2 Bed Flat, Single Let, Brentwood, CM15 8JD, £225,000

184 Hutton Road, Shenfield, Essex, CM15 8NR - 6 months ago

Leasehold

BTL

ROI: 7%

~51 m²

+4 photos

ValuationUndervalued

Sold Prices	£212.5K - £1.1M
Sold Prices/m²	£3.7K/m² - £9.7K/m²

Square Metres	~51.12 m²
Price/m²	£4.4K/m²
Value Estimate	£252,099£252,099
BMV	12%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£56,250£56,250
Stamp Duty & Legal Fees	£14,450£14,450
Total Cash In	£70,700£70,700

Cash Out
Rent Range	£1,100 - £2,500£1,100 - £2,500
Rent Estimate	£1,395
Running Costs/mo	£1,002£1,002
Cashflow/mo	£393£393
Cashflow/yr	£4,715£4,715
ROI	7%7%
Gross Yield	7%7%

Local Sold Prices

29 sold prices from £212.5K to £1.1M, average is £295K. £3.7K/m² to £9.7K/m², average is £5.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£270K	03/23	0 mi	79a, Hutton Road, Shenfield, Brentwood, Essex CM15 8JD	£4,054	67	2	Flat
£212.5K	06/23	0 mi	83a, Hutton Road, Shenfield, Brentwood, Essex CM15 8JD	£3,664	58	2	Flat
£335K	07/23	0.09 mi	19, Hunter Avenue, Shenfield, Brentwood, Essex CM15 8PE	-	-	2	Flat
£750K	06/21	0.12 mi	2, Margaret Avenue, Shenfield, Brentwood, Essex CM15 8RF	£9,740	77	2	Flat
£825K	03/23	0.15 mi	Flat 14, Clune Court, Hutton Road, Shenfield, Brentwood, Essex CM15 8NQ	-	-	2	Flat
£830K	11/20	0.19 mi	32, Herington Grove, Hutton, Brentwood, Essex CM13 2NW	£8,300	100	2	Flat
£395K	10/22	0.19 mi	Flat 6, Mistleigh Court, Shorter Avenue, Shenfield, Brentwood, Essex CM15 8RA	-	-	2	Flat
£266K	12/22	0.23 mi	Flat 1, Sheldon Court, Rayleigh Road, Hutton, Brentwood, Essex CM13 1AF	-	-	2	Flat
£318K	05/23	0.25 mi	Flat 18, Ardleigh Court, Hutton Road, Shenfield, Brentwood, Essex CM15 8LZ	-	-	2	Flat
£281.5K	01/21	0.26 mi	Flat 49, Ardleigh Court, Hutton Road, Shenfield, Brentwood, Essex CM15 8NA	-	-	2	Flat
£350K	04/21	0.28 mi	Flat 4, Maple House, Chelmsford Road, Shenfield, Brentwood, Essex CM15 8RQ	-	-	2	Flat
£1.1M	12/20	0.28 mi	278, Priests Lane, Shenfield, Brentwood, Essex CM15 8LD	£7,667	150	2	Flat
£295K	04/21	0.31 mi	3b, Hutton Road, Shenfield, Brentwood, Essex CM15 8LA	£5,566	53	2	Flat
£310K	10/22	0.31 mi	26a, Gordon Road, Shenfield, Brentwood, Essex CM15 8LR	£4,627	67	2	Flat
£294.5K	11/21	0.31 mi	14, Alexander Lane, Hutton, Brentwood, Essex CM13 1AG	£5,557	53	2	Flat
£294.5K	11/21	0.31 mi	14, Alexander Lane, Hutton, Brentwood, Essex CM13 1AG	£5,557	53	2	Flat
£294.5K	11/21	0.31 mi	14, Alexander Lane, Hutton, Brentwood, Essex CM13 1AG	£5,557	53	2	Flat
£315K	02/21	0.36 mi	7, Tabors Court, Shenfield, Brentwood, Essex CM15 8JF	£4,922	64	2	Flat
£360K	11/22	0.5 mi	Flat 20, Booths Court, Poplar Drive, Hutton, Brentwood, Essex CM13 1YY	-	-	2	Flat
£360K	06/23	0.51 mi	Flat 5, Booths Court, Poplar Drive, Hutton, Brentwood, Essex CM13 1YY	£4,932	73	2	Flat
£360K	04/23	0.51 mi	Flat 14, Booths Court, Poplar Drive, Hutton, Brentwood, Essex CM13 1YY	-	-	2	Flat
£365K	09/22	0.62 mi	48, Princes Way, Hutton, Brentwood, Essex CM13 2JW	£5,455	67	2	Flat
£295K	09/21	0.62 mi	Flat 18, Bradwell Court, Bradwell Green, Hutton, Brentwood, Essex CM13 1YR	-	-	2	Flat
£220K	10/21	0.87 mi	138, Whittington Road, Hutton, Brentwood, Essex CM13 1JZ	£3,929	56	2	Flat
£230K	02/21	0.91 mi	19, Colet Road, Hutton, Brentwood, Essex CM13 1LD	£3,966	58	2	Flat
£240K	08/21	0.96 mi	Flat 1, Trienna Court, Wendover Gardens, Brentwood, Essex CM13 2HD	-	-	2	Flat
£227K	07/21	0.98 mi	Flat 2, Warwick Court, Wendover Gardens, Brentwood, Essex CM13 2JB	-	-	2	Flat
£227K	07/21	0.98 mi	Flat 2, Warwick Court, Wendover Gardens, Brentwood, Essex CM13 2JB	-	-	2	Flat
£227K	07/21	0.98 mi	Flat 2, Warwick Court, Wendover Gardens, Brentwood, Essex CM13 2JB	-	-	2	Flat

Local Rents

26 rents from £1.1K/mo to £2.5K/mo, average is £1.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,500	12/24	0 mi	Hutton Road, Shenfield, CM15	2	Flat
£1,650	12/24	0.06 mi	Hutton Road, Brentwood, Essex, CM15	2	Flat
£1,450	12/24	0.08 mi	Hutton Road, Shenfield, Brentwood, CM15	2	Flat
£1,450	12/24	0.08 mi	-	2	Flat
£1,600	12/24	0.09 mi	-	2	Flat
£1,400	02/24	0.1 mi	-	2	Flat
£1,500	04/25	0.1 mi	-	2	Flat
£1,400	12/24	0.1 mi	Shenfield, Shenfield, CM15	2	Flat
£1,100	03/25	0.1 mi	-	2	Flat
£1,530	04/25	0.12 mi	-	2	Flat
£1,395	12/24	0.25 mi	Hutton Road, Shenfield, Brentwood, Essex, CM15	2	Flat
£1,395	12/24	0.25 mi	Hutton Road, Brentwood, Essex, CM15	2	Flat
£1,395	12/24	0.25 mi	HUTTON ROAD, Shenfield, Brentwood, CM15	2	Flat
£2,500	12/24	0.26 mi	Chelmsford Road, Shenfield, Brentwood, CM15	2	Flat
£1,750	12/24	0.27 mi	Chelmsford Road, Shenfield, Brentwood, Essex, CM15	2	Flat
£1,495	12/24	0.27 mi	Hutton Road, Shenfield, Brentwood	2	Flat
£1,400	12/24	0.28 mi	Hutton Road, Brentwood, Essex, CM15	2	Flat
£2,500	12/24	0.28 mi	Chelmsford Road, Shenfield	2	Flat
£2,095	12/24	0.28 mi	Eagle & Child House, Shenfield	2	Flat
£1,400	12/24	0.28 mi	Chelmsford Road, Shenfield, CM15	2	Flat
£2,095	12/24	0.3 mi	Chelmsford Road, Shenfield, Brentwood	2	Flat
£1,495	12/24	0.36 mi	Tabors Court, Shenfield, Essex, CM15	2	Flat
£1,750	12/24	0.46 mi	Priests Lane, Shenfield	2	Flat
£1,550	12/24	0.46 mi	Priests Lane, Brentwood, Essex, CM15	2	Flat
£1,600	12/24	0.51 mi	Poplar Drive, Shenfield, Brentwood,CM13	2	Flat
£1,650	12/24	0.51 mi	Beech House, 67 Rayleigh Road, Hutton, CM13	2	Flat

Local Area Statistics

Population in CM15	23,27723,277
Population in Brentwood	67,43467,434
Town centre distance	0.72 miles away0.72 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.06 miles away0.06 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+29%+29%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+19%+19%

Property History

Price changed to £225,000

February 28, 2025

Listed for £235,000

October 25, 2024

Floor Plans

Description

GREAT INVESTMENT +
Spacious Apartment +
Two Bedrooms +
Top Floor +
First Time Buyers/Investors +
Minutes walk to Shenfield station +

Located right in the heart of Shenfield Broadway and situated within minutes’ walk to Shenfield mainline railway station is this spacious two-bedroom apartment.

Situated in the heart of a vibrant neighbourhood, this upper floor apartment offers a perfect blend of style, convenience, and comfort. Boasting two generously sized bedrooms, this property is ideal for first-time buyers, young professionals, or investors looking for a lucrative rental opportunity.

The apartment features a modern living/dining area, perfect for entertaining guests or relaxing after a long day. The fully equipped kitchen comes with high-quality appliances and ample storage space and the bedrooms are bright and airy, offering a peaceful retreat.

Conveniently located close to local amenities, transport links, and green spaces, this property offers a sought-after lifestyle for those looking to enjoy everything the area has to offer. Don't miss out on the opportunity to make this apartment your new home or investment property. Contact us today to arrange a viewing.
Council Tax Band C.
EPC rating D.

Agent Details

Hilbery Chaplin Residential, Shenfield

01277 674274

Next Steps?

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

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