4 Bed Terraced House, Planning Permission, Benfleet, SS7 4LJ, £425,000

Virginia Close, Benfleet, SS7 4LJ - a month ago

Planning
~129 m²
+13 photos

ValuationFair Value

Sold Prices£315K - £655K
Sold Prices/m²£2.3K/m² - £5.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.3K/m²

Value Estimate

£429,250

 

 

End Value (After Refurb)

£496,724

Uplift in Value

+17%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£31,200

Refurb Costs

£63,264

Bridging Loan Interest

£11,156

Total Cash In

£213,620

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£496,724

Mortgage (After Refinance)

£372,543

Mortgage LTV

75%

Cash Released

£53,793

Cash Left In

£159,827

Equity

£124,181

Rent Range

£910 - £3,495

Rent Estimate

£2,048

Running Costs/mo

£1,982

Cashflow/mo

£66

Cashflow/yr

£794

ROI

0%

Gross Yield

6%

Local Sold Prices

52 sold prices from £315K to £655K, average is £444K. £2.3K/m² to £5.1K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£437.5K05/230.1 mi43, Woodcote Way, Benfleet, Essex SS7 4ND4
£438K11/210.11 mi1, Orchard Road, Benfleet, Essex SS7 4DX4
£410K01/210.16 mi220, Rushbottom Lane, Benfleet, Essex SS7 4LU4
£385.1K01/240.23 mi3, Overton Drive, Benfleet, Essex SS7 4DS4
£408K01/240.23 mi26, Leighton Road, Benfleet, Essex SS7 4NF4
£490K02/230.23 mi16, Sadlers, Benfleet, Essex SS7 4PE4
£460K02/230.24 mi9, Maplin Close, Benfleet, Essex SS7 4HE4
£500K08/230.31 mi50, Oak Walk, Benfleet, Essex SS7 4SB4
£500K08/230.31 mi50, Oak Walk, Benfleet, Essex SS7 4SB4
£315K11/230.37 mi40, Louisa Avenue, Benfleet, Essex SS7 4DA4
£450K03/210.4 mi18, Ivy Road, Benfleet, Essex SS7 4DG4
£370K07/210.43 mi3, Chancel Close, Benfleet, Essex SS7 4ET4
£320K11/200.43 mi116, Roseberry Avenue, Benfleet, Essex SS7 4JG4
£390K11/200.43 mi61, London Road, Benfleet, Essex SS7 5TG4
£385K08/210.46 mi29, London Road, Benfleet, Essex SS7 5TH4
£340K05/210.48 mi134, Manor Road, Benfleet, Essex SS7 4HU4
£350K03/240.49 mi6, Woodside View, Benfleet, Essex SS7 4PB4
£410K11/200.51 mi3, London Road, Benfleet, Essex SS7 5TN4
£400K01/210.56 mi60, Manor Road, Benfleet, Essex SS7 4BG4
£427K01/230.57 mi14, Malwood Drive, Benfleet, Essex SS7 5TS4
£405K12/200.57 mi12, Romsey Way, Benfleet, Essex SS7 5TT4
£315K11/200.59 mi6, Romsey Crescent, Benfleet, Essex SS7 5TR4
£505K06/210.61 mi15, Selbourne Road, Benfleet, Essex SS7 4AN4
£460K07/230.66 mi48, Southwold Crescent, Benfleet, Essex SS7 5SP4
£355K05/230.74 mi52, St Clements Road, Benfleet, Essex SS7 5XB4
£555K02/210.74 mi60, Highlands Road, Bowers Gifford, Basildon, Essex SS13 2HX4
£475K10/230.74 mi448, Kents Hill Road North, Benfleet, Essex SS7 4AB4
£390K02/210.75 mi26, Lea Road, Benfleet, Essex SS7 5UU4
£555K02/210.75 mi60, Highlands Road, Bowers Gifford, Basildon, Essex SS13 2HX4
£490K11/200.76 mi54, Pound Lane, Bowers Gifford, Basildon, Essex SS13 2HW4
£364K01/210.76 mi64, Pound Lane, Bowers Gifford, Basildon, Essex SS13 2HW4
£425K08/230.76 mi94, Pound Lane, Bowers Gifford, Basildon, Essex SS13 2HW4
£360K04/230.76 mi19, Glenridding, Benfleet, Essex SS7 5XQ4
£535K02/210.77 mi14, Saxonville, Benfleet, Essex SS7 5TD4
£335K08/210.78 mi91, Highlands Road, Bowers Gifford, Basildon, Essex SS13 2JA4
£415K06/230.79 mi145, Pound Lane, Bowers Gifford, Basildon, Essex SS13 2HN4
£555K05/230.81 mi82, St Clements Road, Benfleet, Essex SS7 5XG4
£655K03/210.81 mi15, Elmhurst Avenue, Benfleet, Essex SS7 5RY4
£655K03/210.81 mi15, Elmhurst Avenue, Benfleet, Essex SS7 5RY4
£467.5K01/210.81 mi30, Elmhurst Avenue, Benfleet, Essex SS7 5RY4
£495K03/210.81 mi6, Westlake Avenue, Bowers Gifford, Basildon, Essex SS13 2JJ4
£575K05/220.81 mi35, Westlake Avenue, Bowers Gifford, Basildon, Essex SS13 2JJ4
£370K05/210.84 mi10, Thundersley Church Road, Benfleet, Essex SS7 3ES4
£570K03/210.84 mi55, St Clements Road, Benfleet, Essex SS7 5XH4
£530K02/210.84 mi61, St Clements Road, Benfleet, Essex SS7 5XH4
£542K12/200.84 mi18, Westwater, Benfleet, Essex SS7 5TE4
£490K03/210.85 mi4, Westwater, Benfleet, Essex SS7 5TE4
£535K05/210.86 mi288, Kents Hill Road, Benfleet, Essex SS7 5XS4
£417K11/210.86 mi344, Kents Hill Road, Benfleet, Essex SS7 5XS4
£470K11/210.87 mi352, London Road, Benfleet, Essex SS7 1BG4
£570K06/210.87 mi44, Villa Road, Benfleet, Essex SS7 5QL4
£498K02/210.89 mi1, Albion Road, Benfleet, Essex SS7 5PU4

Local Rents

20 rents from £910/mo to £3.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,55009/230.04 mi-3
£1,47507/240.4 mi-3
£3,45004/250.41 mi-6
£2,00004/250.42 mi-4
£1,80009/240.44 mi-3
£91004/250.54 mi-3
£2,20010/230.59 mi-3
£1,45008/230.6 mi-3
£1,45008/230.6 mi-3
£1,60011/240.6 mi-3
£2,50009/240.65 miPound Lane, SS135
£2,00009/240.66 miBenfleet, Essex4
£3,49501/250.7 mi-5
£2,00004/240.73 mi-5
£2,50009/240.78 miBowers Court Drive, Bowers Gifford5
£1,50009/240.79 miHigh Road, Benfleet3
£1,55005/230.8 mi-3
£1,55005/230.81 mi-3
£2,50006/240.9 mi-4
£1,70009/241.05 miClifton Avenue, Benfleet3

Local Area Statistics

Population in SS7

49,121

Town centre distance

1.63 miles away

Nearest school

0.10 miles away

Nearest train station

2.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £425,000

March 24, 2025

Description

  • FOUR BEDROOM END TERRACED PROPERTY +
  • OFFERS IN EXCESS OF £425,000 +
  • SPACIOUS LOUNGE/DINING ROOM +
  • FOUR WELL PROPORTIONED BEDROOMS +
  • SPACIOUS FITTED FAMILY BATHROOM +
  • DIRECT ACCESS DRIVEWAY & GARAGE +
  • LANDSCAPED PRIVATE REAR GARDEN +
  • CLOSE TO LOCAL AMENITIES AND SCHOOLS +

SUMMARY
SPACIOUS WELL PRESENTED Four Bedroom End Terraced House located close to local amenities and schools. WELL PRESENTED THROUGHOUT. VIEWING HIGHLY RECOMMENDED.

DESCRIPTION
SPACIOUS WELL PRESENTED Four Bedroom End Terraced House located close to local amenities and schools. This family home benefits from an extended lounge/dining room, fitted kitchen/diner, ground floor WC, four well proportioned bedrooms, large fitted family bathroom and a spacious landing area with potential planning permission for a loft extension. The exterior of the property benefits from direct access driveway leading to the garage with external and internal access and a landscaped private rear garden with a decked area. WELL PRESENTED THROUGHOUT. VIEWING HIGHLY RECOMMENDED.

Lounge/Dining Room  Irregular Shaped Room x ( x )

Lounge 12' 3" x 11' 8" ( 3.73m x 3.56m )

Dining Room  11' 9" x 11' 8" ( 3.58m x 3.56m )

Kitchen 7' 8" x 25' 8" ( 2.34m x 7.82m )

Downstairs W/C  3' 9" x 3' 3" ( 1.14m x 0.99m )

Bedroom 1  12' 4" x 11' 2" ( 3.76m x 3.40m )

Bedroom 2  9' 3" x 11' 8" ( 2.82m x 3.56m )

Bedroom 3  9' 9" x 8' 8" ( 2.97m x 2.64m )

Bedroom 4/Dressing Room  7' 1" x 6' 5" ( 2.16m x 1.96m )

Bathroom  5' 5" x 12' 3" ( 1.65m x 3.73m )

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Rayleigh

01268 202594

Next Steps?

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