3 Bed Bungalow, Single Let, Halstead, CO9 2TU, £335,000

Kestrel Rise, Halstead, CO9 2TU - 4 views - 4 months ago

Sold STC
BTL
ROI: 3%
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£138K - £465K
Sold Prices/m²£1.6K/m² - £4.6K/m²

 

 

Square Metres

~93 m²
Price/m²£3.6K/m²

Value Estimate

£314,415

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£83,750

Stamp Duty & Legal Fees

£24,700

Total Cash In

£108,450

 

 

Cash Out

 

Rent Range

£1,300 - £3,200

Rent Estimate

£1,669

Running Costs/mo

£1,401

Cashflow/mo

£268

Cashflow/yr

£3,220

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £138K to £465K, average is £300K. £1.6K/m² to £4.6K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£305K11/200.09 mi12, Nether Court, Halstead, Essex CO9 2HE3
£305K11/200.1 mi12, Nether Court, Halstead, Essex CO9 2HE3
£275K06/210.13 mi52, Nether Court, Halstead, Essex CO9 2HF3
£311K06/230.13 mi84, Nether Court, Halstead, Essex CO9 2HF3
£347.5K11/200.13 mi60, Nether Court, Halstead, Essex CO9 2HF3
£245K07/210.13 mi19, Harvey Street, Halstead, Essex CO9 2LH3
£240K12/210.14 mi30, Harvey Street, Halstead, Essex CO9 2LH3
£250K01/210.14 mi40, Harvey Street, Halstead, Essex CO9 2LH3
£255K05/210.14 mi20, Gardeners Road, Halstead, Essex CO9 2JU3
£249.5K05/210.16 mi75, Nether Court, Halstead, Essex CO9 2HN3
£315K02/210.19 mi69b, Colchester Road, Halstead, Essex CO9 2EN3
£300K06/210.2 mi79, Parsonage Street, Halstead, Essex CO9 2JT3
£233K08/210.21 mi129, Colchester Road, Halstead, Essex CO9 2ES3
£295K07/210.23 mi2, Larks Rise, Halstead, Essex CO9 2HB3
£345K03/210.23 mi2, Mallows Field, Halstead, Essex CO9 2LN3
£210K03/210.24 mi42, Parsonage Street, Halstead, Essex CO9 2JZ3
£235K08/210.27 mi61, Fenn Road, Halstead, Essex CO9 2HQ3
£229.9K08/210.27 mi19, Fenn Road, Halstead, Essex CO9 2HQ3
£229.9K08/210.27 mi19, Fenn Road, Halstead, Essex CO9 2HQ3
£315K03/210.27 mi46, Pretoria Road, Halstead, Essex CO9 2EG3
£318K09/210.27 mi32, Pretoria Road, Halstead, Essex CO9 2EG3
£399.5K02/230.27 mi38, Pretoria Road, Halstead, Essex CO9 2EG3
£285K06/210.28 mi12, Pretoria Road, Halstead, Essex CO9 2EG3
£305K04/210.29 mi5, Balls Chase, Halstead, Essex CO9 1NX3
£310K06/210.29 mi9, Balls Chase, Halstead, Essex CO9 1NX3
£340K12/220.29 mi28, Pretoria Road, Halstead, Essex CO9 2EG3
£335K06/210.29 mi13, Vicarage Meadow, Halstead, Essex CO9 2JL3
£265K02/230.31 mi80, Colne Road, Halstead, Essex CO9 2HP3
£289.8K01/210.33 mi8, Brewster Close, Halstead, Essex CO9 1PW3
£138K03/210.33 mi3, Maple Close, Halstead, Essex CO9 2SS3
£415K08/230.33 mi32, Balls Chase, Halstead, Essex CO9 1NY3
£310K01/230.34 mi40, Kings Road, Halstead, Essex CO9 1HA3
£262.5K02/210.35 mi12, Well Field, Halstead, Essex CO9 1JB3
£280K11/200.35 mi66, Pretoria Road, Halstead, Essex CO9 2EQ3
£307K03/210.36 miFactory Terrace, 2, Factory Lane East, Halstead, Essex CO9 2JH3
£362K04/210.36 miBramble Cottage, Factory Lane East, Halstead, Essex CO9 2JH3
£465K03/210.36 mi68, Pretoria Road, Halstead, Essex CO9 2EQ3
£270K03/230.36 mi11, Coggeshall Way, Halstead, Essex CO9 2SR3
£315K09/210.4 mi63, Cherry Tree Close, Halstead, Essex CO9 2UA3
£285K09/210.4 mi36, Cherry Tree Close, Halstead, Essex CO9 2UA3
£306K06/210.4 mi61, Cherry Tree Close, Halstead, Essex CO9 2UA3
£325K05/230.4 mi39, Cherry Tree Close, Halstead, Essex CO9 2UA3
£315K06/210.4 mi55, Cherry Tree Close, Halstead, Essex CO9 2UA3
£289.9K05/210.4 mi33, Cherry Tree Close, Halstead, Essex CO9 2UA3
£313K07/230.4 mi59, Cherry Tree Close, Halstead, Essex CO9 2UA3
£273K12/200.4 mi6, Mill Chase, Halstead, Essex CO9 2DQ3
£300K09/210.41 mi89, Head Street, Halstead, Essex CO9 2AZ3
£320K01/230.42 mi5, Rye Hills, Halstead, Essex CO9 1LY3
£262K03/210.42 mi4, Rayner Way, Halstead, Essex CO9 1BU3
£215K02/210.42 mi25, Mitchell Avenue, Halstead, Essex CO9 1DN3

Local Rents

10 rents from £1.3K/mo to £3.2K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80003/250.19 mi-3
£1,90009/240.19 mi-3
£1,90001/250.19 mi-3
£1,90012/240.19 mi-3
£1,30012/240.25 mi-3
£1,80010/240.25 mi-3
£1,80002/250.25 mi-3
£1,80003/250.25 mi-3
£3,20012/240.37 mi-3
£1,65004/250.58 mi-3

Local Area Statistics

Population in CO9

25,162

Town centre distance

0.32 miles away

Nearest school

0.30 miles away

Nearest train station

4.98 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Price changed to £335,000

March 4, 2025

Listed for £350,000

December 20, 2024

Floor Plans

Description

  • Bungalow +
  • 3 Bedrooms +
  • No chain! +
  • Good size garden +

SUMMARY
We are pleased to bring to market this 3 bedroom detached bungalow in the popular town of Halstead. This property benefits from having NO CHAIN!

DESCRIPTION
The market town of Halstead offers schooling for all ages, leisure facilities, various High Street shops, boutiques, numerous restaurants and public houses. For the commuter there is a mainline station located at the larger town of Braintree which is approximately 7 miles away. Stansted airport is also approximately 25 miles away and there is straight forward access links to both A12 and A120.

Entrance Hall 
Door to front aspect. Doors giving access to the cloakroom and lounge.

Cloakroom 
Window to front aspect. Suite comprising wc and hand basin.

Lounge / Diner 13' 5" x 22' 5" ( 4.09m x 6.83m )
Window to front and side aspects. Gas fireplace. Doors leading to kitchen and hallway.

Kitchen 10' 5" x 9' 1" ( 3.17m x 2.77m )
Door to side aspect. Range of matching wall and base units with work surfaces over. Oven, extractor and hob. Space of white goods.

Hallway 
Cupboard. Doors giving access to the lounge, dining room, bedrooms and bathroom.

Bedroom One 11' 4" x 7' 2" ( 3.45m x 2.18m )
Window to rear aspect.

Bedroom Two 9' 3" x 10' 3" ( 2.82m x 3.12m )
Window to side aspect.

Bedroom Three 11' 8" x 14' 7" ( 3.56m x 4.45m )
French doors to rear aspect.

Bathroom 
Window to side aspect. Suite comprising bath with shower over, wc and wash basin with vanity unit.

Front Garden 
Garage and driveway.

Rear Garden 
Good size split level garden with a patio and decking area with steps down to lawn.

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, Halstead

01787 322336

Next Steps?

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