29 Pennial Road, Canvey Island, Essex, SS8 9EA
By Dedman Gray Auction
£ 390,000
Reviews
2 out of 5 stars
Dedman Gray Auction says ..
FOR SALE BY PUBLIC AUCTION ON WEDNESDAY, 26TH FEBRUARY 2025 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE; CARE HOME INVESTMENT: A FREEHOLD DETACHED PROPERTY LET AS A THREE BEDROOM CHILDREN'S HOME (CLASS C2) PRODUCING AN INCOME OF £60,0...
Property Oracle says ..
This four-bedroom, one-bathroom property located in Canvey Island, Essex is currently listed for sale by public auction. The property is described as a freehold detached house, currently operating as a three-bedroom children’s home (Class C2). The exterior presents as a well-maintained, detached house with a small garden and patio area. The interior images suggest a reasonably maintained but not fully updated property; some areas are clearly needing attention (such as the unfinished plasterwork) and modernisation. The kitchen and bathroom show a mix of updated and older features. The four bedrooms are functional and furnished, but the overall aesthetic is somewhat dated. The proximity to schools and transport links in Canvey Island adds to the property’s appeal. The property is being sold via public auction, which usually implies the property needs work. The listing highlights the property’s potential as a care home investment, with the current rental income possibly influencing the pricing. Given the age, likely need for renovation, and the sale via auction, the price seems reasonable but not exceptional value for money.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 6
- Land
- 4
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 790.50
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 346,875.00 £Increased by 7.92 %
- Est sale value
- 255,331.50 £Decreased by 18.02 %
- Average area rental value
- 1,200.00 £/moDecreased by 26.15 %
- Est letting value
- 790.50 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.15 %Decreased by 31.63 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Dedman Gray Auction created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Joseph'S Catholic Primary School | Academy Converter | 0.42 KM | |
| William Read Primary School And Nursery | Community School | Good | 0.63 KM |
| St Katherine'S Church Of England Primary School | Foundation School | Good | 0.93 KM |
| Winter Gardens Academy | Academy Sponsor Led | Requires improvement | 0.97 KM |
| Castle View School | Academy Converter | 1.17 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Chichester Close | £ 0 | 0 | 0.00 KM |
| Parklands | £ 0 | 0 | 0.00 KM |
| East Crescent | £ 0 | 0 | 0.00 KM |
| West Crescent | £ 0 | 0 | 0.00 KM |
| Short Road | £ 450,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Benfleet | 7439 | BEF | 3.54 KM |
| Leigh-On-Sea | 7446 | LES | 6.55 KM |
| Rayleigh | 6884 | RLG | 7.72 KM |
| Pitsea | 7452 | PSE | 9.67 KM |
| Chalkwell | 7469 | CHW | 9.70 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 29 Pennial Road, Canvey Island, Essex, SS8 9EA | £ 390,000 | BUY | 5 / 10 | 0.00 KM |
| Lylt Road, Canvey Island, Essex | £ 550,000 | BUY | Unknown | 0.04 KM |
| Lionel Road, Canvey Island | £ 350,000 | BUY | 6 / 10 | 0.12 KM |
| Thelma Avenue, Canvey Island, SS8 | £ 260,000 | BUY | 7 / 10 | 0.12 KM |
| Thelma Avenue, Canvey Island | £ 300,000 | BUY | Unknown | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 19a Fairlop Avenue | £ 195,000 | 0.01 KM |
| 13 Fairlop Avenue | £ 332,500 | 0.01 KM |
| 1c Fairlop Avenue | £ 285,000 | 0.01 KM |
| 1d Fairlop Avenue | £ 112,000 | 0.01 KM |
| 16 Fairlop Avenue | £ 229,995 | 0.01 KM |