2 Bed Flat, Single Let, Brentwood, CM14 4UN, £225,000

67 Mayfield Gardens, Brentwood, Essex, CM14 4UN - 3 views - 4 months ago

Leasehold
BTL
ROI: 7%
65 m²

ValuationUndervalued

Sold Prices£210K - £425K
Sold Prices/m²£3.2K/m² - £7K/m²

 

 

Square Metres

65 m²
Price/m²£3.5K/m²

Value Estimate

£274,500
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£1,095 - £3,300

Rent Estimate

£1,395

Running Costs/mo

£1,002

Cashflow/mo

£393

Cashflow/yr

£4,715

ROI

7%

Gross Yield

7%

Local Sold Prices

40 sold prices from £210K to £425K, average is £281.3K. £3.2K/m² to £7K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£260K03/210.13 mi32, Mayfield Gardens, Brentwood, Essex CM14 4UJ2
£321K06/230.13 mi14, Mayfield Gardens, Brentwood, Essex CM14 4UJ2
£232.5K09/210.3 miFlat 4, Stone Yard, Western Gardens, Brentwood, Essex CM14 4RE2
£275K02/230.32 mi16, The Courtyard, Brentwood, Essex CM15 9AF2
£245K08/210.36 miFlat 35, The Square, Chatham Way, Brentwood, Essex CM14 4AL2
£311.5K05/230.36 miFlat 6, The Square, Chatham Way, Brentwood, Essex CM14 4AL2
£325K12/220.41 miFlat 4, Burgess Court, Burland Road, Brentwood, Essex CM15 9BL2
£275K12/200.41 miFlat 14, Burgess Court, Burland Road, Brentwood, Essex CM15 9BL2
£349.8K06/210.43 mi44, Westbury Road, Brentwood, Essex CM14 4JR2
£250K04/210.49 mi18, Hurstwood Avenue, Pilgrims Hatch, Brentwood, Essex CM15 9HT2
£425K03/230.5 miFlat 11, Coptfold House, New Road, Brentwood, Essex CM14 4FW2
£233.5K01/230.5 mi26, Hurstwood Avenue, Pilgrims Hatch, Brentwood, Essex CM15 9HT2
£320K11/220.5 mi16, Hurstwood Avenue, Pilgrims Hatch, Brentwood, Essex CM15 9HT2
£363.5K12/220.5 mi73, Kings Road, Brentwood, Essex CM14 4DP2
£287.5K08/220.5 mi94, Doddinghurst Road, Brentwood, Essex CM15 9EU2
£270K06/230.5 mi104a, Doddinghurst Road, Brentwood, Essex CM15 9EU2
£345K12/200.51 mi42b, Coptfold Road, Brentwood, Essex CM14 4BL2
£372.5K05/210.52 mi4, Kings Chase, Brentwood, Essex CM14 4LE2
£365K11/200.62 mi40, Wharf Road, Brentwood, Essex CM14 4LQ2
£290K06/230.62 mi11, Railway Square, Brentwood, Essex CM14 4LN2
£237.5K09/210.62 mi18, Railway Square, Brentwood, Essex CM14 4LN2
£290K01/210.63 miFlat 24, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£305K05/210.63 miFlat 32, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£300K01/230.66 miFlat 23, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£310K01/230.66 miFlat 24, Radcliffe House, Rollason Way, Brentwood, Essex CM14 4DY2
£245K05/210.77 miFlat 25, Elizabeth House, Albany Road, Pilgrims Hatch, Brentwood, Essex CM15 9PL2
£276K12/200.77 miFlat 10, Dounsell Court, Ongar Road, Pilgrims Hatch, Brentwood, Essex CM15 9JD2
£210K03/210.77 mi84, Cromwell Road, Warley, Brentwood, Essex CM14 5DZ2
£240K06/220.78 miFlat 42, Elizabeth House, Albany Road, Pilgrims Hatch, Brentwood, Essex CM15 9PL2
£310K06/230.8 mi38, Myrtle Road, Warley, Brentwood, Essex CM14 5EG2
£220K02/230.81 mi45, Sandringham Road, Pilgrims Hatch, Brentwood, Essex CM15 9PH2
£226K04/210.81 mi7, Sandringham Road, Pilgrims Hatch, Brentwood, Essex CM15 9PH2
£340K05/210.83 mi201, Crescent Road, Warley, Brentwood, Essex CM14 5JB2
£210K11/200.83 miFlat 18, Cawdor House, Cameron Close, Warley, Brentwood, Essex CM14 5BZ2
£250K08/210.83 miFlat 4, Forres House, Cameron Close, Warley, Brentwood, Essex CM14 5BS2
£282.5K10/220.87 mi16, Balmoral Road, Pilgrims Hatch, Brentwood, Essex CM15 9PN2
£280K06/210.89 miFlat 4, Cromarty House, Mount Crescent, Warley, Brentwood, Essex CM14 5DA2
£250K02/210.91 miFlat 2, Marlborough House, Firsgrove Crescent, Brentwood, Essex CM14 5TF2
£240K03/230.92 miFlat 8, Grove House, Firsgrove Crescent, Warley, Brentwood, Essex CM14 5JS2
£335K04/210.99 mi15, Osborne Heights, Warley, Brentwood, Essex CM14 5UZ2

Local Rents

51 rents from £1.1K/mo to £3.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,45004/250.11 mi-2
£1,50012/240.12 miSycamore Drive, Brentwood, Essex, CM142
£1,35012/240.19 miBardeswell Close, CM142
£3,00012/240.19 mi-2
£1,65012/240.23 miHenry Manning House, Milan Walk, Brentwood, Essex, CM142
£1,60012/240.24 miOngar Road, Brentwood, Essex, CM152
£1,60011/240.25 mi-2
£1,50012/240.27 miCentral Brentwood2
£1,77512/240.28 mi-2
£1,70004/250.29 mi-2
£1,59501/240.3 mi-2
£1,09501/250.32 mi-2
£1,10012/240.33 miCentral Brentwood2
£1,50012/240.33 miHigh Street, Brentwood, CM14 4RX2
£1,50012/240.33 miHigh Street, Brentwood, CM14 4RX2
£1,55012/240.33 miNorth Road Avenue, Brentwood, CM142
£1,40001/240.33 mi-2
£1,30012/230.4 mi-2
£1,80012/240.41 miRoyal Oak House, High St, Brentwood2
£1,39512/240.41 miCrown Street, Brentwood, Essex, CM142
£1,65012/240.41 mi-2
£1,65012/240.41 miSouth Street, Brentwood, CM142
£1,85012/240.42 miHalcyon Place, Brentwood, Essex, CM142
£1,35012/240.42 miHighmead Court, Sawyers Hall Lane, CM152
£1,85004/250.42 mi-2
£1,95004/250.42 mi-2
£1,99904/250.42 mi-2
£1,95004/250.43 mi-2
£3,30012/240.43 mi-2
£1,80012/240.43 mi-2
£1,90002/250.43 mi-2
£2,50003/250.45 mi-2
£1,37512/240.45 miOngar Road, Brentwood, Essex, CM152
£1,50012/240.46 miBecket House, New Road, CM142
£1,69504/250.46 mi-2
£1,40002/250.47 mi-2
£1,60012/240.47 miCrown Street, Brentwood2
£2,30012/240.5 miIngrave House, Ingrave Road, CM152
£1,40001/250.51 mi-2
£1,70012/240.55 mi-2
£1,45003/240.55 mi-2
£1,45003/240.55 mi-2
£1,85012/240.55 miSt. Thomas Road, CM142
£1,50004/250.55 mi-2
£1,50004/250.55 mi-2
£1,40011/240.56 mi-2
£1,55012/240.56 miHubert Road, BRENTWOOD2
£1,55012/240.56 miHubert Road, BRENTWOOD2
£1,52512/240.56 miHubert Road, BRENTWOOD2
£1,95001/250.57 mi-2
£1,50004/250.58 mi-2

Local Area Statistics

Population in CM14

19,442

Population in Brentwood

67,434

Town centre distance

0.80 miles away

Nearest school

0.30 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Listed for £225,000

December 20, 2024

Sold for £165,000

2007

Sold for £123,750

2006

Sold for £48,000

1997

Floor Plans

Description

  • TWO DOUBLE BEDROOMS +
  • TOP FLOOR APARTMENT +
  • BRENTWOOD HIGH STREET NEARBY +
  • PERMIT PARKING AVAILABLE +

Presented throughout to a high standard is this bright and spacious, two-bedroom, top floor apartment. Located within close proximity of Brentwood High Street, the internal accommodation comprises a large reception room overlooking the rear of the property and enjoying plenty of natural light from the dual aspect windows. There is a fully fitted kitchen with eye and base level storage units, ample worktop surfaces and various integrated appliances, The master bedroom is an exceptionally well-proportioned double room, with the second bedroom also a comfortable double with both rooms benefiting from built-in storage. Completing the internal layout is the modern bathroom.

Hallway -

Reception - 4.32m x 3.71m (14'2 x 12'2) -

Kitchen - 3.56m x 2.90m (11'8 x 9'6) -

Bedroom One - 4.72m x 3.23m (15'6 x 10'7) -

Bedroom Two - 3.23m x 2.90m (10'7 x 9'6) -

Bathroom - 2.44m x 1.91m (8'0 x 6'3) -

Agents Note - As part of the service we offer we may recommend ancillary services to you which we believe may help you with your property transaction. We wish to make you aware, that should you decide to use these services we will receive a referral fee. For full and detailed information please visit 'terms and conditions' on our website

Agent Details

Keith Ashton, Brentwood

01277 674388

Next Steps?

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