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Spencer Road, Benfleet, SS7 - Image 1
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Spencer Road, Benfleet, SS7

East of England

£325,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1033 sqft

Description

This three-bedroom semi-detached home presents a compelling opportunity for buyers interested in renovation and investment. Located in a desirable residential area of Benfleet, the property is conveniently situated near a C2C train station, facilitating direct access to London Fenchurch Street – an appealing feature for those commuting to the city. The ground floor features a spacious lounge that opens through double doors to the rear garden, along with a practical downstairs w/c and a kitchen positioned at the front of the house. On the upper level, you’ll find three generously sized bedrooms and a family bathroom. The interior is in need of refurbishment, providing an excellent blank canvas for potential owners to personalize and enhance according to their vision. Outside, the property boasts a sizable rear garden that offers ample space for families or gardening enthusiasts, alongside off-street parking available at the front. There is also significant potential for extension—subject to obtaining the necessary planning permissions—allowing for further development of this already promising property. With local amenities, schools, parks, and transport links all within easy reach, this home not only provides convenience but also represents a valuable investment opportunity. It’s well-suited for first-time buyers eager to create their dream home or investors looking to capitalize on its renovation potential. Viewing is highly recommended to fully grasp the possibilities this property has to offer.

Investment Analysis

(SS7 area)

Below Market Value

This property is priced -21.8% below area average per sq ft

-21.8%
Potential saving
This Property
£315/sq ft
Area Average
£402/sq ft
Avg Rent (weekly)
£346
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£457,247
10% above area average per sq ft
Potential ROI
+21.9%
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

Spencer Road, Benfleet, SS7
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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
£1,191
Based on a loan of £243,750 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