2 Bed Flat, Single Let, Benfleet, SS7 5UG, £210,000

227 High Road, Benfleet, Essex, SS7 5HZ - 21 days ago

Leasehold
BTL
ROI: 4%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£99K - £410K
Sold Prices/m²£1.6K/m² - £5.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£234,788
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£11,700

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£875 - £1,550

Rent Estimate

£1,100

Running Costs/mo

£896

Cashflow/mo

£204

Cashflow/yr

£2,445

ROI

4%

Gross Yield

6%

Local Sold Prices

51 sold prices from £99K to £410K, average is £210K. £1.6K/m² to £5.6K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£185K02/230.02 miFlat 41, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG2
£230K02/210.12 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£250K07/230.12 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£225K09/230.33 miFlat 15, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG2
£235K04/210.38 mi4d, Kennington Avenue, Benfleet, Essex SS7 4BS2
£190K01/210.4 miFlat 18, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£232K07/230.4 miFlat 8, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£145K08/230.4 miFlat 13, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£207.5K12/230.4 miFlat 2, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£220K08/210.47 mi20, Muirway, Benfleet, Essex SS7 4LS2
£210K10/200.91 mi18b, South View Road, Benfleet, Essex SS7 5NA2
£232.5K01/240.96 mi143a, Chesterfield Avenue, Benfleet, Essex SS7 3HW2
£410K06/210.98 mi174, Kimberley Road, Benfleet, Essex SS7 1DR2
£202K05/211.06 mi18, Merrivale, Benfleet, Essex SS7 5HH2
£235K11/221.06 mi36, Merrivale, Benfleet, Essex SS7 5HH2
£235K03/211.11 miFlat 13, Richmond Court, Richmond Avenue, Benfleet, Essex SS7 5EY2
£238.5K08/211.13 mi5b, Clarence Road, Benfleet, Essex SS7 1DE2
£173K11/231.24 mi225a, High Road, Benfleet, Essex SS7 5HZ2
£212.5K04/211.32 mi28, Crown Avenue, Pitsea, Basildon, Essex SS13 2BE2
£222K11/201.33 mi34, Kenneth Road, Benfleet, Essex SS7 3AT2
£245K08/231.34 mi29, Lenham Way, Pitsea, Basildon, Essex SS13 2NT2
£180K04/211.47 mi105a, High Road, Benfleet, Essex SS7 5LN2
£170K02/241.51 miWillow Lodge, Flat 18, Hart Road, Thundersley, Benfleet, Essex SS7 3PQ2
£110K02/211.55 mi6, Vermont Close, Basildon, Essex SS13 1BH2
£150K06/211.55 mi8, Vermont Close, Basildon, Essex SS13 1BH2
£210K11/231.55 mi32, Vermont Close, Basildon, Essex SS13 1BH2
£210K11/221.56 mi32, Brackendale Court, Basildon, Essex SS13 3JR2
£110K04/211.58 mi2, Riffams Drive, Basildon, Essex SS13 1BG2
£176.3K01/231.58 mi5, Riffams Drive, Basildon, Essex SS13 1BG2
£250K09/221.59 mi4, Riffams Drive, Basildon, Essex SS13 1BG2
£192.5K11/201.59 mi4, Riffams Drive, Basildon, Essex SS13 1BG2
£208K11/201.61 miFlat 8, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£205K11/211.61 miFlat 14, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£216.5K06/231.61 miFlat 1, Aston Place, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£240K04/241.61 miAston Place, Flat 14, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£99K06/211.64 mi60, Fairfax Avenue, Basildon, Essex SS13 1AZ2
£162.5K07/231.64 mi22, Fairfax Avenue, Basildon, Essex SS13 1AZ2
£162.5K07/231.64 mi22, Fairfax Avenue, Basildon, Essex SS13 1AZ2
£118K12/221.66 mi87, Fairfax Avenue, Basildon, Essex SS13 1AY2
£250K09/231.66 mi25, Fairfax Avenue, Basildon, Essex SS13 1AY2
£210K11/201.67 mi35, Shirley Gardens, Basildon, Essex SS13 1BA2
£105K03/211.67 mi37, Shirley Gardens, Basildon, Essex SS13 1BA2
£226.5K06/231.67 mi38, Shirley Gardens, Basildon, Essex SS13 1BA2
£192K09/221.67 mi18, Edinburgh Way, Pitsea, Basildon, Essex SS13 3RL2
£228K05/211.67 mi7, Charleston Avenue, Basildon, Essex SS13 1TD2
£247.8K09/231.67 mi7, Charleston Avenue, Basildon, Essex SS13 1TD2
£310K03/231.7 mi20, Charleston Avenue, Basildon, Essex SS13 1JH2
£186K10/201.71 mi6, Charleston Avenue, Basildon, Essex SS13 1JH2
£190K02/211.72 mi7, Calvert Drive, Basildon, Essex SS13 1TB2
£195K06/231.72 mi27, Calvert Drive, Basildon, Essex SS13 1TB2
£107.5K06/231.74 mi25, Tenterfields, Pitsea, Basildon, Essex SS13 1BB2

Local Rents

19 rents from £875/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10009/240.11 miLondon Road, Benfleet, SS72
£1,25012/240.29 mi-2
£1,25012/240.29 mi-2
£1,25009/240.3 mi-2
£1,25006/240.3 mi-2
£1,40005/230.32 mi-2
£1,50012/240.32 mi-2
£1,50012/240.32 mi-2
£1,50001/240.35 mi-2
£1,50002/240.35 mi-2
£1,55001/250.35 mi-2
£1,55003/250.35 mi-2
£87505/240.4 mi-2
£1,10007/230.44 mi-2
£1,10006/230.44 mi-2
£1,30009/240.44 mi-2
£1,35009/240.44 mi-2
£1,20004/240.44 mi-2
£1,40012/230.53 mi-2

Local Area Statistics

Population in SS7

49,121

Town centre distance

1.70 miles away

Nearest school

0.30 miles away

Nearest train station

1.78 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £210,000

March 12, 2025

Floor Plans

Description

  • Location: Central Benfleet, close to amenities +
  • Bedrooms: 2 well-sized bedrooms with ample storage +
  • Bathroom: Spacious with a bathtub for relaxation +
  • Living Area: Bright and comfortable lounge, ideal for entertaining +
  • Kitchen: Well-equipped with generous cupboard space +
  • Parking: Allocated parking space plus visitor parking +
  • Security: Secure entry phone system for added safety +
  • NEW LEASE +

This well-presented first-floor flat is perfect for first-time buyers or investors. The property benefits from an allocated parking space, visitor parking, and secure entry via an intercom system. Inside, you'll find two generously sized bedrooms with ample storage, a bright and spacious lounge perfect for relaxing or entertaining, and a well-equipped kitchen with plenty of cupboard space. The bathroom is more than accommodating, offering the perfect place to unwind with a soak in the tub after a long day.

Located in the heart of Benfleet, this home is within a mile of a variety of shops, restaurants, and bars. For commuters, Benfleet train station is just 2.2 miles away, offering direct links to London, while excellent road connections via the A127 and A13 make travel easy. The area also boasts charming local shops, parks, and green spaces, making it an ideal place to enjoy weekends with family and friends.

Don’t miss this fantastic opportunity—schedule a viewing today!

Agent Details

Aspire Estate Agents, Benfleet

01268 203954

Next Steps?

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