2 Bed Flat, Single Let, Benfleet, SS7 5LA, £285,000

High Road, South Benfleet, SS7 5LA - 3 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£120K - £410K
Sold Prices/m²£1.6K/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.2K/m²

Value Estimate

£230,912

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£19,700

Total Cash In

£90,950

 

 

Cash Out

 

Rent Range

£1,200 - £1,450

Rent Estimate

£1,200

Running Costs/mo

£1,151

Cashflow/mo

£49

Cashflow/yr

£593

ROI

1%

Gross Yield

5%

Local Sold Prices

43 sold prices from £120K to £410K, average is £213K. £1.6K/m² to £4.5K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£173K11/230.04 mi225a, High Road, Benfleet, Essex SS7 5HZ2
£235K03/210.2 miFlat 13, Richmond Court, Richmond Avenue, Benfleet, Essex SS7 5EY2
£238.5K08/210.25 mi5b, Clarence Road, Benfleet, Essex SS7 1DE2
£180K04/210.27 mi105a, High Road, Benfleet, Essex SS7 5LN2
£210K10/200.31 mi18b, South View Road, Benfleet, Essex SS7 5NA2
£235K11/220.33 mi36, Merrivale, Benfleet, Essex SS7 5HH2
£202K05/210.33 mi18, Merrivale, Benfleet, Essex SS7 5HH2
£410K06/210.34 mi174, Kimberley Road, Benfleet, Essex SS7 1DR2
£226K03/240.63 mi107a, High Street, Benfleet, Essex SS7 1ND2
£232K07/231.03 miFlat 8, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£145K08/231.03 miFlat 13, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£190K01/211.03 miFlat 18, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£207.5K12/231.03 miFlat 2, Saxon Court, London Road, Benfleet, Essex SS7 4BY2
£225K09/231.05 miFlat 15, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG2
£235K04/211.1 mi4d, Kennington Avenue, Benfleet, Essex SS7 4BS2
£250K07/231.12 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£230K02/211.12 mi42a, London Road, Benfleet, Essex SS7 5TJ2
£232.5K01/241.13 mi143a, Chesterfield Avenue, Benfleet, Essex SS7 3HW2
£185K02/231.19 miFlat 41, Lyndbourne Court, London Road, Benfleet, Essex SS7 5UG2
£222K11/201.2 mi34, Kenneth Road, Benfleet, Essex SS7 3AT2
£170K02/241.36 miWillow Lodge, Flat 18, Hart Road, Thundersley, Benfleet, Essex SS7 3PQ2
£216.5K06/231.48 miFlat 1, Aston Place, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£208K11/201.48 miFlat 8, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£205K11/211.48 miFlat 14, Aston Place, Hart Road, Benfleet, Essex SS7 3PY2
£240K04/241.48 miAston Place, Flat 14, Hart Road, Thundersley, Benfleet, Essex SS7 3PY2
£225K10/201.5 mi12, Robins Path, Benfleet, Essex SS7 1FG2
£220K08/211.51 mi20, Muirway, Benfleet, Essex SS7 4LS2
£195K05/241.66 mi9, Ashworths, Canvey Island, Essex SS8 9RR2
£220K03/231.66 miFlat 41, Queens Lodge, Benfleet Road, Benfleet, Essex SS7 1NY2
£220K08/211.66 miFlat 38, Queens Lodge, Benfleet Road, Benfleet, Essex SS7 1NY2
£192.5K01/211.66 miFlat 39, Queens Lodge, Benfleet Road, Benfleet, Essex SS7 1NY2
£213K07/231.71 miFlat 8, Badgers Rise, Sanders Road, Canvey Island, Essex SS8 9UN2
£245K01/211.79 mi106a, Rayleigh Road, Thundersley, Benfleet, Essex SS7 3YS2
£192K05/221.81 mi7, Church Parade, Canvey Island, Essex SS8 9RQ2
£170K04/231.82 mi31, Church Parade, Canvey Island, Essex SS8 9RQ2
£180K09/211.84 mi33, Church Parade, Canvey Island, Essex SS8 9RQ2
£258K03/211.89 mi39, Limburg Road, Canvey Island, Essex SS8 0QH2
£162K02/211.94 mi106a, Hilton Road, Canvey Island, Essex SS8 9XG2
£220K09/232 mi59, Templewood Court, Benfleet, Essex SS7 2RH2
£185K06/212 mi45, Templewood Court, Benfleet, Essex SS7 2RH2
£190K04/212 mi60, Templewood Court, Benfleet, Essex SS7 2RH2
£185K06/212 mi45, Templewood Court, Benfleet, Essex SS7 2RH2
£120K03/242 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 
£1,20009/240 miHigh Road, Benfleet2
£1,45009/240.12 miThundersley Park Road, Benfleet, SS7 1ET2
£1,25009/240.16 miHall Farm Road, Benfleet, Essex, SS72
£1,25009/240.26 miBrook Road,Benfleet,SS72
£1,20009/240.33 miMerrivale, Benfleet2
£1,30009/240.44 miHigh Road, Benfleet2
£1,40009/240.53 miThe Close Attwell Mews, Benfleet2
£1,25004/240.53 mi-2
£1,20009/240.54 miJotmans Lane, Benfleet2
£1,20009/240.57 miSchool Lane,Benfleet,SS72

Local Area Statistics

Population in SS7

49,121

Town centre distance

1.30 miles away

Nearest school

0.10 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £285,000

January 21, 2025

Floor Plans

Description

  • Luxury two bedroom former show apartment +
  • Immaculate throughout +
  • Spacious kitchen/family room +
  • Two good sized bedrooms +
  • Modern bathroom suite +
  • Direct access to communal gardens and courtyard +
  • Allocated parking +
  • Lease length approx. 143 years +
  • In the heart of South Benfleet, approx. 0.75 miles from Benfleet station +
  • EPC rating - B. Our ref: 16148 +

This luxury two bedroom former show apartment is situated in the heart of South Benfleet, approx. three quarters of a mile from Benfleet station and within short walking distance to restaurants, shops and other amenities on Benfleet High Road.

Approx. 6 years old, this apartment is immaculate throughout with a spacious kitchen/family room; two good size bedrooms; modern bathroom suite; direct access to communal gardens and courtyard; allocated parking.

Accommodation comprises:

Entrance via secure video entry phone system and security door to: 

COMMUNAL HALLWAY With stairs and lift to properties on higher floors. Personal entrance door to: 

KITCHEN/FAMILY ROOM 21' 3" x 12' 0" reducing to 9' 10" (6.48m x 3.66m > 3m) Skimmed ceiling with inset spotlights. Double glazed French doors to communal garden area. Double glazed windows to front aspect. Range of base and eye level units. Quartz worktops. Inset one a half sink/drainer. Integrated four ring induction hob. Extractor hood above. Integrated electric oven. Integrated microwave. Integrated fridge/freezer. Integrated dishwasher. Integrated washer/dryer. Concealed combi-boiler. Feature tiled wall. TV point. Radiator. Tiled floor. 

BEDROOM ONE 12' 6" reducing to 10' 1" x 12' 4"(3.81m > 3.07m x 3.76m) Skimmed ceiling with inset spotlights. Double glazed French doors to communal gardens. Double glazed windows to front aspect. TV point. Radiator. 

BEDROOM TWO 8' 2" x 7' 0" (2.49m x 2.13m) Skimmed ceiling with inset spotlights. Double glazed window to front aspect. Radiator. 

BATHROOM 8' 2" x 5' 7" (2.49m x 1.7m) Skimmed ceiling with inset spotlights. Extractor fan. Panelled bath with mixer shower. Close coupled WC. Hand wash basin with storage beneath. Chrome heated towel rail. Fully tiled with underfloor heating. Shaving point. 

OUTSIDE OF PROPERTY: COMMUNAL GARDENS which are paved and cobbled, with borders and feature seating area with established plants and shrubs. Security door leading to the parking area.

ALLOCATED PARKING AREA to the rear with security entrance doors.

Agent's Note:
146 years approx. remaining on lease
Ground rent - £125 pa
Service charge - £600.31 per annum

Agent Details

Williams and Donovan, Benfleet

01268 755252

Next Steps?

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