4 Bed Semi-Detached House, Refurb/BRRR, EN10 7JH, £650,000

Mckenzie Road, Broxbourne, EN10 7JH - 2 months ago

Refurb/BRRR
~129 m²
+11 photos

ValuationFair Value

Sold Prices£410K - £1.1M
Sold Prices/m²£1.9K/m² - £9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5K/m²

Value Estimate

£641,463

 

 

End Value (After Refurb)

£658,647

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£40,700

Refurb Costs

£64,490

Bridging Loan Interest

£17,063

Total Cash In

£286,502

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£658,647

Mortgage (After Refinance)

£493,985

Mortgage LTV

75%

Cash Released

£6,485

Cash Left In

£280,017

Equity

£164,662

Rent Range

£1,500 - £5,000

Rent Estimate

£2,576

Running Costs/mo

£2,593

Cashflow/mo

£-17

Cashflow/yr

£-210

Gross Yield

5%

Local Sold Prices

50 sold prices from £410K to £1.1M, average is £700K. £1.9K/m² to £9K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£692K06/210.05 mi22, Grosvenor Road, Broxbourne, Hertfordshire EN10 7JG4
£722.5K01/210.07 mi44, Station Road, Broxbourne, Hertfordshire EN10 7AH4
£628K10/200.07 mi30, Station Road, Broxbourne, Hertfordshire EN10 7AD4
£750K11/220.11 mi24, St Michaels Road, Broxbourne, Hertfordshire EN10 7JN4
£770K08/200.12 mi10, St Michaels Road, Broxbourne, Hertfordshire EN10 7JL4
£475K11/200.13 mi10, Church View, Broxbourne, Hertfordshire EN10 7AB4
£750K10/200.16 mi22, Stafford Drive, Broxbourne, Hertfordshire EN10 7JT4
£857K03/210.17 mi16, New Road, Broxbourne, Hertfordshire EN10 7LW4
£632.5K04/210.18 mi6, Monks Close, Broxbourne, Hertfordshire EN10 7JY4
£595K12/200.23 mi43, St Augustines Drive, Broxbourne, Hertfordshire EN10 7NA4
£650K11/220.24 mi10, Ivybridge, Broxbourne, Hertfordshire EN10 7LH4
£732K06/220.25 mi6, Ivybridge, Broxbourne, Hertfordshire EN10 7LH4
£1.1M05/230.26 mi14, Springfields, Broxbourne, Hertfordshire EN10 7LX4
£860K02/230.26 mi1a, Grenville Avenue, Broxbourne, Hertfordshire EN10 7DH4
£610K05/230.26 mi13, Grenville Avenue, Broxbourne, Hertfordshire EN10 7DH4
£760K06/210.27 mi17, Bassingbourne Close, Broxbourne, Hertfordshire EN10 7PW4
£699.5K04/210.29 mi15, St Davids Drive, Broxbourne, Hertfordshire EN10 7LS4
£667.5K05/210.29 mi17, St Davids Drive, Broxbourne, Hertfordshire EN10 7LS4
£699.5K04/210.29 mi15, St Davids Drive, Broxbourne, Hertfordshire EN10 7LS4
£642K11/200.31 mi5, Christie Close, Broxbourne, Hertfordshire EN10 7RB4
£675K03/210.31 mi8, Christie Close, Broxbourne, Hertfordshire EN10 7RB4
£805K06/230.31 mi34, Copthorn Avenue, Broxbourne, Hertfordshire EN10 7RA4
£760K07/220.33 mi8, Borrell Close, Broxbourne, Hertfordshire EN10 7RD4
£675K05/230.33 mi2, Borrell Close, Broxbourne, Hertfordshire EN10 7RD4
£867.5K07/220.35 mi8, Badminton Place, Broxbourne, Hertfordshire EN10 7PA4
£752.5K02/230.36 mi20, Graham Avenue, Broxbourne, Hertfordshire EN10 7DP4
£700K08/200.36 mi18, Glenwood, Broxbourne, Hertfordshire EN10 7LP4
£440K06/210.37 mi16, Baas Lane, Broxbourne, Hertfordshire EN10 7EH4
£410K11/200.37 mi75, Meadway, Hoddesdon, Hertfordshire EN11 8AS4
£680K03/230.38 mi4, Ashbourne Road, Broxbourne, Hertfordshire EN10 7DF4
£700K10/220.39 mi31, Graham Avenue, Broxbourne, Hertfordshire EN10 7DS4
£610K06/210.4 mi60, Graham Avenue, Broxbourne, Hertfordshire EN10 7DU4
£800K06/210.4 mi4, Sutton Close, Broxbourne, Hertfordshire EN10 7NY4
£575K11/200.43 mi62, Meadway, Hoddesdon, Hertfordshire EN11 8AT4
£642.5K12/200.43 miBroc House, Park Lane, Broxbourne, Hertfordshire EN10 7PG4
£640K07/200.45 mi6, Roslyn Close, Broxbourne, Hertfordshire EN10 7DA4
£760K05/230.45 mi7, Beverley Close, Broxbourne, Hertfordshire EN10 7HF4
£875K07/220.46 mi3, Sheredes Drive, Hoddesdon, Hertfordshire EN11 8LH4
£900K08/220.46 mi16, Woodstock Road, Broxbourne, Hertfordshire EN10 7NX4
£800K02/210.46 mi14, Woodstock Road, Broxbourne, Hertfordshire EN10 7NX4
£920K10/220.47 mi44, Baas Lane, Broxbourne, Hertfordshire EN10 7EJ4
£665K12/200.47 mi33, Bell Lane, Broxbourne, Hertfordshire EN10 7HG4
£595K02/210.47 mi37, Bell Lane, Broxbourne, Hertfordshire EN10 7HG4
£625K10/220.47 mi39, Bell Lane, Broxbourne, Hertfordshire EN10 7HG4
£723.5K06/210.51 mi8, Sheredes Drive, Hoddesdon, Hertfordshire EN11 8LJ4
£695K01/210.52 mi76, Bell Lane, Broxbourne, Hertfordshire EN10 7HA4
£860K09/200.52 mi61, Woodstock Road, Broxbourne, Hertfordshire EN10 7PB4
£782.5K08/200.52 mi41, Woodstock Road, Broxbourne, Hertfordshire EN10 7PB4
£1.1M06/210.53 miThe Lodge, Yewlands, Hoddesdon, Hertfordshire EN11 8BT4
£830K05/230.55 mi3, Sheridan Walk, Broxbourne, Hertfordshire EN10 7TH4

Local Rents

23 rents from £1.5K/mo to £5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£1,50010/240.17 mi-3
£2,90004/240.29 miMandeville Close, Broxbourne4
£3,00007/240.32 mi-4
£2,85004/240.33 miAshbourne Road, Broxbourne5
£5,00004/240.34 miWest Dene St. Catherines Road, Broxbourne, EN105
£3,50004/240.36 miBroxbourne, EN10 7LP5
£2,90004/240.46 miWoodstock Road, Broxbourne4
£2,00004/240.49 miBell Lane, Broxbourne3
£2,85003/240.59 miThe Scholars, Broxbourne4
£1,95004/240.62 miWoolmans Close, Broxbourne3
£2,25003/240.67 miRiversmead, Hoddesdon4
£3,20012/240.68 miAnderson close, Broxbourne4
£3,00004/240.74 miBriarley Close, Broxbourne5
£1,95003/240.84 miClyfton Close, Broxbourne3
£1,95003/240.86 miBerners Way, Broxbourne4
£2,10004/240.96 miBuryholme, Broxbourne4
£2,25004/240.97 miNew River Gardens, Broxbourne3
£2,75004/240.98 miBroxbourne, EN104
£1,90012/241.05 mi-3
£2,50012/241.06 miAvenue Road, Dobbs Weir3
£2,50012/241.11 mi-3
£2,09504/241.14 miOrchard Square, Broxbourne, EN104
£2,10003/241.14 miOrchard Square, BROXBOURNE4

Local Area Statistics

Population in EN10

17,201

Nearest school

0.40 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-14%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Listed for £650,000

November 4, 2024

Floor Plans

Description

  • Five bedrooms +

  • Chain free +

  • Garage +

  • Lovely rear garden which is secluded +

  • Fantastic opportunity to put your mark on a home +

  • Close to Broxbourne school +

  • Two reception rooms +

SUMMARY
William H Brown have great pleasure in bringing to the market this spacious and chain free extended five bedroom semi-detached family home situated on one of Broxbournes most premium roads. An early viewing is a must!

DESCRIPTION
William H Brown have great pleasure in bringing to the market this spacious and chain free extended five bedroom semi-detached family home situated on one of Broxbournes most premium roads. The property does require modernisation but it does offers substantial and spacious living accommodation throughout in the form of a kitchen, a living room, a dining room, conservatory, five bedrooms, a family bathroom and a downstairs wc. Externally the property boasts a garage to the rear and a lovely mature and secluded rear garden which has been really well maintained. Within a stones throw is Broxbourne train station, living here also puts you within close proximity to highly regarded schools including The Broxbourne school and several primary schools, excellent local shops and also a lovely park to enjoy. An early viewing is a must!

Accommodation Comprises Of: 

Entrance Porch  
Double glazed window to side aspect, tiled floor.

Entrance Hall  
Two double glazed windows to side aspect, radiator, three storage cupboards.

Lounge  15' 4" Max into bay window x 12' ( 4.67m Max into bay window x 3.66m )
Double glazed window to front aspect, radiator.

Dining Room 11' 11" max x 11' 7" max ( 3.63m max x 3.53m max )
Radiator.

Kitchen  9' 1" x 8' ( 2.77m x 2.44m )
Double glazed window to side aspect, part tiled walls, vinyl floor, a range of wall and base unit with complimenting worktops, space for cooker, plumbing for washing machine.

Conservatory 13' 8" x 6' 7" ( 4.17m x 2.01m )
Laminate floor

Bedroom 1  15' 11" max x 11' 3" max ( 4.85m max x 3.43m max )
Double glazed window to front aspect, fitted wardrobe, radiator.

Bedroom 2  12' 2" max x 11' 3" max ( 3.71m max x 3.43m max )
Double glazed window to rear aspect, radiator, fitted wardrobe.

Bedroom 3 8' 2" max x 7' 6" max ( 2.49m max x 2.29m max )
Double glazed window to front aspect, radiator.

Bedroom 4  9' 10" x 7' 10" ( 3.00m x 2.39m )
Double glazed window to rear aspect, radiator, laminate floor, storage cupboard.

Bedroom 5  9' 10" x 7' 3" ( 3.00m x 2.21m )
Double glazed window to front aspect, radiator, laminate floor.

Bathroom  
Double glazed window to rear aspect, paneled bath, wash hand basin, storage cupboard, radiator, tiled walls.

Wc 
Double glazed window to side aspect, wc, part tiled walls.

Exterior  

Rear Garden 
To the rear to the property is a side access, lawn area, patio area, shed, summer house, pond, garage.

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, Broxbourne

01992 662137

Next Steps?

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