2 Bed Flat, Single Let, Stansted, CM24 8NE, £260,000

stoney Common, Stansted, CM24 8NE - 2 months ago

BTL
~57 m²
+10 photos

ValuationOvervalued

Sold Prices£187.5K - £315.5K
Sold Prices/m²£3.1K/m² - £4.9K/m²

 

 

Square Metres

~56.95 m²
Price/m²£4.6K/m²

Value Estimate

£222,905

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£14,700

Total Cash In

£79,700

 

 

Cash Out

 

Rent Range

£1,000 - £3,600

Rent Estimate

£1,081

Running Costs/mo

£1,049

Cashflow/mo

£32

Cashflow/yr

£388

ROI

0%

Gross Yield

5%

Local Sold Prices

41 sold prices from £187.5K to £315.5K, average is £270K. £3.1K/m² to £4.9K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£200K05/210.22 mi25, Manor Road, Stansted, Essex CM24 8NL2
£315.5K02/210.25 mi27b, Recreation Ground, Stansted, Essex CM24 8BD2
£270K07/210.29 mi14, Windmill Close, Stansted, Essex CM24 8GH2
£246K01/220.29 mi7, Windmill Close, Stansted, Essex CM24 8GH2
£270K07/210.29 mi14, Windmill Close, Stansted, Essex CM24 8GH2
£290K12/210.43 miFlat 6, St Stephens Court, Silver Street, Stansted, Essex CM24 8GA2
£285K06/220.43 miFlat 33, St Stephens Court, Silver Street, Stansted, Essex CM24 8GA2
£205K10/200.7 mi22, Coltsfield, Stansted, Essex CM24 8LH2
£205K02/210.91 mi107, Birchanger Lane, Birchanger, Bishop's Stortford, Essex CM23 5QF2
£260K12/201.94 miFlat 9, Belgrave Houses, Stortford Hall Park, Bishop's Stortford, Hertfordshire CM23 5AQ2
£275K05/212.18 mi15, Bryan Road, Bishop's Stortford, Hertfordshire CM23 2HR2
£280K12/222.22 mi70, Nightingales, Bishop's Stortford, Hertfordshire CM23 5JQ2
£280K07/232.22 mi74, Nightingales, Bishop's Stortford, Hertfordshire CM23 5JQ2
£285K11/202.22 mi43, Nightingales, Bishop's Stortford, Hertfordshire CM23 5JQ2
£280K07/212.22 mi86, Nightingales, Bishop's Stortford, Hertfordshire CM23 5JQ2
£274K06/212.24 mi38, Kingfisher Way, Bishop's Stortford, Hertfordshire CM23 2AZ2
£262.5K03/212.24 mi21, Kingfisher Way, Bishop's Stortford, Hertfordshire CM23 2AZ2
£275K05/212.24 mi39, Kingfisher Way, Bishop's Stortford, Hertfordshire CM23 2AZ2
£237.5K03/212.25 mi9, Cavell Drive, Bishop's Stortford, Hertfordshire CM23 5PW2
£237.5K03/212.25 mi9, Cavell Drive, Bishop's Stortford, Hertfordshire CM23 5PW2
£215K06/232.38 miFlat 12, Watsons Yard, Hadham Road, Bishop's Stortford, Hertfordshire CM23 2WH2
£210K05/232.39 miFlat 2, The Pump House, London Road, Bishop's Stortford, Hertfordshire CM23 5NA2
£312K07/212.56 mi48a, Portland Road, Bishop's Stortford, Hertfordshire CM23 3SJ2
£280K04/232.56 miFlat 12, Springfield Court, Hadham Road, Bishop's Stortford, Hertfordshire CM23 2QJ2
£268K12/222.56 miFlat 7, Springfield Court, Hadham Road, Bishop's Stortford, Hertfordshire CM23 2QJ2
£285K07/232.56 miFlat 19, Springfield Court, Hadham Road, Bishop's Stortford, Hertfordshire CM23 2QJ2
£310K04/212.58 miFlat 3, Hadham Court, Hadham Road, Bishop's Stortford, Hertfordshire CM23 2QQ2
£210K11/222.6 miFlat 3, St Catherines Court, Windhill, Bishop's Stortford, Hertfordshire CM23 2NE2
£227K11/212.61 miFlat 25, St Catherines Court, Windhill, Bishop's Stortford, Hertfordshire CM23 2NE2
£225K02/232.61 miFlat 14, St Catherines Court, Windhill, Bishop's Stortford, Hertfordshire CM23 2NE2
£187.5K02/232.61 miFlat 35, St Catherines Court, Windhill, Bishop's Stortford, Hertfordshire CM23 2NE2
£200K09/212.61 miFlat 18, St Catherines Court, Windhill, Bishop's Stortford, Hertfordshire CM23 2NE2
£240K03/212.62 miFlat 6, Apton Court, Apton Road, Bishop's Stortford, Hertfordshire CM23 3UA2
£271K06/212.63 miFlat 11, Cygnet Court, Stort Road, Bishop's Stortford, Hertfordshire CM23 3EG2
£235K05/212.63 mi9, Wharf Place, Bishop's Stortford, Hertfordshire CM23 3YS2
£205K12/202.65 mi34, Trinity Way, Bishop's Stortford, Hertfordshire CM23 3UB2
£265K03/232.77 mi26, Tanners Wharf, Bishop's Stortford, Hertfordshire CM23 3FD2
£285K07/212.79 miFlat 5, Island Court, London Road, Bishop's Stortford, Hertfordshire CM23 3LE2
£280K05/212.79 miFlat 12, Island Court, London Road, Bishop's Stortford, Hertfordshire CM23 3LE2
£282K01/232.91 miFlat 6, Whitepost Court, South Road, Bishop's Stortford, Hertfordshire CM23 3GY2
£274K03/212.91 miFlat 2, Whitepost Court, South Road, Bishop's Stortford, Hertfordshire CM23 3GY2

Local Rents

19 rents from £1K/mo to £3.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25012/240.05 miRochford Close, Stansted, Essex, CM242
£1,39507/240.07 mi-2
£1,00012/240.19 miPines Hill, Stansted, CM242
£1,10012/240.22 miManor Road, Stansted, CM242
£1,40009/230.28 mi-2
£1,60003/250.32 mi-2
£1,05012/240.36 miSpencer House, Stansted Mountfitchet, CM242
£1,07512/240.36 miSilver Street, Stansted, CM242
£1,20012/240.39 miBakery Court, Stansted Mountfitchet.2
£1,20012/240.39 miBakery Court, Stansted, CM242
£1,30012/240.4 miCastle Walk, Stansted Mountfitchet, CM242
£1,30012/240.4 miCastle Walk, Stansted Mountfitchet, CM242
£1,20007/230.41 mi-2
£1,25003/250.41 mi-2
£3,60003/230.41 mi-2
£1,35012/240.43 miSt Stephens Court, Stansted, Essex, CM242
£1,50012/240.43 miSilver Street, Stansted, Essex, CM242
£1,20012/240.46 miHermitage House, Bentfield Road, Stansted, Essex, CM242
£1,75012/240.5 miCambridge Road, Stansted, Essex, CM242

Local Area Statistics

Population in CM24

6,736

Population in Stansted

6,752

Town centre distance

0.37 miles away

Nearest school

0.20 miles away

Nearest train station

0.30 miles away

 

 

Rental growth (12m)

-29%

Sales demand

Balanced market

Property History

Price changed to £260,000

February 4, 2025

Listed for £270,000

January 10, 2025

Floor Plans

Description

  • Share of Freehold +
  • TWO DOUBLE BEDROOMS +
  • Sunny Lounge +
  • Balcony +
  • Allocated Parking +
  • NO CHAIN +
  • Great Size Home +
  • Private Loft +

Excellent flat. TWO DOUBLE bedrooms, with sunny lounge and direct access to balcony. Modern Kitchen with space for fridge-freezer and dishwasher. SHARE of FREEHOLD with low maintenance and NO GROUND RENT. Private allocated PARKING SPACE. PRIVATE loft. Stansted is a lovely area to live and while is a small town has a village feel. Close by is BIshop's Stortford with everything you could need. The station is approximately 7 minutes walk

Entrance Hall Doors to all rooms. Storage cupboard. Loft access

Lounge / Diner 14'6" x 11'10" (4.40m x 3.61m) Access to SUNNY Balcony and Kitchen

Kitchen 9'10" x 7'1" (3.0m x 2.15m) Modern kitchen with window to front aspect

Bedroom One 12'9" x 12'7" (3.89m x3.83m) Good size double with window to side aspect

Bedroom Two 11'2" x 10'1" (3.41m x3.08m) 2nd double bedroom with window to side aspect

Family size Bathroom - Roll top style bath, separate shower cubicle, close coupled W/C and pedestal wash hand basin

Allocated Parking Space

Outside storage 5'1" x3'2" (1.56m x 0.96) Ideal for extra storage

Agent Details

iad, Nationwide

03330 382150

Next Steps?

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