3 Bed Terraced House, Single Let, Stanford-le-Hope, SS17 8EQ, £340,000

21a Grover Walk, Corringham, Essex, SS17 7LP - 2 months ago

Sold STC
BTL
ROI: 2%
~93 m²
+17 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£85,000

Stamp Duty & Legal Fees

£15,900

Total Cash In

£100,900

 

 

Cash Out

 

Rent Range

£1,450 - £1,850

Rent Estimate

£1,540

Running Costs/mo

£1,391

Cashflow/mo

£150

Cashflow/yr

£1,794

ROI

2%

Gross Yield

5%













Local Rents

11 rents from £1.4K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,85002/250.16 mi-3
£1,70009/240.17 miSandringham Close, Stanford-Le-Hope3
£1,85001/250.21 mi-3
£1,65003/250.25 mi-3
£1,70012/240.41 mi-3
£1,65012/240.45 mi-3
£1,45009/240.49 miMonks Haven, Stanford-Le-Hope3
£1,80003/250.49 mi-3
£1,54009/240.52 miBurton Close, Corringham, Stanford-Le-Hope, SS173
£1,54009/240.52 mi-3
£1,65002/250.54 mi-3

Local Area Statistics

Population in SS17

32,518

Town centre distance

0.36 miles away

Nearest school

0.30 miles away

Nearest train station

1.07 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £340,000

January 31, 2025

Floor Plans

Description

  • Gas Central Heating +
  • Upvc Double Glazed +
  • Lounge 15'4 x 13'11 +
  • Sitting/Dining Room 14' x 9'4 +
  • Fitted Kitchen +
  • Integrated Kitchen Appliances +
  • Fully Tiled Bathroom +
  • 40' Rear Garden approx. +
  • Garage in Block +
  • No Onward Chain +

We are pleased to offer to the market this three bedroom staggered terrace house which has been extended to rear to offer two receptions and a kitchen to the ground floor. The property is situated in a cul de sac in a popular residential location within the ever popular "Homesteads". The property is additionally offered with the advantage of no onward chain and an early appointment to view is recommended. The property has a Upvc doubled glazed entrance porch which opens to an open plan lounge which in turn leads to a sitting room with laminate wood flooring running through both rooms. The fitted kitchen to the rear of the property has oak effect base, wall mounted and full height cupboards with contrasting rolled edge work surfaces and integrated mid height double oven/grill, gas hob and stainless steel chimney extractor with ceramic tiled walls and flooring. There are three first floor bedrooms with fitted wardrobes to the master bedroom. The bathroom has a modern white suite with panelled bath with mixer bar shower, pedestal wash hand basin and low level wc. The property has Upvc double glazing throughout and has a combi boiler located in the kitchen serving the central heating and hot water systems. The rear garden is approximately 40' in length and is mostly paved with fenced boundaries. The front garden is mostly shingled with a retaining wall. Garage in block close by

Agent Details

Connollys, Corringham

01375 803669

Next Steps?

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