2 Bed Flat, Single Let, Brentwood, CM14 4WL, £207,000

Hubert Road, Brentwood, CM14 4WL - 3 views - 7 months ago

Leasehold
Auction
BTL
ROI: 8%
~68 m²
+6 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£3K/m²

Value Estimate

£254,610
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£51,750

Stamp Duty & Legal Fees

£7,410

Total Cash In

£59,160

 

 

Cash Out

 

Rent Range

£1,250 - £1,950

Rent Estimate

£1,338

Running Costs/mo

£934

Cashflow/mo

£404

Cashflow/yr

£4,842

ROI

8%

Gross Yield

8%

Local Sold Prices

49 sold prices from £115K to £465K, average is £300K. £1.9K/m² to £7K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£290K01/210.17 miFlat 24, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£305K05/210.17 miFlat 32, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£300K01/230.2 miFlat 23, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£310K01/230.2 miFlat 24, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£365K11/200.22 mi40, Wharf Road, Brentwood, Essex CM14 4LQ2
£210K03/210.24 mi84, Cromwell Road, Warley, Brentwood, Essex CM14 5DZ2
£340K05/210.29 mi201, Crescent Road, Warley, Brentwood, Essex CM14 5JB2
£372.5K05/210.3 mi4, Kings Chase, Brentwood, Essex CM14 4LE2
£290K06/230.32 mi11, Railway Square, Brentwood, Essex CM14 4LN2
£237.5K09/210.32 mi18, Railway Square, Brentwood, Essex CM14 4LN2
£349.8K06/210.33 mi44, Westbury Road, Brentwood, Essex CM14 4JR2
£363.5K12/220.35 mi73, Kings Road, Brentwood, Essex CM14 4DP2
£245K08/210.39 miFlat 35, The Square, Chatham Way, Brentwood, Essex CM14 4AL2
£311.5K05/230.39 miFlat 6, The Square, Chatham Way, Brentwood, Essex CM14 4AL2
£250K02/210.4 miFlat 2, Marlborough House, Firsgrove Crescent, Brentwood, Essex CM14 5TF2
£232.5K09/210.4 miFlat 4, Stone Yard, Western Gardens, Brentwood, Essex CM14 4RE2
£240K03/230.41 miFlat 8, Grove House, Firsgrove Crescent, Warley, Brentwood, Essex CM14 5JS2
£335K04/210.46 mi15, Osborne Heights, Warley, Brentwood, Essex CM14 5UZ2
£310K06/230.48 mi38, Myrtle Road, Warley, Brentwood, Essex CM14 5EG2
£440K06/210.51 miFlat 28, Fisher Court, Rhapsody Crescent, Warley, Brentwood, Essex CM14 5GE2
£465K11/200.51 miFlat 12, Fisher Court, Rhapsody Crescent, Warley, Brentwood, Essex CM14 5GE2
£315K05/230.51 mi71, Shevon Way, Brentwood, Essex CM14 4PL2
£272.5K11/210.51 mi95, Shevon Way, Brentwood, Essex CM14 4PL2
£345K12/200.52 mi42b, Coptfold Road, Brentwood, Essex CM14 4BL2
£250K08/210.55 miFlat 4, Forres House, Cameron Close, Warley, Brentwood, Essex CM14 5BS2
£210K11/200.55 miFlat 18, Cawdor House, Cameron Close, Warley, Brentwood, Essex CM14 5BZ2
£425K03/230.55 miFlat 11, Coptfold House, New Road, Brentwood, Essex CM14 4FW2
£172.5K01/210.56 miFlat 4, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£165K12/200.57 miFlat 29, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£280K06/210.59 miFlat 4, Cromarty House, Mount Crescent, Warley, Brentwood, Essex CM14 5DA2
£325K01/230.59 miFlat 24, Budleigh Court, Jason Close, Brentwood, Essex CM14 4QS2
£197K05/210.6 miFlat 9, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£115K05/230.6 miFlat 24, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£260K03/210.62 mi32, Mayfield Gardens, Brentwood, Essex CM14 4UJ2
£321K06/230.62 mi14, Mayfield Gardens, Brentwood, Essex CM14 4UJ2
£270K03/210.63 mi18a, Hampden Crescent, Warley, Brentwood, Essex CM14 5BD2
£400K06/230.69 miFlat 17, Myers Court, The Galleries, Warley, Brentwood, Essex CM14 5GG2
£258K09/210.75 mi13, Pompadour Close, Warley, Brentwood, Essex CM14 5LB2
£325K12/220.82 miFlat 4, Burgess Court, Burland Road, Brentwood, Essex CM15 9BL2
£275K12/200.84 miFlat 14, Burgess Court, Burland Road, Brentwood, Essex CM15 9BL2
£275K02/230.86 mi16, The Courtyard, Brentwood, Essex CM15 9AF2
£275K04/210.87 mi116b, Woodman Road, Warley, Brentwood, Essex CM14 5AL2
£282K10/210.9 mi17, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AH2
£290K10/210.9 mi39, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AH2
£300K03/210.9 mi35, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AH2
£315K09/220.9 mi43, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AH2
£300K01/230.9 mi38, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AQ2
£301K11/220.9 mi44, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AQ2
£310K03/210.97 mi33, Florence Close, Great Warley, Brentwood, Essex CM13 3FQ2

Local Rents

51 rents from £1.3K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,55012/240 miHubert Road, BRENTWOOD2
£1,55012/240 miHubert Road, BRENTWOOD2
£1,52512/240 miHubert Road, BRENTWOOD2
£1,65012/240.09 miWilkinson Court, Rollason Way, CM142
£1,55001/250.09 mi-2
£1,55001/250.09 mi-2
£1,41512/240.12 mi-2
£1,60012/240.13 mi-2
£1,60012/240.13 miRollason Way, Brentwood, CM142
£1,50012/240.13 miRegent House, Hubert Road, Brentwood2
£1,50012/240.13 miAdlington House, Rollason Way, CM142
£1,50012/240.17 miThe Base - Brentwood2
£1,50012/240.17 miRollason Way, Brentwood, Essex, CM142
£1,85012/240.19 miHalcyon Place, Brentwood, Essex, CM142
£1,70012/240.24 mi-2
£1,40012/240.24 miThe Badgers, Cromwell Road, Warley, Essex2
£1,85012/240.24 miCromwell Road, Brentwood, Essex, CM142
£1,65012/240.24 miCromwell Road, Brentwood, Essex, CM142
£1,72512/240.26 miChase Road, Brentwood, Essex, CM142
£1,80011/230.29 mi-2
£1,57512/240.31 miSussex Road, Brentwood2
£1,75012/240.31 miSussex Road, Brentwood, Essex, CM142
£1,75012/240.31 miSussex Road, Brentwood, Essex, CM142
£1,30001/240.32 mi-2
£1,90012/240.34 miBrentwood Station2
£1,70012/240.34 miCrescent Road, Brentwood, Essex, CM142
£1,89512/240.37 miLunar House, St. James Road, Brentwood2
£1,45003/240.38 mi-2
£1,45003/240.38 mi-2
£1,40011/240.4 mi-2
£1,59501/240.4 mi-2
£1,50004/250.41 mi-2
£1,50004/250.41 mi-2
£1,35012/240.41 miBardeswell Close, CM142
£1,95001/250.42 mi-2
£1,50012/240.44 miHigh Street, Brentwood, CM14 4RX2
£1,50012/240.44 miHigh Street, Brentwood, CM14 4RX2
£1,50004/250.45 mi-2
£1,50004/250.45 mi-2
£1,45004/250.46 mi-2
£1,60012/240.46 miCrown Street, Brentwood2
£1,80012/240.47 miJunction Road, Warley2
£1,39512/240.47 miCrown Street, Brentwood, Essex, CM142
£1,40001/250.48 mi-2
£1,60012/240.48 miMyrtle Road, Brentwood, Essex, CM142
£1,25002/240.5 mi-2
£1,65012/240.5 miHenry Manning House, Milan Walk, Brentwood, Essex, CM142
£1,65012/240.5 mi-2
£1,65012/240.5 miSouth Street, Brentwood, CM142
£1,80012/240.51 miRose Valley, Brentwood, Essex, CM142
£1,95012/240.51 mi-2

Local Area Statistics

Population in CM14

19,442

Population in Brentwood

67,434

Town centre distance

1.19 miles away

Nearest school

0.40 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Listed for £207,000

September 13, 2024

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • TWO BEDROOMS +
  • CONCIERGE SERVICE +
  • SECURE PARKING +
  • FIRST FLOOR +
  • CLOSE TO BRENTWOOD STATION +

SUMMARY
Situated in central Brentwood this spacious two bedroom first floor apartment located within close proximity to Brentwood's Mainline Railway Station to London Liverpool Street.

DESCRIPTION
The building is entered through an impressive communal entrance with concierge, leads to secure post boxes, lifts and stairs to all floors.

The property is located on the first floor and comprises entrance hall into an open plan living room/kitchen with built in appliances and double glazed, dual aspect windows. The property benefits from two spacious bedrooms and a stylish family bathroom finished to a high standard.

Externally, there is a barrier-controlled residents' car park, visitors' car parking, a bin store and cycle store.

With easy access to Brentwood mainline station and the Elizabeth Line, ideal for commuters.

The property is being offered chain free

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hallway 

Living/Kitchen 18' 9" x 13' 1" ( 5.71m x 3.99m )

Bedroom One 11' 6" x 9' 10" ( 3.51m x 3.00m )

Bedroom Two 11' x 5' 11" ( 3.35m x 1.80m )

Bathroom 

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Brentwood

01277 674650

Next Steps?

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