3 Bed Detached House, Refurb/BRRR, Dunmow, CM6 3RY, £425,000

Duck End, Stebbing, Dunmow, Essex, CM6 3RY - 4 months ago

Sold STC
Refurb/BRRR
~102 m²
+15 photos

ValuationOvervalued

Sold Prices£214K - £775K
Sold Prices/m²£3K/m² - £5.1K/m²

 

 

Square Metres

~102.40 m²
Price/m²£4.2K/m²

Value Estimate

£402,208

 

 

End Value (After Refurb)

£436,706

Uplift in Value

+3%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£33,700

Refurb Costs

£49,328

Bridging Loan Interest

£11,156

Total Cash In

£202,184

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£436,706

Mortgage (After Refinance)

£327,529

Mortgage LTV

75%

Cash Released

£8,779

Cash Left In

£193,405

Equity

£109,176

Rent Range

£825 - £2,750

Rent Estimate

£1,721

Running Costs/mo

£1,729

Cashflow/mo

£-8

Cashflow/yr

£-95

Gross Yield

5%

Local Sold Prices

50 sold prices from £214K to £775K, average is £365K. £3K/m² to £5.1K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£411K06/210.84 miThe Dales, Stevens Lane, Felsted, Dunmow, Essex CM6 3NJ3
£485K01/210.84 miThe Beech, Stevens Lane, Felsted, Dunmow, Essex CM6 3NJ3
£437.5K07/230.89 mi5, Bannister Green Villas, Felsted, Dunmow, Essex CM6 3NN3
£214K11/200.98 mi30, Ravens Crescent, Felsted, Dunmow, Essex CM6 3EH3
£455K11/220.98 miGarnetts Cottage, Braintree Road, Felsted, Dunmow, Essex CM6 3DS3
£435K01/211.02 miCatbells, Garnetts Lane, Felsted, Dunmow, Essex CM6 3ED3
£375K03/211.09 mi2, New Houses, Hartford End, Chelmsford, Essex CM3 1JT3
£492.5K12/221.16 miFairview, Chelmsford Road, Felsted, Dunmow, Essex CM6 3EP3
£365K01/231.97 mi3, Bright Road, Flitch Green, Dunmow, Essex CM6 3GU3
£500K09/211.98 mi6, Bennetts Lane, North End, Dunmow, Essex CM6 3PG3
£425K02/211.98 miBrookside, Main Road, Ford End, Chelmsford, Essex CM3 1LL3
£320K06/211.99 mi9, Tanton Road, Little Dunmow, Dunmow, Essex CM6 3GS3
£338K05/211.99 mi1, Tanton Road, Little Dunmow, Dunmow, Essex CM6 3GS3
£305K05/212.02 mi35, Ranulf Road, Little Dunmow, Dunmow, Essex CM6 3GR3
£400K11/222.02 mi23, Ranulf Road, Flitch Green, Dunmow, Essex CM6 3GR3
£590K06/212.03 miLychgate House, Back Lane, Ford End, Chelmsford, Essex CM3 1LG3
£495K02/212.03 mi12, Back Lane, Ford End, Chelmsford, Essex CM3 1LG3
£320K04/212.04 mi10, Ranulf Road, Little Dunmow, Dunmow, Essex CM6 3FZ3
£385K12/222.08 mi17, Durand Lane, Flitch Green, Dunmow, Essex CM6 3FS3
£358K08/212.08 mi7, Durand Lane, Little Dunmow, Dunmow, Essex CM6 3FS3
£345K06/232.1 mi1, Canon Road, Flitch Green, Dunmow, Essex CM6 3GF3
£310K02/212.11 miOakdene, Dunmow Road, Rayne, Braintree, Essex CM77 6SF3
£650K12/202.12 miClovelly, Blake End, Rayne, Braintree, Essex CM77 6SG3
£355K05/212.13 mi20, Tomlinson Road, Little Dunmow, Dunmow, Essex CM6 3GH3
£302.5K01/212.13 mi10, Cromwell Road, Little Dunmow, Dunmow, Essex CM6 3GE3
£294.5K12/202.13 mi4, Cromwell Road, Little Dunmow, Dunmow, Essex CM6 3GE3
£302.5K01/212.13 mi10, Cromwell Road, Little Dunmow, Dunmow, Essex CM6 3GE3
£385K07/232.17 mi105, Baynard Avenue, Flitch Green, Dunmow, Essex CM6 3FD3
£369K03/212.17 mi62, Baynard Avenue, Little Dunmow, Dunmow, Essex CM6 3FD3
£360K04/212.17 mi95, Baynard Avenue, Little Dunmow, Dunmow, Essex CM6 3FD3
£320K10/202.18 mi22, Fitzwalter Road, Little Dunmow, Dunmow, Essex CM6 3FH3
£485K01/232.19 miCreeds Twine, School Lane, Great Leighs, Chelmsford, Essex CM3 1NL3
£350K12/202.38 mi4, Old Moors, Great Leighs, Chelmsford, Essex CM3 1GX3
£317.5K12/202.38 mi49, Old Moors, Great Leighs, Chelmsford, Essex CM3 1GX3
£307K06/212.39 mi45, Fayrewood Drive, Great Leighs, Chelmsford, Essex CM3 1GY3
£312K05/232.39 mi56, Fayrewood Drive, Great Leighs, Chelmsford, Essex CM3 1GY3
£365K05/212.41 mi41, Brickbarns, Great Leighs, Chelmsford, Essex CM3 1JJ3
£367.5K06/212.42 mi11, Oak Manor View, Great Leighs, Chelmsford, Essex CM3 1GZ3
£322K12/202.43 mi28, Brickbarns, Great Leighs, Chelmsford, Essex CM3 1JL3
£775K09/212.45 miToppersfield, Long Lane, Rayne, Braintree, Essex CM77 6SU3
£267.5K02/212.49 mi21, Rich Close, Great Leighs, Chelmsford, Essex CM3 1NX3
£325K03/232.56 mi13, Bolingbroke Close, Great Leighs, Chelmsford, Essex CM3 1NZ3
£290K10/202.56 mi4, Bolingbroke Close, Great Leighs, Chelmsford, Essex CM3 1NZ3
£460K03/232.62 mi12, St Marys Place, Little Dunmow, Dunmow, Essex CM6 3HX3
£375K03/212.72 mi11, Wood Way, Great Notley, Braintree, Essex CM77 7JS3
£312.5K11/212.73 mi4, Catherines Close, Great Leighs, Chelmsford, Essex CM3 1RX3
£500K11/222.73 mi1, Wood Way, Great Notley, Braintree, Essex CM77 7JS3
£380K06/232.74 mi8, Warner Close, Rayne, Braintree, Essex CM77 6GX3
£375K01/212.74 miChase End, Grange Lane, Little Dunmow, Dunmow, Essex CM6 3HY3
£270K09/212.76 mi1, Kidder Road, Rayne, Braintree, Essex CM77 6TN3

Local Rents

17 rents from £825/mo to £2.8K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£2,65012/240.79 miJollyboys Lane South,Felsted,CM64
£82512/241.18 miChestnut Walk, Felsted, DUNMOW, Essex1
£2,50012/231.31 mi-3
£2,25012/241.93 miHallett Road, Flitch Green, Dunmow5
£2,75012/241.94 miBRAINTREE ROAD, Felsted, CM64
£1,63009/241.97 mi-3
£1,55009/231.98 mi-3
£1,55012/241.98 miTanton Road, Flitch Green, CM63
£1,65012/242.02 miRanulf Road, Flitch Green3
£1,60012/242.03 miHallett Road, CM63
£1,40012/242.04 miDurand Lane, Flitch Green2
£1,10012/242.06 miMatilda Way, Flitch Green, CM62
£1,65012/242.3 miDunmow Road, North End, CM62
£1,20012/242.39 miShimbrooks, Great Leighs2
£1,15012/242.39 miShimbrooks, Great Leighs2
£2,00010/232.42 mi-4
£1,80012/242.43 mi-4

Local Area Statistics

Population in CM6

24,916

Population in Dunmow

24,925

Town centre distance

3.92 miles away

Nearest school

1.10 miles away

Nearest train station

8.94 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+47%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £425,000

November 21, 2024

Floor Plans

Description

  • 3 Bedroom Detached Property +
  • Approx 1/2 an Acre +
  • Ideal for Renovation & Development STPP +
  • Parking for Several Cars +
  • Garage +
  • Outbuilding/Storage +
  • Council Tax Band E & EPC Band F +

Situated in the sought after village of Stebbing on a generous half acre plot if this spacious three bedroom detached house making an ideal opportunity for renovation and development (STPP).

Internally this property offers well sized accommodation throughout, comprising entrance hall, dining room, fitted kitchen and utility, along with a large lounge on the ground floor with a central fireplace and exposed beams adding to the character. Upstairs you have the benefit of three generously sized bedrooms and a walk in shower room.

To the outside, the property benefits from two driveways to the front allowing parking for numerous vehicles along with a single garage. The majority of the plot is to the rear with an outbuilding/ storage area as well.

Council Tax Band E. EPC Band F.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum of six months, with the exception of short term accommodation. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
BUYERS INFORMATION

To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £60 plus VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.

REFERRAL FEES

We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Intercounty.'

IOH240708/5

Agent Details

Intercounty, Great Dunmow

01371 701972

Next Steps?

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