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

Gresham Road, Brentwood, CM14 4HW - 2 views - 7 months ago

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

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£296,612
BMV24%

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 - £3,300

Rent Estimate

£1,350

Running Costs/mo

£1,040

Cashflow/mo

£310

Cashflow/yr

£3,720

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £115K to £465K, average is £275K. £1.9K/m² to £7K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£363.5K12/220.13 mi73, Kings Road, Brentwood, Essex CM14 4DP2
£290K06/230.15 mi11, Railway Square, Brentwood, Essex CM14 4LN2
£237.5K09/210.15 mi18, Railway Square, Brentwood, Essex CM14 4LN2
£372.5K05/210.15 mi4, Kings Chase, Brentwood, Essex CM14 4LE2
£345K12/200.16 mi42b, Coptfold Road, Brentwood, Essex CM14 4BL2
£349.8K06/210.2 mi44, Westbury Road, Brentwood, Essex CM14 4JR2
£425K03/230.2 miFlat 11, Coptfold House, New Road, Brentwood, Essex CM14 4FW2
£310K06/230.21 mi38, Myrtle Road, Warley, Brentwood, Essex CM14 5EG2
£210K11/200.22 miFlat 18, Cawdor House, Cameron Close, Warley, Brentwood, Essex CM14 5BZ2
£250K08/210.23 miFlat 4, Forres House, Cameron Close, Warley, Brentwood, Essex CM14 5BS2
£245K08/210.25 miFlat 35, The Square, Chatham Way, Brentwood, Essex CM14 4AL2
£311.5K05/230.25 miFlat 6, The Square, Chatham Way, Brentwood, Essex CM14 4AL2
£365K11/200.26 mi40, Wharf Road, Brentwood, Essex CM14 4LQ2
£280K06/210.29 miFlat 4, Cromarty House, Mount Crescent, Warley, Brentwood, Essex CM14 5DA2
£232.5K09/210.31 miFlat 4, Stone Yard, Western Gardens, Brentwood, Essex CM14 4RE2
£300K01/230.32 miFlat 23, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£310K01/230.32 miFlat 24, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£290K01/210.32 miFlat 24, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£305K05/210.32 miFlat 32, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£210K03/210.46 mi84, Cromwell Road, Warley, Brentwood, Essex CM14 5DZ2
£270K03/210.48 mi18a, Hampden Crescent, Warley, Brentwood, Essex CM14 5BD2
£172.5K01/210.49 miFlat 4, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£340K05/210.49 mi201, Crescent Road, Warley, Brentwood, Essex CM14 5JB2
£165K12/200.49 miFlat 29, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£240K03/230.5 miFlat 8, Grove House, Firsgrove Crescent, Warley, Brentwood, Essex CM14 5JS2
£250K02/210.5 miFlat 2, Marlborough House, Firsgrove Crescent, Brentwood, Essex CM14 5TF2
£197K05/210.53 miFlat 9, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£115K05/230.53 miFlat 24, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£275K04/210.55 mi116b, Woodman Road, Warley, Brentwood, Essex CM14 5AL2
£260K03/210.58 mi32, Mayfield Gardens, Brentwood, Essex CM14 4UJ2
£321K06/230.58 mi14, Mayfield Gardens, Brentwood, Essex CM14 4UJ2
£335K04/210.58 mi15, Osborne Heights, Warley, Brentwood, Essex CM14 5UZ2
£325K12/220.61 miFlat 4, Burgess Court, Burland Road, Brentwood, Essex CM15 9BL2
£258K09/210.62 mi13, Pompadour Close, Warley, Brentwood, Essex CM14 5LB2
£275K12/200.63 miFlat 14, Burgess Court, Burland Road, Brentwood, Essex CM15 9BL2
£440K06/210.72 miFlat 28, Fisher Court, Rhapsody Crescent, Warley, Brentwood, Essex CM14 5GE2
£465K11/200.72 miFlat 12, Fisher Court, Rhapsody Crescent, Warley, Brentwood, Essex CM14 5GE2
£400K06/230.73 miFlat 17, Myers Court, The Galleries, Warley, Brentwood, Essex CM14 5GG2
£270K11/200.82 mi152, Hawthorn Avenue, Brentwood, Essex CM13 2EQ2
£238K07/230.82 mi91, Hawthorn Avenue, Brentwood, Essex CM13 2EG2
£225K01/210.82 mi73, Hawthorn Avenue, Brentwood, Essex CM13 2EG2
£180K12/220.84 mi116, Orchard Avenue, Brentwood, Essex CM13 2DP2
£270K09/220.87 mi14, Lime Avenue, Brentwood, Essex CM13 2DU2
£267.5K02/210.88 mi100, Hawthorn Avenue, Brentwood, Essex CM13 2EQ2
£270K11/220.91 mi21, Rowan Green East, Brentwood, Essex CM13 2ED2
£275K02/230.92 mi16, The Courtyard, Brentwood, Essex CM15 9AF2
£247.5K05/210.93 mi2, Oaktree Close, Brentwood, Essex CM13 2EF2
£315K05/230.93 mi71, Shevon Way, Brentwood, Essex CM14 4PL2
£272.5K11/210.93 mi95, Shevon Way, Brentwood, Essex CM14 4PL2
£315K09/220.94 mi43, Hammonds Lane, Great Warley, Brentwood, Essex CM13 3AH2

Local Rents

51 rents from £1.3K/mo to £3.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50004/250.05 mi-2
£1,95001/250.05 mi-2
£1,50004/250.06 mi-2
£1,50004/250.06 mi-2
£1,40011/240.07 mi-2
£1,80012/240.07 miRose Valley, Brentwood, Essex, CM142
£1,45003/240.08 mi-2
£1,45003/240.08 mi-2
£1,25002/240.1 mi-2
£1,40001/250.13 mi-2
£1,60012/240.16 miCrown Street, Brentwood2
£1,90012/240.17 miBrentwood Station2
£1,80011/230.17 mi-2
£1,89512/240.17 miLunar House, St. James Road, Brentwood2
£1,40003/250.2 mi-2
£1,72512/240.21 miChase Road, Brentwood, Essex, CM142
£1,60012/240.21 miMyrtle Road, Brentwood, Essex, CM142
£1,70012/240.22 mi-2
£1,69504/250.22 mi-2
£1,40012/240.22 mi-2
£1,50012/240.22 miBecket House, New Road, CM142
£1,39512/240.23 miCrown Street, Brentwood, Essex, CM142
£1,65012/240.24 mi-2
£1,65012/240.24 miSouth Street, Brentwood, CM142
£1,40004/250.25 mi-2
£1,30001/240.25 mi-2
£1,55012/240.27 miEastfield Road, Brentwood, Essex, CM142
£1,95012/240.27 mi-2
£1,50012/240.29 miHigh Street, Brentwood, CM14 4RX2
£1,50012/240.29 miHigh Street, Brentwood, CM14 4RX2
£1,85012/240.29 miSt. Thomas Road, CM142
£1,50012/240.31 miElias House, Brentwood2
£1,59501/240.31 mi-2
£1,60001/240.32 mi-2
£1,50012/240.32 miRollason Way, Brentwood, Essex, CM142
£1,80012/240.33 miRoyal Oak House, High St, Brentwood2
£1,85012/240.33 miHalcyon Place, Brentwood, Essex, CM142
£1,41512/240.36 mi-2
£1,60012/240.36 miRollason Way, Brentwood, CM142
£1,60012/240.36 mi-2
£1,50012/240.36 miAdlington House, Rollason Way, CM142
£1,50012/240.37 miThe Base - Brentwood2
£3,30012/240.38 mi-2
£1,80012/240.38 mi-2
£1,90002/250.38 mi-2
£1,65012/240.38 miWilkinson Court, Rollason Way, CM142
£1,55001/250.38 mi-2
£1,55001/250.38 mi-2
£2,30012/240.39 miIngrave House, Ingrave Road, CM152
£1,55012/240.39 miNorth Road Avenue, Brentwood, CM142
£1,85004/250.39 mi-2

Local Area Statistics

Population in CM14

19,442

Population in Brentwood

67,434

Town centre distance

0.88 miles away

Nearest school

0.20 miles away

Nearest train station

0.19 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

October 7, 2024

Floor Plans

Description

  • TWO BEDROOMS +
  • TOP FLOOR APARTMENT +
  • GARAGE EN-BLOC +
  • 0.5 MILES TO BRENTWOOD`S VIBRANT HIGH STREET +
  • 0.2 MILES TO BRENTWOOD'S STATION +
  • COMMUNAL GARDEN +

SUMMARY
Two bedroom top floor apartment located within easy reach of Brentwood Mainline Railway Station with its links to London Liverpool Street and Elizabeth Line.

DESCRIPTION
Located within easy reach of Brentwood Mainline Railway Station with its links to London Liverpool Street and Elizabeth Line. Top floor two bedroom apartment. The internal accommodation comprises entrance hall, large lounge/diner, fitted kitchen, two bedrooms, white bathroom suite and also benefits from its own personal garage.

Main Entrance 

Lounge/Dining Room 15' 1" x 11' 3" ( 4.60m x 3.43m )

Kitchen 8' 8" x 6' 3" ( 2.64m x 1.91m )

Bedroom One 14' 6" x 7' 11" ( 4.42m x 2.41m )

Bedroom Two 10' 3" x 5' 11" ( 3.12m x 1.80m )

We currently hold lease details as displayed above, should you require 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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