2 Bed Flat, Single Let, Benfleet, SS7 5LH, £200,000

High Road, South Benfleet, SS7 5LH - 1 views - 22 days ago

Leasehold
BTL
ROI: 6%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£120K - £410K
Sold Prices/m²£1.6K/m² - £5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£234,788
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£1,200 - £1,450

Rent Estimate

£1,200

Running Costs/mo

£885

Cashflow/mo

£315

Cashflow/yr

£3,780

ROI

6%

Gross Yield

7%

Local Sold Prices

45 sold prices from £120K to £410K, average is £213K. £1.6K/m² to £5K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£180K04/210.13 mi105a, High Road, Benfleet, Essex SS7 5LN2
£226K03/240.23 mi107a, High Street, Benfleet, Essex SS7 1ND2
£173K11/230.37 mi225a, High Road, Benfleet, Essex SS7 5HZ2
£235K03/210.49 miFlat 13, Richmond Court, Richmond Avenue, Benfleet, Essex SS7 5EY2
£235K11/220.58 mi36, Merrivale, Benfleet, Essex SS7 5HH2
£202K05/210.58 mi18, Merrivale, Benfleet, Essex SS7 5HH2
£238.5K08/210.61 mi5b, Clarence Road, Benfleet, Essex SS7 1DE2
£210K10/200.68 mi18b, South View Road, Benfleet, Essex SS7 5NA2
£410K06/210.74 mi174, Kimberley Road, Benfleet, Essex SS7 1DR2
£195K05/241.28 mi9, Ashworths, Canvey Island, Essex SS8 9RR2
£213K07/231.33 miFlat 8, Badgers Rise, Sanders Road, Canvey Island, Essex SS8 9UN2
£192K05/221.41 mi7, Church Parade, Canvey Island, Essex SS8 9RQ2
£170K04/231.41 mi31, Church Parade, Canvey Island, Essex SS8 9RQ2
£232K07/231.43 miFlat 8, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£145K08/231.43 miFlat 13, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£190K01/211.43 miFlat 18, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£207.5K12/231.43 miFlat 2, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£180K09/211.44 mi33, Church Parade, Canvey Island, Essex SS8 9RQ2
£225K09/231.45 miFlat 15, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG2
£232.5K01/241.5 mi143a, Chesterfield Avenue, Benfleet, Essex SS7 3HW2
£258K03/211.5 mi39, Limburg Road, Canvey Island, Essex SS8 0QH2
£235K04/211.5 mi4d, Kennington Avenue, Benfleet, Essex SS7 4BS2
£250K07/231.51 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£230K02/211.51 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£222K11/201.51 mi34, Kenneth Road, Benfleet, Essex SS7 3AT2
£162K02/211.56 mi106a, Hilton Road, Canvey Island, Essex SS8 9XG2
£185K02/231.58 miFlat 41, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG2
£225K10/201.65 mi12, Robins Path, Benfleet, Essex SS7 1FG2
£170K02/241.65 miWillow Lodge, Flat 18, Hart Road, Thundersley, Benfleet, Essex SS7 3PQ2
£220K03/231.68 miFlat 41, Queens Lodge, Benfleet Road, Benfleet, Essex SS7 1NY2
£220K08/211.68 miFlat 38, Queens Lodge, Benfleet Road, Benfleet, Essex SS7 1NY2
£192.5K01/211.68 miFlat 39, Queens Lodge, Benfleet Road, Benfleet, Essex SS7 1NY2
£216.5K06/231.76 miFlat 1, Aston Place, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£208K11/201.76 miFlat 8, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£205K11/211.76 miFlat 14, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£240K04/241.76 miAston Place, Flat 14, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£245K01/211.88 mi106a, Rayleigh Road, Thundersley, Benfleet, Essex SS7 3YS2
£220K08/211.92 mi20, Muirway, Benfleet, Essex SS7 4LS2
£265K08/211.93 mi16, Tudor Road, Canvey Island, Essex SS8 0ND2
£155K09/231.93 mi399a, Long Road, Canvey Island, Essex SS8 0JH2
£220K09/231.98 mi59, Templewood Court, Benfleet, Essex SS7 2RH2
£185K06/211.98 mi45, Templewood Court, Benfleet, Essex SS7 2RH2
£190K04/211.98 mi60, Templewood Court, Benfleet, Essex SS7 2RH2
£185K06/211.98 mi45, Templewood Court, Benfleet, Essex SS7 2RH2
£120K03/241.98 mi54, Templewood Court, Benfleet, Essex SS7 2RH2

Local Rents

10 rents from £1.2K/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30009/240.05 miHigh Road, Benfleet2
£1,25004/240.13 mi-2
£1,40009/240.13 miThe Close Attwell Mews, Benfleet2
£1,20009/240.17 miSchool Lane,Benfleet,SS72
£1,35011/230.22 mi-2
£1,25009/240.26 miHall Farm Road, Benfleet, Essex, SS72
£1,25009/240.28 miBrook Road,Benfleet,SS72
£1,20009/240.4 miHigh Road, Benfleet2
£1,45009/240.49 miThundersley Park Road, Benfleet, SS7 1ET2
£1,20009/240.58 miMerrivale, Benfleet2

Local Area Statistics

Population in SS7

49,121

Town centre distance

1.52 miles away

Nearest school

0.40 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £200,000

March 11, 2025

Floor Plans

Description

  • Two bedroom ground floor flat +
  • Lounge measuring 14' +
  • Two double bedrooms +
  • Allocated parking space +
  • Less than a third of a mile walk to Benfleet station +
  • Within easy reach of High Road shops and facilities +
  • Ideal FIRST TIME BUY or BUY TO LET investment +
  • Lease length approx. 144 years +
  • Offered for sale with NO ONWARD CHAIN +
  • EPC rating - C. Our ref: 16247 +

This two double bedroom ground floor flat is situated within close proximity of Benfleet station and Conservation area, and easy reach of High Road shops and amenities.

The property benefits from having a lounge measuring 14'; allocated parking and being offered for sale with NO ONWARD CHAIN, and would make an ideal FIRST TIME BUY or BUY TO LET investment.

Accommodation comprises:

Entrance via secure entry phone to communal hallway. Personal entrance door to: 

HALLWAY 14' 2" x 7' 9" reducing to 3' (4.32m x 2.36m > 0.91m) Two built in storage cupboards. Radiator. Doors to: 

LOUNGE 14' x 10' 7" (4.27m x 3.23m) Dual aspect uPVC double glazed windows to side and rear aspects. Radiator. Laminate wood effect flooring. 

KITCHEN 10' 7" reducing to 7' 9" x 9' (3.23m > 2.36m x 2.74m) UPVC double glazed window to side aspect. Range of base and eye level units with roll edged working surfaces and tiled splashbacks. Inset stainless steel one and a half bowl sink drainer with chrome mixer tap. Space for gas cooker. Space for fridge/freezer. Space for washing machine. Space for tumble dryer. Radiator.  

BEDROOM ONE 14' 1" x 9' 7" (4.29m x 2.92m) Dual aspect uPVC double glazed windows to side and rear aspects. Radiator. Laminate wood effect flooring. 

BEDROOM TWO 12' 7" x 9' 7" (3.84m x 2.92m) UPVC double glazed window to side aspect. Radiator. 

WET ROOM 6' 7" x 5' 10" (2.01m x 1.78m) Obscure uPVC double glazed window to side aspect. Low level w/c. Wall mounted hand wash basin. Wall mounted electric shower.  

OUTSIDE OF PROPERTY: Communal grounds. Allocated parking space (#3) to the rear of the property. Visitor spaces.

Agent's Note:
Lease length approx. 144 years (199 years from 25/12/99)
Ground rent - £26 per annum
Service Charge - £1,046 per annum

Agent Details

Williams and Donovan, Benfleet

01268 755252

Next Steps?

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