2 Bed Flat, Single Let, Halstead, CO9 1NW, £199,995

Holmes Road, Halstead, Essex, CO9 1NW - 1 views - 3 months ago

Leasehold
BTL
ROI: 1%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£110K - £291.5K
Sold Prices/m²£2.1K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£193,720

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£49,999

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,199

 

 

Cash Out

 

Rent Range

£825 - £4,435

Rent Estimate

£895

Running Costs/mo

£824

Cashflow/mo

£71

Cashflow/yr

£852

ROI

1%

Gross Yield

5%

Local Sold Prices

21 sold prices from £110K to £291.5K, average is £166K. £2.1K/m² to £3.8K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£136.5K11/200.12 mi47a, Parker Way, Halstead, Essex CO9 1NT2
£155K11/200.17 mi77, White Horse Avenue, Halstead, Essex CO9 1AN2
£170K07/220.18 miFlat 4, Courtlands, Abels Road, Halstead, Essex CO9 1UT2
£141.5K09/210.19 miFlat 14, Courtlands, Abels Road, Halstead, Essex CO9 1UT2
£110K03/230.23 mi22, Knowles Close, Halstead, Essex CO9 1BZ2
£185K04/230.28 mi7a, New Street, Halstead, Essex CO9 1DD2
£142.5K07/210.39 mi126, Mill Bridge, Halstead, Essex CO9 2TD2
£170K04/230.39 mi104, Mill Bridge, Halstead, Essex CO9 2TD2
£170K02/230.4 mi84, Mill Bridge, Halstead, Essex CO9 2TD2
£160K06/220.4 mi138, Mill Bridge, Halstead, Essex CO9 2TD2
£147K07/220.4 mi70, Mill Bridge, Halstead, Essex CO9 2LP2
£178K05/230.4 mi66, Mill Bridge, Halstead, Essex CO9 2LP2
£127.5K04/210.49 miFlat 52, Riverside Court, Rosemary Lane, Halstead, Essex CO9 1FD2
£130K05/210.5 miFlat 12, Parsons Court, St Andrews Road, Halstead, Essex CO9 2TF2
£177K03/210.51 mi4, Beridge Mews, Halstead, Essex CO9 1FG2
£291.5K07/230.52 miFlat 5, Congregation House, Parsonage Street, Halstead, Essex CO9 2JW2
£165K01/230.56 mi18, Elizabeth Way, Halstead, Essex CO9 2DT2
£190K07/230.59 mi41, Evans Court, Halstead, Essex CO9 2GE2
£270K09/210.76 mi2, North Mill Place, Halstead, Essex CO9 2FA2
£190K06/220.8 mi32, Colne Road, Halstead, Essex CO9 2HU2
£166K08/220.86 miFlat 2, Coggeshall Pieces, Colne Road, Halstead, Essex CO9 2HP2

Local Rents

16 rents from £825/mo to £4.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.09 miSt. James Close, Halstead, Essex, CO92
£4,43512/240.2 mi Kings Road, Halstead, CO92
£1,65012/240.25 mi-2
£1,60003/250.25 mi-2
£1,80011/240.25 mi-2
£1,70003/250.25 mi-2
£89512/240.25 miTrinity Road, Halstead2
£89512/240.28 miTrinity Road, Halstead, Essex, CO92
£1,10012/240.28 miNew Street, Halstead, Essex, CO92
£89512/240.28 miNew Street, Halstead, Essex, CO92
£1,10012/240.32 mi-2
£89512/240.39 miMillbridge, Halstead2
£82512/240.46 miParsons Court, Halstead2
£1,00012/240.49 miHarper Lane, HALSTEAD2
£95003/250.58 mi-2
£1,15012/240.58 miStanley Road, Halstead2

Local Area Statistics

Population in CO9

25,162

Town centre distance

0.41 miles away

Nearest school

0.40 miles away

Nearest train station

5.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Listed for £199,995

January 17, 2025

Floor Plans

Description

  • TWO BEDROOM APARTMENT +
  • GROUND FLOOR +
  • PRIVATE REAR GARDEN +
  • FRONT GARDEN +
  • COMMUNAL RESIDENT PARKING +
  • LOUNGE DINER +
  • KITCHEN +
  • SHOWER ROOM +
  • CLOSE TO LOCAL CO-OP STORE +
  • CLOSE TO PLAYING FIELD +

Situated only a stone throw from a local playing field and Co-Op store, this two bedroom, ground floor apartment boasts a sizeable front and rear garden, lounge diner, communal resident parking, and shower room.

The property comprises of:

Entrance Hall
Lounge Diner: 15'5 max X 11'9 max
Kitchen: 13'7 max X 10'8 max
Bedroom One: 11'9 max X 11'9 max PLUS fitted wardrobe
Bedroom Two: 10'1 max X 9'2 max PLUS fitted wardrobe
Shower Room

Private Rear Garden
Front Garden
Communal Resident Parking

Entering a communal hallway, located on the ground floor, a front door gives immediate access into the entrance hall.

Stepping into the family home, a sizeable entrance hall gives way to the shower room, bedroom one, bedroom two, lounge diner, and kitchen.

Our seller currently uses bedroom one as their lounge due to it's ideal size and fitted wardrobes acting as a storage cupboard. They also use the lounge diner as their dining room as a sizeable reception room it is ideal for our seller entertaining.

And the kitchen provides a fine range of base and wall mounted units, sunken sink and drainer unit, space for appliances, and a window to the rear elevation overlooks your private garden.

Outside, and the rear garden is accessed via a communal footpath, but the main area of the gardens are private and include a sizeable lawn area. There is also a side alleyway, and front garden to maintain.

Plus, there is residents communal parking to a carpark opposite the main block.

NB All opinions of our Inspecting Negotiator.

Disclaimer:
We make every effort to ensure these property particulars are accurate, as to the best of the vendors' knowledge and they should not be referred to as fact. They are a general guide to the property, not part of any offer nor contract, and all measurements are approximate. We also confirm that we have not tested any equipment, appliances nor services and therefore recommend you instruct your own survey reports. Where floor plans are provided, these are for illustrative purposes only, whilst every attempt has been made to ensure the accuracy of the floor plan, placement of windows, doors and any other items are approximate and no responsibility is taken for any error, misstatement or omission.

Agent Details

ST. GEORGE PROPERTY GROUP, Halstead

01787 321001

Next Steps?

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