2 Bed Terraced House, Single Let, Dunmow, CM6 1XW, £300,000

Nursery Rise, Dunmow, CM6 1XW - 6 views - 5 months ago

Sold STC
BTL
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£210K - £485K
Sold Prices/m²£3.8K/m² - £6.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£331,351
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£915 - £1,400

Rent Estimate

£869

Running Costs/mo

£1,131

Cashflow/mo

£-262

Cashflow/yr

£-3,148

Gross Yield

3%

Local Sold Prices

36 sold prices from £210K to £485K, average is £310K. £3.8K/m² to £6.5K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£330K12/220.06 mi31, Ash Grove, Dunmow, Essex CM6 1QY2
£265K02/210.06 mi20, Ash Grove, Dunmow, Essex CM6 1QY2
£295K03/230.06 mi24, Ash Grove, Dunmow, Essex CM6 1QY2
£310K09/210.13 mi13, Flitch Lane, Dunmow, Essex CM6 1EL2
£320K10/210.13 mi5, Flitch Lane, Dunmow, Essex CM6 1EL2
£290K02/210.13 mi3, Flitch Lane, Dunmow, Essex CM6 1EL2
£310K01/210.13 mi15, Flitch Lane, Dunmow, Essex CM6 1EL2
£375K12/220.21 mi16, The Close, Dunmow, Essex CM6 1EW2
£325K10/200.21 mi16, The Close, Dunmow, Essex CM6 1EW2
£360K05/210.21 mi44, The Close, Dunmow, Essex CM6 1EW2
£330K09/210.23 mi49, The Avenue, Dunmow, Essex CM6 1BQ2
£387.5K02/210.23 mi38, The Avenue, Dunmow, Essex CM6 1BQ2
£210K04/210.24 mi106, High Street, Dunmow, Essex CM6 1AP2
£325K03/230.24 mi24, New Street Fields, Dunmow, Essex CM6 1BJ2
£237.5K11/200.24 mi20, New Street Fields, Dunmow, Essex CM6 1BJ2
£300K12/220.24 mi20, New Street Fields, Dunmow, Essex CM6 1BJ2
£220K06/230.24 mi100, High Street, Dunmow, Essex CM6 1AP2
£485K10/220.25 mi5, Oakroyd Avenue, Dunmow, Essex CM6 1HG2
£300K06/210.3 mi20, New Street, Dunmow, Essex CM6 1BH2
£320K05/210.3 mi44, New Street, Dunmow, Essex CM6 1BH2
£289.9K12/220.31 mi48, New Street, Dunmow, Essex CM6 1BH2
£455K03/230.32 miPark Lodge, Braintree Road, Dunmow, Essex CM6 1HS2
£314K12/220.34 mi14, New Street, Dunmow, Essex CM6 1BH2
£445K06/210.38 mi42, High Fields, Dunmow, Essex CM6 1EE2
£395K09/210.43 mi4, Chelmer Drive, Dunmow, Essex CM6 1HL2
£270K02/210.46 mi4, Chequers Lane, Dunmow, Essex CM6 1EQ2
£315K03/230.49 mi5, Mill Lane, Dunmow, Essex CM6 1BG2
£320K10/220.65 mi48, North Street, Dunmow, Essex CM6 1BA2
£300K02/230.65 mi52a, North Street, Dunmow, Essex CM6 1BA2
£424K01/230.75 mi17, Newton Green, Dunmow, Essex CM6 1DU2
£310K06/210.87 mi3, Holm Drive, Dunmow, Essex CM6 1GQ2
£290K10/200.92 mi17, Maple Way, Dunmow, Essex CM6 1WZ2
£305K07/210.92 mi3, Barberry Path, Dunmow, Essex CM6 1GJ2
£245K09/210.99 mi6, Church End, Dunmow, Essex CM6 2AF2
£260K04/210.99 mi2, Church End, Dunmow, Essex CM6 2AF2
£250K11/220.99 mi8, Church End, Dunmow, Essex CM6 2AF2

Local Rents

11 rents from £915/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.05 miNursery Rise, Dunmow2
£91510/230.16 mi-2
£1,00012/240.17 miFitzwalter Place, Chelmsford Road, Dunmow, Essex, CM62
£1,17503/250.27 mi-2
£1,40012/240.33 miMaple Way, Dunmow, Essex, CM62
£1,40012/240.36 miSpringfields, Dunmow2
£1,00012/230.46 mi-2
£99002/250.76 mi-2
£99003/250.76 mi-2
£1,25012/240.79 miWillow Road, Woodlands Park2
£1,25012/241.23 miParsonage Downs, Dunmow2

Local Area Statistics

Population in CM6

24,916

Population in Dunmow

24,925

Town centre distance

0.31 miles away

Nearest school

0.10 miles away

Nearest train station

4.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+47%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £300,000

November 5, 2024

Sold for £178,000

2005

Sold for £56,000

1996

Floor Plans

Description

  • No Onward Chain +
  • Two Bedrooms +
  • End Of Terrace House +
  • Driveway Parking With Additional Allocated Parking +
  • Enclosed Rear Garden +
  • Lounge/Dining Room +
  • Kitchen +
  • Bathroom +
  • Viewing Advised +
  • Fantastic Potential To Extend (STP) +

*No Onward Chain* Located on an established residential road in the thriving market town of Great Dunmow is this two bedroom end of terrace home boasting parking for three vehicles. The accommodation in brief comprises:- lounge/dining room, kitchen, two bedrooms and a family bathroom. Externally the property further benefits from an enclosed rear garden.

Lounge/Dining Room - 5.38m x 5.36m (max measurements) (17'8" x 17'7" (m - Accessed via a solid front door, UPVC double glazed window to front aspect, two radiators, T.V point, power points, wood effect flooring, stairs rising to the first floor landing, UPVC double glazed French doors leading to the rear garden, opening to.

Kitchen - 2.2 x 2.34 (7'2" x 7'8") - UPVC double glazed window to rear aspect, base and eye level units with complimentary working surfaces over, inset sink with drainer unit, inset oven, four ring gas hob with extractor over, space for fridge, space for freezer, space for washing machine, wall mounted boiler, part tiled walls, tiled flooring, power points.

First Floor Landing - UPVC double glazed window to front aspect, door to airing cupboard, power points, door to.

Bedroom One - 3.45 x 3.1 (11'3" x 10'2") - UPVC double glazed window to rear aspect, radiator, power points.

Bedroom Two - 3.45 x 2.21 (11'3" x 7'3") - UPVC double glazed window to front aspect, radiator, power points.

Family Bathroom - UPVC double glazed opaque window to rear aspect, enclosed shower with glass enclosure, W.C, wash hand basin with pedestal, part tiled walls, tiled flooring, inset spotlights, radiator.

Garden - To the rear of the property is a patio area leading to the remainder artificial lawn with a timber shed to the foot of the garden and is fully enclosed by timber fencing. The garden further benefits from side access via a timber gate and a an external water tap.

Driveway Parking & Additional Parking - To the front of the property is driveway parking with remainder artificial lawn partly enclosed by mature Laurel hedging. To the side of the property is additional allocated parking to the side of the property.

Agent Details

Daniel Brewer Estate Agents, Essex

01371 708267

Next Steps?

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