2 Bed Terraced House, Refurb/BRRR, Halstead, CO9 3DR, £210,000

Nunnery Street, Castle Hedingham, Halstead, CO9 3DR - 3 views - 2 months ago

Refurb/BRRR
ROI: 3%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£139.2K - £500K
Sold Prices/m²£2.5K/m² - £4.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£225,000

 

 

End Value (After Refurb)

£227,636

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,950

Refurb Costs

£32,670

Bridging Loan Interest

£5,513

Total Cash In

£100,383

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£227,636

Mortgage (After Refinance)

£170,727

Mortgage LTV

75%

Cash Released

£13,227

Cash Left In

£87,156

Equity

£56,909

Rent Range

£695 - £4,750

Rent Estimate

£1,253

Running Costs/mo

£982

Cashflow/mo

£271

Cashflow/yr

£3,252

ROI

3%

Gross Yield

7%

Local Sold Prices

33 sold prices from £139.2K to £500K, average is £245K. £2.5K/m² to £4.6K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£210K11/200.01 mi89, Nunnery Street, Castle Hedingham, Halstead, Essex CO9 3DR2
£500K07/230.13 mi81, Nunnery Street, Castle Hedingham, Halstead, Essex CO9 3DP2
£279.5K04/210.38 mi3, Crown Street, Castle Hedingham, Halstead, Essex CO9 3DB2
£279.5K04/210.38 mi3, Crown Street, Castle Hedingham, Halstead, Essex CO9 3DB2
£236K11/220.46 mi33, Bayley Street, Castle Hedingham, Halstead, Essex CO9 3DG2
£220K06/210.6 mi8, Abbey Meadow, Sible Hedingham, Halstead, Essex CO9 3QS2
£228K10/200.6 mi15, Abbey Meadow, Sible Hedingham, Halstead, Essex CO9 3QS2
£250K11/210.6 mi48, Abbey Meadow, Sible Hedingham, Halstead, Essex CO9 3QS2
£235K10/200.62 mi12, Charlton Close, Sible Hedingham, Halstead, Essex CO9 3QF2
£245K07/210.65 mi26, Friars Close, Sible Hedingham, Halstead, Essex CO9 3QX2
£193.5K07/210.65 mi17, Friars Close, Sible Hedingham, Halstead, Essex CO9 3QX2
£265K12/220.65 mi3, Friars Close, Sible Hedingham, Halstead, Essex CO9 3QX2
£230K06/210.65 mi28, Friars Close, Sible Hedingham, Halstead, Essex CO9 3QX2
£340K12/200.66 mi10, Castle Meadow, Sible Hedingham, Halstead, Essex CO9 3PZ2
£315K07/230.86 mi18, Brook Terrace, Sible Hedingham, Halstead, Essex CO9 3PS2
£231.5K05/210.9 mi36, Summerfields, Sible Hedingham, Halstead, Essex CO9 3HS2
£256K04/230.96 mi31, Alexandra Road, Sible Hedingham, Halstead, Essex CO9 3ND2
£171.5K09/211.03 mi3, Gibson Road, Sible Hedingham, Halstead, Essex CO9 3JE2
£240K12/201.03 mi15, Gibson Road, Sible Hedingham, Halstead, Essex CO9 3JE2
£220K05/231.03 mi11, Gibson Road, Sible Hedingham, Halstead, Essex CO9 3JE2
£335K12/201.04 mi6, Recreation Ground, Sible Hedingham, Halstead, Essex CO9 3JD2
£370K03/211.08 mi21, School Road, Sible Hedingham, Halstead, Essex CO9 3NR2
£233K08/211.09 mi6, Wethersfield Road, Sible Hedingham, Halstead, Essex CO9 3LB2
£224K03/211.09 mi8, Wethersfield Road, Sible Hedingham, Halstead, Essex CO9 3LB2
£270K04/211.09 mi20, Spring Way, Sible Hedingham, Halstead, Essex CO9 3SB2
£271K11/201.14 mi107, Hawkwood Road, Sible Hedingham, Halstead, Essex CO9 3JS2
£271K11/201.14 mi107, Hawkwood Road, Sible Hedingham, Halstead, Essex CO9 3JS2
£220K06/211.14 mi11, Colne Road, Sible Hedingham, Halstead, Essex CO9 3JP2
£236K08/211.14 mi17, Sparrow Close, Sible Hedingham, Halstead, Essex CO9 3JU2
£260K02/231.18 mi23, Alderford Street, Sible Hedingham, Halstead, Essex CO9 3HX2
£262K11/201.22 mi57, Hawkwood Road, Sible Hedingham, Halstead, Essex CO9 3JR2
£260K03/211.8 mi13, Toppesfield Road, Great Yeldham, Halstead, Essex CO9 4HB2
£139.2K05/211.85 mi6, Poplar Close, Great Yeldham, Halstead, Essex CO9 4HA2

Local Rents

26 rents from £695/mo to £4.8K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£95012/240.01 miCastle Hedingham, Halstead, Essex2
£1,70001/250.02 mi-2
£99512/240.38 miCrown Street, Castle Hedingham2
£1,05012/240.39 miPye Corner, Castle Hedingham3
£1,89512/240.5 miCastle Hedingham, Halstead4
£1,65002/250.54 mi-3
£1,29512/240.56 miBayley Street, Castle Hedingham, Halstead2
£90012/240.59 miNorman Close, CO92
£1,30012/240.6 mi-3
£70001/250.7 mi-1
£69512/240.79 miSwan Street, Sible Hedingham1
£77512/240.91 miSwan Street, Sible Hedingham, CO91
£89512/240.94 miSummerfields, Sible Hedingham2
£1,79512/240.98 miCastle Hedingham, Halstead3
£1,15012/241.02 miSwan Street, Sible Hedingham2
£1,15012/241.02 miSwan Street, Sible Hedingham3
£99512/241.29 mi-1
£99503/251.32 mi-1
£85004/241.42 mi-1
£85002/241.42 mi-1
£85012/241.42 mi-1
£85012/241.42 miBraintree Road, Sible Hedingham, Halstead, CO91
£99509/231.43 mi-1
£4,75012/241.47 mi-5
£1,10012/241.76 miCherry Lane, Great Yeldham, HALSTEAD2
£1,20012/242.02 miCarleton Close, Great Yeldham3

Local Area Statistics

Population in CO9

25,162

Town centre distance

3.94 miles away

Nearest school

0.30 miles away

Nearest train station

7 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Price changed to £210,000

April 5, 2025

Listed for £225,000

January 31, 2025

Floor Plans

Description

    • No Onward Chain! End-of-terrace cottage in Castle Hedingham. +
    • Built in 1890: Full of charm and ready for modernisation. +
    • Spacious Layout: Living room, kitchen-diner, 2 bedrooms, and bathroom. +
    • Courtyard Garden: With convenient side access. +
    • Prime Location: Peaceful road near local amenities and Hedingham Castle. +
    • Priced to Sell: Ideal for first-time buyers or investors. +

NO ONWARD CHAIN! Set in the heart of the picturesque and sought-after village of Castle Hedingham, this delightful end-of-terrace cottage offers a unique opportunity to create your dream home. Dating back to 1890, the property exudes character and charm, priced realistically to sell makes this a rare find in this desirable location.

In need of modernisation, this property invites you to unlock its full potential. The layout features a cosy living room at the front of the house and a spacious kitchen-diner to the rear, ideal for family meals and entertaining. Upstairs, you’ll find two generously sized bedrooms and a family bathroom.

The cottage also benefits from a charming courtyard garden at the rear, complete with side access to the front—offering convenience and practicality.

Located on Nunnery Street, a highly regarded and peaceful road, the property is perfectly positioned to enjoy all that the enchanting village of Castle Hedingham has to offer. With its historic charm, beautiful countryside, and vibrant community, it’s no wonder this location is so highly sought after.

Priced exceptionally well to sell, this is an incredible opportunity for first-time buyers, investors, or those looking to create their forever home. Don’t miss out—schedule your viewing today!

Castle Hedingham is a small but very popular village developed around the famous Hedingham Castle with a population of approximately 1,200 residents. The village has 3 pubs, doctors surgery, tennis club, primary school, village shop and hourly buses to get to the larger neighbouring towns. Sible Hedingham is approximately a minute drive away which has more comprehensive facilities including a secondary school. Braintree is a 20 minute drive away with its train service to London's Liverpool Street and the A120 dual carriageway leading to Stansted Airport and the M11.

Agent Details

Leaders Sales, Halstead

01787 322229

Next Steps?

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