2 Bed Bungalow, Planning Permission, Dunmow, CM6 1HG, £475,000

Oakroyd Avenue, Dunmow, CM6 1HG - 3 months ago

Sold STC

Planning

~68 m²

+9 photos

ValuationOvervalued

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

Square Metres	~68.11 m²
Price/m²	£7K/m²
Value Estimate	£328,549£328,549

Investment Opportunity

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£118,750£118,750
Stamp Duty & Legal Fees	£26,700£26,700
Total Cash In	£145,450£145,450

Cash Out
Rent Range	£915 - £1,400£915 - £1,400
Rent Estimate	£881
Running Costs/mo	£1,681£1,681
Cashflow/mo	£-800£-800
Cashflow/yr	£-9,595£-9,595
Gross Yield	2%2%

Local Sold Prices

38 sold prices from £210K to £485K, average is £312K. £3.8K/m² to £6.5K/m², average is £4.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£485K	10/22	0.01 mi	5, Oakroyd Avenue, Dunmow, Essex CM6 1HG	-	-	2	Semi-Detached House
£330K	09/21	0.05 mi	49, The Avenue, Dunmow, Essex CM6 1BQ	-	-	2	Semi-Detached House
£387.5K	02/21	0.05 mi	38, The Avenue, Dunmow, Essex CM6 1BQ	£3,939	98	2	Semi-Detached House
£455K	03/23	0.08 mi	Park Lodge, Braintree Road, Dunmow, Essex CM6 1HS	£6,078	75	2	Detached House
£210K	04/21	0.14 mi	106, High Street, Dunmow, Essex CM6 1AP	£4,667	45	2	Semi-Detached House
£220K	06/23	0.15 mi	100, High Street, Dunmow, Essex CM6 1AP	£4,783	46	2	Terraced House
£310K	09/21	0.18 mi	13, Flitch Lane, Dunmow, Essex CM6 1EL	-	-	2	Terraced House
£320K	10/21	0.18 mi	5, Flitch Lane, Dunmow, Essex CM6 1EL	£5,025	64	2	Terraced House
£290K	02/21	0.18 mi	3, Flitch Lane, Dunmow, Essex CM6 1EL	£3,816	76	2	Semi-Detached House
£310K	01/21	0.18 mi	15, Flitch Lane, Dunmow, Essex CM6 1EL	£4,429	70	2	Semi-Detached House
£395K	09/21	0.18 mi	4, Chelmer Drive, Dunmow, Essex CM6 1HL	£5,643	70	2	Semi-Detached House
£375K	12/22	0.23 mi	16, The Close, Dunmow, Essex CM6 1EW	-	-	2	Terraced House
£325K	10/20	0.24 mi	16, The Close, Dunmow, Essex CM6 1EW	-	-	2	Terraced House
£360K	05/21	0.24 mi	44, The Close, Dunmow, Essex CM6 1EW	£4,865	74	2	Terraced House
£314K	12/22	0.24 mi	14, New Street, Dunmow, Essex CM6 1BH	£5,414	58	2	Terraced House
£289.9K	12/22	0.24 mi	48, New Street, Dunmow, Essex CM6 1BH	-	-	2	Terraced House
£300K	06/21	0.24 mi	20, New Street, Dunmow, Essex CM6 1BH	-	-	2	Terraced House
£320K	05/21	0.24 mi	44, New Street, Dunmow, Essex CM6 1BH	£5,583	57	2	Terraced House
£265K	02/21	0.25 mi	20, Ash Grove, Dunmow, Essex CM6 1QY	£4,649	57	2	Terraced House
£295K	03/23	0.25 mi	24, Ash Grove, Dunmow, Essex CM6 1QY	£5,175	57	2	Terraced House
£330K	12/22	0.26 mi	31, Ash Grove, Dunmow, Essex CM6 1QY	-	-	2	Terraced House
£325K	03/23	0.26 mi	24, New Street Fields, Dunmow, Essex CM6 1BJ	£4,063	80	2	Terraced House
£237.5K	11/20	0.26 mi	20, New Street Fields, Dunmow, Essex CM6 1BJ	£5,163	46	2	Terraced House
£300K	12/22	0.26 mi	20, New Street Fields, Dunmow, Essex CM6 1BJ	£6,522	46	2	Terraced House
£315K	03/23	0.31 mi	5, Mill Lane, Dunmow, Essex CM6 1BG	£3,889	81	2	Terraced House
£445K	06/21	0.34 mi	42, High Fields, Dunmow, Essex CM6 1EE	£6,181	72	2	Detached House
£270K	02/21	0.38 mi	4, Chequers Lane, Dunmow, Essex CM6 1EQ	-	-	2	Terraced House
£320K	10/22	0.48 mi	48, North Street, Dunmow, Essex CM6 1BA	£4,175	77	2	Terraced House
£300K	02/23	0.48 mi	52a, North Street, Dunmow, Essex CM6 1BA	£4,286	70	2	Terraced House
£424K	01/23	0.73 mi	17, Newton Green, Dunmow, Essex CM6 1DU	-	-	2	Semi-Detached House
£245K	09/21	0.77 mi	6, Church End, Dunmow, Essex CM6 2AF	£4,880	50	2	Terraced House
£260K	04/21	0.77 mi	2, Church End, Dunmow, Essex CM6 2AF	£5,145	51	2	Terraced House
£250K	11/22	0.77 mi	8, Church End, Dunmow, Essex CM6 2AF	-	-	2	Terraced House
£351K	09/22	0.77 mi	9, St Edmunds Lane, Dunmow, Essex CM6 2AH	£4,743	74	2	Semi-Detached House
£322.5K	12/22	0.8 mi	32, Church Street, Dunmow, Essex CM6 2AE	-	-	2	Terraced House
£310K	06/21	0.85 mi	3, Holm Drive, Dunmow, Essex CM6 1GQ	-	-	2	Semi-Detached House
£290K	10/20	0.88 mi	17, Maple Way, Dunmow, Essex CM6 1WZ	£4,603	63	2	Terraced House
£305K	07/21	0.92 mi	3, Barberry Path, Dunmow, Essex CM6 1GJ	£5,083	60	2	Terraced House

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£1,175	03/25	0.13 mi	-	2	Flat
£1,000	12/24	0.14 mi	Fitzwalter Place, Chelmsford Road, Dunmow, Essex, CM6	2	Flat
£915	10/23	0.19 mi	-	2	Flat
£1,400	12/24	0.23 mi	Maple Way, Dunmow, Essex, CM6	2	Flat
£1,200	12/24	0.25 mi	Nursery Rise, Dunmow	2	Terraced House
£1,000	12/23	0.33 mi	-	2	Flat
£1,400	12/24	0.38 mi	Springfields, Dunmow	2	Detached House
£990	02/25	0.62 mi	-	2	Flat
£990	03/25	0.62 mi	-	2	Flat
£1,250	12/24	0.7 mi	Willow Road, Woodlands Park	2	Flat
£1,250	12/24	1.06 mi	Parsonage Downs, Dunmow	2	Detached House

Local Area Statistics

Population in CM6	24,91624,916
Population in Dunmow	24,92524,925
Town centre distance	0.21 miles away0.21 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	4.81 miles away4.81 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+47%+47%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+15%+15%

Property History

Listed for £475,000

December 26, 2024

Floor Plans

Description

NO ONWARD CHAIN +
SEMI-DETACHED BUNGALOW +
TWO DOUBLE BEDROOMS +
LOUNGE/DINER +
CONSERVATORY +
OFF STREET PARKING +
GARAGE WITH POWER AND LIGHTING +
80FT APPROX. REAR GARDEN +

*No onward chain*

Located close to Dunmow town centre is this rarely available 1930’s semi-detached bungalow offering scope to extend subject to planning permission. The property offers two double bedrooms, kitchen, lounge/dining room, conservatory and shower room.

Externally the property boasts a block-paved driveway supplying off street parking for numerous vehicles plus a garage with power and lighting. The rear of the property consists of a large west-facing garden, of approximately 80' in length, with a patio area.

The market town of Great Dunmow is a bustling town full of independent shops, restaurants and public houses/bars. The town centre is full of historic buildings with some stunning seating areas which include the renowned “Doctors Pond”. Some of Great Dunmow’s facilities include: leisure centre, various additional gyms, supermarkets, fantastic primary & secondary schools, parks. The town offers fantastic transport links to Stansted Airport, Chelmsford City and Bishop’s Stortford.

Agent Details

Beresfords, Dunmow

01371 701975

Next Steps?

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

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