2 Bed Flat, Planning Permission, Dunmow, CM6 1WD, £210,000

Willow Road, Woodlands Park, CM6 1WD - 3 months ago

Sold STC
Leasehold
Planning
ROI: 2%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£97.5K - £255K
Sold Prices/m²£1.7K/m² - £4.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£228,711
BMV9%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£13,400

Total Cash In

£65,900

 

 

Cash Out

 

Rent Range

£915 - £1,400

Rent Estimate

£990

Running Costs/mo

£874

Cashflow/mo

£116

Cashflow/yr

£1,389

ROI

2%

Gross Yield

6%

Local Sold Prices

30 sold prices from £97.5K to £255K, average is £207.5K. £1.7K/m² to £4.7K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£97.5K03/210.03 mi16, Conifer Way, Dunmow, Essex CM6 1XB2
£200K10/200.1 mi18b, Waldgrooms, Dunmow, Essex CM6 1EA2
£230K05/210.12 mi6, The Downs, Dunmow, Essex CM6 1DS2
£140K11/200.21 mi118, Godfrey Way, Dunmow, Essex CM6 2SQ2
£140K11/200.21 mi118, Godfrey Way, Dunmow, Essex CM6 2SQ2
£143K11/200.21 mi118, Godfrey Way, Dunmow, Essex CM6 2SQ2
£210K12/200.21 mi130, Godfrey Way, Dunmow, Essex CM6 2SQ2
£188K06/210.21 mi128, Godfrey Way, Dunmow, Essex CM6 2SQ2
£222.5K07/230.21 mi130, Godfrey Way, Dunmow, Essex CM6 2SQ2
£217K10/220.21 mi134, Godfrey Way, Dunmow, Essex CM6 2SQ2
£240K03/230.29 mi57, The Causeway, Dunmow, Essex CM6 2AA2
£230K03/210.45 mi9, Harmans Yard, Dunmow, Essex CM6 1AS2
£225K08/220.46 mi17, White Hart Way, Dunmow, Essex CM6 1FS2
£185K04/230.49 mi7, Weavers Close, Dunmow, Essex CM6 1FR2
£210K02/210.6 miFlat 33, Manse Gardens, Haslers Lane, Dunmow, Essex CM6 1BL2
£212.5K12/220.61 miFlat 8, Manse Gardens, Haslers Lane, Dunmow, Essex CM6 1BL2
£241K10/220.61 miFlat 30, Manse Gardens, Haslers Lane, Dunmow, Essex CM6 1BL2
£169.5K08/210.61 miFlat 45, Granary Court, Haslers Lane, Dunmow, Essex CM6 1BW2
£180K03/230.61 miFlat 42, Granary Court, Haslers Lane, Dunmow, Essex CM6 1BW2
£180K12/220.63 miFlat 15, Granary Court, Haslers Lane, Dunmow, Essex CM6 1BN2
£215K08/220.64 miFlat 6, Melville House, Braintree Road, Dunmow, Essex CM6 1HS2
£180K10/200.66 miFlat 32, Fitzwalter Place, Chelmsford Road, Dunmow, Essex CM6 1HB2
£190K11/210.66 miFlat 37, Fitzwalter Place, Chelmsford Road, Dunmow, Essex CM6 1HB2
£210K03/210.78 mi11, Harris Green, Dunmow, Essex CM6 1FP2
£199K08/220.78 mi19, Harris Green, Dunmow, Essex CM6 1FP2
£255K01/230.78 mi12, Harris Green, Dunmow, Essex CM6 1FP2
£215K09/210.91 mi3, Buckingham Court, Dunmow, Essex CM6 1XE2
£205K08/210.91 mi17, Buckingham Court, Dunmow, Essex CM6 1XE2
£223.5K06/210.91 mi24, Buckingham Court, Dunmow, Essex CM6 1XE2
£175K01/210.92 mi39a, The Close, Dunmow, Essex CM6 1EW2

Local Rents

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

RentDateDistanceAddressBeds 
£1,25012/240 miWillow Road, Woodlands Park2
£99002/250.16 mi-2
£99003/250.16 mi-2
£1,00012/230.36 mi-2
£1,40012/240.44 miSpringfields, Dunmow2
£1,40012/240.48 miMaple Way, Dunmow, Essex, CM62
£1,25012/240.52 miParsonage Downs, Dunmow2
£1,17503/250.58 mi-2
£91510/230.63 mi-2
£1,00012/240.64 miFitzwalter Place, Chelmsford Road, Dunmow, Essex, CM62
£1,20012/240.74 miNursery Rise, Dunmow2

Local Area Statistics

Population in CM6

24,916

Population in Dunmow

24,925

Town centre distance

0.91 miles away

Nearest school

0.30 miles away

Nearest train station

4.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+47%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £210,000

January 6, 2025

Floor Plans

Description

  • NO ONWARD CHAIN +
  • TWO DOUBLE BEDROOM SECOND FLOOR APARTMENT +
  • LARGE LIVING ROOM DINER WITH JULIET BALCONY +
  • KITCHEN +
  • FAMILY BATHROOM +
  • 1 ALLOCATED PARKING SPACE +
  • COMMUNAL GARDENS +
  • TELEPHONE ENTRY SYSTEM +
  • WALKING DISTANCE TO LOCAL AMMENTIES AND SCHOOLING +

We are pleased to offer this 2 double bedroom second floor apartment on Woodlands Park. Comprising a large Living Room Diner with Juliet balcony, kitchen, two double bedrooms, spacious entrance hall with storage and a family bathroom. Externally the apartment enjoys a well-manicured rear communal garden and an allocated parking space. 

Timber door opening into:  

Entrance Hall With ceiling lighting, smoke alarm, wall mounted radiator, telephone entry system, wall mounted fuseboard, wood effect laminate flooring, two large storage cupboards, power points, doors to rooms. 

Living Room Diner: 14' 5" x 14' 1" (4.39m x 4.29m) With French doors and Juliet balcony to rear, ceiling lighting, wall mounted radiator, fitted carpet, TV, telephone and power points. 

Kitchen Comprising an array of eye and base level cupboards and drawers with complimentary granite effect rolled work surface and tiled splash back, 1 ½ bowl single drainer stainless steel sink unit with mixer tap, four ring gas hob with oven under and extractor fan above, washing machine (left as goodwill), fridge freeze (left as goodwill), wall mounted gas boiler, window to front, ceiling lighting, extractor fan, wall mounted radiator, power points, tiled flooring. 

Bedroom 1: 14' 1" x 10' 10" (4.29m x 3.3m) With window to rear, fitted carpet, ceiling lighting, wall mounted radiator, built-in double wardrobe, TV and power points. 

Bedroom 2: 11' 2" x 8' 7" (3.4m x 2.62m) With window to front, ceiling lighting, wall mounted radiator, fitted carpet, power points. 

Family Bathroom Comprising a three-piece suite of panel enclosed bath with mixer tap and integrated shower over, tiled surround with glazed shower screen, close coupled WC, pedestal wash hand basin with twin tap and tiled splash back, obscure window to front, ceiling lighting, extractor fan, wall mounted chromium heat towel rail, tiled flooring. 

External To the rear of the property there is an allocated parking space and well-manicured communal garden. 

Location Woodlands Park Drive is well located in Great Dunmow, which offers schooling for both Junior and Senior year groups within walking distance, boutique shopping and recreational facilities. Woodlands Park Drive is a short drive away from the mainline railway station at Bishop's Stortford which serves London Liverpool Street, Cambridge and Stansted Airport, also the M11 and M25 motorways are only a short drive via the A120, giving easy onward access to London and the North.  

AGENTS NOTE: The information given in these particulars is intended to help you decide whether you wish to view this property and to avoid wasting your time in viewing unsuitable properties. We have tried to make sure that these particulars are accurate, but to a large extent we have to rely on what the seller tells us about the property. We do not check every single piece of information ourselves as the cost of doing so would be prohibitive and we do not wish to unnecessarily add to the cost of moving house. In accordance with the misrepresentation act, we are required to inform both potential vendors and purchasers, that from time to time both vendors and or purchasers, may be known by our staff, by way of previous customers, friends, neighbours, relatives, etc. Once you find the property you want to buy, you will need to carry out more investigations into the property than it is practical or reasonable for an estate agent to do when preparing sales particulars. For example, we have not carried out any kind of survey of the property to look for structural defects and would advise any homebuyer to obtain a surveyor's report before exchanging contracts. If you do not have your own surveyor, we would be pleased to recommend one. We have not checked whether any equipment in the property (such as central heating) is in working order and would advise homebuyers to check this. You should also instruct a solicitor to investigate all legal matters relating to the property (e.g. title, planning permission etc.,), as these are specialist matters in which estate agents are not qualified. Your solicitor will also agree with the seller what items (e.g. carpets, curtains etc.,) will be included in the sale.

Agent Details

Pestell & Co, Great Dunmow

01371 708214

Next Steps?

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