3 Bed Bungalow, Refurb/BRRR, Benfleet, SS7 4EU, £375,000

Church Road, Benfleet, SS7 4EU - 3 views - a month ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+16 photos

ValuationOvervalued

Sold Prices£154K - £480K
Sold Prices/m²£2.3K/m² - £7.2K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£352,902

 

 

End Value (After Refurb)

£371,147

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£26,200

Refurb Costs

£45,518

Bridging Loan Interest

£9,844

Total Cash In

£177,062

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£371,147

Mortgage (After Refinance)

£278,360

Mortgage LTV

75%

Cash Left In

£177,062

Equity

£92,787

Rent Range

£1,450 - £2,200

Rent Estimate

£1,647

Running Costs/mo

£1,509

Cashflow/mo

£138

Cashflow/yr

£1,653

ROI

1%

Gross Yield

5%

Local Sold Prices

53 sold prices from £154K to £480K, average is £345K. £2.3K/m² to £7.2K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£380K02/240.06 mi1, Chancel Close, Benfleet, Essex SS7 4ET3
£305K11/200.1 mi36, Seamore Avenue, Benfleet, Essex SS7 4EX3
£320K05/210.12 mi5, Maytree Walk, Benfleet, Essex SS7 4BH3
£325K01/210.13 mi11, Kennington Avenue, Benfleet, Essex SS7 4BS3
£336K03/210.13 mi64, Overton Road, Benfleet, Essex SS7 4HA3
£345K04/210.13 mi14, Chesterfield Avenue, Benfleet, Essex SS7 4AY3
£330K02/210.15 mi15, Blyth Way, Benfleet, Essex SS7 4HD3
£355K10/230.15 mi3, Blyth Way, Benfleet, Essex SS7 4HD3
£355K10/230.15 mi3, Blyth Way, Benfleet, Essex SS7 4HD3
£432.5K02/230.16 mi57, Meadway, Benfleet, Essex SS7 4HG3
£358K02/230.17 mi6, Blyth Way, Benfleet, Essex SS7 4HD3
£323K03/210.18 mi51, Meadway, Benfleet, Essex SS7 4HG3
£350K03/240.18 mi76, Moreland Avenue, Benfleet, Essex SS7 4HB3
£330K03/240.19 mi28, Church Road, Benfleet, Essex SS7 4BW3
£395K09/230.2 mi3, Elgar Close, Benfleet, Essex SS7 4BZ3
£402K07/230.2 mi21, Overton Way, Benfleet, Essex SS7 4DR3
£402K07/230.2 mi21, Overton Way, Benfleet, Essex SS7 4DR3
£290K05/210.22 mi214, London Road, Benfleet, Essex SS7 5SJ3
£355K11/220.22 mi94, Seamore Avenue, Benfleet, Essex SS7 4EZ3
£335K04/210.23 mi39, Arundel Road, Benfleet, Essex SS7 4EE3
£325K09/210.24 mi81, Arundel Road, Benfleet, Essex SS7 4EE3
£360K11/230.24 mi85, Arundel Road, Benfleet, Essex SS7 4EE3
£421K12/200.24 mi67, Chesterfield Avenue, Benfleet, Essex SS7 4AJ3
£415K02/230.26 mi59, Eversley Road, Benfleet, Essex SS7 4JH3
£480K07/230.26 mi16, Barncombe Close, Benfleet, Essex SS7 4AQ3
£367K11/230.27 mi76, Rushbottom Lane, Benfleet, Essex SS7 4DW3
£290K01/210.27 mi76, Eversley Road, Benfleet, Essex SS7 4JH3
£335K04/230.27 mi102, Eversley Road, Benfleet, Essex SS7 4JT3
£350K05/210.27 mi8, The Fairway, Benfleet, Essex SS7 4LB3
£327.5K09/210.28 mi16, Orchard Road, Benfleet, Essex SS7 4DX3
£326K07/210.3 mi9, Lyndene, Benfleet, Essex SS7 4DZ3
£420K01/230.3 mi43, Hazlemere Road, Benfleet, Essex SS7 4AF3
£232K08/210.31 mi8, Patterdale, Benfleet, Essex SS7 4LQ3
£272K03/210.32 mi6, St Clements Close, Benfleet, Essex SS7 5XF3
£360K08/230.32 mi140, Rushbottom Lane, Benfleet, Essex SS7 4EB3
£360K08/230.32 mi140, Rushbottom Lane, Benfleet, Essex SS7 4EB3
£154K07/230.32 mi50, Louisa Avenue, Benfleet, Essex SS7 4DA3
£335K01/230.32 mi11, St Clements Close, Benfleet, Essex SS7 5XF3
£475K01/240.32 mi37, Stanway Road, Benfleet, Essex SS7 5UX3
£270K01/210.34 mi55, London Road, Benfleet, Essex SS7 5TG3
£390K05/230.34 mi79, Chesterfield Avenue, Benfleet, Essex SS7 4AH3
£422.5K01/240.34 mi85, Chesterfield Avenue, Benfleet, Essex SS7 4AH3
£425K01/230.35 mi84, Southwold Crescent, Benfleet, Essex SS7 5SR3
£320K06/210.35 mi309, London Road, Benfleet, Essex SS7 5XP3
£295K02/210.35 mi138, Moreland Avenue, Benfleet, Essex SS7 4JW3
£315K06/210.35 mi150, Moreland Avenue, Benfleet, Essex SS7 4JW3
£332K05/230.36 mi25, Hatley Gardens, Benfleet, Essex SS7 5ST3
£365K08/230.36 mi136, Eversley Road, Benfleet, Essex SS7 4LE3
£330.5K12/200.37 mi7, Rosemead, Benfleet, Essex SS7 4JQ3
£300K05/210.37 mi30, Rosemead, Benfleet, Essex SS7 4JQ3
£337.5K03/210.37 mi10, St Clements Crescent, Benfleet, Essex SS7 5XE3
£375K08/210.37 mi48, London Road, Benfleet, Essex SS7 5TJ3
£360K02/230.37 mi78, London Road, Benfleet, Essex SS7 5TJ3

Local Rents

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

RentDateDistanceAddressBeds 
£1,47507/240.17 mi-3
£1,80009/240.22 mi-3
£2,20010/230.24 mi-3
£1,55009/230.34 mi-3
£1,45008/230.37 mi-3
£1,45008/230.37 mi-3
£1,60010/240.37 mi-3
£1,55005/230.44 mi-3
£1,55005/230.44 mi-3
£1,50009/240.56 miHigh Road, Benfleet3
£1,70009/240.73 miClifton Avenue, Benfleet3
£1,60009/240.89 miClarence Road, Benfleet3
£1,60001/240.98 mi-3
£1,60009/241.07 miHalle Mews Benfleet, Essex3
£1,67509/241.12 miDorothy Gardens, Benfleet3
£1,85009/241.16 miGrove Road, Benfleet3

Local Area Statistics

Population in SS7

49,121

Town centre distance

1.31 miles away

Nearest school

0.30 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 £375,000

March 3, 2025

Floor Plans

Description

  • No Onward Chain +
  • Detached Three Bedroom Bungalow +
  • Spacious Lounge/Diner Leading to Conservatory +
  • In Need of Modernisation +
  • Driveway for Three Vehicles +
  • Detached Garage with Secured Gates +
  • Potential for Extension (STPP) +
  • Extensive West Facing Rear Garden with Mature Shrubbery and Lawn +

Being sold with no onward chain is this three bedroom detached bungalow, offering spacious living accommodation, ideal for those seeking a project to modernise and create their dream home. The property benefits from a large lounge/diner leading into a bright conservatory overlooking the rear garden, a well-proportioned kitchen, three bedrooms, and a family bathroom. With plenty of potential, this home is perfect for buyers looking to add value.

Tenure: Freehold
Council Tax Band: D

Agent Details

Gilbert & Rose, Leigh-on-sea

01702 967150

Next Steps?

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