3 Bed Terraced House, Planning Permission, Dunmow, CM6 2AA, £335,000

The Causeway, Great Dunmow, CM6 2AA - 2 months ago

Planning
ROI: 1%
~93 m²
+14 photos

ValuationFair Value

Sold Prices£250K - £601.6K
Sold Prices/m²£2.8K/m² - £10.7K/m²

 

 

Square Metres

~93 m²
Price/m²£3.6K/m²

Value Estimate

£338,350

 

 

End Value (After Refurb)

£375,321

Uplift in Value

+12%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£83,750

Stamp Duty & Legal Fees

£24,700

Refurb Costs

£44,800

Bridging Loan Interest

£8,794

Total Cash In

£163,794

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£375,321

Mortgage (After Refinance)

£281,491

Mortgage LTV

75%

Cash Released

£30,241

Cash Left In

£133,553

Equity

£93,830

Rent Range

£1,500 - £1,900

Rent Estimate

£1,713

Running Costs/mo

£1,535

Cashflow/mo

£178

Cashflow/yr

£2,130

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £250K to £601.6K, average is £382.5K. £2.8K/m² to £10.7K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£365K06/210.08 mi158, Godfrey Way, Dunmow, Essex CM6 2SQ3
£250K02/230.09 mi148, Godfrey Way, Dunmow, Essex CM6 2SQ3
£279.3K10/200.11 mi29, The Downs, Dunmow, Essex CM6 1DT3
£322.5K03/210.11 mi26, Counting House Lane, Great Dunmow, Dunmow, Essex CM6 1BX3
£325K07/210.11 mi25, Counting House Lane, Great Dunmow, Dunmow, Essex CM6 1BX3
£365K04/230.11 mi23, Counting House Lane, Great Dunmow, Dunmow, Essex CM6 1BX3
£367.5K11/220.12 mi11, Counting House Lane, Great Dunmow, Dunmow, Essex CM6 1BX3
£440K04/230.16 mi2, Berbice Lane, Dunmow, Essex CM6 2AZ3
£425K03/210.16 mi13, Berbice Lane, Dunmow, Essex CM6 2AZ3
£300K04/210.18 mi6, Gibbons Court, Dunmow, Essex CM6 1BZ3
£450K04/210.18 mi3a, The Downs, Great Dunmow, Dunmow, Essex CM6 1DS3
£402.5K03/210.18 mi2, The Downs, Dunmow, Essex CM6 1DS3
£325K06/210.21 mi8, Knights Way, Dunmow, Essex CM6 1UL3
£452K04/210.22 mi6, The Maltings, Dunmow, Essex CM6 1BY3
£430K06/210.22 mi67, The Maltings, Dunmow, Essex CM6 1BY3
£385K12/200.22 mi19, The Maltings, Dunmow, Essex CM6 1BY3
£515K01/230.22 mi6, The Maltings, Dunmow, Essex CM6 1BY3
£363K11/200.24 mi3, Rosemary Close, Dunmow, Essex CM6 1DP3
£325K06/210.25 mi13, Maynard Close, Dunmow, Essex CM6 1UP3
£480K12/210.27 mi7, Emblems, Dunmow, Essex CM6 2AG3
£372K12/220.28 mi17, Stortford Road, Dunmow, Essex CM6 1DA3
£315K05/210.28 mi1, Mill Lane, Dunmow, Essex CM6 1BG3
£368K04/210.3 mi6, The Mead, Dunmow, Essex CM6 2PD3
£510K07/230.3 mi20, The Mead, Dunmow, Essex CM6 2PD3
£575K06/210.3 miHolm Oak, Stortford Road, Dunmow, Essex CM6 1DJ3
£266.3K03/210.32 mi71, Willow Road, Dunmow, Essex CM6 1WD3
£390K12/220.32 mi8, Chequers Lane, Dunmow, Essex CM6 1EQ3
£310K11/200.33 mi3, St Edmunds Fields, Dunmow, Essex CM6 2AL3
£434K10/220.33 mi40, Rowan Way, Dunmow, Essex CM6 1PW3
£355K06/210.33 mi14, Rowan Way, Dunmow, Essex CM6 1PW3
£350K01/210.34 mi15, St Edmunds Fields, Dunmow, Essex CM6 2AN3
£442.5K01/210.36 mi12, Holly Close, Dunmow, Essex CM6 1LU3
£400K04/210.36 mi13, Venmore Drive, Dunmow, Essex CM6 1HN3
£425K09/210.36 mi4, Venmore Drive, Dunmow, Essex CM6 1HN3
£315K10/200.36 mi36, Venmore Drive, Dunmow, Essex CM6 1HN3
£322K12/200.36 mi44, Venmore Drive, Dunmow, Essex CM6 1HN3
£390K05/230.37 mi22, Tenterfields, Dunmow, Essex CM6 1HJ3
£485K12/220.38 mi15, Rowan Way, Dunmow, Essex CM6 1UT3
£601.6K11/220.39 mi1, Millers Croft, Dunmow, Essex CM6 3AY3
£385K03/210.39 mi31, Weavers Close, Great Dunmow, Dunmow, Essex CM6 1FR3
£415K11/220.4 mi18, St Edmunds Lane, Dunmow, Essex CM6 2AJ3
£425K12/220.4 mi20, Windmill Close, Dunmow, Essex CM6 3AX3
£530.3K11/220.4 mi5, Windmill Close, Dunmow, Essex CM6 3AX3
£360K01/230.42 mi2, Weavers Close, Dunmow, Essex CM6 1FR3
£373K02/210.42 mi12, Cherry Crescent, Dunmow, Essex CM6 1TX3
£380K04/210.42 mi18, Hazel Close, Dunmow, Essex CM6 1TP3
£371K01/210.43 mi21, Cherry Crescent, Dunmow, Essex CM6 1TZ3
£425K11/220.43 mi2, Church End Villas, Dunmow, Essex CM6 2AQ3
£400K06/210.44 mi22, Chelmer Drive, Dunmow, Essex CM6 1HL3
£370K02/210.44 mi41, Tenterfields, Dunmow, Essex CM6 1HJ3

Local Rents

10 rents from £1.5K/mo to £1.9K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,65012/240.11 miThe Downs, Dunmow3
£1,90002/250.38 mi-3
£1,50012/240.42 miAcacia Drive, DUNMOW, Essex3
£1,65012/240.55 miNew Street Fields, Dunmow, Essex, CM63
£1,72512/230.67 mi-3
£1,90001/250.67 mi-3
£1,75012/240.68 mi-3
£1,70012/240.68 mi-3
£1,70012/240.68 mi-3
£1,65012/240.9 miGuelder Rose, CM63

Local Area Statistics

Population in CM6

24,916

Population in Dunmow

24,925

Town centre distance

0.78 miles away

Nearest school

0.40 miles away

Nearest train station

4.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+47%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Price changed to £335,000

March 16, 2025

Price changed to £340,000

February 24, 2025

Listed for £350,000

January 30, 2025

Floor Plans

Description

  • NO ONWARD CHAIN +
  • 3 BEDROOM MID-TERRACED HOUSE +
  • DINING ROOM +
  • LIVING ROOM +
  • KITCHEN +
  • DOWNSTAIRS FAMILY BATHROOM +
  • 75 FT REAR GARDEN WITH HARDSTANDING FOR SHED +
  • TERRACED PATIO WITH SUMMER HOUSE +
  • WALKING DISTANCE TO TOWN CENTRE +

We are pleased to offer, with no onward chain, this three bedroom mid-terraced property located within walking distance of the town centre and recreation ground. The ground floor accommodation offers a kitchen, dining room with access to rear garden, living room with feature bay window to front and stairs to first floor, there is also a ground floor bathroom. The first floor offers three double bedrooms and access to a loft that has the potential of conversion stpp. The rear garden is split into a hardstanding utility area with shed base and steps up to lawn and patio with summerhouse.

With obscure glazed uPVC entrance door opening into; 

Entrance Hall With wall mounted radiator, ceiling lighting, power points, tiled flooring, alcove for shoe and coat storage, door and opening to rooms. 

Ground Floor Family Bathroom Comprising a three piece suite of panel enclosed bath with twin taps, integrated shower over, full tiled surround with glazed shower screen, pedestal wash hand basin with twin taps, close coupled WC, wall mounted chromium heated towel rail, ceiling lighting, extractor fan, obscure window to side, tiled flooring. 

Kitchen Comprising an array of eye and base level cupboards and drawers with complimentary granite effect worksurface, mosaic tiled splashback, 1 1/2 bowl single drainer stainless steel sink unit with mixer tap, 4-ring gas hob with stainless steel extractor fan above and oven under, recess and power for fridge-freezer, recess power and plumbing for washing machine, wall mounted combination boiler, window to side, ceiling lighting, array of power points, tiled flooring, opening through to; 

Dining Room 12´1" x 8´11" With further glazed door to rear garden, wall mounted lighting, wall mounted radiator, ornate leaded window, TV and power points, tile effect linoleum flooring, understairs storage cupboard, opening through to; 

Living Room 13´10" into bay x 12´1" With feature bay window and further window to front, stone surround and brick hearth gas fireplace, wall mounted lighting, cupboard housing fuseboard, TV and power points, wall mounted radiator, fitted carpet, stairs rising to first floor landing. 

First Floor Landing With access to loft, ceiling lighting, smoke alarm, wall mounted radiator, fitted carpet, doors to rooms. 

Bedroom 1 - 14´1" x 11´8" With window to front, storage cupboard, power points, wall mounted radiator, fitted carpet. 

Bedroom 2 - 10´4" x 8´10" With window overlooking rear garden, wall mounted radiator, ceiling lighting, fitted carpet, storage cupboard with further access to loft. 

Bedroom 3 - 9´11" x 7´10" With window to rear, ceiling lighting, wall mounted radiator, power points, fitted carpet. 

The Front The front of the property is approached via a metal railing and brick wall edged paved frontage with shared archway pathway leading through to; 

Rear Garden Split into an initial hard-standing utility area with steps rising up to lawn, patio and summerhouse to rear, all retained by close boarded fencing, outside lighting and water points can also be found. 

Location The Causeway is located within Dunmow, which offers schooling for both Junior and Senior year groups, boutique shopping and recreational facilities within walking distance. Dunmow 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: We believe the information provided in this brochure is accurate as of the date 30/01.2025. 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?

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