2 Bed Flat, Single Let, Brentwood, CM14 4NS, £275,000
London Road, Brentwood, CM14 4NS - 3 views - 6 months ago
Sold STC
BTL
ROI: 5%
~68 m²





+14 photos
ValuationUndervalued
Sold Prices | £115K - £465K |
Sold Prices/m² | £1.9K/m² - £7K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £4K/m² |
Value Estimate | £301,491 |
BMV | 10% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £68,750 |
Stamp Duty & Legal Fees | £10,700 |
Total Cash In | £79,450 |
| |
Cash Out | |
Rent Range | £1,400 - £2,250 |
Rent Estimate | £1,503 |
Running Costs/mo | £1,180 |
Cashflow/mo | £323 |
Cashflow/yr | £3,876 |
ROI | 5% |
Gross Yield | 7% |
Local Sold Prices
36 sold prices from £115K to £465K, average is £300K. £1.9K/m² to £7K/m², average is £4.4K/m².
Local Rents
11 rents from £1.4K/mo to £2.3K/mo, average is £1.6K/mo.
Local Area Statistics
Population in CM14 | 19,442 |
Population in Brentwood | 67,434 |
Town centre distance | 1.78 miles away |
Nearest school | 0.50 miles away |
Nearest train station | 0.96 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +2% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +4% |
Property History
Listed for £275,000
October 28, 2024
Floor Plans

Description
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