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2 Bed Flat, Single Let, Benfleet, SS7 3XT, £210,000

Abbotswood, Benfleet, SS7 3XT - 2 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£120K - £258.5K
Sold Prices/m²£1.6K/m² - £4.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£219,568
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,500

Total Cash In

£60,000

 

 

Cash Out

 

Rent Range

£950 - £1,750

Rent Estimate

£1,100

Running Costs/mo

£896

Cashflow/mo

£204

Cashflow/yr

£2,445

ROI

4%

Gross Yield

6%

Local Sold Prices

28 sold prices from £120K to £258.5K, average is £220K. £1.6K/m² to £4.2K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£245K01/210.17 mi106a, Rayleigh Road, Thundersley, Benfleet, Essex SS7 3YS2
£225K10/200.18 mi12, Robins Path, Benfleet, Essex SS7 1FG2
£220K03/230.48 miFlat 41, Queens Lodge, Benfleet Road, Benfleet, Essex SS7 1NY2
£220K08/210.48 miFlat 38, Queens Lodge, Benfleet Road, Benfleet, Essex SS7 1NY2
£192.5K01/210.48 miFlat 39, Queens Lodge, Benfleet Road, Benfleet, Essex SS7 1NY2
£220K09/230.72 mi59, Templewood Court, Benfleet, Essex SS7 2RH2
£185K06/210.72 mi45, Templewood Court, Benfleet, Essex SS7 2RH2
£190K04/210.72 mi60, Templewood Court, Benfleet, Essex SS7 2RH2
£185K06/210.72 mi45, Templewood Court, Benfleet, Essex SS7 2RH2
£120K03/240.72 mi54, Templewood Court, Benfleet, Essex SS7 2RH2
£258.5K10/230.72 miFlat B, The Laurels, Templewood Court, Benfleet, Essex SS7 2RQ2
£205K04/210.73 mi1, Templewood Court, Benfleet, Essex SS7 2RQ2
£216.5K06/230.76 miFlat 1, Aston Place, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£208K11/200.76 miFlat 8, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£205K11/210.76 miFlat 14, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£240K04/240.76 miAston Place, Flat 14, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£170K02/240.79 miWillow Lodge, Flat 18, Hart Road, Thundersley, Benfleet, Essex SS7 3PQ2
£237.5K10/230.92 miFlat 4, Steeple Gate, Castle Lane, Benfleet, Essex SS7 2AF2
£238.5K05/210.92 miFlat 3, Steeple Gate, Castle Lane, Benfleet, Essex SS7 2AF2
£222K11/200.93 mi34, Kenneth Road, Benfleet, Essex SS7 3AT2
£190K03/210.95 miFlat 3, Castle Court, Castle Lane, Benfleet, Essex SS7 2AE2
£222K10/230.96 miFlat 48, Wilkinson Drop, Oak Road South, Benfleet, Essex SS7 2BG2
£230K07/230.96 miFlat 43, Wilkinson Drop, Oak Road South, Benfleet, Essex SS7 2BG2
£205K04/210.96 miFlat 53, Wilkinson Drop, Oak Road South, Benfleet, Essex SS7 2BG2
£238K10/230.96 miWilkinson Drop, Flat 27, Oak Road South, Benfleet, Essex SS7 2BG2
£240K11/220.96 miFlat 55, Wilkinson Drop, Oak Road South, Benfleet, Essex SS7 2BG2
£250K08/210.97 mi16a, The Avenue, Benfleet, Essex SS7 2DL2
£185K01/211 miFlat 1, Everglades, London Road, Hadleigh, Benfleet, Essex SS7 2ED2

Local Rents

20 rents from £950/mo to £1.8K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,50009/240.27 miThe Residences, Rayleigh Road, SS72
£1,69503/250.34 mi-2
£1,45009/240.53 miSpringfield Hadleigh2
£1,35009/240.6 miRayleigh Road, SS72
£1,10009/240.79 miLondon Road, Hadleigh, Benfleet, Essex, SS72
£1,35004/240.8 mi-2
£1,35009/240.8 miHigh Street, Hadleigh, Benfleet, SS72
£1,50012/240.81 mi-2
£95009/240.96 miWilkinson Drop Oak Road South, Hadleigh2
£1,70009/240.97 miBeech Road, Hadleigh2
£1,00009/241 miLondon Road, Hadleigh2
£1,30009/241.04 miLondon Road, Hadleigh, Benfleet, Essex, SS72
£1,40009/241.04 miFlat 3, 335 London Road2
£1,10009/241.05 miCastle Gate, London Road, Hadleigh2
£1,75009/241.06 miBenfleet Road, Benfleet, SS72
£1,20009/241.07 miWeir Farm Road, Rayleigh, Rayleigh, 2
£1,35009/241.08 miWeir Farm Road, Rayleigh, SS62
£1,43012/241.23 mi-2
£1,40003/251.23 mi-2
£1,15009/241.23 miEverglades, London Road, Hadleigh2

Links

Local Area Statistics

Population in SS7

49,121

Town centre distance

0.52 miles away

Nearest school

0.40 miles away

Nearest train station

1.82 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £210,000

February 8, 2025

Floor Plans

Description

  • Communal Gardens Providing Outdoor Enjoyment +
  • Catchment To Westwood Academy & The King John School +
  • Easy Access To A127 +
  • Stone’s Throw From West Wood +
  • Two Well-Sized Bedrooms +
  • Communal Parking +

Designed for comfortable and convenient living, the flat boasts a spacious lounge, a well-equipped kitchen/diner, and two well-proportioned bedrooms, ensuring plenty of space for relaxation and everyday life.

Situated in a sought-after location, this property enjoys a wonderful balance of tranquillity and accessibility. With excellent transport links, local amenities, and green spaces nearby, residents can take advantage of both convenience and a welcoming community. Whether it's shopping, dining, or enjoying the outdoors, everything you need is just a short distance away.

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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