3 Bed Bungalow, Refurb/BRRR, Stanford-le-Hope, SS17 9HG, £850,000

19 Kings Parade, King Street, Stanford-le-Hope, Essex, SS17 0HP - 7 views - 2 months ago

Sold STC
Refurb/BRRR
~93 m²
+20 photos

ValuationOvervalued

Sold Prices£255K - £580K
Sold Prices/m²£1.9K/m² - £7.5K/m²

 

 

Square Metres

~93 m²
Price/m²£9.1K/m²

Value Estimate

£381,394

 

 

End Value (After Refurb)

£563,125

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£212,500

Stamp Duty & Legal Fees

£56,700

Refurb Costs

£46,000

Bridging Loan Interest

£22,313

Total Cash In

£339,263

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£563,125

Mortgage (After Refinance)

£422,344

Mortgage LTV

75%

Cash Left In

£339,263

Equity

£140,781

Rent Range

£775 - £3,450

Rent Estimate

£1,715

Running Costs/mo

£2,123

Cashflow/mo

£-408

Cashflow/yr

£-4,893

Gross Yield

2%

Local Sold Prices

50 sold prices from £255K to £580K, average is £380.5K. £1.9K/m² to £7.5K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£580K08/220.32 miChez Nous, High Road, Fobbing, Stanford-le-hope, Thurrock SS17 9HN3
£305K04/210.7 mi4, Brickfield Close, Vange, Basildon, Essex SS16 4XU3
£412.5K06/210.73 mi18, Cashmere Way, Basildon, Essex SS16 4RE3
£365K10/230.74 mi32, Hollands Walk, Basildon, Essex SS16 4QQ3
£260K01/210.74 mi32, Hollands Walk, Basildon, Essex SS16 4QQ3
£385K12/220.86 mi6, Leon Drive, Vange, Basildon, Essex SS16 4RJ3
£305K01/230.86 mi1, Deneway, Basildon, Essex SS16 4TJ3
£381K06/210.93 mi37, Seaview Avenue, Basildon, Essex SS16 4QZ3
£321K02/210.94 mi68, Wheatley Road, Corringham, Stanford-le-hope, Thurrock SS17 9EF3
£355K08/230.94 mi64, Wheatley Road, Corringham, Stanford-le-hope, Thurrock SS17 9EF3
£365K09/230.94 mi68, Wheatley Road, Corringham, Stanford-le-hope, Thurrock SS17 9EF3
£330K02/230.95 mi26, Merricks Lane, Basildon, Essex SS16 4RT3
£370K11/200.95 mi112, Thames Crescent, Corringham, Stanford-le-hope, Thurrock SS17 9DZ3
£275K04/210.95 mi13, The Slades, Basildon, Essex SS16 4SG3
£385K05/210.97 mi39, Ashway, Corringham, Stanford-le-hope, Thurrock SS17 9EB3
£432.5K10/230.98 mi28, Toucan Way, Basildon, Essex SS16 5ER3
£430K03/210.99 mi2, Curlew Crescent, Basildon, Essex SS16 5HR3
£362K05/230.99 mi57, Downs Grove, Basildon, Essex SS16 4QL3
£255K11/201.01 mi5, Goldings Crescent, Basildon, Essex SS16 4RY3
£305K11/201.01 mi15, Goldings Crescent, Basildon, Essex SS16 4RY3
£340K03/211.01 mi5, Linnets, Basildon, Essex SS16 5ES3
£425K08/231.02 mi4, Wheatley Road, Corringham, Stanford-le-hope, Thurrock SS17 9EQ3
£320K06/211.02 mi3, Wheatley Road, Corringham, Stanford-le-hope, Thurrock SS17 9EQ3
£427.5K02/231.03 mi131, Sparrows Herne, Basildon, Essex SS16 5ET3
£425K06/211.03 mi6, Ravensdale, Basildon, Essex SS16 5HP3
£460K07/221.04 mi2, Toucan Way, Basildon, Essex SS16 5ER3
£395K12/201.04 mi57, Swallow Dale, Basildon, Essex SS16 5JG3
£430K11/231.05 mi61, Sparrows Herne, Basildon, Essex SS16 5EW3
£450K03/211.06 mi9, Woodbrooke Way, Corringham, Stanford-le-hope, Thurrock SS17 9DR3
£400K06/211.07 mi6, Mountview Close, Vange, Basildon, Essex SS16 4RN3
£330K04/211.09 mi28, Woodbrooke Way, Corringham, Stanford-le-hope, Thurrock SS17 9DP3
£406.8K07/211.09 mi34, Woodbrooke Way, Corringham, Stanford-le-hope, Thurrock SS17 9DP3
£415K01/241.09 mi54, Woodbrooke Way, Corringham, Stanford-le-hope, Thurrock SS17 9DP3
£375K11/201.09 mi30, Swallow Dale, Basildon, Essex SS16 5JF3
£385K09/211.1 mi11, Hawksway, Basildon, Essex SS16 5JQ3
£425K09/221.1 mi13, Hawksway, Basildon, Essex SS16 5JQ3
£360K01/231.1 mi107, Digby Road, Corringham, Stanford-le-hope, Thurrock SS17 9BU3
£440K04/231.11 mi110, Digby Road, Corringham, Stanford-le-hope, Thurrock SS17 9BU3
£450K02/231.11 mi134, Digby Road, Corringham, Stanford-le-hope, Thurrock SS17 9BU3
£315K03/211.12 mi19, Latchetts Shaw, Basildon, Essex SS16 5DW3
£425K04/231.12 mi37, Kersbrooke Way, Corringham, Stanford-le-hope, Thurrock SS17 9EN3
£322K03/211.12 mi19, Paynters Mead, Basildon, Essex SS16 4EB3
£525K08/231.13 mi1, Lampits Lane, Corringham, Stanford-le-hope, Thurrock SS17 9AD3
£435K10/231.13 mi1, Beechcombe, Corringham, Stanford-le-hope, Thurrock SS17 9DN3
£380K09/211.14 mi8, Sheldon Close, Corringham, Stanford-le-hope, Thurrock SS17 9DA3
£398K04/211.14 mi42, Sparrows Herne, Basildon, Essex SS16 5HL3
£305K08/211.14 mi18, Sparrows Herne, Basildon, Essex SS16 5HL3
£325K03/231.15 mi80, Milton Road, Corringham, Stanford-le-hope, Thurrock SS17 8JU3
£300K06/211.15 mi76, Milton Road, Corringham, Stanford-le-hope, Thurrock SS17 8JU3
£372.5K01/241.15 mi126, Milton Road, Corringham, Stanford-le-hope, Thurrock SS17 8JU3

Local Rents

40 rents from £775/mo to £3.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£95009/240.77 miHollands Walk, SS161
£1,55003/250.82 mi-2
£1,30009/240.83 miThe Vale, Basildon2
£1,60003/250.83 mi-2
£1,85012/240.84 mi-3
£1,78003/250.84 mi-3
£1,07010/230.89 mi-2
£1,75009/240.92 mi-3
£1,67509/240.94 miDowns Grove, Basildon, SS164
£1,10007/240.94 mi-2
£1,65003/250.95 mi-3
£1,70012/240.96 mi-4
£1,70009/240.99 miSouthview Park, Basildon3
£1,67509/240.99 miDowns Grove, Basildon, Essex, SS164
£1,70012/241 mi-2
£2,20009/241.14 mi-4
£1,50003/251.16 mi-2
£1,30002/241.17 mi-1
£1,55012/231.17 mi-2
£1,57503/251.17 mi-2
£1,75009/241.2 miWaldergrave, Basildon3
£3,45008/241.21 mi-6
£2,25009/241.21 miHazel road, Langdon Hills4
£1,55009/241.21 miSwan Grove, Langdon Hills, Basildon 2
£1,70009/241.25 miKingswood, Basildon3
£1,40011/241.26 mi-2
£2,39903/251.26 mi-3
£2,30003/251.26 mi-5
£1,50012/231.28 mi-3
£1,00009/241.29 miPolsteads, Basildon, SS161
£82503/251.31 mi-1
£2,00001/251.32 mi-3
£2,00002/251.32 mi-3
£80501/251.32 mi-1
£2,69009/241.35 mi-5
£77510/241.35 mi-5
£77510/241.35 mi-5
£77510/241.35 mi-5
£3,00009/241.35 mi-5
£95009/241.36 miOldwyk, Basildon, SS161

Local Area Statistics

Population in SS17

32,518

Town centre distance

1.51 miles away

Nearest school

0.70 miles away

Nearest train station

1.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £850,000

February 5, 2025

Floor Plans

Description

  • Fully detached bungalow with feature views +
  • Large plot at 440' x 95' approx (approaching 1 acre) +
  • Beautiful Fobbing, Essex location +
  • Wide range of potential (strpc) +
  • No Onward chain +
  • A great opportunity +
  • Well positioned for A13/M25/London & Southend bound travel +

*440 FT X 95 FT PLOT approx * Approaching 1 ACRE ***
This 3 Bedroom Bungalow has a significantly large plot with great potential ( s.t.r.c) and a picturesque "Fobbing" "Essex" Countryside style location with close travel connections for London / Southend Bound routes.

Nestled in the picturesque village of Fobbing Essex , this 3 bedroom detached bungalow offers a tranquil and secluded setting, perfect for those seeking a peaceful retreat. Boasting scenic views of the surrounding countryside, this property is ideal for nature lovers and those looking to escape the hustle and bustle of city life.

The property features a significantly large plot, approaching 1 Acre at 440ft x 95 ft approx posing plenty of thought towards a variety of potential opportunities the home and plot may offer. With potential for renovation/extension, self build or maybe additional dwelling (s) Subject to relevant planning approval/consents this property and plot presents a unique opportunity for buyers to create their dream home in a non-estate location.

Don't miss out on the chance to own this idyllic Essex countryside retreat with endless possibilities (s.t.r.c) Contact us today to arrange a viewing

Particulars :

Entrance Hall 20'4" x 4'5" max (6.2m x 1.35m max)

Lounge Dining Room 21'7" x 13'10" max (6.58m x 4.22m max)

Kitchen 9'11" x 9'6" (3.02m x 2.9m)

Bedroom 12'8" x 11'1" (3.86m x 3.38m)

Bedroom 11'1" x 10'5" (3.38m x 3.18m)

Bedroom 10'10" x 10'5" (3.3m x 3.18m)

Bathroom 7'2" x 4'4" (2.18m x 1.32m)

Separate W.C 5'8" x 2'4" (1.73m x 0.7m)

PLOT : Plot 439'8" x 95'2" (134m x 29m)

Agent Details

John Cottis & Co, Stanford-Le-Hope

01375 803715

Next Steps?

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