2 Bed Semi-Detached House, Single Let, Stansted, CM24 8LR, £350,000

Lower Street, Stansted, Essex, CM24 8LR - 7 months ago

BTL
~59 m²
+12 photos

ValuationOvervalued

Sold Prices£186.9K - £500K
Sold Prices/m²£2.5K/m² - £8.3K/m²

 

 

Square Metres

~58.80 m²
Price/m²£6K/m²

Value Estimate

£309,874

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Total Cash In

£111,200

 

 

Cash Out

 

Rent Range

£1,050 - £3,600

Rent Estimate

£1,081

Running Costs/mo

£1,330

Cashflow/mo

£-249

Cashflow/yr

£-2,987

Gross Yield

4%

Local Sold Prices

44 sold prices from £186.9K to £500K, average is £335K. £2.5K/m² to £8.3K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£375K05/220 mi74, Lower Street, Stansted, Essex CM24 8LR2
£350K04/230.01 mi64, Lower Street, Stansted, Essex CM24 8LR2
£307.5K11/200.01 mi72, Lower Street, Stansted, Essex CM24 8LR2
£300K06/230.04 mi11, Grove Hill, Stansted, Essex CM24 8SP2
£338K06/210.06 mi17, Grove Hill, Stansted, Essex CM24 8SP2
£317.5K10/200.07 mi19, Grove Hill, Stansted, Essex CM24 8SP2
£400K07/220.18 mi2, Station Road, Stansted, Essex CM24 8BE2
£380K09/220.2 mi25, Chapel Hill, Stansted, Essex CM24 8AD2
£320K06/210.22 mi15, Woodfields, Stansted, Essex CM24 8AL2
£355K04/220.24 mi38, Woodfields, Stansted, Essex CM24 8AR2
£350K11/210.24 mi38, Sunnyside, Stansted, Essex CM24 8AX2
£290K02/210.24 mi36, Woodfields, Stansted, Essex CM24 8AR2
£315K06/210.26 mi20, Sunnyside, Stansted, Essex CM24 8AU2
£355K11/220.26 mi23, Sunnyside, Stansted, Essex CM24 8AU2
£349K01/210.26 mi56, Cambridge Road, Stansted, Essex CM24 8DA2
£305K06/210.27 mi21, Woodfields, Stansted, Essex CM24 8AL2
£340K10/220.29 mi24, Cambridge Road, Stansted, Essex CM24 8BZ2
£450K06/210.29 mi32, Cambridge Road, Stansted, Essex CM24 8BZ2
£440K02/210.36 mi5, Croasdaile Road, Stansted, Essex CM24 8DN2
£285K01/210.39 mi56, West Road, Stansted, Essex CM24 8NQ2
£320K08/220.39 mi56, Silver Street, Stansted, Essex CM24 8HD2
£350K08/220.4 mi58, West Road, Stansted, Essex CM24 8NQ2
£325K07/230.4 mi46, West Road, Stansted, Essex CM24 8NQ2
£500K04/220.41 mi3, Gilbey Crescent, Stansted, Essex CM24 8DS2
£455K04/220.41 mi7, Gilbey Crescent, Stansted, Essex CM24 8DS2
£425K01/210.41 mi2, Gilbey Crescent, Stansted, Essex CM24 8DS2
£369K09/220.47 mi32, West Road, Stansted, Essex CM24 8NG2
£470K12/200.47 mi36, Bentfield Road, Stansted, Essex CM24 8HP2
£470K12/200.47 mi36, Bentfield Road, Stansted, Essex CM24 8HP2
£310K11/200.47 mi10, West Road, Stansted, Essex CM24 8NG2
£425K12/220.48 mi9, Bentfield Causeway, Bentfield End, Stansted, Essex CM24 8HU2
£325K12/220.5 mi40, Stoney Common, Stansted, Essex CM24 8NF2
£325K02/220.51 mi33, Stoney Common, Stansted, Essex CM24 8NF2
£281K06/210.51 mi47, Stoney Common, Stansted, Essex CM24 8NF2
£230K05/210.52 mi15, Stoney Place, Stansted, Essex CM24 8PE2
£360K02/210.52 mi30, Bentfield Causeway, Bentfield End, Stansted, Essex CM24 8HU2
£297.5K03/210.52 mi11, Bentfield Causeway, Bentfield End, Stansted, Essex CM24 8HU2
£332K03/210.52 mi15, Bentfield Causeway, Stansted, Essex CM24 8HU2
£285K06/210.53 mi15, Rochford Close, Stansted, Essex CM24 8LZ2
£390K04/230.53 miIvy Cottage, Stoney Common, Stansted, Essex CM24 8NH2
£293.5K09/210.54 mi18, Rochford Close, Stansted, Essex CM24 8LZ2
£285K02/210.54 mi26, Rochford Close, Stansted, Essex CM24 8LZ2
£186.9K12/200.6 mi23, Hudgell Road, Stansted, Essex CM24 8FP2
£325K12/200.66 mi3, Gill Edge, Stansted, Essex CM24 8RL2

Local Rents

21 rents from £1.1K/mo to £3.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£3,60003/230.09 mi-2
£1,20007/230.09 mi-2
£1,25003/250.09 mi-2
£1,30012/240.1 miCastle Walk, Stansted Mountfitchet, CM242
£1,30012/240.1 miCastle Walk, Stansted Mountfitchet, CM242
£1,60003/250.22 mi-2
£1,40009/230.24 mi-2
£1,75012/240.29 miCambridge Road, Stansted, Essex, CM242
£1,20012/240.36 miHermitage House, Bentfield Road, Stansted, Essex, CM242
£1,05012/240.38 miSpencer House, Stansted Mountfitchet, CM242
£1,07512/240.38 miSilver Street, Stansted, CM242
£1,35012/240.38 miSt Stephens Court, Stansted, Essex, CM242
£1,50012/240.38 miSilver Street, Stansted, Essex, CM242
£1,20012/240.38 miBakery Court, Stansted Mountfitchet.2
£1,20012/240.38 miBakery Court, Stansted, CM242
£1,50012/240.39 miEastfields Stables, Elsenham, CM242
£1,50012/240.39 miEastfield Stables, Elsenham, CM242
£1,50012/240.39 miEastfield Stables, Elsenham, CM242
£1,10012/240.48 miManor Road, Stansted, CM242
£1,39507/240.52 mi-2
£1,25012/240.53 miRochford Close, Stansted, Essex, CM242

Local Area Statistics

Population in CM24

6,736

Population in Stansted

6,752

Town centre distance

0.17 miles away

Nearest school

0.10 miles away

Nearest train station

0.22 miles away

 

 

Rental growth (12m)

-29%

Sales demand

Balanced market

Property History

Price changed to £350,000

November 7, 2024

Listed for £375,000

September 3, 2024

Floor Plans

Description

  • Offered with No Onward Chain +
  • A delightful two bedroom property +
  • Within a central village location +
  • Close to amenities and the mainline station +
  • Lounge/dining room and kitchen +
  • Two bedrooms and shower room +
  • Courtyard garden and off street parking +
  • EPC Band C / Council Tax Band C +

NO ONWARD CHAIN

A beautifully finished semi detached home in a central position within the village of Stansted. This property is close to local amenities and within walking distance of the mainline station. 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, pharmacy, a 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.

Well presented throughout and benefitting from off street parking, this property offers accommodation arranged over two floors and comprises; entrance into the open plan lounge/dining room, fully fitted kitchen with a range of base and eye level units and built in appliances, as well as access to a cloakroom and the garden.

Stairs access the first floor, two good size bedrooms and family shower room.

Externally, to the rear, the courtyard garden includes a patio entertainment area and the reminder of the garden is tiered with steps to the higher level. To the front of the property the gravelled drive provides off street parking.

Agent Details

Russell Property, Stansted Mountfitchet

01279 976902

Next Steps?

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