2 Bed Flat, Single Let, Brentwood, CM14 4AZ, £230,000

Crown Street, Brentwood, CM14 4AZ - 11 views - 6 months ago

Leasehold
BTL
ROI: 8%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£80K - £465K
Sold Prices/m²£1K/m² - £7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.4K/m²

Value Estimate

£282,900
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£1,095 - £3,300

Rent Estimate

£1,500

Running Costs/mo

£1,039

Cashflow/mo

£461

Cashflow/yr

£5,535

ROI

8%

Gross Yield

8%

Local Sold Prices

51 sold prices from £80K to £465K, average is £275K. £1K/m² to £7K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£245K08/210.1 miFlat 35, The Square, Chatham Way, Brentwood, Essex CM14 4AL2
£311.5K05/230.1 miFlat 6, The Square, Chatham Way, Brentwood, Essex CM14 4AL2
£345K12/200.1 mi42b, Coptfold Road, Brentwood, Essex CM14 4BL2
£425K03/230.11 miFlat 11, Coptfold House, New Road, Brentwood, Essex CM14 4FW2
£232.5K09/210.13 miFlat 4, Stone Yard, Western Gardens, Brentwood, Essex CM14 4RE2
£349.8K06/210.14 mi44, Westbury Road, Brentwood, Essex CM14 4JR2
£363.5K12/220.17 mi73, Kings Road, Brentwood, Essex CM14 4DP2
£372.5K05/210.22 mi4, Kings Chase, Brentwood, Essex CM14 4LE2
£237.5K09/210.3 mi18, Railway Square, Brentwood, Essex CM14 4LN2
£290K06/230.3 mi11, Railway Square, Brentwood, Essex CM14 4LN2
£330K10/200.32 mi72, Park Road, Brentwood, Essex CM14 4TU2
£260K03/210.35 mi32, Mayfield Gardens, Brentwood, Essex CM14 4UJ2
£321K06/230.35 mi14, Mayfield Gardens, Brentwood, Essex CM14 4UJ2
£365K11/200.37 mi40, Wharf Road, Brentwood, Essex CM14 4LQ2
£325K12/220.41 miFlat 4, Burgess Court, Burland Road, Brentwood, Essex CM15 9BL2
£290K01/210.42 miFlat 24, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£305K05/210.42 miFlat 32, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£275K12/200.43 miFlat 14, Burgess Court, Burland Road, Brentwood, Essex CM15 9BL2
£310K01/230.43 miFlat 24, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£300K01/230.43 miFlat 23, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£310K06/230.43 mi38, Myrtle Road, Warley, Brentwood, Essex CM14 5EG2
£210K11/200.45 miFlat 18, Cawdor House, Cameron Close, Warley, Brentwood, Essex CM14 5BZ2
£250K08/210.45 miFlat 4, Forres House, Cameron Close, Warley, Brentwood, Essex CM14 5BS2
£280K06/210.51 miFlat 4, Cromarty House, Mount Crescent, Warley, Brentwood, Essex CM14 5DA2
£80K10/200.53 miFlat 7, Merrymeade House, Merrymeade Chase, Brentwood, Essex CM15 9FE2
£80K10/200.53 miFlat 7, Merrymeade House, Merrymeade Chase, Brentwood, Essex CM15 9FE2
£210K03/210.58 mi84, Cromwell Road, Warley, Brentwood, Essex CM14 5DZ2
£340K05/210.62 mi201, Crescent Road, Warley, Brentwood, Essex CM14 5JB2
£250K02/210.67 miFlat 2, Marlborough House, Firsgrove Crescent, Brentwood, Essex CM14 5TF2
£240K03/230.67 miFlat 8, Grove House, Firsgrove Crescent, Warley, Brentwood, Essex CM14 5JS2
£172.5K01/210.7 miFlat 4, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£270K03/210.7 mi18a, Hampden Crescent, Warley, Brentwood, Essex CM14 5BD2
£275K02/230.7 mi16, The Courtyard, Brentwood, Essex CM15 9AF2
£165K12/200.7 miFlat 29, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£197K05/210.74 miFlat 9, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£115K05/230.74 miFlat 24, Beech Spinney, Lorne Road, Warley, Brentwood, Essex CM14 5HH2
£335K04/210.75 mi15, Osborne Heights, Warley, Brentwood, Essex CM14 5UZ2
£275K04/210.76 mi116b, Woodman Road, Warley, Brentwood, Essex CM14 5AL2
£287.5K08/220.82 mi94, Doddinghurst Road, Brentwood, Essex CM15 9EU2
£270K06/230.82 mi104a, Doddinghurst Road, Brentwood, Essex CM15 9EU2
£258K09/210.84 mi13, Pompadour Close, Warley, Brentwood, Essex CM14 5LB2
£465K11/200.87 miFlat 12, Fisher Court, Rhapsody Crescent, Warley, Brentwood, Essex CM14 5GE2
£440K06/210.87 miFlat 28, Fisher Court, Rhapsody Crescent, Warley, Brentwood, Essex CM14 5GE2
£250K04/210.88 mi18, Hurstwood Avenue, Pilgrims Hatch, Brentwood, Essex CM15 9HT2
£233.5K01/230.89 mi26, Hurstwood Avenue, Pilgrims Hatch, Brentwood, Essex CM15 9HT2
£320K11/220.89 mi16, Hurstwood Avenue, Pilgrims Hatch, Brentwood, Essex CM15 9HT2
£180K12/220.9 mi116, Orchard Avenue, Brentwood, Essex CM13 2DP2
£225K01/210.92 mi73, Hawthorn Avenue, Brentwood, Essex CM13 2EG2
£238K07/230.92 mi91, Hawthorn Avenue, Brentwood, Essex CM13 2EG2
£270K11/200.92 mi152, Hawthorn Avenue, Brentwood, Essex CM13 2EQ2
£400K06/230.93 miFlat 17, Myers Court, The Galleries, Warley, Brentwood, Essex CM14 5GG2

Local Rents

51 rents from £1.1K/mo to £3.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,39512/240 miCrown Street, Brentwood, Essex, CM142
£1,65012/240.03 mi-2
£1,65012/240.03 miSouth Street, Brentwood, CM142
£1,60012/240.07 miCrown Street, Brentwood2
£1,50012/240.07 miBecket House, New Road, CM142
£1,50012/240.08 miHigh Street, Brentwood, CM14 4RX2
£1,50012/240.08 miHigh Street, Brentwood, CM14 4RX2
£1,40001/250.1 mi-2
£1,59501/240.12 mi-2
£1,80012/240.13 miRoyal Oak House, High St, Brentwood2
£1,50003/250.16 mi-2
£1,55012/240.17 miNorth Road Avenue, Brentwood, CM142
£1,40011/240.19 mi-2
£1,95001/250.19 mi-2
£1,45003/240.2 mi-2
£1,45003/240.2 mi-2
£3,30012/240.2 mi-2
£1,80012/240.2 mi-2
£1,90002/250.2 mi-2
£1,97503/250.21 mi-2
£1,85012/240.21 miSt. Thomas Road, CM142
£1,50003/250.21 mi-2
£2,50002/250.22 mi-2
£1,95003/250.23 mi-2
£1,35012/240.24 miBardeswell Close, CM142
£2,30012/240.24 miIngrave House, Ingrave Road, CM152
£1,55012/240.26 miEastfield Road, Brentwood, Essex, CM142
£1,50012/240.27 miCentral Brentwood2
£1,60001/240.27 mi-2
£1,37512/240.28 miOngar Road, Brentwood, Essex, CM152
£1,80011/230.29 mi-2
£1,50012/240.29 miElias House, Brentwood2
£1,80012/240.29 miRose Valley, Brentwood, Essex, CM142
£1,85012/240.29 miHalcyon Place, Brentwood, Essex, CM142
£1,70012/240.29 mi-2
£1,10012/240.32 miCentral Brentwood2
£1,25002/240.33 mi-2
£1,77512/240.33 mi-2
£1,72512/240.33 miChase Road, Brentwood, Essex, CM142
£1,09501/250.33 mi-2
£1,90012/240.34 miBrentwood Station2
£1,89512/240.36 miLunar House, St. James Road, Brentwood2
£1,50012/240.41 miSycamore Drive, Brentwood, Essex, CM142
£1,40001/240.41 mi-2
£1,50012/240.42 miRollason Way, Brentwood, Essex, CM142
£1,30001/240.42 mi-2
£1,40003/250.43 mi-2
£1,41512/240.43 mi-2
£1,60011/240.43 mi-2
£1,60012/240.43 miRollason Way, Brentwood, CM142
£1,60012/240.43 mi-2

Local Area Statistics

Population in CM14

19,442

Population in Brentwood

67,434

Town centre distance

0.73 miles away

Nearest school

0.20 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Listed for £230,000

October 13, 2024

Floor Plans

Description

GUIDE PRICE £230,000 - £250,000 Keith Ashton Estates are delighted to offer for sale this spacious two bedroom apartment located in the heart of Brentwood's town centre and is therefore perfectly positioned also for Brentwood's Mainline Station with the new Elizabeth line. Simply step from the communal entrance door and within just a few yards you are right in the centre of town.

Situated on an upper level, there is a view across town centre rooftops, from a very impressive sitting room, with paned full-width windows to two aspects. The remainder of the accommodation comprises of two double bedrooms served by a modern bathroom, in addition to a modern Beech-style kitchen, with enough space for a small table and chairs.

Given the location, we feel this makes an ideal purchase for any commuter, or perhaps an investor on a buy-to let basis. The vendor informed us the apartment was achieving £1500 per month on its last rental. NO ONWARD CHAIN

Hall -

Living Room - 5.13m x 3.25m (16'10 x 10'8) -

Kitchen - 4.14m x 2.67m (13'7 x 8'9) -

Bedroom 1 - 3.78m x 3.07m (12'5 x 10'1) -

Bedroom 2 - 3.96m x 2.36m (13' x 7'9) -

Bathroom - 2.31m x 1.78m (7'7 x 5'10) -

Agent Details

Keith Ashton, Brentwood

01277 674388

Next Steps?

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