3 Bed Semi-Detached House, Refurb/BRRR, Benfleet, SS7 4NB, £330,000

Stansfield Road, Benfleet, SS7 4NB - 1 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+13 photos

ValuationFair Value

Sold Prices£232K - £445K
Sold Prices/m²£2.1K/m² - £8.5K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£330,000

 

 

End Value (After Refurb)

£357,391

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£15,100

Refurb Costs

£45,518

Bridging Loan Interest

£8,663

Total Cash In

£153,531

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£357,391

Mortgage (After Refinance)

£268,043

Mortgage LTV

75%

Cash Released

£20,543

Cash Left In

£132,987

Equity

£89,348

Rent Range

£1,450 - £2,200

Rent Estimate

£1,638

Running Costs/mo

£1,464

Cashflow/mo

£174

Cashflow/yr

£2,083

ROI

1%

Gross Yield

6%

Local Sold Prices

53 sold prices from £232K to £445K, average is £340K. £2.1K/m² to £8.5K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£325K06/210.03 mi74, Stansfield Road, Benfleet, Essex SS7 4NB3
£280K11/210.03 mi38, Stansfield Road, Benfleet, Essex SS7 4NB3
£269K05/210.04 mi22, Stansfield Road, Benfleet, Essex SS7 4NB3
£305K01/210.05 mi41, Birch Close, Benfleet, Essex SS7 4NE3
£340K03/210.05 mi33, Birch Close, Benfleet, Essex SS7 4NE3
£337K05/210.05 mi51, Birch Close, Benfleet, Essex SS7 4NE3
£390K08/230.08 mi173, Woodside Avenue, Benfleet, Essex SS7 4NH3
£365K08/230.09 mi136, Eversley Road, Benfleet, Essex SS7 4LE3
£325K09/220.11 mi10, Leighton Road, Benfleet, Essex SS7 4NF3
£362.5K04/210.14 mi16, The Larches, Benfleet, Essex SS7 4NR3
£380K09/210.14 mi26, The Larches, Benfleet, Essex SS7 4NR3
£232K08/210.15 mi8, Patterdale, Benfleet, Essex SS7 4LQ3
£325K01/210.15 mi193, Seamore Avenue, Benfleet, Essex SS7 4NG3
£370K01/210.16 mi21, Oak Walk, Benfleet, Essex SS7 4SB3
£445K07/230.16 mi21, Oak Walk, Benfleet, Essex SS7 4SB3
£365K01/240.16 mi41, Oak Walk, Benfleet, Essex SS7 4SB3
£350K05/210.17 mi8, The Fairway, Benfleet, Essex SS7 4LB3
£292.5K04/210.18 mi9, Seamore Walk, Benfleet, Essex SS7 4NQ3
£325K01/230.18 mi15, Seamore Walk, Benfleet, Essex SS7 4NQ3
£335K04/230.22 mi102, Eversley Road, Benfleet, Essex SS7 4JT3
£355K01/210.22 mi106, Woodside Avenue, Benfleet, Essex SS7 4NU3
£340K05/210.22 mi97, Woodside Avenue, Benfleet, Essex SS7 4NU3
£335K04/210.23 mi39, Arundel Road, Benfleet, Essex SS7 4EE3
£325K09/210.23 mi81, Arundel Road, Benfleet, Essex SS7 4EE3
£360K11/230.23 mi85, Arundel Road, Benfleet, Essex SS7 4EE3
£360K08/230.23 mi140, Rushbottom Lane, Benfleet, Essex SS7 4EB3
£360K08/230.23 mi140, Rushbottom Lane, Benfleet, Essex SS7 4EB3
£415K02/230.23 mi28, The Birches, Benfleet, Essex SS7 4NT3
£327.5K09/210.23 mi16, Orchard Road, Benfleet, Essex SS7 4DX3
£355K11/220.23 mi94, Seamore Avenue, Benfleet, Essex SS7 4EZ3
£295K02/210.24 mi138, Moreland Avenue, Benfleet, Essex SS7 4JW3
£315K06/210.24 mi150, Moreland Avenue, Benfleet, Essex SS7 4JW3
£358K02/230.29 mi6, Blyth Way, Benfleet, Essex SS7 4HD3
£330K02/210.3 mi15, Blyth Way, Benfleet, Essex SS7 4HD3
£355K10/230.3 mi3, Blyth Way, Benfleet, Essex SS7 4HD3
£355K10/230.3 mi3, Blyth Way, Benfleet, Essex SS7 4HD3
£330.5K12/200.3 mi7, Rosemead, Benfleet, Essex SS7 4JQ3
£300K05/210.3 mi30, Rosemead, Benfleet, Essex SS7 4JQ3
£350K03/240.3 mi76, Moreland Avenue, Benfleet, Essex SS7 4HB3
£402K07/230.31 mi21, Overton Way, Benfleet, Essex SS7 4DR3
£402K07/230.31 mi21, Overton Way, Benfleet, Essex SS7 4DR3
£352K09/220.31 mi24, Rosemead, Benfleet, Essex SS7 4JQ3
£336K03/210.31 mi64, Overton Road, Benfleet, Essex SS7 4HA3
£290K01/210.31 mi76, Eversley Road, Benfleet, Essex SS7 4JH3
£415K02/230.33 mi59, Eversley Road, Benfleet, Essex SS7 4JH3
£345K06/210.34 mi121, Roseberry Avenue, Benfleet, Essex SS7 4JF3
£367K11/230.35 mi76, Rushbottom Lane, Benfleet, Essex SS7 4DW3
£323K03/210.36 mi51, Meadway, Benfleet, Essex SS7 4HG3
£360K03/230.37 mi128, Roseberry Avenue, Benfleet, Essex SS7 4JG3
£305K11/200.37 mi36, Seamore Avenue, Benfleet, Essex SS7 4EX3
£432.5K02/230.37 mi57, Meadway, Benfleet, Essex SS7 4HG3
£332K03/210.42 mi227, Manor Road, Benfleet, Essex SS7 4JD3
£335K04/230.42 mi219, Manor Road, Benfleet, Essex SS7 4JD3

Local Rents

11 rents from £1.4K/mo to £2.2K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,55009/230.18 mi-3
£1,47507/240.51 mi-3
£1,80009/240.56 mi-3
£2,20010/230.68 mi-3
£1,45008/230.73 mi-3
£1,45008/230.73 mi-3
£1,60011/240.73 mi-3
£1,55005/230.86 mi-3
£1,55005/230.87 mi-3
£1,50009/240.92 miHigh Road, Benfleet3
£1,70009/241.16 miClifton Avenue, Benfleet3

Local Area Statistics

Population in SS7

49,121

Town centre distance

1.63 miles away

Nearest school

0.20 miles away

Nearest train station

2.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £330,000

February 25, 2025

Floor Plans

Description

  • Excellent Modernisation Project +
  • 3 Bedroom Semi Detached House +
  • No Onward Chain - Quick Sale Available +
  • Popular Location +
  • Large Lounge +
  • Kitchen Dining Room +
  • Ground Floor Cloakroom +
  • Ample Off Road Parking +
  • Full Modernisation Required with Huge Potential +
  • Easy Access To Public Transport and Local Amenities +

Excellent Opportunity In a favoured Location. A spacious three-bedroom semi-detached house which is in need of full modernisation. Set over two floors the property offers huge potential to create your perfect forever home. Available with No Onward Chain, the property is available for a speedy sale and has bags of scope. On the ground floor is a large family lounge, a good sized kitchen dining room and a ground floor cloakroom. Upstairs, the property has three good size bedrooms, bathroom, and a separate WC.

Located in a prime and well favoured location there are a range of good schools, shops and transport facilities locally and easy access to Benfleet or Pitsea stations with commuter access to London Fenchurch Street. At the rear is a private garden and there is also is a long front garden with ample off road parking. Don't miss out on this excellent project - with some TLC, this property could easily become your perfect home sweet home! Young's Residential are a family run estate agency business. We cover all of the Local areas and are available outside of normal office hours.

Please visit the Young's Residential website or our social media pages to obtain our contact information and register for property updates. Also do check out our website and YouTube channel for video fly-throughs and drone footage of our properties. If you would like a FREE property valuation please contact us at any time.

Agent Details

Youngs Residential, Covering Essex

01268 202940

Next Steps?

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