2 Bed Terraced House, Single Let, Benfleet, SS7 1AX, £315,000

London Road, Benfleet, SS7 1AX - 2 views - 2 months ago

Leasehold
BTL
~68 m²
+11 photos

ValuationUndervalued

Sold Prices£250K - £545K
Sold Prices/m²£3.1K/m² - £7.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.6K/m²

Value Estimate

£368,511
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£78,750

Stamp Duty & Legal Fees

£13,900

Total Cash In

£92,650

 

 

Cash Out

 

Rent Range

£850 - £1,750

Rent Estimate

£863

Running Costs/mo

£1,177

Cashflow/mo

£-314

Cashflow/yr

£-3,768

Gross Yield

3%

Local Sold Prices

52 sold prices from £250K to £545K, average is £345K. £3.1K/m² to £7.4K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£395K12/210.28 mi81, Bowers Road, Benfleet, Essex SS7 1BH2
£290K02/210.28 mi6, Felstead Road, Benfleet, Southend-on-sea SS7 1BJ2
£290K04/210.4 mi478, Kents Hill Road North, Benfleet, Essex SS7 4AB2
£370K09/230.4 mi482, Kents Hill Road North, Benfleet, Essex SS7 4AB2
£415K09/210.4 mi7, Dubarry Close, Benfleet, Essex SS7 3AJ2
£345K12/210.41 mi24, Kings Park, Benfleet, Essex SS7 3AY2
£296K01/210.42 mi50, Gifford Road, Benfleet, Essex SS7 5XU2
£325K01/230.43 mi305, London Road, Benfleet, Essex SS7 5XP2
£308K12/230.43 mi5, Hart Road, Thundersley, Benfleet, Essex SS7 3PA2
£308K12/230.43 mi5, Hart Road, Thundersley, Benfleet, Essex SS7 3PA2
£285K10/210.43 mi293, London Road, Benfleet, Essex SS7 5XP2
£317K04/240.43 mi25, Bradley Close, Benfleet, Essex SS7 3AH2
£403K11/230.45 mi18, Bowers Road, Benfleet, Essex SS7 5PZ2
£485K08/230.45 mi26, Grasmere Road, Benfleet, Essex SS7 3HF2
£335K10/210.48 mi29, Hazlemere Road, Benfleet, Essex SS7 4AF2
£370K05/240.5 mi56, Kings Park, Benfleet, Essex SS7 3BA2
£545K04/210.55 mi29, The Dale, Thundersley, Benfleet, Essex SS7 1TD2
£345K07/230.6 mi61a, Manor Road, Benfleet, Essex SS7 4BE2
£345K07/230.6 mi61a, Manor Road, Benfleet, Essex SS7 4BE2
£356K05/240.6 mi32, Langford Crescent, Benfleet, Essex SS7 3JP2
£327K02/230.62 mi66, Constitution Hill, Benfleet, Essex SS7 1ED2
£460K01/230.63 mi90, Kents Hill Road, Benfleet, Essex SS7 5PJ2
£370K01/240.63 mi157, Cumberland Avenue, Benfleet, Essex SS7 1DX2
£325K04/230.65 mi5, Southwold Crescent, Benfleet, Essex SS7 5SW2
£320K09/230.66 mi29, Waverley Road, Benfleet, Essex SS7 4AX2
£355K10/230.66 mi63, Croft Road, Benfleet, Essex SS7 5RL2
£362.5K05/230.7 mi27, Northern Avenue, Benfleet, Essex SS7 5SN2
£340K04/240.7 mi18, Northern Avenue, Benfleet, Essex SS7 5SN2
£360K04/230.72 mi35, Constitution Hill, Benfleet, Essex SS7 1EB2
£350K03/240.72 mi16, Chancel Close, Benfleet, Essex SS7 4ET2
£410K01/230.72 mi1, Lynn View Close, Benfleet, Essex SS7 5RJ2
£308K06/210.72 mi21, Prestwood Drive, Benfleet, Essex SS7 3LB2
£315K10/230.72 mi11, Prestwood Drive, Benfleet, Essex SS7 3LB2
£355K03/240.72 mi12, Prestwood Close, Benfleet, Essex SS7 3LD2
£275K11/200.73 mi144, Church Road, Benfleet, Essex SS7 4EN2
£410K07/230.73 mi10, Lynn View Close, Benfleet, Essex SS7 5RJ2
£370K08/230.73 mi5, Lynn View Close, Benfleet, Essex SS7 5RJ2
£375K03/240.73 mi62, Thundersley Park Road, Benfleet, Essex SS7 1ET2
£480K01/210.74 mi52, Kents Hill Road, Benfleet, Essex SS7 5PL2
£350K12/230.74 mi43, South View Road, Benfleet, Essex SS7 5ND2
£430K08/230.75 mi55, Southwold Crescent, Benfleet, Essex SS7 5SR2
£460K11/210.77 mi70, Church Road, Benfleet, Essex SS7 4EU2
£315K04/210.79 mi46, Melcombe Road, Benfleet, Essex SS7 5NB2
£330K02/230.79 mi18, Hatley Gardens, Benfleet, Essex SS7 5ST2
£270K09/210.79 mi14, Hatley Gardens, Benfleet, Essex SS7 5ST2
£320K12/200.79 mi19, Overton Road, Benfleet, Essex SS7 4HQ2
£392.5K06/230.81 mi189, Hart Road, Thundersley, Benfleet, Essex SS7 3QU2
£325K01/230.82 mi3, Sayers, Benfleet, Essex SS7 3RT2
£300K06/210.82 mi33, Eversley Road, Benfleet, Essex SS7 4JE2
£340K02/210.83 mi11, Sydney Road, Benfleet, Essex SS7 5RD2
£250K06/210.83 miApartment 15, Lambeth Court, Lambeth Road, Benfleet, Essex SS7 4FB2
£300K11/200.85 mi9, Alderleys, Benfleet, Essex SS7 3QZ2

Local Rents

36 rents from £850/mo to £1.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,43001/250.11 mi-2
£1,40003/250.11 mi-2
£1,30005/240.13 mi-2
£1,30009/240.13 miLondon Road, Benfleet, SS72
£1,40012/230.6 mi-2
£1,30009/240.68 mi-2
£1,35009/240.68 mi-2
£1,20004/240.68 mi-2
£1,10007/230.68 mi-2
£1,10006/230.68 mi-2
£95004/250.72 mi-2
£87505/240.72 mi-2
£1,45009/240.73 miThundersley Park Road, Benfleet, SS7 1ET2
£85009/240.74 miManor Court, Benfleet2
£1,40005/230.8 mi-2
£1,50001/250.8 mi-2
£1,50001/250.8 mi-2
£1,25012/240.83 mi-2
£1,25012/240.83 mi-2
£1,50001/240.84 mi-2
£1,50002/240.84 mi-2
£1,55001/250.84 mi-2
£1,55003/250.84 mi-2
£1,25009/240.84 mi-2
£1,25006/240.84 mi-2
£1,20009/240.85 miHigh Road, Benfleet2
£1,69503/250.92 mi-2
£1,10009/240.99 miLondon Road, Benfleet, SS72
£1,75009/241 miBenfleet Road, Benfleet, SS72
£1,25009/241 miHall Farm Road, Benfleet, Essex, SS72
£1,20009/241.03 miMerrivale, Benfleet2
£1,20009/241.08 miJotmans Lane, Benfleet2
£1,25009/241.11 miBrook Road,Benfleet,SS72
£1,50009/241.12 miThe Residences, Rayleigh Road, SS72
£1,35009/241.15 miRayleigh Road, SS72
£1,30009/241.2 miHigh Road, Benfleet2

Local Area Statistics

Population in SS7

49,121

Town centre distance

0.62 miles away

Nearest school

0.30 miles away

Nearest train station

1.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £315,000

February 10, 2025

Floor Plans

Description

  • Built In 2022 +
  • Private Outdoor Terrace +
  • Share Of Freehold +
  • Immaculate Condition Throughout +
  • Two Bedroom Apartment +
  • Sought After Development +
  • Ground Floor +
  • Tax Band C +

Situated on London Road, this apartment is part of a highly desirable development in Benfleet. With two bedrooms and two bathrooms, it provides ample space for comfortable living. The property was built in 2022 and comes with a share of freehold, offering potential buyers peace of mind regarding ownership.

The apartment is located on the ground floor and boasts a private outdoor terrace, perfect for enjoying some fresh air. The interior is in immaculate condition throughout, ensuring that you can move in without needing to make any immediate improvements. Its 759m2 build area provides a generous living space.

Benfleet offers convenient access to local amenities, making it an ideal location for residents. With schools and parks nearby, it's suited for families as well as professionals seeking a well-connected area. Take advantage of this opportunity to own an affordable home in a sought-after development; enquire today.

Material Information
Tenure: Leasehold
Lease Remaining: 171
Service Charge: £1,200pa
Ground Rent: N/A
Council Tax Band: C
Flood Risk: Low and Very Low
Conservation Area: No
Electric: Yes
Gas: Yes
Water: Mains
Sewage: Mains

Agent Details

Fisks Ltd, Benfleet

01268 203388

Next Steps?

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