3 Bed Flat, Single Let, Benfleet, SS7 2AE, £190,000
Castle Lane, Hadleigh, Hadleigh, , SS7 2AE - 2 views - a month ago
Sold STC
Leasehold
BTL
ROI: 10%
~93 m²





+4 photos
ValuationUndervalued
Sold Prices | £205K - £450K |
Sold Prices/m² | £2.8K/m² - £5K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £2K/m² |
Value Estimate | £228,000 |
BMV | 20% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £47,500 |
Stamp Duty & Legal Fees | £10,700 |
Total Cash In | £58,200 |
| |
Cash Out | |
Rent Range | £1,250 - £2,250 |
Rent Estimate | £1,388 |
Running Costs/mo | £891 |
Cashflow/mo | £497 |
Cashflow/yr | £5,960 |
ROI | 10% |
Gross Yield | 9% |
Local Sold Prices
23 sold prices from £205K to £450K, average is £320K. £2.8K/m² to £5K/m², average is £4.1K/m².
Local Rents
13 rents from £1.3K/mo to £2.3K/mo, average is £1.6K/mo.
Local Area Statistics
Population in SS7 | 49,121 |
Town centre distance | 1.40 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.50 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +6% |
Sales demand | Balanced market |
Capital growth (5yrs) | +16% |
Property History
Listed for £190,000
March 6, 2025
Description
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