Portsea Road, Tilbury, Essex, RM18 8AX
BI

Portsea Road, Tilbury, Essex, RM18 8AX

By Binks and Brown

£ 600,000

Reviews

2 out of 5 stars

Binks and Brown says ..

This Detached 2/3 Bedroom Bungalow presents the ideal opportunity for someone looking to improve an existing property, or to potentially redevelop the site subject to the relevant planning permissions...

Property Oracle says ..

This 3-bedroom bungalow in Tilbury, Essex, presents a mixed bag. Positives include a relatively convenient location near Tilbury Town train station providing access to London, several primary and secondary schools are within walking distance. The property also features a garden, although of a limited size. However, the property’s condition is a significant drawback. The interior photos reveal dated décor, and potential buyers should anticipate substantial renovation costs. The kitchen and bathroom in particular appear in need of a complete overhaul. The property’s exterior while not in disrepair does show signs of age. The large plot size as indicated by the land registry may suggest redevelopment potential, though this is subject to planning permission. The list price of £600,000 should be considered carefully in light of the necessary renovations. Other comparable properties in the same street and neighboring streets are selling for substantially less. While redevelopment potential might justify a higher value, the uncertainty surrounding securing planning permissions and the associated costs should not be underestimated. Potential buyers should budget accordingly and undertake a thorough survey before committing to a purchase.

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
4
Location
6
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
716.88

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
362,595.00 £
Decreased by 6.17 %
from 386,426.00 £
Est sale value
230,835.36 £
Increased by 34.73 %
from 171,334.32 £
Average area rental value
1,036.00 £/mo
Decreased by 36.60 %
from 1,634.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 716.88 £/mo
Est rental Yield
3.43 %
Decreased by 32.35 %
from 5.07 %
Crime Rate
26.00 %
Unchanged by 0.00 %
from 26.00 %

Agent Activity

  • Binks and Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Tilbury Pioneer AcademyAcademy Sponsor LedGood0.52 KM
Tilbury Children'S Centre P1-3Children's Centre0.99 KM
The Gateway AcademyAcademy Sponsor LedGood1.48 KM
Olive Ap Academy - ThurrockAcademy Alternative Provision Sponsor LedGood1.88 KM
The Gateway Primary Free SchoolFree SchoolsGood1.91 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Manor Road £ 300,00000.00 KM
Chadfields £ 325,00000.00 KM
Queen Elizabeth Place £ 000.00 KM
Tilbury Gardens £ 331,25000.00 KM
Chadwell Hill £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Tilbury Town7462TIL2.45 KM
Gravesend5172GRV2.75 KM
East Tilbury7471ETL4.67 KM
Northfleet5120NFL6.08 KM
Grays7443GRY6.15 KM

Nearby Listings

AddressPriceTypeScoreDistance
Portsea Road, Tilbury, Essex, RM18 8AX £ 600,000BUY5 / 100.00 KM
Portsea Road, Tilbury, RM18 £ 350,000BUYUnknown0.03 KM
Portsea Road, Tilbury, Thurrock, Essex, RM18 £ 450,000BUY6 / 100.04 KM
Brennan Road, Tilbury £ 325,000BUYUnknown0.12 KM
Brennan Road, Tilbury, Essex, RM18 £ 325,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
11 Portsea Road £ 45,0000.04 KM
60 Portsea Road £ 95,5000.04 KM
56 Portsea Road £ 161,5000.04 KM
46 Portsea Road £ 255,0000.04 KM
50 Portsea Road £ 149,9950.04 KM