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2 Bed Flat, Single Let, Brentwood, CM14 5PE, £260,000

Leonard Way, Brentwood, CM14 5PE - 3 views - 7 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£115K - £465K
Sold Prices/m²£1.9K/m² - £7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.8K/m²

Value Estimate

£301,491
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£1,300 - £2,250

Rent Estimate

£1,381

Running Costs/mo

£1,109

Cashflow/mo

£272

Cashflow/yr

£3,268

ROI

4%

Gross Yield

6%

Local Sold Prices

52 sold prices from £115K to £465K, average is £290K. £1.9K/m² to £7K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£325K01/230.2 miFlat 24, Budleigh Court, Jason Close, Brentwood, Essex CM14 4QS2
£272.5K11/210.32 mi95, Shevon Way, Brentwood, Essex CM14 4PL2
£315K05/230.32 mi71, Shevon Way, Brentwood, Essex CM14 4PL2
£465K11/200.76 miFlat 12, Fisher Court, Rhapsody Crescent, Warley, Brentwood, Essex CM14 5GE2
£440K06/210.76 miFlat 28, Fisher Court, Rhapsody Crescent, Warley, Brentwood, Essex CM14 5GE2
£210K03/210.8 mi84, Cromwell Road, Warley, Brentwood, Essex CM14 5DZ2
£340K05/210.81 mi201, Crescent Road, Warley, Brentwood, Essex CM14 5JB2
£335K04/210.87 mi15, Osborne Heights, Warley, Brentwood, Essex CM14 5UZ2
£250K02/210.89 miFlat 2, Marlborough House, Firsgrove Crescent, Brentwood, Essex CM14 5TF2
£290K01/210.9 miFlat 24, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£305K05/210.9 miFlat 32, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£240K03/230.91 miFlat 8, Grove House, Firsgrove Crescent, Warley, Brentwood, Essex CM14 5JS2
£310K01/230.91 miFlat 24, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£300K01/230.91 miFlat 23, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£365K11/200.97 mi40, Wharf Road, Brentwood, Essex CM14 4LQ2
£400K06/231.02 miFlat 17, Myers Court, The Galleries, Warley, Brentwood, Essex CM14 5GG2
£237.5K09/211.08 mi18, Railway Square, Brentwood, Essex CM14 4LN2
£290K06/231.08 mi11, Railway Square, Brentwood, Essex CM14 4LN2
£372.5K05/211.08 mi4, Kings Chase, Brentwood, Essex CM14 4LE2
£172.5K01/211.09 miFlat 4, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£301K11/221.09 mi44, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AQ2
£165K12/201.09 miFlat 29, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£300K01/231.1 mi38, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AQ2
£197K05/211.11 miFlat 9, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£115K05/231.11 miFlat 24, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£290K10/211.11 mi39, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AH2
£300K03/211.11 mi35, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AH2
£282K10/211.11 mi17, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AH2
£349.8K06/211.11 mi44, Westbury Road, Brentwood, Essex CM14 4JR2
£315K09/221.12 mi43, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AH2
£363.5K12/221.13 mi73, Kings Road, Brentwood, Essex CM14 4DP2
£245K08/211.16 miFlat 35, The Square, Chatham Way, Brentwood, Essex CM14 4AL2
£311.5K05/231.16 miFlat 6, The Square, Chatham Way, Brentwood, Essex CM14 4AL2
£232.5K09/211.16 miFlat 4, Stone Yard, Western Gardens, Brentwood, Essex CM14 4RE2
£310K06/231.19 mi38, Myrtle Road, Warley, Brentwood, Essex CM14 5EG2
£270K03/211.19 mi18a, Hampden Crescent, Warley, Brentwood, Essex CM14 5BD2
£260K09/221.22 miFlat 12, Thorndon Court, Eagle Way, Great Warley, Brentwood, Essex CM13 3BZ2
£258K09/211.23 mi13, Pompadour Close, Warley, Brentwood, Essex CM14 5LB2
£250K08/211.25 miFlat 4, Forres House, Cameron Close, Warley, Brentwood, Essex CM14 5BS2
£210K11/201.26 miFlat 18, Cawdor House, Cameron Close, Warley, Brentwood, Essex CM14 5BZ2
£310K03/211.27 mi33, Florence Close, Great Warley, Brentwood, Essex CM13 3FQ2
£280K06/211.28 miFlat 4, Cromarty House, Mount Crescent, Warley, Brentwood, Essex CM14 5DA2
£260K03/211.29 mi32, Mayfield Gardens, Brentwood, Essex CM14 4UJ2
£321K06/231.29 mi14, Mayfield Gardens, Brentwood, Essex CM14 4UJ2
£345K12/201.3 mi42b, Coptfold Road, Brentwood, Essex CM14 4BL2
£220K11/201.31 miFlat 3, Thorndon Court, Eagle Way, Great Warley, Brentwood, Essex CM13 3BZ2
£220K11/201.31 miFlat 3, Thorndon Court, Eagle Way, Great Warley, Brentwood, Essex CM13 3BZ2
£220K11/201.31 miFlat 3, Thorndon Court, Eagle Way, Great Warley, Brentwood, Essex CM13 3BZ2
£425K03/231.33 miFlat 11, Coptfold House, New Road, Brentwood, Essex CM14 4FW2
£205.5K02/211.35 miFlat 34, Thorndon Court, Eagle Way, Great Warley, Brentwood, Essex CM13 3BY2
£180K01/231.35 miFlat 45, Thorndon Court, Eagle Way, Great Warley, Brentwood, Essex CM13 3BY2
£180K09/211.37 miFlat 25, Becketts Court, Canterbury Way, Great Warley, Brentwood, Essex CM13 3BA2

Local Rents

51 rents from £1.3K/mo to £2.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,45003/250.07 mi-2
£1,50012/240.76 miRegent House, Hubert Road, Brentwood2
£1,55012/240.78 miHubert Road, BRENTWOOD2
£1,55012/240.78 miHubert Road, BRENTWOOD2
£1,52512/240.78 miHubert Road, BRENTWOOD2
£1,99512/240.79 mi-2
£1,99512/240.79 miRudyard Court, Warley, Brentwood, CM142
£2,25012/240.8 miKipling Close, Brentwood, Essex, CM142
£1,40012/240.8 miThe Badgers, Cromwell Road, Warley, Essex2
£1,85012/240.8 miCromwell Road, Brentwood, Essex, CM142
£1,65012/240.8 miCromwell Road, Brentwood, Essex, CM142
£1,55001/250.85 mi-2
£1,55001/250.85 mi-2
£1,65012/240.85 miWilkinson Court, Rollason Way, CM142
£1,50012/240.86 miAdlington House, Rollason Way, CM142
£1,50012/240.86 miThe Base - Brentwood2
£1,60012/240.87 mi-2
£1,60012/240.87 miRollason Way, Brentwood, CM142
£1,41512/240.87 mi-2
£1,50012/240.9 miRollason Way, Brentwood, Essex, CM142
£1,57512/240.91 miSussex Road, Brentwood2
£1,75012/240.91 miSussex Road, Brentwood, Essex, CM142
£1,75012/240.91 miSussex Road, Brentwood, Essex, CM142
£1,50004/250.92 mi-2
£1,65012/240.93 miThe Galleries, Warley, Brentwood2
£1,60004/250.93 mi-2
£1,70012/240.94 miCrescent Road, Brentwood, Essex, CM142
£1,85012/240.95 miHalcyon Place, Brentwood, Essex, CM142
£1,99512/240.96 miPenthouse South, Tudor Court, The Galleries , Warley, Brentwood, CM14 5FS2
£1,75012/240.97 miThe Clock Tower, Brentwood2
£2,00012/240.97 miThe Clocktower, The Galleries, Brentwood, Essex, CM142
£1,65012/240.98 miHenry Manning House, Milan Walk, Brentwood, Essex, CM142
£1,60012/240.99 miThe Galleries, Warley, Brentwood2
£1,70012/241.01 mi-2
£1,72512/241.02 miChase Road, Brentwood, Essex, CM142
£1,90012/241.02 miThe Galleries - Brentwood2
£1,30001/241.02 mi-2
£1,80012/241.04 miJunction Road, Warley2
£1,80011/231.05 mi-2
£1,90012/241.08 miBrentwood Station2
£1,60012/241.09 miLorne Road, Warley, Brentwood2
£1,89512/241.1 miLunar House, St. James Road, Brentwood2
£1,45011/241.1 mi-2
£1,50002/251.11 mi-2
£1,45004/251.12 mi-2
£1,35012/241.12 miBardeswell Close, CM142
£1,45003/241.16 mi-2
£1,45003/241.16 mi-2
£1,59501/241.16 mi-2
£1,40011/241.18 mi-2
£1,50004/251.18 mi-2

Links

Local Area Statistics

Population in CM14

19,442

Population in Brentwood

67,434

Town centre distance

1.93 miles away

Nearest school

0.50 miles away

Nearest train station

1.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Listed for £260,000

September 12, 2024

Floor Plans

Description

  • Modern ground floor apartment +
  • Two generously sized bedrooms +
  • Communal gardens and parking +
  • Ideal for professionals or small family +
  • Tranquil cul-de-sac position +
  • Close to local amenities +
  • St. Peters School catchment area +
  • Easy access to M25/A12 Motorway +

Nestled in a tranquil cul-de-sac setting within the sought-after St. Peters School catchment area, this modern ground floor apartment presents a perfect blend of style and comfort. Featuring two generously sized bedrooms, this residence is ideal for young professionals or a small family.

With easy access to the M25/A12 motorway, residents can enjoy convenient connectivity to nearby amenities while still relishing the peaceful surroundings. The property also offers communal gardens for relaxation and social gatherings, along with resident parking for added convenience.

This well-kept apartment provides an affordable opportunity to own a practical and chic home in a prime location. Its modern amenities and tranquil surroundings make it an attractive choice for those in search of a comfortable and convenient living space. (Ref: NBC240998)

Agent Details

Beresfords, at Brentwood

01277 674353

Next Steps?

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

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