8 Bed HMO, Canvey Island, SS8 7EB, £650,000





ValuationUndervalued
Sold Prices | £300K - £600K |
Sold Prices/m² | £2.4K/m² - £7.2K/m² |
| |
Square Metres | ~248 m² |
Price/m² | £2.6K/m² |
Value Estimate | £806,000£806,000 |
BMV | 24% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £162,500£162,500 |
Stamp Duty & Legal Fees | £53,700£53,700 |
Total Cash In | £216,200£216,200 |
| |
Cash Out | |
Room Rate | £654£654 |
Gross Rent | £5,232£5,232 |
Running Costs/mo | £4,085£4,085 |
Cashflow/mo | £1,147£1,147 |
Cashflow/yr | £13,759£13,759 |
ROI | 6%6% |
Gross Yield | 10%10% |
Local Sold Prices
52 sold prices from £300K to £600K, average is £410K. £2.4K/m² to £7.2K/m², average is £3.6K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£325K | 11/20 | 0.08 mi | 13, Chamberlain Avenue, Canvey Island, Essex SS8 8AG | £3,250 | 100 | 4 | Detached House | |
£450K | 07/23 | 0.17 mi | 31b, Rainbow Road, Canvey Island, Essex SS8 8AH | £4,369 | 103 | 4 | Detached House | |
£450K | 07/23 | 0.17 mi | 31b, Rainbow Road, Canvey Island, Essex SS8 8AH | £4,369 | 103 | 4 | Detached House | |
£425K | 07/21 | 0.31 mi | 4, Knightswick Road, Canvey Island, Essex SS8 9PA | - | - | 4 | Detached House | |
£365K | 12/20 | 0.33 mi | 81, Long Road, Canvey Island, Essex SS8 0JA | £3,230 | 113 | 4 | Detached House | |
£462.5K | 11/23 | 0.33 mi | 77, Long Road, Canvey Island, Essex SS8 0JA | - | - | 4 | Detached House | |
£470K | 02/21 | 0.36 mi | 52, Labworth Road, Canvey Island, Essex SS8 7BS | £2,435 | 193 | 4 | Detached House | |
£355K | 11/20 | 0.39 mi | 28, Waarden Road, Canvey Island, Essex SS8 9AB | £2,910 | 122 | 4 | Detached House | |
£380K | 01/23 | 0.41 mi | 4, Newlands Road, Canvey Island, Essex SS8 8EU | £4,780 | 80 | 4 | Semi-Detached House | |
£390K | 10/23 | 0.42 mi | 8, Harvest Road, Canvey Island, Essex SS8 9PD | £2,868 | 136 | 4 | Detached House | |
£425K | 06/23 | 0.43 mi | 20, Meynell Avenue, Canvey Island, Essex SS8 7DB | - | - | 4 | Semi-Detached House | |
£535K | 06/23 | 0.43 mi | 10, The Avenue, Canvey Island, Essex SS8 0AJ | - | - | 4 | Semi-Detached House | |
£396K | 06/21 | 0.44 mi | 23, Central Wall Road, Canvey Island, Essex SS8 9UU | £3,499 | 113 | 4 | Detached House | |
£355K | 11/20 | 0.46 mi | 58, Labworth Road, Canvey Island, Essex SS8 7DF | £2,863 | 124 | 4 | Semi-Detached House | |
£515K | 05/23 | 0.46 mi | 18, Miltsin Avenue, Canvey Island, Essex SS8 8EE | - | - | 4 | Detached House | |
£410K | 07/23 | 0.46 mi | 66, Labworth Road, Canvey Island, Essex SS8 7DF | £3,796 | 108 | 4 | Semi-Detached House | |
£410K | 07/23 | 0.46 mi | 66, Labworth Road, Canvey Island, Essex SS8 7DF | £3,796 | 108 | 4 | Semi-Detached House | |
£420K | 11/23 | 0.46 mi | 35, Heeswyk Road, Canvey Island, Essex SS8 8ET | - | - | 4 | Semi-Detached House | |
£405K | 12/20 | 0.47 mi | 15, Ameland Road, Canvey Island, Essex SS8 9PS | £3,240 | 125 | 4 | Detached House | |
£475K | 04/23 | 0.47 mi | 98, Long Road, Canvey Island, Essex SS8 0JL | - | - | 4 | Detached House | |
£450K | 01/21 | 0.47 mi | 42, Antony Close, Canvey Island, Essex SS8 9PF | £3,358 | 134 | 4 | Detached House | |
£390K | 03/21 | 0.48 mi | 41, Komberg Crescent, Canvey Island, Essex SS8 8ED | £2,977 | 131 | 4 | Detached House | |
£420K | 09/21 | 0.48 mi | 52, Nevada Road, Canvey Island, Essex SS8 8EY | - | - | 4 | Detached House | |
£403K | 03/23 | 0.48 mi | 56, Nevada Road, Canvey Island, Essex SS8 8EY | - | - | 4 | Detached House | |
£420K | 05/23 | 0.48 mi | 35, Nevada Road, Canvey Island, Essex SS8 8EY | £5,360 | 78 | 4 | Semi-Detached House | |
£350K | 10/20 | 0.51 mi | 26, Urmond Road, Canvey Island, Essex SS8 9AD | £2,672 | 131 | 4 | Semi-Detached House | |
£435K | 01/24 | 0.51 mi | 18, Shell Beach Road, Canvey Island, Essex SS8 7NU | £3,566 | 122 | 4 | House | |
£435K | 12/20 | 0.52 mi | 27, Gafzelle Drive, Canvey Island, Essex SS8 7NB | - | - | 4 | Detached House | |
£340K | 11/20 | 0.52 mi | 61, Newlands Road, Canvey Island, Essex SS8 8HL | £3,820 | 89 | 4 | Detached House | |
£380K | 01/21 | 0.53 mi | 28, Winterswyk Avenue, Canvey Island, Essex SS8 8PA | £3,167 | 120 | 4 | Detached House | |
£375K | 05/23 | 0.53 mi | 28, Munsterburg Road, Canvey Island, Essex SS8 8HP | - | - | 4 | Semi-Detached House | |
£467.5K | 08/23 | 0.53 mi | 14, Gennep Road, Canvey Island, Essex SS8 8DB | £4,394 | 106 | 4 | Detached House | |
£300K | 05/21 | 0.54 mi | 112, May Avenue, Canvey Island, Essex SS8 7HF | £2,609 | 115 | 4 | Semi-Detached House | |
£350K | 12/22 | 0.54 mi | 8, Eton Close, Canvey Island, Essex SS8 9RU | £3,804 | 92 | 4 | Semi-Detached House | |
£370K | 05/23 | 0.54 mi | 4, Eastfield Road, Canvey Island, Essex SS8 8HR | £3,700 | 100 | 4 | Terraced House | |
£343K | 11/20 | 0.54 mi | 58, Kellington Road, Canvey Island, Essex SS8 8EH | £6,236 | 55 | 4 | Detached House | |
£310K | 01/21 | 0.56 mi | 3, Whiteways, Canvey Island, Essex SS8 7HJ | £2,844 | 109 | 4 | Semi-Detached House | |
£412.5K | 02/23 | 0.56 mi | 5, Whiteways, Canvey Island, Essex SS8 7HJ | £3,750 | 110 | 4 | Detached House | |
£450K | 01/23 | 0.57 mi | 33, Central Wall Road, Canvey Island, Essex SS8 9PJ | £4,167 | 108 | 4 | Detached House | |
£387K | 03/21 | 0.57 mi | 36, Leigh Road, Canvey Island, Essex SS8 0AP | £7,167 | 54 | 4 | Semi-Detached House | |
£440K | 10/22 | 0.57 mi | 12, Holmswood, Canvey Island, Essex SS8 8HY | - | - | 4 | Terraced House | |
£370K | 05/23 | 0.6 mi | 4, Wessem Road, Canvey Island, Essex SS8 8DF | £3,394 | 109 | 4 | Detached House | |
£450K | 03/21 | 0.61 mi | 88, The Driveway, Canvey Island, Essex SS8 0AD | £3,191 | 141 | 4 | Semi-Detached House | |
£470K | 08/23 | 0.61 mi | 123, Lionel Road, Canvey Island, Essex SS8 9DY | £3,676 | 128 | 4 | Detached House | |
£415K | 12/20 | 0.62 mi | 33, Craven Avenue, Canvey Island, Essex SS8 0DJ | £3,487 | 119 | 4 | Detached House | |
£600K | 06/21 | 0.64 mi | 43, The Parkway, Canvey Island, Essex SS8 0AE | - | - | 4 | Detached House | |
£380K | 06/21 | 0.66 mi | 30, Daarle Avenue, Canvey Island, Essex SS8 9ED | £3,878 | 98 | 4 | Detached House | |
£350K | 10/21 | 0.66 mi | 7, Brewster Close, Canvey Island, Essex SS8 9EL | - | - | 4 | Detached House | |
£380K | 12/22 | 0.66 mi | 1, Brewster Close, Canvey Island, Essex SS8 9EL | - | - | 4 | Terraced House | |
£410K | 12/22 | 0.67 mi | 46, Roosevel Avenue, Canvey Island, Essex SS8 9EE | - | - | 4 | Semi-Detached House | |
£440K | 02/23 | 0.67 mi | 11, Bay Close, Canvey Island, Essex SS8 0AF | £5,867 | 75 | 4 | Detached House | |
£350K | 01/23 | 0.68 mi | 1, Hilversum Way, Canvey Island, Essex SS8 9UR | £3,579 | 98 | 4 | Semi-Detached House |
Local Area Statistics
Population in SS8 | 38,13438,134 |
Population in Canvey Island | 38,13838,138 |
Town centre distance | 0.53 miles away0.53 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 2.21 miles away2.21 miles away |
| |
Rental growth (12m) | +72%+72% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +21%+21% |
Property History
Listed for £650,000
February 4, 2025
Floor Plans

Description
- Guide Price £650,000 - £700,000 +
- Self Contained Annexe +
- Potential HMO +
- Off Street Parking for Multiple Vehicles +
- Three Genuine Reception Rooms +
- Close Links to Schools and Shops +
- Council Tax Band D +
- Characterful Home +
- Landscaped Rear Garden +
- En Suite to Master Bedroom +
This expansive and characterful eight-bedroom home offers one of the largest footprints we have seen in years, providing an incredible amount of space and versatility. Currently arranged as an eight-double-bedroom residence, the layout offers endless possibilities for reconfiguration. The ground floor could easily be adapted to create additional reception rooms or larger living areas, while the first floor presents an opportunity to enlarge existing bedrooms or introduce further en-suites to enhance the overall accommodation.
Internally, the home features a spacious lounge that seamlessly connects to a modern, contemporary kitchen, complete with doors leading to the rear garden. The open-plan dining area flows into a separate snug, providing a cozy and versatile living space. Another standout feature of the ground floor is a near self-contained section of the home, offering an additional living room, laundry room, WC, and a bedroom perfect for guests or extended family. In addition, there is a completely self-contained annex, comprising a double bedroom, bathroom, and kitchen, offering fantastic potential for multi-generational living or a rental opportunity. Across the property, there are a total of four well-appointed bathrooms, ensuring convenience and practicality for larger households.
The first floor continues the theme of generous space, with well-proportioned bedrooms that can be easily adapted to suit the needs of the next owner. The property offers ample storage throughout and retains a wealth of character, blending modern finishes with traditional charm.
Externally, the home is situated on a private unadopted road, adding a sense of exclusivity. A beautifully designed brick-built pond, decked seating area, and low-maintenance artificial grass create a serene outdoor retreat. The rear of the property is cladded, giving it a charming cottage-style aesthetic, which is complemented by brown double-glazed windows and distinctive dormer features to the front aspect. Off-street parking is available for multiple vehicles, providing convenience for homeowners and guests alike.
Located in a central position, the property is within walking distance of Canvey Island town centre, offering a range of shops, amenities, and everyday conveniences. Well-regarded schools such as Castle View School, Lubbins Park Primary Academy, and St Josephs Catholic Primary School are all nearby, making this an ideal location for families. The area is well-served by public transport and local facilities, ensuring a convenient and well-connected lifestyle.
This home is an incredibly rare opportunity, offering a vast amount of space with exceptional versatility. Whether as a large family residence, a multi-generational home, or an investment opportunity with high rental yield potential, this property is a truly unique find. Viewing is highly recommended to fully appreciate everything it has to offer.