2 Bed Semi-Detached House, Refurb/BRRR, Benfleet, SS7 5NH, £300,000

Sth.Benfleet, SS7 5NH - 2 views - a month ago

Sold STC
Refurb/BRRR
ROI: 2%
~68 m²
+9 photos

ValuationFair Value

Sold Prices£270K - £500K
Sold Prices/m²£3.6K/m² - £12.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£306,000

 

 

End Value (After Refurb)

£283,796

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£33,336

Bridging Loan Interest

£7,875

Total Cash In

£130,661

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£283,796

Mortgage (After Refinance)

£212,847

Mortgage LTV

75%

Cash Left In

£130,661

Equity

£70,949

Rent Range

£1,200 - £1,550

Rent Estimate

£1,375

Running Costs/mo

£1,182

Cashflow/mo

£193

Cashflow/yr

£2,318

ROI

2%

Gross Yield

6%

Local Sold Prices

51 sold prices from £270K to £500K, average is £350K. £3.6K/m² to £12.8K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£350K12/230.1 mi43, South View Road, Benfleet, Essex SS7 5ND2
£460K01/230.12 mi90, Kents Hill Road, Benfleet, Essex SS7 5PJ2
£315K04/210.21 mi46, Melcombe Road, Benfleet, Essex SS7 5NB2
£370K01/240.22 mi157, Cumberland Avenue, Benfleet, Essex SS7 1DX2
£480K01/210.23 mi52, Kents Hill Road, Benfleet, Essex SS7 5PL2
£383K07/230.25 mi26, Cumberland Avenue, Benfleet, Essex SS7 5NY2
£383K07/230.25 mi26, Cumberland Avenue, Benfleet, Essex SS7 5NY2
£327K02/230.25 mi66, Constitution Hill, Benfleet, Essex SS7 1ED2
£360K04/230.26 mi35, Constitution Hill, Benfleet, Essex SS7 1EB2
£500K08/230.27 mi338, High Road, Benfleet, Essex SS7 5HP2
£340K02/210.28 mi11, Sydney Road, Benfleet, Essex SS7 5RD2
£331K01/210.32 mi388, High Road, Benfleet, Essex SS7 5HL2
£275K02/210.33 mi409, High Road, Benfleet, Essex SS7 5HN2
£403K11/230.36 mi18, Bowers Road, Benfleet, Essex SS7 5PZ2
£375K03/240.36 mi62, Thundersley Park Road, Benfleet, Essex SS7 1ET2
£355K10/230.39 mi63, Croft Road, Benfleet, Essex SS7 5RL2
£395K12/210.4 mi81, Bowers Road, Benfleet, Essex SS7 1BH2
£410K07/230.43 mi10, Lynn View Close, Benfleet, Essex SS7 5RJ2
£370K08/230.43 mi5, Lynn View Close, Benfleet, Essex SS7 5RJ2
£410K01/230.43 mi1, Lynn View Close, Benfleet, Essex SS7 5RJ2
£350K12/220.44 mi28, Benfleet Park Road, Benfleet, Essex SS7 5HJ2
£316K10/230.44 mi31, Boyce View Drive, Benfleet, Essex SS7 5EA2
£290K02/210.47 mi6, Felstead Road, Benfleet, Southend-on-sea SS7 1BJ2
£296K01/210.47 mi50, Gifford Road, Benfleet, Essex SS7 5XU2
£325K04/230.49 mi5, Southwold Crescent, Benfleet, Essex SS7 5SW2
£305K12/200.49 mi19, Danesfield, Benfleet, Essex SS7 5EE2
£460K07/230.49 mi17, Danesfield, Benfleet, Essex SS7 5EE2
£362.5K05/230.5 mi27, Northern Avenue, Benfleet, Essex SS7 5SN2
£340K04/240.5 mi18, Northern Avenue, Benfleet, Essex SS7 5SN2
£310K03/210.52 mi24, Danesfield, Benfleet, Essex SS7 5EF2
£270K09/210.52 mi14, Hatley Gardens, Benfleet, Essex SS7 5ST2
£340K02/210.54 mi38, Greenways, Benfleet, Essex SS7 5EQ2
£340K04/230.54 mi28, Greenways, Benfleet, Essex SS7 5EQ2
£357.5K08/230.54 mi8, Greenways, Benfleet, Essex SS7 5EQ2
£430K08/230.54 mi55, Southwold Crescent, Benfleet, Essex SS7 5SR2
£330K02/230.55 mi18, Hatley Gardens, Benfleet, Essex SS7 5ST2
£335K02/210.56 mi42, Philmead Road, Benfleet, Essex SS7 5DN2
£310K04/210.56 mi19, Philmead Road, Benfleet, Essex SS7 5DN2
£352K06/210.56 mi40, Philmead Road, Benfleet, Essex SS7 5DN2
£330K09/220.57 mi22, Peregrine Drive, Benfleet, Essex SS7 5EJ2
£285K10/210.58 mi293, London Road, Benfleet, Essex SS7 5XP2
£325K01/230.59 mi305, London Road, Benfleet, Essex SS7 5XP2
£355K07/230.59 mi36, Swallow Drive, Benfleet, Essex SS7 5EN2
£365K10/230.59 mi14, Swallow Drive, Benfleet, Essex SS7 5EN2
£310K12/230.59 mi1, Swallow Drive, Benfleet, Essex SS7 5EN2
£370K01/240.59 mi8, Swallow Drive, Benfleet, Essex SS7 5EN2
£361K08/210.62 mi48, Tyrrell Road, Benfleet, Essex SS7 5DQ2
£339.5K06/230.64 mi23, Kingfisher Drive, Benfleet, Essex SS7 5ES2
£380K04/210.64 mi6, Queens Road, Benfleet, Essex SS7 1JW2
£375K02/210.64 mi6, Loten Road, Benfleet, Essex SS7 5DD2
£305K10/200.66 mi57, Woodham Park Drive, Benfleet, Essex SS7 5EP2

Local Rents

18 rents from £1.2K/mo to £1.6K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,45009/240.36 miThundersley Park Road, Benfleet, SS7 1ET2
£1,40012/230.38 mi-2
£1,20009/240.41 miHigh Road, Benfleet2
£1,20009/240.42 miMerrivale, Benfleet2
£1,20009/240.43 miJotmans Lane, Benfleet2
£1,50001/240.48 mi-2
£1,50002/240.48 mi-2
£1,55001/250.48 mi-2
£1,55003/250.48 mi-2
£1,40005/230.53 mi-2
£1,50012/240.53 mi-2
£1,50012/240.53 mi-2
£1,25009/240.55 miHall Farm Road, Benfleet, Essex, SS72
£1,30005/240.58 mi-2
£1,30009/240.58 miLondon Road, Benfleet, SS72
£1,43012/240.59 mi-2
£1,40003/250.59 mi-2
£1,25009/240.61 miBrook Road,Benfleet,SS72

Local Area Statistics

Population in SS7

49,121

Town centre distance

1.23 miles away

Nearest school

0.20 miles away

Nearest train station

1.02 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £300,000

February 21, 2025

Floor Plans

Description

  • Popular S.A13 Turning close to shops, schools and mainline station +
  • Vacant 2 bedroom semi-detached house +
  • Large dual aspect Lounge +
  • Good sized kitchen +
  • Bathroom with separate WC +
  • Long driveway leading to detached garage. +
  • Lean to/conservatory +
  • Does require general updating +

Situated in a popular area of South Benfleet, just off the A13, this vacant two-bedroom semi-detached house offers easy access to local shops, schools, and Benfleet mainline railway station, making it an ideal location for commuters and families alike.
The property features a welcoming entrance porch leading to a spacious reception hall with stairs to the first floor. The bright and airy dual-aspect lounge benefits from patio doors that open into a lean-to conservatory, perfect for additional living space. The fitted kitchen is functional and offers potential for modernisation.On the first floor, you'll find two good-sized double bedrooms and a two-piece bathroom with a separate WC.Outside, the property is accessed via a long independent driveway that leads to a detached garage set at the rear of the house, providing ample off-road parking.While the property would benefit from some general improvements and upgrading, it presents a fantastic opportunity to add value and make it your own. Offered with no upward chain, this is an ideal purchase for first-time buyers or investors looking to renovate. 

ACCOMODATION Approached via double glazed entrance door giving access to 

ENTRANCE PORCH Double glazed windows to front and side. Carpet. Panelled entrance door giving access to. 

ENTRANCE HALL Carpet. Radiator. Wall mounted drip switches. Access to stairs to 1st floor landing with fitted carpet and wooden handrail. Under stairs storage. Doors to all rooms. 

KITCHEN 13' 8" x 6' 9" (4.17m x 2.06m) Fitted in a range of modern units offering cupboards and drawer packs to ground and eyelevel with worktops over. Inset stainless steel single bowl single drainer sink with taps.
Space for freestanding cooker. Space and plumbing for washing machine. Tongue and grooved wood panelling and tile splashback. Double glazed windows to rear and flank with door to lean to/conservatory. Further door to lounge. Wall mounted boiler and timer for central heating and hot water.
 

LOUNGE 19' 7" x 14' 8" (5.97m x 4.47m) Bright dual aspect room featuring double glazed windows to front and three patio doors to rear and lean to/conservatory. Carpet. Radiator. Coved ceiling.  

LEAN TO/CONSERVATORY Glazed roof. Glazed panels to rear and side within inset door. 

FIRST FLOOR LANDING Carpet.Wooden handrail. Double glazed windows to front inside in stairwell. Access to loft. Doors to all rooms. Built-in air cupboard housing hot water tank. 

BATHROOM Fitted in a two piece suite comprising panel bath with electric shower and pedestal wash hand basin. Tiled walls. Radiator. Obscure Double glazed window to side. 

SEPERATE WC Low flush suite. Obscure double glazed window to side. 

BEDROOM ONE 15' 7" x 10' 8" (4.75m x 3.25m) Carpet. Radiator. Double glazed window to rear. 

BEDROOM TWO 14' 1" x 7' 8" (4.29m x 2.34m) Exposed painted floorboards. Radiator. Double glaze window to front. Coved ceiling. 

EXTERNALLY  

REAR GARDEN Laid to lawn with privacy fencing. 

PARKING Via long independent driveway to side giving access to detached garage set to rear. 

FRONT GARDEN Laid to lawn with privacy fencing and retaining boundary wall.

Agent Details

Brown & Brand, Hadleigh

01702 967620

Next Steps?

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