2 Bed Flat, Single Let, Haverhill, CB9 8JY, £150,000

211 Camps Road, Haverhill, CB9 8JY - 3 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²

ValuationUndervalued

Sold Prices£165K - £285K
Sold Prices/m²£2.7K/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£183,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£800 - £1,250

Rent Estimate

£813

Running Costs/mo

£651

Cashflow/mo

£162

Cashflow/yr

£1,940

ROI

4%

Gross Yield

7%

Local Sold Prices

6 sold prices from £165K to £285K, average is £186.3K. £2.7K/m² to £3.3K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£165K10/200.56 mi32, Manor Farm Close, Haverhill, Suffolk CB9 8QN2
£187.5K05/220.56 mi23, Manor Farm Close, Haverhill, Suffolk CB9 8QN2
£285K02/210.68 mi9, Beaumont Court, Haverhill, Suffolk CB9 8EL2
£185K08/210.77 mi1, Sperling Drive, Haverhill, Suffolk CB9 9SG2
£167.5K04/211.43 mi27, Fleming Way, Withersfield, Haverhill, Suffolk CB9 7SQ2
£202K08/231.43 mi27, Fleming Way, Withersfield, Haverhill, Suffolk CB9 7SQ2

Local Rents

24 rents from £800/mo to £1.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£92504/240.06 miCamps Road, Haverhill2
£82503/240.06 miDrakes Yard, Haverhill2
£99512/230.12 mi-2
£87505/240.18 mi-2
£1,00003/240.2 miCrowland Road, Haverhill, Suffolk, CB92
£1,19501/240.23 mi-2
£1,20002/240.25 mi-2
£1,10003/250.26 mi-2
£1,00003/240.26 mi-2
£1,10009/240.26 mi-2
£1,00001/250.26 mi-2
£1,00001/250.26 mi-2
£1,00003/250.26 mi-2
£1,00003/250.26 mi-2
£85004/240.3 miWithersfield Road, Haverhill, Suffolk, CB92
£1,05004/240.33 miMount Terrace, Haverhill2
£80002/240.33 mi-2
£89504/230.35 mi-2
£1,25004/250.39 mi-2
£85001/240.43 mi-2
£92503/240.44 mi-2
£89503/240.44 miWaters Edge, Withersfield Road, Haverhill2
£92503/240.49 miSt. James Court, Haverhill, Suffolk, CB92
£1,02505/240.61 miOld Rope Walk, Haverhill2

Local Area Statistics

Population in CB9

32,845

Town centre distance

0.10 miles away

Nearest school

0.10 miles away

Nearest train station

8.73 miles away

 

 

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+8%

Property History

Listed for £150,000

January 10, 2025

Floor Plans

Description

  • Two Bedrooms +
  • Lounge/Diner +
  • Secure Gated Parking +
  • Close Proximity To Town Centre +
  • Leasehold +
  • Council Tax Band B +

A two bedroom ground floor apartment located within easy walking distance of in the town centre. The property enjoys a spacious sitting / dining room with double aspect and secure gated parking. (EPC Rating C).

Haverhill is a thriving and popular market town and is one of the most convenient towns for access to Cambridge (17 miles), London Stansted Airport (around 30 minutes drive) and the M11 corridor. There is a mainline rail station at Audley End (12 miles) direct in to London Liverpool Street.

Despite its excellent road links, Haverhill remains a relatively affordable place to buy and rent a property. Continuing private and public investment into the town to provides it with growing residential, commercial and leisure facilities.

Current facilities include High Street shopping with a popular twice weekly market, out of town shopping, public houses, cafes, restaurants, social clubs and hotels, a well-respected 18 hole golf course, a comprehensive nursery and schooling system, a well used sports centre with all weather pitches, gymnasia, churches of various denominations and much more. The town centre is attracting a growing number of national chains and there is also a town centre multiplex cinema complex with associated eateries.

ENTRANCE HALL Door to Airing cupboard, door to:

BEDROOM 2 2.98m x 2.06m (9'9" x 6'9") Window.

BEDROOM 1 4.14m x 3.00m (13'7" x 9'10") Window.

BATHROOM Fitted with three piece suite comprising panelled bath with shower over, pedestal wash hand basin and low-level WC, extractor fan.

LOUNGE/DINER 5.16m x 3.66m (16'11" x 12') Two windows, open plan to:

KITCHEN 2.69m x 2.14m (8'10" x 7') Titted with a matching range of base and eye level units and cupboards, stainless steel sink, plumbing for washing machine, space for fridge/freezer, electric oven, four ring electric hob with extractor hood over.

ALLOCATED PARKING The property has the benefit of an allocated parking space, within a secure gated parking area to the rear of the building.

AGENTS NOTE - For more information on this property, please refer to the Material Information brochure that can be found on our website.
Tenure - Leasehold

LEASE DETAILS We have been made aware that the length of the lease is 125 years from 2004, 105 years remaining.

SERVICES & MAINTENANCE CHARGES The current service/ maintenance charge for is £1,040.71 p.a. The includes the buildings insurance. The current ground rent is £100 p.a. we have been advised this is to increase £100 every 25 years as per the lease.

VIEWINGS By appointment through the Agents.

SPECIAL NOTES 1. None of the fixtures and fittings are included in the sale unless specifically mentioned in these particulars.
2. Please note that none of the appliances or the services at this property have been checked and we would recommend that these are tested by a qualified person before entering into any commitment. Please note that any request for access to test services is at the discretion of the owner.
3. Floorplans are produced for identification purposes only and are in no way a scale representation of the accommodation.

Agent Details

Cheffins Residential, Haverhill

01440 840459

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