport links via bus routes, major trunk roads and mainline stations are also within easy reach. Viewings advised.

/ Extended Four Bedroom Detached Family Home / Spacious Reception Rooms / Large Kitchen/Diner / Utility Room / Ground Floor W.C / Generous Size Bedrooms / Four Piece Bathroom Suite / Lovely Established Rear Garden / Garage & Off Street Parking / Scope For Further Extension (subject to consent) / Walking Distance To Woodland & Town Centre / Excellent Schools Nearby / No Onward Chain / Viewings Advised

Timber entrance door with obscure glazed windows adjacent opening to:

Entrance Hall 12’6 Max x 11’1 Fitted carpet, radiator, wall light points, carpeted stairs with timber balustrade leading to first floor, doors to accommodation off.

Lounge/Family Room 20’5 x 19’ Max Fitted carpet, radiator, double glazed bay window to front, power points, wall light points, T.V point, open plan to:

Sitting Room 18’6 x 6’ Fitted carpet, radiator, power points, double glazed sliding patio doors leading to rear garden, double doors leading to:

Kitchen/Diner 24’8 x 10’9 Comprising double bowl stainless steel sink and drainer unit inset into range of roll edge worktops with cupboards and drawers beneath and matching eye level units, inset four ring gas hob, integrated double oven, integrated microwave, further appliance space, wall mounted boiler, inset spotlights, tiled flooring, power points, double glazed windows to side and rear, two radiators, power points, door to and from hallway.

Utility Room 10’5 x 6’1 Stainless steel sink and drainer unit inset into range of roll edge worktops with storage below, space and plumbing for washing machine, further appliance spacing, tiled flooring, radiator, power points, door to side leading to sideway, door to and from garage.

Ground Floor W.C Two piece suite comprising low flush w.c, pedestal wash basin, tiled flooring, obscure double glazed window to side, wall light points.

Landing Fitted carpet, radiator, loft access hatch, double glazed window to front, doors to accommodation off.

Bedroom One 18’11 x 11’ Double glazed windows to front and rear, fitted carpet, two radiators, power points, fitted wardrobes.

Bedroom Two 12’2 x 10’ Double glazed window to rear, fitted carpet, power points, radiator.

Bedroom Three 13’5 x 9’9 Double glazed window to front, fitted carpet, radiator, power points.

Bedroom Four 12’8 x 9’10 Double glazed window to rear, fitted carpet, power points, fitted wardrobes.

Bathroom Four piece suite comprising corner panelled bath, low flush w.c, corner shower cubicle, pedestal wash basin, tiled walls, obscure window to side, radiator.

Rear Garden The property benefits from a lovely established rear garden commencing with patio, remainder is mainly laid to established lawn with shrubs, trees and hedges surrounding, fencing to borders, side access to front.

Garage Up and over door and personal door to front, personal door to and from utility room.

Front Garden Block paved driveway providing off street parking with lawned area adjacent.

PLEASE NOTE:-

We recommend our customers use our panel of Conveyancers/Solicitors. It is your decision whether you choose to deal with our recommendation, and you are under no obligation to do so. You should know that we may receive a referral fee of £150 to £200 per transaction from them. Should you arrange a Mortgage through our recommended mortgage advisor, again of which there is no obligation we will receive a commission fee. The amount of commission will depend on the size of the loan and any associated products that you decide to take. The Consumer Protection from Unfair Trading Regulations 2008 (CPRs). These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested. Items shown in photographs are NOT necessarily included. Interested Parties are advised to check availability and make an appointment to view before travelling to see a property.

Agent Details

Amos Estates, Hadleigh

01702 555888

Next Steps?

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