3 Bed Semi-Detached House, Single Let, Stansted, CM24 8FT, £425,000

Banks Lane, Stansted, Essex, CM24 8FT - 2 views - 7 months ago

Sold STC
BTL
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£300K - £850K
Sold Prices/m²£3.3K/m² - £7.8K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£405,523

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£550 - £3,600

Rent Estimate

£825

Running Costs/mo

£1,513

Cashflow/mo

£-688

Cashflow/yr

£-8,257

Gross Yield

2%

Local Sold Prices

50 sold prices from £300K to £850K, average is £383K. £3.3K/m² to £7.8K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£445K08/220.02 mi6, Banks Lane, Stansted, Essex CM24 8FT3
£450K06/220.06 mi32, Livings Way, Stansted, Essex CM24 8SN3
£485K12/220.06 mi18, Livings Way, Stansted, Essex CM24 8SN3
£376K09/210.07 mi17, Livings Way, Stansted, Essex CM24 8SN3
£460K04/230.07 mi34, Livings Way, Stansted, Essex CM24 8SN3
£370K12/200.08 mi7, Carters Drive, Stansted, Essex CM24 8FW3
£365K06/210.09 mi5, Walson Way, Stansted, Essex CM24 8GD3
£318K12/200.17 mi4, Brook View, Stansted, Essex CM24 8ES3
£304.8K11/200.17 mi3, Brook View, Stansted, Essex CM24 8ES3
£395K04/210.18 mi60, Hampton Road, Stansted, Essex CM24 8FE3
£302K06/210.18 mi21, Stoney Common, Stansted, Essex CM24 8NF3
£330K12/200.18 mi31, Stoney Common, Stansted, Essex CM24 8NF3
£359K07/220.2 mi21, Stoney Common, Stansted, Essex CM24 8NF3
£500K02/230.22 mi4, Dockerell Road, Stansted, Essex CM24 8FF3
£355K06/220.22 mi11, Stoney Common, Stansted, Essex CM24 8NF3
£370K12/200.23 mi57, Mountfitchet Road, Stansted, Essex CM24 8NP3
£328K01/210.24 mi24, Mountfitchet Road, Stansted, Essex CM24 8NW3
£332K07/220.26 mi33, West Road, Stansted, Essex CM24 8NG3
£450K10/220.31 mi9, Stoneyfield Drive, Stansted, Essex CM24 8PA3
£326K02/210.31 mi7, Stoneyfield Drive, Stansted, Essex CM24 8PA3
£410K12/220.35 mi12, Maitland Road, Stansted, Essex CM24 8NU3
£375K07/210.42 mi7, Water Lane, Stansted, Essex CM24 8BJ3
£397K01/230.44 mi16, Churchfields, Stansted, Essex CM24 8RJ3
£570K11/200.45 mi7, Recreation Ground, Stansted, Essex CM24 8BD3
£702.5K09/220.45 mi47, Recreation Ground, Stansted, Essex CM24 8BD3
£322K01/210.46 mi31, Sunnyside, Stansted, Essex CM24 8AU3
£300K04/210.47 mi53, Woodfields, Stansted, Essex CM24 8AL3
£340K12/200.47 mi46, Sunnyside, Stansted, Essex CM24 8AX3
£390K03/210.48 mi13, Woodfields, Stansted, Essex CM24 8AL3
£340K10/200.48 mi57, Woodfields, Stansted, Essex CM24 8AL3
£353K06/210.5 mi30, Woodfields, Stansted, Essex CM24 8AR3
£550.5K02/220.51 mi6, Woodfield Terrace, Stansted, Essex CM24 8AJ3
£550K06/210.52 mi5, Woodfield Terrace, Stansted, Essex CM24 8AJ3
£590K02/210.53 mi56, Blythwood Gardens, Stansted, Essex CM24 8HH3
£375K06/210.55 mi14, Spencer Close, Stansted, Essex CM24 8AN3
£350K06/210.55 mi29, Silver Street, Stansted, Essex CM24 8HA3
£300K06/210.61 mi2, Grove Hill, Stansted, Essex CM24 8LT3
£447K11/220.61 mi6, Grove Hill, Stansted, Essex CM24 8LT3
£466K06/210.66 mi54, Lower Street, Stansted, Essex CM24 8LR3
£320K04/210.66 mi40, Birchanger Lane, Birchanger, Bishop's Stortford, Essex CM23 5QA3
£335K05/210.69 mi68, Rainsford Road, Stansted, Essex CM24 8EA3
£399.5K03/210.72 mi11, Clarence Road, Stansted, Essex CM24 8JX3
£535K01/210.72 mi15, Clarence Road, Stansted, Essex CM24 8JX3
£405K02/210.73 mi8, Birchwood, Birchanger, Bishop's Stortford, Essex CM23 5QL3
£367.5K05/210.73 mi20, Bentfield Gardens, Stansted, Essex CM24 8HJ3
£421K03/210.73 mi90, Birchanger Lane, Birchanger, Bishop's Stortford, Essex CM23 5QF3
£572K05/230.74 mi19, St Johns Crescent, Stansted, Essex CM24 8JT3
£675K04/220.74 mi13, St Johns Crescent, Stansted, Essex CM24 8JT3
£850K06/220.74 mi5, St Johns Crescent, Stansted, Essex CM24 8JT3
£496K03/210.74 mi21, St Johns Crescent, Stansted, Essex CM24 8JT3

Local Rents

50 rents from £550/mo to £3.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£2,35012/240.1 miWalson Way, Stansted, Essex, CM245
£1,25012/240.15 miRochford Close, Stansted, Essex, CM242
£1,39507/240.16 mi-2
£1,70012/240.17 mi-4
£1,50012/240.18 miBrook View, Stansted, Essex, CM243
£82512/240.27 miPines Hill, Stansted, CM241
£82512/240.27 miPines Hill, Stansted, CM241
£1,00012/240.27 miPines Hill, Stansted, CM242
£82512/240.27 miPines Hill, Stansted, CM241
£82512/240.27 miPines Hill, Stansted, CM241
£1,10012/240.28 miManor Road, Stansted, CM242
£1,30012/240.35 miBrook Road, Stansted, Essex, CM243
£1,40009/230.47 mi-2
£1,60003/250.51 mi-2
£1,10003/250.51 mi-1
£2,25012/240.52 miWoodfields, Stansted, Essex, CM244
£1,99507/230.55 mi-4
£1,25012/240.55 miSilver Street, Stansted Mountfitchet, CM243
£1,05012/240.55 miSpencer House, Stansted Mountfitchet, CM242
£1,07512/240.55 miSilver Street, Stansted, CM242
£3,50003/250.55 mi-5
£3,30003/240.55 mi-4
£1,20012/240.58 miBakery Court, Stansted Mountfitchet.2
£1,20012/240.58 miBakery Court, Stansted, CM242
£1,30012/240.58 miCastle Walk, Stansted Mountfitchet, CM242
£1,30012/240.58 miCastle Walk, Stansted Mountfitchet, CM242
£1,20007/230.59 mi-2
£1,25003/250.59 mi-2
£3,60003/230.59 mi-2
£1,35012/240.62 miSt Stephens Court, Stansted, Essex, CM242
£1,50012/240.62 miSilver Street, Stansted, Essex, CM242
£1,20012/240.65 miHermitage House, Bentfield Road, Stansted, Essex, CM242
£1,75012/240.69 miCambridge Road, Stansted, Essex, CM242
£1,10012/240.72 miThe Mews, High Lane,Stansted,CM241
£1,10012/240.72 miThe Mews, High Lane, Stansted, CM241
£1,30011/230.72 mi-3
£1,99512/240.72 miBradley Common, CM234
£1,75009/240.76 mi-3
£1,39512/240.76 miHigh View, Birchanger3
£1,30012/240.79 miHigh View, Bishop's Stortford, CM232
£55012/240.83 miRoom 4 At The Laurels, 84 St Johns Road, Stansted, Essex, CM241
£1,05012/240.88 miThe Campions, Stansted Mountfitchet.1
£1,75012/240.93 miHargrave Close, Stansted4
£1,00012/240.96 miGilbey Crescent, Stansted, Essex, CM243
£1,50012/240.97 miEastfields Stables, Elsenham, CM242
£1,50012/240.97 miEastfield Stables, Elsenham, CM242
£1,50012/240.97 miEastfield Stables, Elsenham, CM242
£1,75012/241.04 miStansted Road, Birchanger, Bishop's Stortford, Hertfordshire, CM233
£1,20012/241.05 miHazel End, Farnham2
£2,25008/241.17 mi-3

Local Area Statistics

Population in CM24

6,736

Population in Stansted

6,752

Town centre distance

0.56 miles away

Nearest school

0.10 miles away

Nearest train station

0.47 miles away

 

 

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

-7%

Property History

Listed for £425,000

August 28, 2024

Floor Plans

Description

  • A 'turn key' semi detached family home +
  • Within a popular residential area +
  • Close to amenities and schooling +
  • Walking distance of the mainline station +
  • Open plan sitting room, fitted kitchen +
  • Three bedrooms, bathroom and ensuite shower +
  • Garden with patio entertainment area, garage and driveway +
  • EPC Band C / Council tax Band E +

We are pleased to present this bright and spacious modern semi detached family home in a great location on the popular residential development of Forest Hall Park. Well-presented throughout and within walking distance of local amenities, the mainline station and schooling. Stansted Mountfitchet is one of the best served villages in the whole area, with its mainline train station between London Liverpool Street and Cambridge, easy access to the M11 and Stansted Airport, and served by Tesco Express and Co-Op convenience stores, Pubs, Bars and Restaurants, a pharmacy, doctors and a dentists and several other independent shops, as well as a selection of primary schools, a secondary school and further choice in Bishop's Stortford just a short drive away.

This well presented 'turn key' family home offers accommodation arranged over three floors and comprises; entrance hall with cloakroom, sitting room and a fully fitted kitchen with a range of base and eye level units and door to the garden.
Stairs from the hall access the first floor, two bedrooms and a three piece family bathroom.
The principal bedroom occupies the second floor with an ensuite shower room and eaves storage space.

Gardens to the rear are laid to lawn with a patio entertainment area, raised border with established planting and fence surround. A door accesses the single garage. The driveway to the front of the property offers off street parking.

Agent Details

Russell Property, Stansted Mountfitchet

01279 976902

Next Steps?

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