3 Bed Detached House, Refurb/BRRR, Halstead, CO9 4QH, £400,000

Highfields, Great Yeldham, Halstead, Essex, CO9 4QH - 3 views - a year ago

Refurb/BRRR
~93 m²
+18 photos

ValuationOvervalued

Sold Prices£215K - £615K
Sold Prices/m²£1.9K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£4.3K/m²

Value Estimate

£298,540

 

 

End Value (After Refurb)

£326,489

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Refurb Costs

£44,609

Bridging Loan Interest

£10,500

Total Cash In

£177,559

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£326,489

Mortgage (After Refinance)

£244,867

Mortgage LTV

75%

Cash Left In

£177,559

Equity

£81,622

Rent Range

£950 - £1,895

Rent Estimate

£1,164

Running Costs/mo

£1,273

Cashflow/mo

£-109

Cashflow/yr

£-1,309

Gross Yield

3%

Local Sold Prices

50 sold prices from £215K to £615K, average is £286.3K. £1.9K/m² to £4.9K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£250K08/210.07 mi78, Highfields, Great Yeldham, Halstead, Essex CO9 4QH3
£330K03/230.12 mi36, The Croft, Great Yeldham, Halstead, Essex CO9 4JD3
£263.5K03/210.12 mi37, The Croft, Great Yeldham, Halstead, Essex CO9 4JD3
£390K12/220.13 miBramble Cottage, Leather Lane, Great Yeldham, Halstead, Essex CO9 4HZ3
£220K06/210.16 mi6, Leather Lane, Great Yeldham, Halstead, Essex CO9 4HY3
£300K06/210.33 mi29, Whitlock Drive, Great Yeldham, Halstead, Essex CO9 4EE3
£300K06/210.33 mi29, Whitlock Drive, Great Yeldham, Halstead, Essex CO9 4EE3
£215K03/210.94 miToll Cottage, Poole Street, Great Yeldham, Halstead, Essex CO9 4HP3
£285K07/231.15 miTaimar, North End Road, Little Yeldham, Halstead, Essex CO9 4LE3
£249K11/201.25 mi2, Clare Road, Tilbury Juxta Clare, Halstead, Essex CO9 4JS3
£615K03/211.33 miTilbury Cottage, Belchamp Road, Tilbury Juxta Clare, Halstead, Essex CO9 4JX3
£300K03/211.72 mi2, The Street, Toppesfield, Halstead, Essex CO9 4DJ3
£287.5K07/211.73 mi28, Stambourne Road, Toppesfield, Halstead, Essex CO9 4DG3
£262.5K11/202.05 mi19, Park Vale Close, Castle Hedingham, Halstead, Essex CO9 3DS3
£285K05/232.05 mi2, Park Vale Close, Castle Hedingham, Halstead, Essex CO9 3DS3
£240K11/202.05 mi7, Park Vale Close, Castle Hedingham, Halstead, Essex CO9 3DS3
£283.5K01/212.08 mi21, Nunnery Street, Castle Hedingham, Halstead, Essex CO9 3DN3
£290K12/212.22 mi7, Church Lane, Castle Hedingham, Halstead, Essex CO9 3DA3
£229K03/212.24 miHomeleigh, Drury Lane, Ridgewell, Halstead, Essex CO9 4SJ3
£360K05/232.31 mi2, Ashen Road, Ridgewell, Halstead, Essex CO9 4RP3
£345K12/202.32 mi34, St James Street, Castle Hedingham, Halstead, Essex CO9 3EW3
£475K02/232.37 miBridgemead, 55, Station Road, Sible Hedingham, Halstead, Essex CO9 3QD3
£240K07/232.43 mi11, Oxford Meadow, Sible Hedingham, Halstead, Essex CO9 3QN3
£314K12/202.45 mi3, New Park, Castle Hedingham, Halstead, Essex CO9 3HH3
£317.5K06/232.46 mi2, Yeldham Road, Sible Hedingham, Halstead, Essex CO9 3QJ3
£276.5K05/212.46 mi23, Yeldham Road, Sible Hedingham, Halstead, Essex CO9 3QJ3
£275K09/212.48 mi1a, Airey Houses, Ashen, Sudbury, Essex CO10 8JW3
£360K08/212.49 mi3, Abbey Meadow, Sible Hedingham, Halstead, Essex CO9 3QS3
£296K11/202.49 mi11, Station Road, Sible Hedingham, Halstead, Essex CO9 3QA3
£294.9K12/202.49 mi37, Station Road, Sible Hedingham, Halstead, Essex CO9 3QA3
£377.5K09/212.56 mi19, Castle Meadow, Sible Hedingham, Halstead, Essex CO9 3PZ3
£250K03/212.59 mi8, Charlton Close, Sible Hedingham, Halstead, Essex CO9 3QF3
£250K03/212.59 mi8, Charlton Close, Sible Hedingham, Halstead, Essex CO9 3QF3
£290K01/212.62 mi25, Graysmead, Sible Hedingham, Halstead, Essex CO9 3PA3
£290K11/212.63 mi27, Graysmead, Sible Hedingham, Halstead, Essex CO9 3PB3
£255K10/202.64 mi15, Graysmead, Sible Hedingham, Halstead, Essex CO9 3NY3
£298K06/212.65 mi2, Beech Grove, Sible Hedingham, Halstead, Essex CO9 3NZ3
£247.5K11/212.75 mi47, Church Street, Sible Hedingham, Halstead, Essex CO9 3NT3
£520K11/202.75 mi53, Church Street, Sible Hedingham, Halstead, Essex CO9 3NT3
£228K06/212.79 mi4, Wethersfield Road, Sible Hedingham, Halstead, Essex CO9 3LB3
£335K03/212.81 mi19, Hogarth Court, Sible Hedingham, Halstead, Essex CO9 3FA3
£319.9K09/222.85 mi12, Brook Terrace, Sible Hedingham, Halstead, Essex CO9 3PS3
£248K02/212.85 mi4, Brook Terrace, Sible Hedingham, Halstead, Essex CO9 3PS3
£226K03/212.85 mi17, Brook Terrace, Sible Hedingham, Halstead, Essex CO9 3PS3
£275K05/212.85 mi6, Brook Terrace, Sible Hedingham, Halstead, Essex CO9 3PS3
£245K03/212.87 mi23, Parkfields, Sible Hedingham, Halstead, Essex CO9 3NJ3
£350K09/212.89 mi139, Swan Street, Sible Hedingham, Halstead, Essex CO9 3PP3
£325K06/232.92 mi26, Alexandra Road, Sible Hedingham, Halstead, Essex CO9 3NE3
£245K04/212.93 mi12, Alexandra Road, Sible Hedingham, Halstead, Essex CO9 3ND3
£260K05/232.93 mi13, Alexandra Road, Sible Hedingham, Halstead, Essex CO9 3ND3

Local Rents

12 rents from £950/mo to £1.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.08 miCarleton Close, Great Yeldham3
£1,10012/240.33 miCherry Lane, Great Yeldham, HALSTEAD2
£99509/230.72 mi-1
£99503/250.81 mi-1
£99512/240.84 mi-1
£1,70001/251.99 mi-2
£95012/242 miCastle Hedingham, Halstead, Essex2
£1,05012/242.11 miPye Corner, Castle Hedingham3
£99512/242.17 miCrown Street, Castle Hedingham2
£1,89512/242.26 miCastle Hedingham, Halstead4
£1,65002/252.28 mi-3
£1,29512/242.31 miBayley Street, Castle Hedingham, Halstead2

Local Area Statistics

Population in CO9

25,162

Town centre distance

5.92 miles away

Nearest school

0.40 miles away

Nearest train station

7.20 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Listed for £400,000

February 9, 2024

Floor Plans

Description

NO ONWARD CHAIN Situated on a generous plot, a three bedroomed detached family home.

Offering scope for modernisation and improvement, a deceptively spacious detached family home, situated within a popular cul-de-sac in the Village of Great Yeldham.

Internally, the property benefits from having an entrance hall, sitting room, kitchen/diner, snug, cloakroom and lean-to to the ground floor with three bedrooms and shower room to the first floor.

ENTRANCE HALL -

SITTING ROOM - 14'3 x 12'7

KITCHEN -

DINING ROOM - 18'7 x 8'1

SNUG - 8'9 x 7'4

BEDROOM ONE - 11'9 x 11'4

BEDROOM TWO - 11'8 x 7'4

BEDROOM THREE - 8'5 x 8'5

SHOWER ROOM -

The property is positioned on an elevated and generous corner plot with wrap around gardens. The gardens are mainly laid to lawn with paved patio entertaining area.

A driveway providing off road parking for several vehicles in-turn leads to the single garage.

The property is a situated a short stroll to the village amenities, which include three pubs, a C of E church and school, a doctors’ surgery, a convenience store, a newsagent and a post office.

For the commuter there is a train service from Sudbury via Marks Tey or Witham to London's Liverpool Street with access onto the A12 at Witham and onto the A120 at Braintree, which is now a dual carriageway to the M11 and Stansted Airport.

SERVICES - We are advised by the Vendors that the mains services of electricity, water and drainage are connected. Heating is via a calor gas fired boiler.

WHAT3WORDS – trophy.blizzard.grove

Agent Details

Percival & Company, Earls Colne

01787 322341

Next Steps?

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