6 Bed Detached House, Planning Permission, Brentwood, CM13 2LS, £1,750,000

2 Ridgeway, Brentwood, Essex, CM13 2LS - 1 views - 9 months ago

Sold STC
Planning
~186 m²
+21 photos

ValuationOvervalued

Sold Prices£635K - £2.6M
Sold Prices/m²£2.8K/m² - £8.8K/m²

 

 

Square Metres

~186 m²
Price/m²£9.4K/m²

Value Estimate

£902,350

 

 

End Value (After Refurb)

£1,575,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£437,500

Stamp Duty & Legal Fees

£174,950

Refurb Costs

£92,205

Bridging Loan Interest

£45,938

Total Cash In

£752,343

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£1,575,000

Mortgage (After Refinance)

£1,181,250

Mortgage LTV

75%

Cash Left In

£752,343

Equity

£393,750

Rent Range

£1,450 - £5,500

Rent Estimate

£2,403

Running Costs/mo

£5,422

Cashflow/mo

£-3,019

Cashflow/yr

£-36,234

Gross Yield

2%

Local Sold Prices

18 sold prices from £635K to £2.6M, average is £1.1M. £2.8K/m² to £8.8K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£1.8M02/210.12 mi44, Longaford Way, Hutton, Brentwood, Essex CM13 2LT6
£1.1M03/210.13 mi139, Hanging Hill Lane, Hutton, Brentwood, Essex CM13 2HE6
£2.6M03/210.2 miFirlins, Mount Avenue, Hutton, Brentwood, Essex CM13 2PB6
£2.4M10/200.22 mi21, Widworthy Hayes, Hutton, Brentwood, Essex CM13 2LN6
£2.6M06/210.57 miLadys Walk, Greenway, Hutton, Brentwood, Essex CM13 2NP6
£635K06/210.6 mi5, Normanhurst, Hutton, Brentwood, Essex CM13 1BG6
£1.1M03/210.65 mi121, Rayleigh Road, Hutton, Brentwood, Essex CM13 1LX6
£1.2M06/210.66 mi33, Rayleigh Road, Hutton, Brentwood, Essex CM13 1AB6
£950K06/210.76 mi7, Ashdon Close, Hutton, Brentwood, Essex CM13 1YF6
£1.6M12/200.84 mi106, Priests Lane, Shenfield, Brentwood, Essex CM15 8HN6
£1.1M03/230.92 mi115, Worrin Road, Shenfield, Brentwood, Essex CM15 8JN6
£915K05/211.25 mi29, The Avenue, Brentwood, Essex CM13 2AD6
£785K04/211.56 mi13, Peartrees, Ingrave, Brentwood, Essex CM13 3RP6
£955K02/211.58 miBrook House, 17, Sawyers Grove, Brentwood, Essex CM15 9BD6
£955K02/211.58 miBrook House, 17, Sawyers Grove, Brentwood, Essex CM15 9BD6
£1.1M01/211.84 mi640, Rayleigh Road, Hutton, Brentwood, Essex CM13 1SJ6
£980K10/212.09 mi63, Weald Road, Brentwood, Essex CM14 4TN6
£1.1M05/212.57 mi68, London Road, Brentwood, Essex CM14 4NJ6

Local Rents

42 rents from £1.4K/mo to £5.5K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,00012/240.37 miHutton3
£2,25012/240.4 miHanging Hill Lane, Hutton, CM133
£3,40012/240.43 miHanging Hill Lane, Hutton, BRENTWOOD5
£2,50012/230.56 mi-5
£1,90002/250.59 mi-3
£1,85008/230.61 mi-3
£4,25012/240.62 miGreenway, Brentwood, Essex, CM135
£3,00012/240.66 mi3 Bedroom Accomodation3
£2,75012/240.75 miBowmont Close, Hutton, Brentwood3
£1,80001/240.79 mi-3
£1,75012/240.81 miKelvedon Close, Hutton, Brentwood3
£2,15011/240.82 mi-4
£1,77011/240.84 mi-3
£1,89512/240.86 miRayleigh Road, Hutton, Brentwood3
£1,89512/240.86 miRayleigh Road, Hutton, Brentwood3
£1,55012/240.89 miHutton3
£1,80012/240.9 miPondfield Lane, Brentwood3
£3,00012/240.92 miWorrin Road,Shenfield,Brentwood,CM154
£2,95012/240.92 miKilworth Avenue, Shenfield, Brentwood, Essex, CM154
£1,75012/240.96 miLong Ridings Avenue, Hutton, CM133
£5,50012/240.96 miOld Shenfield5
£1,75001/250.97 mi-3
£1,70012/240.98 mi-3
£2,25012/241 miKestrel Close, Shenfield, Brentwood3
£1,65012/241.01 mi-3
£1,75009/241.02 mi-3
£2,10010/241.02 mi-3
£2,30001/251.02 mi-3
£1,50002/241.02 mi-3
£4,00003/251.03 mi-3
£4,05004/251.03 mi-3
£2,65001/251.04 mi-3
£2,65012/241.04 miChelmsford Road, Shenfield, Brentwood, CM153
£1,45012/231.05 mi-3
£2,29501/241.08 mi-4
£2,40012/241.1 miChelmsford Road, Shenfield, Brentwood, Essex, CM153
£1,55012/241.12 miHutton - Brentwood3
£2,25001/241.12 mi-3
£2,25002/251.12 mi-3
£4,00002/251.13 mi-4
£1,80010/231.14 mi-3
£3,99512/241.24 mi Ingrave Road, Brentwood.5

Local Area Statistics

Population in CM13

24,715

Population in Brentwood

67,434

Town centre distance

1.27 miles away

Nearest school

0.10 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Listed for £1,750,000

July 17, 2024

Sold for £890,000

2012

Sold for £405,000

1999

Floor Plans

Description

Located on the prestigious Hutton Mount private estate, this substantial six-bedroom family home offers over 3,300 square feet of exquisitely appointed accommodation. Nestled in a pleasant position within this exclusive estate, the property provides a wonderful family lifestyle within easy reach of popular schooling and convenient transport links.

Upon entering through the impressive period-style oak front door, a sizeable reception hall sets the tone for the rest of this beautifully designed home. The ground floor boasts an expansive drawing room with bi-folding doors that open to the rear garden, creating a seamless indoor-outdoor living experience. This theme continues in to the state-of-the-art kitchen/dining/family room, featuring high-end appliances, an Aga, and a large central island, again with a seamless connection to the garden and patios via bifold doors, perfect for both family gatherings and entertaining guests.

Upstairs, the property continues to impress with a first-floor galleried landing leading to five generously sized bedrooms, including a luxurious master suite complete with a dressing room and en-suite bathroom. A second staircase (accessed from the kitchen) leads to an annexe, providing a private retreat with its own bedroom and shower room, ideal for guests or an au pair.

The exterior is equally appealing, with a sizeable rear garden offering a peaceful outside retreat, perfect for enjoying the westerly sunshine and featuring a large patio adjacent to the kitchen for outdoor dining and entertaining. The front garden features a large shingle driveway with ample parking and an electric vehicle charging point, leading to an integral garage.

Situated conveniently near Shenfield mainline railway station and the highly regarded St. Martin's School, this home offers both comfortable living, and great accessibility. With planning permission approved for an extension to the loft area, the property also offers potential to enhance the living space.

Agent Details

Walkers - People & Property, Essex

01277 674491

Next Steps?

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