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Eastern Avenue, Benfleet - Image 1
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Eastern Avenue, Benfleet - Image 5

Eastern Avenue, Benfleet

East of England

£340,000
Listed on 09/03/2025

Property Details

Bedrooms
2
Type
Detached house
Area
490 sqft

Description

This well-kept bungalow presents a promising opportunity for buyers seeking a home with potential for enhancement and investment. Featuring two spacious double bedrooms, the property provides a solid foundation for various renovation projects. The layout includes a sizable living room that benefits from natural light through a double-glazed bay window, creating a welcoming atmosphere. The modern kitchen is equipped with an array of base and wall-mounted units, offering ample storage and workspace. With its breakfast bar and integrated appliances, it serves as both a functional cooking space and an area for casual dining. Additionally, the adjacent bathroom has been designed for practicality, featuring contemporary fixtures and tile work. The outdoor space enhances the property's appeal with a generous garden that invites possibilities for extension (subject to planning permission) or simply enjoying as it is. Current owners have valued entertaining in this expansive green area, complete with flower borders and designated seating space. Situated conveniently near local shops and essential transport links, including easy access to the A13, this location adds an extra layer of desirability. The property also benefits from off-road parking for multiple vehicles at the front. Whether you envision making minor updates or undertaking more significant renovations, this bungalow offers a versatile canvas in an advantageous location—ideal for homeowners looking to personalize their space or investors aiming to enhance value over time.

Investment Analysis

(SS7 area)

Above Market Value

This property is priced +72.4% above area average per sq ft

+72.4%
This Property
£694/sq ft
Area Average
£402/sq ft
Avg Rent (weekly)
£346
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£216,894
10% above area average per sq ft
Potential ROI
-40.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (SS7)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -1.0%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on SS7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Eastern Avenue, Benfleet
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,246
Based on a loan of £255,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE