2 Bed Detached House, Planning Permission, Dunmow, CM6 3DY, £399,950

Braintree Road, Felsted, Dunmow, Essex, CM6 3DY - 2 years ago

Sold STC
Planning
~68 m²
+17 photos

ValuationOvervalued

Sold Prices£195K - £430K
Sold Prices/m²£2.9K/m² - £7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.9K/m²

Value Estimate

£320,755

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£99,988

Stamp Duty & Legal Fees

£20,700

Total Cash In

£120,688

 

 

Cash Out

 

Rent Range

£825 - £2,750

Rent Estimate

£1,079

Running Costs/mo

£1,486

Cashflow/mo

£-407

Cashflow/yr

£-4,880

Gross Yield

3%

Local Sold Prices

21 sold prices from £195K to £430K, average is £305K. £2.9K/m² to £7K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£317.5K05/230.12 mi57, Chaffix, Felsted, Dunmow, Essex CM6 3EG2
£280K03/210.7 mi30, Burnstie Road, Felsted, Dunmow, Essex CM6 3NE2
£335K12/221.2 mi9, Britric Close, Flitch Green, Dunmow, Essex CM6 3FN2
£305K03/231.21 mi29, Hallett Road, Flitch Green, Dunmow, Essex CM6 3FR2
£320K10/221.21 mi8, Britric Close, Flitch Green, Dunmow, Essex CM6 3FN2
£316.5K05/231.25 mi40, Baynard Avenue, Flitch Green, Dunmow, Essex CM6 3FF2
£245K11/201.25 mi40, Baynard Avenue, Flitch Green, Dunmow, Essex CM6 3FF2
£267.5K03/211.27 mi32, Ranulf Road, Little Dunmow, Dunmow, Essex CM6 3FZ2
£285K12/221.27 mi42, Ranulf Road, Flitch Green, Dunmow, Essex CM6 3FZ2
£365K06/211.27 mi5, Hallett Road, Little Dunmow, Dunmow, Essex CM6 3FL2
£285K04/231.28 mi3, Durand Lane, Flitch Green, Dunmow, Essex CM6 3FS2
£260K09/211.34 mi5, Canon Road, Little Dunmow, Dunmow, Essex CM6 3GF2
£405K06/212.22 mi23, Evelyn Road, Great Leighs, Chelmsford, Essex CM3 1QQ2
£360K04/212.22 mi4, Evelyn Road, Great Leighs, Chelmsford, Essex CM3 1QQ2
£195K07/232.36 miLong View, Dunmow Road, Rayne, Braintree, Essex CM77 6RZ2
£430K05/232.36 miThe Jays, Main Road, Ford End, Chelmsford, Essex CM3 1LL2
£240K03/212.39 mi45, Watts Close, Barnston, Dunmow, Essex CM6 1LT2
£417.5K03/212.5 miMill Villa, School Road, Rayne, Braintree, Essex CM77 6SS2
£295K11/202.58 mi29, Rayfield Close, Barnston, Dunmow, Essex CM6 1PL2
£255K03/212.9 mi32, The Street, Rayne, Braintree, Essex CM77 6RR2
£325K12/222.94 mi18, New Road, Rayne, Braintree, Essex CM77 6TG2

Local Rents

17 rents from £825/mo to £2.8K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£82512/240.21 miChestnut Walk, Felsted, DUNMOW, Essex1
£2,65012/240.66 miJollyboys Lane South,Felsted,CM64
£2,25012/241.12 miHallett Road, Flitch Green, Dunmow5
£1,63009/241.2 mi-3
£1,55009/231.2 mi-3
£1,60012/241.21 miHallett Road, CM63
£1,55012/241.22 miTanton Road, Flitch Green, CM63
£1,65012/241.24 miRanulf Road, Flitch Green3
£1,40012/241.24 miDurand Lane, Flitch Green2
£1,10012/241.31 miMatilda Way, Flitch Green, CM62
£2,75012/241.35 miBRAINTREE ROAD, Felsted, CM64
£1,20012/241.86 miThe Annexe Old Forge, Grange Lane, Little Dunmow, Essex, CM62
£93012/241.89 miGrange Lane, Dunmow, Essex, CM61
£2,50012/231.97 mi-3
£1,65012/242.2 miDunmow Road, North End, CM62
£1,20012/242.39 miWatts Close, Barnston, CM62
£2,00012/242.46 miHomelye Lane, Dunmow3

Local Area Statistics

Population in CM6

24,916

Population in Dunmow

24,925

Town centre distance

3.13 miles away

Nearest school

0.30 miles away

Nearest train station

4.93 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+47%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Price changed to £399,950

January 31, 2025

Listed for £400,000

August 18, 2023

Floor Plans

Description

  • Two bedrooms +
  • One bathroom +
  • One reception room +
  • Off-street parking +
  • Private gardens behind +
  • Planning permission for demolition and rebuild +
  • Highly sought-after village location +
  • Walking distance to Felsted School +
  • Easy access into Dunmow and Chelmsford +

Situated in the heart of Felsted is this highly desirable two bedroom property benefitting from planning permission which offers fantastic scope for further development to create an impressive family home within walking distance of the highly regarded Felsted School.

This two bedroom property has a partly glazed door into an entrance hall with stairs rising to the first floor landing and doors giving way to the sitting room and kitchen/diner which occupies a dual aspect outlook with work surfaces on three sides incorporating a stainless steel sink with drainer, part tiled surrounds and an array of storage cupboards set both above and below the work surfaces providing space for several appliances including an integrated eye level oven.

A further door leads from the kitchen through to the rear lobby providing access to the rear garden or through into the ground floor bathroom. The bathroom consists of a three piece suite with part tiled surrounds, wash hand basin and WC.

The sitting room spans the full depth of the original build with a dual aspect outlook. To the rear of the property there has been a lean-to constructed which can be accessed externally or via the double doors leading from the sitting room.

The first floor landing leads to two bedrooms and a cloakroom. The principal bedroom is set to the left hand side with the second bedroom and cloakroom being set to the right.

Outside
The property benefits from a good level of off-street parking with generous gardens to the rear with the back half of the garden fenced and left wild

Location

Felsted is an active village with a strong community network and lies to the north west of Essex, south of the A120, linking the M11. The centre offers a range of local amenities including Post Office/Stores, public houses and restaurants with the parish church being situated nearby. Felsted's popular primary school is situated around 1.5 miles east of the property, with Flitch Green Academy located a short distance to the west. The city of Chelmsford and nearby town of Great Dunmow are easily accessible, providing multiple shopping facilities and a further range of private and state schooling. For the commuter there are rail services at Chelmsford, Bishops Stortford, Braintree and Stansted.

Directions

Please use the postcode as the point of origin.

Important Information

Services - We understand that mains water, drainage and electricity are connected to the property. The property has oil fired central heating.
Tenure - Freehold
Council Tax Band – D EPC Rating - D
Our ref - CHE230301

Agents Note
The property currently benefits from planning permission to demolish the existing property and rebuild a substantial family home which would in turn provide four bedrooms with three bathrooms including two en-suites, three reception rooms, a double garage and a dedicated office space.

Agent Details

Fenn Wright, Chelmsford

01246 948443

Next Steps?

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