2 Bed Flat, Single Let, Brentwood, CM14 4DY, £240,000

RADCLIFFE HOUSE Rollason Way, Brentwood, Essex, CM14 4DY - 4 views - 7 months ago

Sold STC
Leasehold
Auction
BTL
ROI: 5%
51 m²
+3 photos

ValuationOvervalued

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

 

 

Square Metres

50.66 m²
Price/m²£4.7K/m²

Value Estimate

£229,460

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Total Cash In

£68,400

 

 

Cash Out

 

Rent Range

£1,250 - £1,950

Rent Estimate

£1,338

Running Costs/mo

£1,038

Cashflow/mo

£300

Cashflow/yr

£3,605

ROI

5%

Gross Yield

7%

Local Sold Prices

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

PriceDateDistanceAddressBeds 
£300K01/230.06 miFlat 23, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£310K01/230.06 miFlat 24, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£365K11/200.08 mi40, Wharf Road, Brentwood, Essex CM14 4LQ2
£290K01/210.08 miFlat 24, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£305K05/210.08 miFlat 32, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£290K06/230.15 mi11, Railway Square, Brentwood, Essex CM14 4LN2
£237.5K09/210.15 mi18, Railway Square, Brentwood, Essex CM14 4LN2
£210K03/210.16 mi84, Cromwell Road, Warley, Brentwood, Essex CM14 5DZ2
£340K05/210.2 mi201, Crescent Road, Warley, Brentwood, Essex CM14 5JB2
£372.5K05/210.22 mi4, Kings Chase, Brentwood, Essex CM14 4LE2
£250K02/210.24 miFlat 2, Marlborough House, Firsgrove Crescent, Brentwood, Essex CM14 5TF2
£240K03/230.24 miFlat 8, Grove House, Firsgrove Crescent, Warley, Brentwood, Essex CM14 5JS2
£310K06/230.24 mi38, Myrtle Road, Warley, Brentwood, Essex CM14 5EG2
£363.5K12/220.26 mi73, Kings Road, Brentwood, Essex CM14 4DP2
£250K08/210.31 miFlat 4, Forres House, Cameron Close, Warley, Brentwood, Essex CM14 5BS2
£349.8K06/210.31 mi44, Westbury Road, Brentwood, Essex CM14 4JR2
£335K04/210.32 mi15, Osborne Heights, Warley, Brentwood, Essex CM14 5UZ2
£172.5K01/210.33 miFlat 4, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£165K12/200.34 miFlat 29, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£280K06/210.35 miFlat 4, Cromarty House, Mount Crescent, Warley, Brentwood, Essex CM14 5DA2
£197K05/210.38 miFlat 9, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£115K05/230.38 miFlat 24, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£270K03/210.38 mi18a, Hampden Crescent, Warley, Brentwood, Essex CM14 5BD2
£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
£345K12/200.43 mi42b, Coptfold Road, Brentwood, Essex CM14 4BL2
£232.5K09/210.43 miFlat 4, Stone Yard, Western Gardens, Brentwood, Essex CM14 4RE2
£440K06/210.44 miFlat 28, Fisher Court, Rhapsody Crescent, Warley, Brentwood, Essex CM14 5GE2
£465K11/200.44 miFlat 12, Fisher Court, Rhapsody Crescent, Warley, Brentwood, Essex CM14 5GE2
£425K03/230.47 miFlat 11, Coptfold House, New Road, Brentwood, Essex CM14 4FW2
£258K09/210.51 mi13, Pompadour Close, Warley, Brentwood, Essex CM14 5LB2
£400K06/230.52 miFlat 17, Myers Court, The Galleries, Warley, Brentwood, Essex CM14 5GG2
£275K04/210.62 mi116b, Woodman Road, Warley, Brentwood, Essex CM14 5AL2
£315K05/230.65 mi71, Shevon Way, Brentwood, Essex CM14 4PL2
£272.5K11/210.65 mi95, Shevon Way, Brentwood, Essex CM14 4PL2
£260K03/210.71 mi32, Mayfield Gardens, Brentwood, Essex CM14 4UJ2
£321K06/230.71 mi14, Mayfield Gardens, Brentwood, Essex CM14 4UJ2
£282K10/210.74 mi17, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AH2
£290K10/210.74 mi39, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AH2
£300K03/210.74 mi35, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AH2
£315K09/220.74 mi43, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AH2
£300K01/230.74 mi38, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AQ2
£301K11/220.75 mi44, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AQ2
£325K01/230.76 miFlat 24, Budleigh Court, Jason Close, Brentwood, Essex CM14 4QS2
£310K03/210.78 mi33, Florence Close, Great Warley, Brentwood, Essex CM13 3FQ2
£325K12/220.84 miFlat 4, Burgess Court, Burland Road, Brentwood, Essex CM15 9BL2
£180K09/210.85 miFlat 25, Becketts Court, Canterbury Way, Great Warley, Brentwood, Essex CM13 3BA2
£275K12/200.86 miFlat 14, Burgess Court, Burland Road, Brentwood, Essex CM15 9BL2
£305K12/220.87 mi51a, The Drive, Great Warley, Brentwood, Essex CM13 3BH2
£260K09/220.88 miFlat 12, Thorndon Court, Eagle Way, Great Warley, Brentwood, Essex CM13 3BZ2

Local Rents

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

RentDateDistanceAddressBeds 
£1,30001/240.08 mi-2
£1,50012/240.08 miRollason Way, Brentwood, Essex, CM142
£1,50012/240.09 miThe Base - Brentwood2
£1,72512/240.1 miChase Road, Brentwood, Essex, CM142
£1,50012/240.12 miAdlington House, Rollason Way, CM142
£1,60012/240.12 miRollason Way, Brentwood, CM142
£1,60012/240.12 mi-2
£1,57512/240.13 miSussex Road, Brentwood2
£1,75012/240.13 miSussex Road, Brentwood, Essex, CM142
£1,75012/240.13 miSussex Road, Brentwood, Essex, CM142
£1,41512/240.13 mi-2
£1,90012/240.13 miBrentwood Station2
£1,70012/240.14 miCrescent Road, Brentwood, Essex, CM142
£1,89512/240.14 miLunar House, St. James Road, Brentwood2
£1,80011/230.15 mi-2
£1,70012/240.15 mi-2
£1,55001/250.16 mi-2
£1,55001/250.16 mi-2
£1,65012/240.16 miWilkinson Court, Rollason Way, CM142
£1,40012/240.17 miThe Badgers, Cromwell Road, Warley, Essex2
£1,85012/240.17 miCromwell Road, Brentwood, Essex, CM142
£1,65012/240.17 miCromwell Road, Brentwood, Essex, CM142
£1,50012/240.19 miRegent House, Hubert Road, Brentwood2
£1,50003/250.24 mi-2
£1,80012/240.24 miJunction Road, Warley2
£1,60012/240.24 miMyrtle Road, Brentwood, Essex, CM142
£1,55012/240.25 miHubert Road, BRENTWOOD2
£1,55012/240.25 miHubert Road, BRENTWOOD2
£1,52512/240.25 miHubert Road, BRENTWOOD2
£1,45003/240.26 mi-2
£1,45003/240.26 mi-2
£1,95012/240.26 mi-2
£1,50004/250.27 mi-2
£1,40011/240.27 mi-2
£1,85012/240.28 miHalcyon Place, Brentwood, Essex, CM142
£1,40004/250.28 mi-2
£1,95001/250.28 mi-2
£1,25002/240.29 mi-2
£1,50005/250.3 mi-2
£1,40012/240.31 mi-2
£1,80012/240.32 miRose Valley, Brentwood, Essex, CM142
£1,50004/250.33 mi-2
£1,35005/250.33 mi-2
£1,60012/240.34 miLorne Road, Warley, Brentwood2
£1,40004/250.34 mi-2
£1,40001/250.39 mi-2
£1,60012/240.39 miCrown Street, Brentwood2
£1,59501/240.43 mi-2
£1,39512/240.44 miCrown Street, Brentwood, Essex, CM142
£1,60012/240.45 miThe Galleries, Warley, Brentwood2
£1,50012/240.45 miHigh Street, Brentwood, CM14 4RX2

Local Area Statistics

Population in CM14

19,442

Population in Brentwood

67,434

Town centre distance

1.15 miles away

Nearest school

0.30 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Listed for £240,000

September 23, 2024

Sold for £235,000

2007

Floor Plans

Description

  • 2 bedroom first floor flat +
  • For sale by Modern Auction - T & C's apply +
  • Subject to an undisclosed Reserve Price +
  • Buyer's fees apply +
  • En-suite shower room to bedroom 1 +
  • Allocated parking +

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property your information will be shared with the Auctioneer, iamsold. This fantastic first floor apartment with en-suite shower room and allocated parking is ideal for first time buyers or those looking for an investment!

Room sizes:

  • Hallway
  • Lounge: 12'6 x 10'6 (3.81m x 3.20m)
  • Kitchen: 8'9 x 8'9 (2.67m x 2.67m)
  • Bedroom 1: 11'4 x 10'6 (3.46m x 3.20m)
  • En-Suite Shower Room
  • Bedroom 2: 10'0 x 8'9 (3.05m x 2.67m)
  • Balcony
  • Allocated Parking
  • Communal Garden  

    The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
     
    We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Douglas Allen, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
    _

Agent Details

Douglas Allen, Covering Brentwood

01277 674554

Next Steps?

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