2 Bed Bungalow, Planning Permission, Canvey Island, SS8 8AU, £300,000

Kamerwyk Avenue, Canvey Island, SS8 8AU - 2 views - 2 months ago

Sold STC
Planning
ROI: 2%
~68 m²
+9 photos

ValuationFair Value

Sold Prices£160K - £370K
Sold Prices/m²£2.1K/m² - £8.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£300,000

 

 

End Value (After Refurb)

£298,125

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£33,299

Bridging Loan Interest

£7,875

Total Cash In

£136,624

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£298,125

Mortgage (After Refinance)

£223,594

Mortgage LTV

75%

Cash Left In

£136,624

Equity

£74,531

Rent Range

£850 - £4,000

Rent Estimate

£1,518

Running Costs/mo

£1,255

Cashflow/mo

£263

Cashflow/yr

£3,153

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £160K to £370K, average is £275K. £2.1K/m² to £8.6K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£220K05/210.01 mi3, Kamerwyk Avenue, Canvey Island, Essex SS8 8AU2
£287.5K05/240.04 mi15, Mornington Road, Canvey Island, Essex SS8 8AT2
£239K03/210.06 mi35, Dovervelt Road, Canvey Island, Essex SS8 8DZ2
£330K11/220.07 mi36b, Mornington Road, Canvey Island, Essex SS8 8DU2
£298K04/240.08 mi1, Namur Road, Canvey Island, Essex SS8 8AZ2
£300K10/230.11 mi5, Griffin Avenue, Canvey Island, Essex SS8 8BE2
£327.5K01/240.12 mi4, Nevada Road, Canvey Island, Essex SS8 8EX2
£230K11/200.17 mi45, Nevada Road, Canvey Island, Essex SS8 8EY2
£370K09/230.17 mi5, Larup Avenue, Canvey Island, Essex SS8 8AD2
£297.5K01/240.17 mi15, Lilac Avenue, Canvey Island, Essex SS8 8BQ2
£311K05/210.17 mi6, Chamberlain Avenue, Canvey Island, Essex SS8 8AG2
£290K01/240.17 mi16, Heideburg Road, Canvey Island, Essex SS8 8HB2
£280.5K02/230.18 mi16, Gills Avenue, Canvey Island, Essex SS8 7RG2
£365K10/230.18 mi11, Meyel Avenue, Canvey Island, Essex SS8 8BU2
£275K09/210.19 mi23, Waalwyk Drive, Canvey Island, Essex SS8 8BL2
£234K02/210.19 mi6, Korndyk Avenue, Canvey Island, Essex SS8 8AB2
£272.5K04/210.19 mi20, Hernen Road, Canvey Island, Essex SS8 8BT2
£305K05/230.19 mi7, Hernen Road, Canvey Island, Essex SS8 8BT2
£330K10/210.19 mi3, Lilac Avenue, Canvey Island, Essex SS8 8BQ2
£285K11/200.2 mi41, Corona Road, Canvey Island, Essex SS8 8EZ2
£262K12/200.21 mi19, Hernen Road, Canvey Island, Essex SS8 8BT2
£272K05/210.22 mi62, Central Wall Road, Canvey Island, Essex SS8 9PQ2
£275K12/200.22 mi8, Athos Road, Canvey Island, Essex SS8 8EQ2
£300K10/230.24 mi11, Berg Avenue, Canvey Island, Essex SS8 8ES2
£247K05/210.25 mi17, Spanbeek Road, Canvey Island, Essex SS8 8BP2
£260K12/230.25 mi17, Spanbeek Road, Canvey Island, Essex SS8 8BP2
£305K03/230.26 mi8, Helden Avenue, Canvey Island, Essex SS8 8BZ2
£257.5K11/200.27 mi20, Wittem Road, Canvey Island, Essex SS8 8BY2
£275K01/240.27 mi8, Smallgains Avenue, Canvey Island, Essex SS8 8JQ2
£250K12/200.29 mi3a, May Avenue, Canvey Island, Essex SS8 7EE2
£295K10/230.31 mi21a, May Avenue, Canvey Island, Essex SS8 7EE2
£250K07/210.31 mi34, Tewkes Road, Canvey Island, Essex SS8 8HG2
£230K10/200.31 mi42, Tewkes Road, Canvey Island, Essex SS8 8HG2
£280K01/240.31 mi54, Tewkes Road, Canvey Island, Essex SS8 8HG2
£160K06/210.32 mi15a, Normans Road, Canvey Island, Essex SS8 7SN2
£230K11/200.32 mi14a, Normans Road, Canvey Island, Essex SS8 7SN2
£260K09/230.33 mi26a, Heilsburg Road, Canvey Island, Essex SS8 8HQ2
£250K09/210.33 mi26, Normans Road, Canvey Island, Essex SS8 7SN2
£235K02/210.35 mi14, Landsburg Road, Canvey Island, Essex SS8 8HN2
£240K02/210.35 mi25, Thisselt Road, Canvey Island, Essex SS8 9BP2
£240K06/210.35 miOakville, Nightingale Road, Canvey Island, Essex SS8 7EF2
£247K02/210.36 mi84, Harvest Road, Canvey Island, Southend-on-sea SS8 9RP2
£230K01/210.36 mi5, Arcadia Road, Canvey Island, Essex SS8 7SP2
£275K03/210.37 mi19, Bramble Road, Canvey Island, Essex SS8 7EB2
£320K04/230.37 mi19, Bramble Road, Canvey Island, Essex SS8 7EB2
£310K05/230.39 mi5, Oak Road, Canvey Island, Essex SS8 7AX2
£297.5K09/210.4 mi2, Stevens Close, Canvey Island, Essex SS8 8JP2
£280K07/230.42 mi53, Westerland Avenue, Canvey Island, Essex SS8 8JS2
£266K06/210.46 mi17b, Maurice Road, Canvey Island, Essex SS8 7JL2
£340K07/230.46 mi5, Buyl Avenue, Canvey Island, Essex SS8 8DQ2

Local Rents

50 rents from £850/mo to £4K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£2,05009/240.13 mi-4
£4,00003/250.16 mi-4
£1,28009/240.21 mi-2
£97510/230.21 mi-1
£1,05004/250.21 mi-1
£1,00004/250.21 mi-1
£85009/240.22 mi33 Venables Court1
£1,15009/240.23 miBeach Heights Apartments 2
£1,45012/240.25 mi-2
£85009/240.28 miNewlands Road, Canvey Island, Essex1
£1,90004/250.36 mi-3
£1,20009/240.39 miNormans Road, Canvey Island2
£1,20009/240.56 miSan Remo Road, Canvey Island, Essex3
£1,50009/240.6 mi-3
£1,60001/250.6 mi-3
£2,40004/250.67 mi-4
£2,37504/250.68 mi-4
£1,20003/250.68 mi-2
£1,40001/250.7 mi-3
£1,65003/250.71 mi-3
£2,75004/250.71 mi-4
£2,80004/250.73 mi-4
£2,90004/250.74 mi-5
£2,35003/250.75 mi-4
£1,50009/240.77 mi-3
£3,40004/250.81 mi-5
£1,30009/240.84 miStanford Road, Canvey Island3
£1,35002/240.86 mi-3
£3,00004/250.9 mi-4
£1,07501/250.93 mi-2
£2,65001/250.94 mi-5
£3,40004/250.98 mi-6
£1,77502/250.99 mi-3
£1,60009/240.99 miSouth Parade, Canvey Island3
£1,70001/251 mi-3
£1,25004/251.01 mi-2
£1,52512/241.02 mi-4
£1,50009/241.03 miThames Court, Western Esplanade, Canvey Island, Essex1
£3,10002/251.09 mi-4
£1,35009/241.11 miCentral Avenue, Canvey Island2
£1,10009/241.13 mi16 Beck 2
£95009/241.13 miCherry Court,Canvey Island,Essex1
£1,55004/251.2 mi-3
£1,39509/241.23 mi-3
£1,50003/251.23 mi-4
£2,00009/241.27 miHawkesbury Road, Canvey Island3
£85001/251.33 mi-1
£3,20012/241.35 mi-6
£1,35009/241.39 mi3 bedroom Terraced House in Canvey Island3
£2,00009/241.41 mi-4

Local Area Statistics

Population in SS8

38,134

Population in Canvey Island

38,138

Town centre distance

0.46 miles away

Nearest school

0.40 miles away

Nearest train station

2 miles away

 

 

Rental growth (12m)

+72%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £300,000

March 13, 2025

Floor Plans

Description

  • Double frontage large two bedroom detached bungalow +
  • Good size lounge to front of property +
  • Two double bedrooms +
  • Modern 3 piece shower room +
  • Spacious fitted kitchen +
  • Lean to +
  • excellent size plot with scope to extend subject to planning permision +
  • No onward chain +
  • Close to town centre with school shops and bus routes with in easy reach +
  • Gas fired centre heating +

Nestled on Kamerwyk Avenue in the charming locale of Canvey Island, this impressive detached bungalow offers a wonderful opportunity for those seeking a spacious and versatile home. Boasting two generously sized double bedrooms, this property is perfect for small families, couples, or individuals looking for a comfortable living space.

The bungalow features two reception rooms, providing ample space for relaxation and entertaining. The well-appointed fitted kitchen is designed for practicality, while the lean-to adds extra utility, making it an ideal spot for a variety of uses. The three-piece shower room is both functional and stylish, catering to your everyday needs.

Set on a substantial plot, this property presents exciting potential for extension, subject to the necessary planning permissions. This flexibility allows you to tailor the home to your specific requirements, making it a truly personal sanctuary.

Conveniently located, the bungalow is just a short distance from the town centre, where you will find a selection of shops, schools, and bus routes, ensuring that all your daily needs are easily met. The absence of an onward chain simplifies the buying process, allowing for a smoother transition into your new home.

In summary, this purpose-built bungalow on Kamerwyk Avenue is a rare find, combining space, potential, and a prime location. Whether you are looking to invest or settle down, this property is well worth your consideration.

Porch - Half obscured UPVC double glazed entrance door to the front elevation giving access to the porch which has a flat plastered ceiling, UPVC obscured double glazed window to the front elevation plus two further UPVC double glazed windows to either side, vinyl floor covering internal part glazed door giving access to a spacious hallway.

Hallway - Textured ceiling, loft, radiator with cover, doors off to the accommodation and wood laminate flooring.

Lounge - 3.78m x 3.45m (12'5 x 11'4) - Excellent sized lounge located to the front of the property and has coved flat plastered ceiling, UPVC double window to the front, radiator with cover, feature wallpaper decoration to one wall, wood laminate flooring.

Kitchen - 3.25m x 2.21m (10'8 x 7'3) - Flat plastered ceiling, UPVC double glazed window to the side and rear elevation with half UPVC double glazed door giving access to the conservatory, radiator, tiling to splashback areas, laminate flooring, light coloured wood units at base and eye level with chrome handles and rolled top worksurfaces over incorporating a one and a quarter stainless sink and drainer with chrome mixer taps, four ring gas hob with extractor over, separate waist height oven, plumbing for washing machine and space for an upright fridge freezer.

Lean-To - 3.18m x 2.51m (10'5 x 8'3) - Perspex roof with glazed windows to three aspects, double glazed sliding patio doors to the side giving access to the garden plus to the other side you have a half double glazed door again giving access to the garden, half wood paneling to walls and laminate flooring

Bedroom One - 3.63m x 2.95m (11'11 x 9'8) - Good size double bedroom which has a coved flat plastered ceiling, ceiling rose, UPVC double glazed window to the rear elevation, radiator with cover, wood laminate flooring.

Bedroom Two - 3.40m x 3.25m (11'2 x 10'8) - A further good sized double bedroom with coved flat plastered ceiling, UPVC double glazed window to the front elevation, radiator, fitted wardrobes with drawers, wood laminate flooring.

Shower Room - Flat plastered ceiling, obscured UPVC double glazed window to the rear elevation, attractive tiling to walls, chrome heated towel rail, laminate flooring, three piece modern shower room suite comprising of a push flush we, sink with chrome mixer taps inset into a white gloss vanity unit, large shower tray with glass screening doors, wall mounted chrome shower

Exterior -

Rear Garden - Mainly paved with a decorative stone area, good-sized sheltered decked area with balustrade and perspex roof over, feature raised fish pond, bedded areas for plants and lawn, fenced to boundaries, two gates giving access to the front of the property, outside tap.

Front Garden - Block paved driveway providing off street parking, raised bedded areas, outside power point plus paving with decorative slate chippings, fence and wall to boundaries, step up to entrance door.

Agent Details

Richard Poyntz & Co, Canvey Island

01268 203590

Next Steps?

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