3 Bed Bungalow, Cash/Bridging Only, Benfleet, SS7 1DB, £400,000

Clarence Road, South Benfleet, SS7 1DB - 7 days ago

Cash
ROI: 1%
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£272K - £540K
Sold Prices/m²£3.2K/m² - £6.3K/m²

 

 

Square Metres

~93 m²
Price/m²£4.3K/m²

Value Estimate

£387,837

 

 

End Value (After Refurb)

£382,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£45,518

Bridging Loan Interest

£10,500

Total Cash In

£186,468

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£382,500

Mortgage (After Refinance)

£286,875

Mortgage LTV

75%

Cash Left In

£186,468

Equity

£95,625

Rent Range

£1,450 - £3,000

Rent Estimate

£1,788

Running Costs/mo

£1,573

Cashflow/mo

£215

Cashflow/yr

£2,581

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £272K to £540K, average is £392.5K. £3.2K/m² to £6.3K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£540K01/230.03 mi72, Clarence Road, Benfleet, Essex SS7 1DB3
£377.5K07/230.11 mi7, Clifton Close, Benfleet, Essex SS7 1DJ3
£381K01/210.12 mi129, Thundersley Park Road, Benfleet, Essex SS7 1EL3
£457.5K04/230.13 mi148, Thundersley Park Road, Benfleet, Essex SS7 1EN3
£405K12/200.15 mi193a, Oakfield Road, Benfleet, Essex SS7 1DT3
£380K06/210.15 mi173, Oakfield Road, Benfleet, Essex SS7 1DT3
£335K09/210.16 mi10, Felstead Close, Benfleet, Essex SS7 1BX3
£426K09/230.2 mi42, Hill Road, Benfleet, Essex SS7 1HL3
£384K11/200.28 mi45, Underhill Road, Benfleet, Essex SS7 1EP3
£450K10/230.28 mi39, Thundersley Park Road, Benfleet, Essex SS7 1EG3
£315K11/230.28 mi11, Thundersley Park Road, Benfleet, Essex SS7 1EG3
£450K01/240.28 mi57, Thundersley Park Road, Benfleet, Essex SS7 1EG3
£415K06/210.28 mi15, Southwell Road, Benfleet, Essex SS7 1JB3
£445K02/230.28 mi14, Greenoaks Close, Benfleet, Essex SS7 1HQ3
£350K12/200.3 mi78, Grove Road, Benfleet, Essex SS7 1JJ3
£375K10/210.31 mi90, Clifton Avenue, Benfleet, Essex SS7 5QU3
£425K08/230.31 mi101, Kimberley Road, Benfleet, Essex SS7 5NH3
£350K11/230.31 mi129, Kimberley Road, Benfleet, Essex SS7 5NH3
£369.5K01/240.31 mi34, Kents Hill Road, Benfleet, Essex SS7 5PL3
£430K04/230.32 mi130, Oakfield Road, Benfleet, Essex SS7 5NN3
£415K04/210.35 mi10, Oakleighs, Benfleet, Essex SS7 5QT3
£357K11/200.35 mi98, Cumberland Avenue, Benfleet, Essex SS7 5PA3
£395K04/210.36 mi58, Fernlea Road, Benfleet, Essex SS7 1HD3
£420K02/210.36 mi50, Downer Road, Benfleet, Essex SS7 1BQ3
£390K03/240.36 mi25, Downer Road, Benfleet, Essex SS7 1BQ3
£505K09/210.38 mi99, Underhill Road, Benfleet, Essex SS7 1ER3
£280K07/210.4 mi62, Felstead Road, Benfleet, Essex SS7 1BJ3
£405K01/240.42 mi22, Bowers Road, Benfleet, Essex SS7 5PZ3
£367K03/210.42 mi31, Holtynge, Benfleet, Essex SS7 5QH3
£325K12/230.43 mi3, Denesmere, Benfleet, Essex SS7 5QS3
£400K02/230.43 mi53, Gifford Road, Benfleet, Essex SS7 5XX3
£435K09/210.44 mi331, Kents Hill Road, Benfleet, Essex SS7 5XT3
£400K09/230.44 mi319, Kents Hill Road, Benfleet, Essex SS7 5XT3
£425K02/230.48 mi61, Gifford Road, Benfleet, Essex SS7 5XX3
£340K05/210.5 mi3, Wincoat Close, Benfleet, Essex SS7 5AJ3
£355K01/240.52 mi19, Lea Road, Benfleet, Essex SS7 5UU3
£337.5K03/210.53 mi10, St Clements Crescent, Benfleet, Essex SS7 5XE3
£395K01/210.53 mi35, Queens Road, Benfleet, Essex SS7 1JN3
£375K11/210.54 mi6, Downer Road North, Benfleet, Essex SS7 3EG3
£360K01/240.54 mi24, Stanley Road, Benfleet, Essex SS7 3EL3
£410K08/230.54 mi7, Stanley Road, Benfleet, Essex SS7 3EL3
£425K12/200.55 mi6, Clifton Avenue, Benfleet, Essex SS7 5QG3
£400K10/230.55 mi21, Thundersley Church Road, Benfleet, Essex SS7 3ES3
£450K09/230.57 mi18, Hall Farm Road, Benfleet, Essex SS7 5JD3
£380K09/210.58 mi47, Croft Road, Benfleet, Essex SS7 5RL3
£475K01/240.58 mi37, Stanway Road, Benfleet, Essex SS7 5UX3
£335K01/230.58 mi11, St Clements Close, Benfleet, Essex SS7 5XF3
£272K03/210.58 mi6, St Clements Close, Benfleet, Essex SS7 5XF3
£320K06/210.59 mi309, London Road, Benfleet, Essex SS7 5XP3
£317.5K05/210.61 mi25, Merrivale, Benfleet, Essex SS7 5HQ3

Local Rents

21 rents from £1.4K/mo to £3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,60009/240.02 miClarence Road, Benfleet3
£1,60001/240.12 mi-3
£1,85009/240.31 miGrove Road, Benfleet3
£1,70009/240.33 miClifton Avenue, Benfleet3
£1,60009/240.35 miHalle Mews Benfleet, Essex3
£1,55005/230.51 mi-3
£1,55005/230.52 mi-3
£2,20010/230.66 mi-3
£1,50009/240.67 miHigh Road, Benfleet3
£3,00009/240.68 miVicarage Heights, Benfleet, Essex, SS73
£2,90009/240.69 miVicarage Heights, Benfleet3
£1,67509/240.72 miDorothy Gardens, Benfleet3
£1,45008/230.74 mi-3
£1,45008/230.74 mi-3
£1,60010/240.74 mi-3
£1,80009/240.84 mi-3
£1,47507/240.87 mi-3
£1,85001/250.99 mi-3
£1,80009/241.15 miKiln Road, Benfleet3
£1,50011/241.15 mi-3
£1,55009/231.23 mi-3

Local Area Statistics

Population in SS7

49,121

Town centre distance

0.95 miles away

Nearest school

0.20 miles away

Nearest train station

1.01 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £400,000

March 26, 2025

Floor Plans

Description

  • Three bedroom detached bungalow +
  • DEVELOPMENT OPPORTUNITY - CASH BUYERS WANTED +
  • Two reception rooms/3rd bedroom +
  • Kitchen with separate utility +
  • Wide frontage measuring approx. 50' +
  • Rear garden extending to approx. 110' +
  • Popular elevated South Benfleet location +
  • Views across South Benfleet to the Estuary at the front +
  • NO ONWARD CHAIN +
  • EPC rating - G. Our ref: 15113 +

We are pleased to offer for sale to CASH BUYERS ONLY this two/three bedroom detached bungalow situated in a popular elevated South Benfleet location with views across South Benfleet to the Estuary at the front.

The property benefits from having NO ONWARD CHAIN and has a wide frontage measuring approx. 50' with a rear garden that extends to approx. 110'.

Accommodation comprises:

Entrance via wooden door to: 

RECEPTION HALL 13' 3" x 7' 4" reducing to 3' 10" (4.04m x 2.24m > 1.17m)  

LOUNGE/BEDROOM THREE 14' into bay x 13' 1" (4.27m x 3.99m)  

DINING ROOM 13' 2" x 11' 5" (4.01m x 3.48m)  

KITCHEN 11' 5" x 9' 4" (3.48m x 2.84m)  

UTILITY ROOM 5' 8" x 4' 5" (1.73m x 1.35m)  

BEDROOM ONE 13' 1" x 11' 6" (3.99m x 3.51m)  

BEDROOM TWO 11' 8" x 10' (3.56m x 3.05m)  

BATHROOM 8' 3" x 7' (2.51m x 2.13m)  

OUTSIDE OF PROPERTY: The FRONT has a frontage of approx. 50'

The REAR GARDEN measures approx. 110' x 50'.

Agent Details

Williams and Donovan, Benfleet

01268 755252

Next Steps?

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