2 Bed Flat, Single Let, Brentwood, CM13 1DD, £220,000

184 Hutton Road, Shenfield, Essex, CM15 8NR - 2 views - 4 months ago

Leasehold
BTL
ROI: 10%
~66 m²
+5 photos

ValuationUndervalued

Sold Prices£180K - £1.1M
Sold Prices/m²£3.4K/m² - £9.7K/m²

 

 

Square Metres

~66.45 m²
Price/m²£3.3K/m²

Value Estimate

£275,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£12,200

Total Cash In

£67,200

 

 

Cash Out

 

Rent Range

£1,500 - £3,100

Rent Estimate

£1,550

Running Costs/mo

£1,018

Cashflow/mo

£533

Cashflow/yr

£6,390

ROI

10%

Gross Yield

8%

Local Sold Prices

40 sold prices from £180K to £1.1M, average is £294.5K. £3.4K/m² to £9.7K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£270K10/220.14 mi59a, Wash Road, Hutton, Brentwood, Essex CM13 1BX2
£310K04/210.14 mi57, Wash Road, Hutton, Brentwood, Essex CM13 1BX2
£475K09/210.17 mi11, Oakbank, Hutton, Brentwood, Essex CM13 1DN2
£220K10/210.24 mi138, Whittington Road, Hutton, Brentwood, Essex CM13 1JZ2
£230K02/210.25 mi19, Colet Road, Hutton, Brentwood, Essex CM13 1LD2
£290K09/210.45 mi23, Cedar Close, Hutton, Brentwood, Essex CM13 1NE2
£289K06/210.47 mi28, Cedar Close, Hutton, Brentwood, Essex CM13 1NE2
£295K09/210.51 miFlat 18, Bradwell Court, Bradwell Green, Hutton, Brentwood, Essex CM13 1YR2
£360K06/230.61 miFlat 5, Booths Court, Poplar Drive, Hutton, Brentwood, Essex CM13 1YY2
£360K04/230.61 miFlat 14, Booths Court, Poplar Drive, Hutton, Brentwood, Essex CM13 1YY2
£360K11/220.62 miFlat 20, Booths Court, Poplar Drive, Hutton, Brentwood, Essex CM13 1YY2
£294.5K11/210.82 mi14, Alexander Lane, Hutton, Brentwood, Essex CM13 1AG2
£294.5K11/210.82 mi14, Alexander Lane, Hutton, Brentwood, Essex CM13 1AG2
£294.5K11/210.82 mi14, Alexander Lane, Hutton, Brentwood, Essex CM13 1AG2
£266K12/220.89 miFlat 1, Sheldon Court, Rayleigh Road, Hutton, Brentwood, Essex CM13 1AF2
£335K07/231.06 mi19, Hunter Avenue, Shenfield, Brentwood, Essex CM15 8PE2
£270K03/231.12 mi79a, Hutton Road, Shenfield, Brentwood, Essex CM15 8JD2
£212.5K06/231.12 mi83a, Hutton Road, Shenfield, Brentwood, Essex CM15 8JD2
£830K11/201.17 mi32, Herington Grove, Hutton, Brentwood, Essex CM13 2NW2
£750K06/211.22 mi2, Margaret Avenue, Shenfield, Brentwood, Essex CM15 8RF2
£825K03/231.26 miFlat 14, Clune Court, Hutton Road, Shenfield, Brentwood, Essex CM15 8NQ2
£395K10/221.31 miFlat 6, Mistleigh Court, Shorter Avenue, Shenfield, Brentwood, Essex CM15 8RA2
£310K10/221.34 mi26a, Gordon Road, Shenfield, Brentwood, Essex CM15 8LR2
£318K05/231.35 miFlat 18, Ardleigh Court, Hutton Road, Shenfield, Brentwood, Essex CM15 8LZ2
£281.5K01/211.36 miFlat 49, Ardleigh Court, Hutton Road, Shenfield, Brentwood, Essex CM15 8NA2
£350K04/211.36 miFlat 4, Maple House, Chelmsford Road, Shenfield, Brentwood, Essex CM15 8RQ2
£1.1M12/201.4 mi278, Priests Lane, Shenfield, Brentwood, Essex CM15 8LD2
£295K04/211.42 mi3b, Hutton Road, Shenfield, Brentwood, Essex CM15 8LA2
£315K02/211.46 mi7, Tabors Court, Shenfield, Brentwood, Essex CM15 8JF2
£365K09/221.52 mi48, Princes Way, Hutton, Brentwood, Essex CM13 2JW2
£227K07/211.54 miFlat 2, Warwick Court, Wendover Gardens, Brentwood, Essex CM13 2JB2
£227K07/211.54 miFlat 2, Warwick Court, Wendover Gardens, Brentwood, Essex CM13 2JB2
£227K07/211.54 miFlat 2, Warwick Court, Wendover Gardens, Brentwood, Essex CM13 2JB2
£240K08/211.54 miFlat 1, Trienna Court, Wendover Gardens, Brentwood, Essex CM13 2HD2
£267K10/221.78 mi104, Knights Way, Brentwood, Essex CM13 2ER2
£218K03/211.8 mi124, Knights Way, Brentwood, Essex CM13 2ER2
£235K12/221.81 mi108, Knights Way, Brentwood, Essex CM13 2ER2
£250K09/221.87 mi8, Hare Bridge Crescent, Ingatestone, Essex CM4 9DR2
£255K09/221.95 mi41, Boleyn Gardens, Brentwood, Essex CM13 2EP2
£180K12/221.98 mi116, Orchard Avenue, Brentwood, Essex CM13 2DP2

Local Rents

12 rents from £1.5K/mo to £3.1K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,55011/230.16 mi-2
£1,55003/250.16 mi-2
£1,50011/230.19 mi-2
£1,55012/240.2 miHawksmoor Green, Hutton2
£1,60012/240.25 miTallon Road, Brentwood, Essex, CM132
£1,70012/240.25 miTallon Road, Brentwood, Essex, CM132
£1,75012/240.25 miTallon Road, Brentwood, Essex, CM132
£3,10012/240.33 mi-2
£3,10011/240.33 mi-2
£1,75004/250.41 mi-2
£1,80012/240.42 mi-2
£1,60012/240.61 miPoplar Drive, Shenfield, Brentwood,CM132

Local Area Statistics

Population in CM13

24,715

Population in Brentwood

67,434

Town centre distance

1.83 miles away

Nearest school

0.20 miles away

Nearest train station

1.07 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Buyer's market

Capital growth (5yrs)

+13%

Property History

Price changed to £220,000

March 24, 2025

Price changed to £230,000

January 15, 2025

Listed for £240,000

December 19, 2024

Floor Plans

Description

  • Two Double Bedrooms +
  • Bathroom +
  • Separate WC +
  • Living Room +
  • Kitchen/Diner +
  • Parking +
  • No Onward Chain +

NO ONWARD CHAIN.
Located in a sought-after area, this charming two-bedroom upper floor apartment offers a perfect blend of comfortable living and convenience boasting a bright and airy living space. The accommodation comprises communal hallway, stairs leading to the second floor, entrance door to hallway, two good sized double bedrooms, large living room, kitchen/breakfast room, bathroom, and separate W/C.
The apartment benefits from communal parking as well as being in a prime location with easy access to local amenities, public transport links, and green spaces for outdoor activities. With its affordable price and spacious layout, this property presents a fantastic opportunity for first-time buyers or investors looking to expand their portfolio. Don't miss out on the chance to make this delightful apartment your new home. Contact us today to arrange a viewing!
Council Tax Band D. 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 💪