29 Pennial Road, Canvey Island, Essex, SS8 9EA
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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 %
from 321,412.00 £
Est sale value
255,331.50 £
Decreased by 18.02 %
from 311,457.00 £
Average area rental value
1,200.00 £/mo
Decreased by 26.15 %
from 1,625.00 £/mo
Est letting value
790.50 £/mo
Unchanged by 0.00 %
from 790.50 £/mo
Est rental Yield
4.15 %
Decreased by 31.63 %
from 6.07 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Dedman Gray Auction created the listing.

Nearby Schools

NameTypeOfstedDistance
St Joseph'S Catholic Primary SchoolAcademy Converter0.42 KM
William Read Primary School And NurseryCommunity SchoolGood0.63 KM
St Katherine'S Church Of England Primary SchoolFoundation SchoolGood0.93 KM
Winter Gardens AcademyAcademy Sponsor LedRequires improvement0.97 KM
Castle View SchoolAcademy Converter1.17 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Chichester Close £ 000.00 KM
Parklands £ 000.00 KM
East Crescent £ 000.00 KM
West Crescent £ 000.00 KM
Short Road £ 450,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Benfleet7439BEF3.54 KM
Leigh-On-Sea7446LES6.55 KM
Rayleigh6884RLG7.72 KM
Pitsea7452PSE9.67 KM
Chalkwell7469CHW9.70 KM

Nearby Listings

AddressPriceTypeScoreDistance
29 Pennial Road, Canvey Island, Essex, SS8 9EA £ 390,000BUY5 / 100.00 KM
Lylt Road, Canvey Island, Essex £ 550,000BUYUnknown0.04 KM
Lionel Road, Canvey Island £ 350,000BUY6 / 100.12 KM
Thelma Avenue, Canvey Island, SS8 £ 260,000BUY7 / 100.12 KM
Thelma Avenue, Canvey Island £ 300,000BUYUnknown0.13 KM

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AddressPriceDistance
19a Fairlop Avenue £ 195,0000.01 KM
13 Fairlop Avenue £ 332,5000.01 KM
1c Fairlop Avenue £ 285,0000.01 KM
1d Fairlop Avenue £ 112,0000.01 KM
16 Fairlop Avenue £ 229,9950.01 KM