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Shipwrights Drive, Benfleet SS7

East of England

£425,000
Listed on 06/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1105 sqft

Description

This three-bedroom detached bungalow presents an excellent opportunity for renovation, situated conveniently close to the King John School. The property features a west-facing rear garden, perfect for potential landscaping, and offers ample off-street parking which could enhance its appeal. Upon entering, you are greeted by a spacious entrance hall with loft access, paving the way to various living areas. The lounge/diner is generously sized, complete with French doors that connect directly to the garden, allowing for natural light and outdoor flow. A practical kitchen with existing units and space for modern appliances offers room for updates. Each bedroom provides comfortable space; the second bedroom is particularly well-equipped with fitted storage. Additionally, a loft room accessible via a ladder—currently includes a WC—could become an inviting extra living area or office space. The property's two bathrooms may require modernizing to meet contemporary standards but provide a functional foundation. Overall, this bungalow holds substantial investment potential through thoughtful renovation to attract future buyers or renters.

Investment Analysis

(SS7 area)

Below Market Value

This property is priced -3.2% below area average per sq ft

-3.2%
Potential saving
This Property
£385/sq ft
Area Average
£397/sq ft
Avg Rent (weekly)
£351
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£483,040
10% above area average per sq ft
Potential ROI
+3.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SS7)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -0.9%
5 year growth: +9.0%
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

Shipwrights Drive, Benfleet SS7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,505
Based on a loan of £318,750 over 30 years at 3.91% 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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