2 Bed Flat, Single Let, Brentwood, CM15 9DB, £225,000

Sawyers Hall Lane, Brentwood, CM15 9DB - 13 views - 9 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+11 photos

ValuationUndervalued

Sold Prices£220K - £1.1M
Sold Prices/m²£3.2K/m² - £9.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£274,500
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£1,095 - £3,300

Rent Estimate

£1,325

Running Costs/mo

£988

Cashflow/mo

£337

Cashflow/yr

£4,043

ROI

6%

Gross Yield

7%

Local Sold Prices

44 sold prices from £220K to £1.1M, average is £297.5K. £3.2K/m² to £9.7K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£275K12/200.07 miFlat 14, Burgess Court, Burland Road, Brentwood, Essex CM15 9BL2
£325K12/220.09 miFlat 4, Burgess Court, Burland Road, Brentwood, Essex CM15 9BL2
£260K03/210.29 mi32, Mayfield Gardens, Brentwood, Essex CM14 4UJ2
£321K06/230.29 mi14, Mayfield Gardens, Brentwood, Essex CM14 4UJ2
£287.5K08/220.44 mi94, Doddinghurst Road, Brentwood, Essex CM15 9EU2
£270K06/230.44 mi104a, Doddinghurst Road, Brentwood, Essex CM15 9EU2
£275K02/230.46 mi16, The Courtyard, Brentwood, Essex CM15 9AF2
£232.5K09/210.49 miFlat 4, Stone Yard, Western Gardens, Brentwood, Essex CM14 4RE2
£425K03/230.5 miFlat 11, Coptfold House, New Road, Brentwood, Essex CM14 4FW2
£245K08/210.52 miFlat 35, The Square, Chatham Way, Brentwood, Essex CM14 4AL2
£311.5K05/230.52 miFlat 6, The Square, Chatham Way, Brentwood, Essex CM14 4AL2
£345K12/200.54 mi42b, Coptfold Road, Brentwood, Essex CM14 4BL2
£349.8K06/210.6 mi44, Westbury Road, Brentwood, Essex CM14 4JR2
£250K04/210.61 mi18, Hurstwood Avenue, Pilgrims Hatch, Brentwood, Essex CM15 9HT2
£320K11/220.62 mi16, Hurstwood Avenue, Pilgrims Hatch, Brentwood, Essex CM15 9HT2
£233.5K01/230.62 mi26, Hurstwood Avenue, Pilgrims Hatch, Brentwood, Essex CM15 9HT2
£363.5K12/220.65 mi73, Kings Road, Brentwood, Essex CM14 4DP2
£372.5K05/210.7 mi4, Kings Chase, Brentwood, Essex CM14 4LE2
£245K05/210.74 miFlat 25, Elizabeth House, Albany Road, Pilgrims Hatch, Brentwood, Essex CM15 9PL2
£240K06/220.74 miFlat 42, Elizabeth House, Albany Road, Pilgrims Hatch, Brentwood, Essex CM15 9PL2
£315K02/210.75 mi7, Tabors Court, Shenfield, Brentwood, Essex CM15 8JF2
£290K06/230.79 mi11, Railway Square, Brentwood, Essex CM14 4LN2
£237.5K09/210.79 mi18, Railway Square, Brentwood, Essex CM14 4LN2
£295K04/210.79 mi3b, Hutton Road, Shenfield, Brentwood, Essex CM15 8LA2
£226K04/210.8 mi7, Sandringham Road, Pilgrims Hatch, Brentwood, Essex CM15 9PH2
£220K02/230.8 mi45, Sandringham Road, Pilgrims Hatch, Brentwood, Essex CM15 9PH2
£1.1M12/200.81 mi278, Priests Lane, Shenfield, Brentwood, Essex CM15 8LD2
£365K11/200.84 mi40, Wharf Road, Brentwood, Essex CM14 4LQ2
£318K05/230.85 miFlat 18, Ardleigh Court, Hutton Road, Shenfield, Brentwood, Essex CM15 8LZ2
£281.5K01/210.85 miFlat 49, Ardleigh Court, Hutton Road, Shenfield, Brentwood, Essex CM15 8NA2
£350K04/210.86 miFlat 4, Maple House, Chelmsford Road, Shenfield, Brentwood, Essex CM15 8RQ2
£290K01/210.88 miFlat 24, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£305K05/210.88 miFlat 32, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£282.5K10/220.9 mi16, Balmoral Road, Pilgrims Hatch, Brentwood, Essex CM15 9PN2
£300K01/230.9 miFlat 23, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£310K01/230.9 miFlat 24, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£395K10/220.9 miFlat 6, Mistleigh Court, Shorter Avenue, Shenfield, Brentwood, Essex CM15 8RA2
£310K06/230.91 mi38, Myrtle Road, Warley, Brentwood, Essex CM14 5EG2
£250K08/210.91 miFlat 4, Forres House, Cameron Close, Warley, Brentwood, Essex CM14 5BS2
£825K03/230.95 miFlat 14, Clune Court, Hutton Road, Shenfield, Brentwood, Essex CM15 8NQ2
£276K12/200.95 miFlat 10, Dounsell Court, Ongar Road, Pilgrims Hatch, Brentwood, Essex CM15 9JD2
£310K10/220.96 mi26a, Gordon Road, Shenfield, Brentwood, Essex CM15 8LR2
£280K06/210.97 miFlat 4, Cromarty House, Mount Crescent, Warley, Brentwood, Essex CM14 5DA2
£750K06/210.99 mi2, Margaret Avenue, Shenfield, Brentwood, Essex CM15 8RF2

Local Rents

41 rents from £1.1K/mo to £3.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,35012/240 miHighmead Court, Sawyers Hall Lane, CM152
£1,40001/240.09 mi-2
£1,09501/250.15 mi-2
£1,10012/240.16 miCentral Brentwood2
£1,60011/240.16 mi-2
£1,77512/240.17 mi-2
£1,70004/250.2 mi-2
£1,50012/240.23 miCentral Brentwood2
£1,37512/240.26 miOngar Road, Brentwood, Essex, CM152
£3,00012/240.26 mi-2
£1,50012/240.29 miSycamore Drive, Brentwood, Essex, CM142
£1,95004/250.29 mi-2
£1,85004/250.31 mi-2
£1,95004/250.31 mi-2
£1,99904/250.31 mi-2
£1,55012/240.31 miNorth Road Avenue, Brentwood, CM142
£1,60012/240.31 miOngar Road, Brentwood, Essex, CM152
£2,50003/250.31 mi-2
£3,30012/240.33 mi-2
£1,80012/240.33 mi-2
£1,90002/250.33 mi-2
£2,30012/240.35 miIngrave House, Ingrave Road, CM152
£1,80012/240.37 miRoyal Oak House, High St, Brentwood2
£1,40002/250.39 mi-2
£1,45005/250.46 mi-2
£1,85012/240.46 miSt. Thomas Road, CM142
£1,65012/240.46 miSouth Street, Brentwood, CM142
£1,65012/240.46 mi-2
£1,50012/240.46 miHigh Street, Brentwood, CM14 4RX2
£1,50012/240.46 miHigh Street, Brentwood, CM14 4RX2
£1,35012/240.47 miBardeswell Close, CM142
£1,50012/240.47 miBecket House, New Road, CM142
£1,60004/250.47 mi-2
£1,39512/240.48 miCrown Street, Brentwood, Essex, CM142
£1,59501/240.49 mi-2
£1,60001/240.49 mi-2
£1,30012/230.49 mi-2
£1,50012/240.54 miElias House, Brentwood2
£1,60012/240.54 miCrown Street, Brentwood2
£1,55012/240.55 miEastfield Road, Brentwood, Essex, CM142
£1,40001/250.56 mi-2

Local Area Statistics

Population in CM15

23,277

Population in Brentwood

67,434

Town centre distance

0.39 miles away

Nearest school

0.10 miles away

Nearest train station

0.89 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+29%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £225,000

August 8, 2024

Floor Plans

Description

  • 80 years remaining on the lease +
  • communal parking +
  • Two Double Bedrooms +
  • Modern shower room and kitchen +
  • Large Lounge Diner +
  • Utility Cupboard +
  • French doors onto patio +
  • Communal gardens +
  • Guide Price £225,000 to £275,000 +

Nestled in the desirable area of Brentwood, Highmead Court is a charming ground-floor flat that offers a blend of modern living and convenience. Ready to move into, this well-maintained property is just a 10-minute walk from Brentwood Station, providing excellent rail connections to London, ideal for commuters. The area is well-served by local bus routes, ensuring easy access to the surrounding areas. For your daily needs, a variety of shops, including supermarkets and boutique stores, are within close proximity. Essential services such as a dentist, a doctor’s surgery, a post office, and a pharmacy are all easily accessible, adding to the convenience of this location. Additionally, the vibrant Brentwood High Street is just a short stroll away, offering a range of shopping, dining, and entertainment options. Inside, the flat features two spacious double bedrooms, perfect for comfortable living. The modern shower room and contemporary kitchen are both stylish and functional, designed to meet all your daily needs. The large lounge diner provides ample space for relaxation and entertaining, while the separate utility cupboard adds extra practicality to the home. Residents will appreciate the beautiful communal gardens, offering a peaceful outdoor retreat, and communal parking ensures convenience for vehicle owners. With 80 years remaining on the lease and no onward chain, this property is especially appealing to the older generation, offering easy accessibility and a hassle-free move. The property’s prime location, combined with its excellent condition and modern amenities, makes 4 Highmead Court an ideal choice for those seeking a comfortable and convenient lifestyle in Brentwood. Don’t miss out on the opportunity to make this delightful flat your new home.

Agent Details

Nest in Essex, Rayleigh

01268 500988

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪