3 Bed Bungalow, Refurb/BRRR, Canvey Island, SS8 7LS, £349,950

40 St. Annes Road, Canvey Island, SS8 7LS - 2 views - 2 months ago

Refurb/BRRR
101 m²
+11 photos

ValuationOvervalued

Sold Prices£232.5K - £435K
Sold Prices/m²£1.7K/m² - £5.6K/m²

 

 

Square Metres

101 m²
Price/m²£3.5K/m²

Value Estimate

£339,392

 

 

End Value (After Refurb)

£461,087

Uplift in Value

+32%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,488

Stamp Duty & Legal Fees

£23,695

Refurb Costs

£49,378

Bridging Loan Interest

£9,186

Total Cash In

£171,496

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£461,087

Agent Fees (1%)

£4,611

Bridging Loan

£262,463

Bridging Loan Interest

£9,186

Flip Profit

£22,517

Local Sold Prices

50 sold prices from £232.5K to £435K, average is £321.5K. £1.7K/m² to £5.6K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£280K12/230.01 mi1, St Annes Road, Canvey Island, Essex SS8 7LS3
£345K03/210.02 mi34, Gainsborough Avenue, Canvey Island, Essex SS8 7LT3
£270K05/210.02 mi6, Gainsborough Avenue, Canvey Island, Essex SS8 7LT3
£283K10/230.04 mi51, Gainsborough Avenue, Canvey Island, Essex SS8 7LU3
£325K12/200.04 mi27, Gainsborough Avenue, Canvey Island, Essex SS8 7LU3
£308K01/230.04 mi5, Gainsborough Avenue, Canvey Island, Essex SS8 7LU3
£300K03/230.05 mi6, Lappmark Road, Canvey Island, Essex SS8 7SZ3
£280K03/210.06 mi21b, Gafzelle Drive, Canvey Island, Essex SS8 7NB3
£315K12/200.08 mi3, Gainsborough Avenue, Canvey Island, Essex SS8 7LU3
£320K12/200.08 mi37, Hope Road, Canvey Island, Essex SS8 7LJ3
£337.5K06/210.09 mi11, Hope Road, Canvey Island, Essex SS8 7LJ3
£277K11/200.11 mi34, Crescent Road, Canvey Island, Essex SS8 7LB3
£305K09/220.15 mi10, Wilrich Avenue, Canvey Island, Essex SS8 7RR3
£435K09/210.15 mi62, Station Road, Canvey Island, Essex SS8 7NE3
£317.5K09/220.18 mi9, Point Road, Canvey Island, Essex SS8 7RT3
£290K05/230.18 mi48, Seaview Road, Canvey Island, Essex SS8 7PB3
£385K10/230.18 mi16, Seaview Road, Canvey Island, Essex SS8 7PB3
£258K01/230.18 mi59, Seaview Road, Canvey Island, Essex SS8 7PB3
£330K03/210.19 mi24, Seaview Road, Canvey Island, Essex SS8 7PB3
£375K08/230.19 mi31, Point Road, Canvey Island, Essex SS8 7RT3
£290K10/210.2 mi19, Maurice Road, Canvey Island, Essex SS8 7JL3
£260K03/210.22 mi23, Hassell Road, Canvey Island, Essex SS8 8JY3
£382.5K12/230.23 mi7, Roserna Road, Canvey Island, Essex SS8 7JT3
£365K12/230.23 mi12, Roserna Road, Canvey Island, Essex SS8 7JT3
£380K04/230.24 mi28, Odessa Road, Canvey Island, Essex SS8 7ES3
£252.5K12/200.25 mi2, Temptin Avenue, Canvey Island, Essex SS8 8LF3
£400K12/210.25 mi11a, Rosbach Road, Canvey Island, Essex SS8 7JW3
£348K12/230.25 mi39, Temptin Avenue, Canvey Island, Essex SS8 8LE3
£315K09/230.25 mi51, Temptin Avenue, Canvey Island, Essex SS8 8LE3
£342.5K09/230.26 mi50, Hallet Road, Canvey Island, Essex SS8 8LJ3
£325K03/210.27 mi11, Zealand Drive, Canvey Island, Essex SS8 8NW3
£342K06/210.27 mi43, Lottem Road, Canvey Island, Essex SS8 7HX3
£340K11/230.27 mi33, Bardenville Road, Canvey Island, Essex SS8 8LL3
£285K05/230.27 mi37, South Parade, Canvey Island, Essex SS8 7PG3
£280K03/210.27 mi2, Kenmore Close, Canvey Island, Essex SS8 7PN3
£323K12/200.27 mi51, Dovercliff Road, Canvey Island, Essex SS8 7PF3
£275K02/210.28 mi11a, Leigh Beck Lane, Canvey Island, Essex SS8 7PS3
£323K12/200.29 mi51, Dovercliff Road, Canvey Island, Essex SS8 7PF3
£350K02/230.3 mi7, Buren Avenue, Canvey Island, Essex SS8 8NN3
£385K07/230.3 mi195, Eastern Esplanade, Canvey Island, Essex SS8 7NY3
£292K01/240.33 mi90, Smallgains Avenue, Canvey Island, Essex SS8 8LB3
£297.5K11/210.33 mi54, Hornsland Road, Canvey Island, Essex SS8 8LY3
£375K12/200.33 mi92, May Avenue, Canvey Island, Essex SS8 7EX3
£335K08/230.33 mi10b, Beach Road, Canvey Island, Essex SS8 7SW3
£305K05/230.34 mi156, High Street, Canvey Island, Essex SS8 7SS3
£330K01/230.34 mi2, Hilberry Road, Canvey Island, Essex SS8 7EL3
£360K04/210.34 mi70, Lottem Road, Canvey Island, Essex SS8 7HU3
£270K01/240.35 mi20, Westman Road, Canvey Island, Essex SS8 8NA3
£375K02/240.35 mi4, Normans Road, Canvey Island, Essex SS8 7SN3
£232.5K04/210.36 mi14, Leigh Beck Road, Canvey Island, Essex SS8 7PU3

Local Rents

10 rents from £1.2K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50009/240.07 mi-3
£1,60001/250.07 mi-3
£1,20009/240.14 miSan Remo Road, Canvey Island, Essex3
£1,50009/240.18 mi-3
£1,60009/240.34 miSouth Parade, Canvey Island3
£1,35002/240.45 mi-3
£1,65003/250.58 mi-3
£1,90004/250.97 mi-3
£1,30009/241.13 miStanford Road, Canvey Island3
£1,70001/251.21 mi-3

Local Area Statistics

Population in SS8

38,134

Population in Canvey Island

38,138

Town centre distance

0.99 miles away

Nearest school

0.30 miles away

Nearest train station

2.11 miles away

 

 

Rental growth (12m)

+72%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £349,950

March 11, 2025

Floor Plans

Description

  • Three bedroom detached bungalow +
  • Popular Location off of the High Street +
  • No Onward Chain (keys held) +
  • In need of redecoration and refurbishment +
  • Double glazed windows +
  • Shower Room +

Spacious Three-Bedroom Bungalow in Sought-After Location

Situated in a popular turning just off the High Street, this generously proportioned three-bedroom bungalow stands proudly across its plot, offering ample living space. While refurbishment and redecoration are required, the property presents an excellent opportunity to create a stunning home.

Accommodation comprises a spacious entrance hall leading to three well-sized bedrooms, a good-sized kitchen, a large lounge, and an additional reception room. There are further rooms located off the garage, adding to the versatility of the layout.

Keys are held for accompanied viewings—contact our office on to arrange a visit.

Porch - Double-glazed entrance door into porch with adjacent lead lite window, further UPVC double glazed door connecting into the inner hall.

Inner Hall - Doors off to the bedrooms, shower room, lounge and kitchen, a good sized hall with a radiator, textured walls, access to loft, two storage cupboards plus panelling, glass door which opens into the lounge.

Lounge - 4.27m x 3.66m (14' x 12') - Double-glazed UPVC window to the front elevation with two radiators, coving to textured ceiling, opening through to the kitchen.

Kitchen - 4.72m x 3.05m (15'6 x 10') - Double glazed window to the rear elevation, double glass doors which open onto an additional reception room, white coloured wood style units and drawers at base level with worksurfaces over, inset ceramic hob (not tested), tiling to splash backs, matching units at eye level, radiator, obscure glass door which sides onto the garage/additional store room.

Second Reception Room - 4.27m maximum x 3.35m (14' maximum x 11') - Double glazed windows to two aspects, radiator, coved textured ceiling, wood style panelling to the walls, from here access to a study and further access taking you into the garage.

Study - 3.96m x 1.52m (13' x 5') - Located off of the second reception room, obscure double glazed window to the rear, storage cupboard, step into an additional room.

Room Behind Garage - 1.83m x 1.83m (6' x 6') - From here, access to the garage.

Bedroom One - 4.29m x 3.35m (14'1 x 11') - Double glazed to the front, radiator, wallpaper decor, textured ceiling.

Bedroom Two - 3.35m x 3.35m (11' x 11') - Double glazed to rear, radiator, coving to ceiling.

Bedroom Three - 2.13m x 2.46m (7' x 8'1) - Double glazed to front, radiator, wallpaper decor, storage cupboard

Shower Room - Two double glazed windows to the rear elevation, tiling to the walls and floor, walk in shower cubicle with glass screening and wall mounted shower (not tested), vanity unit with inset wash hand basin, low level wc, and chrome towel rail.

Exterior -

Garage - 4.57m x 2.13m (15' x 7') -

Front Garden - Off street parking to the front with garage.

Rear Garden - Fenced to the boundaries, mainly laid to lawn, shed (in need of some attention).

Agent Details

Richard Poyntz & Co, Canvey Island

01268 203590

Next Steps?

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