3 Bed Semi-Detached House, Single Let, Halstead, CO9 3DS, £200,000

Park Vale Close, Castle Hedingham, Halstead, CO9 3DS - 2 months ago

Auction
BTL
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£226K - £520K
Sold Prices/m²£2.7K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£242,000
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£695 - £4,750

Rent Estimate

£756

Running Costs/mo

£796

Cashflow/mo

£-40

Cashflow/yr

£-482

Gross Yield

5%

Local Sold Prices

30 sold prices from £226K to £520K, average is £290K. £2.7K/m² to £4.4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£262.5K11/200 mi19, Park Vale Close, Castle Hedingham, Halstead, Essex CO9 3DS3
£285K05/230 mi2, Park Vale Close, Castle Hedingham, Halstead, Essex CO9 3DS3
£240K11/200 mi7, Park Vale Close, Castle Hedingham, Halstead, Essex CO9 3DS3
£283.5K01/210.09 mi21, Nunnery Street, Castle Hedingham, Halstead, Essex CO9 3DN3
£290K12/210.19 mi7, Church Lane, Castle Hedingham, Halstead, Essex CO9 3DA3
£345K12/200.33 mi34, St James Street, Castle Hedingham, Halstead, Essex CO9 3EW3
£475K02/230.42 miBridgemead, 55, Station Road, Sible Hedingham, Halstead, Essex CO9 3QD3
£314K12/200.44 mi3, New Park, Castle Hedingham, Halstead, Essex CO9 3HH3
£296K11/200.57 mi11, Station Road, Sible Hedingham, Halstead, Essex CO9 3QA3
£294.9K12/200.57 mi37, Station Road, Sible Hedingham, Halstead, Essex CO9 3QA3
£317.5K06/230.59 mi2, Yeldham Road, Sible Hedingham, Halstead, Essex CO9 3QJ3
£276.5K05/210.59 mi23, Yeldham Road, Sible Hedingham, Halstead, Essex CO9 3QJ3
£240K07/230.64 mi11, Oxford Meadow, Sible Hedingham, Halstead, Essex CO9 3QN3
£250K03/210.69 mi8, Charlton Close, Sible Hedingham, Halstead, Essex CO9 3QF3
£250K03/210.69 mi8, Charlton Close, Sible Hedingham, Halstead, Essex CO9 3QF3
£360K08/210.74 mi3, Abbey Meadow, Sible Hedingham, Halstead, Essex CO9 3QS3
£290K01/210.77 mi25, Graysmead, Sible Hedingham, Halstead, Essex CO9 3PA3
£255K10/200.78 mi15, Graysmead, Sible Hedingham, Halstead, Essex CO9 3NY3
£377.5K09/210.79 mi19, Castle Meadow, Sible Hedingham, Halstead, Essex CO9 3PZ3
£290K11/210.8 mi27, Graysmead, Sible Hedingham, Halstead, Essex CO9 3PB3
£298K06/210.81 mi2, Beech Grove, Sible Hedingham, Halstead, Essex CO9 3NZ3
£335K03/210.83 mi19, Hogarth Court, Sible Hedingham, Halstead, Essex CO9 3FA3
£226K03/210.89 mi17, Brook Terrace, Sible Hedingham, Halstead, Essex CO9 3PS3
£319.9K09/220.89 mi12, Brook Terrace, Sible Hedingham, Halstead, Essex CO9 3PS3
£248K02/210.89 mi4, Brook Terrace, Sible Hedingham, Halstead, Essex CO9 3PS3
£275K05/210.89 mi6, Brook Terrace, Sible Hedingham, Halstead, Essex CO9 3PS3
£350K09/210.94 mi139, Swan Street, Sible Hedingham, Halstead, Essex CO9 3PP3
£247.5K11/210.98 mi47, Church Street, Sible Hedingham, Halstead, Essex CO9 3NT3
£520K11/200.98 mi53, Church Street, Sible Hedingham, Halstead, Essex CO9 3NT3
£245K03/210.99 mi23, Parkfields, Sible Hedingham, Halstead, Essex CO9 3NJ3

Local Rents

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

RentDateDistanceAddressBeds 
£99512/240.16 miCrown Street, Castle Hedingham2
£1,05012/240.16 miPye Corner, Castle Hedingham3
£95012/240.24 miCastle Hedingham, Halstead, Essex2
£1,70001/250.25 mi-2
£1,89512/240.28 miCastle Hedingham, Halstead4
£1,65002/250.32 mi-3
£1,29512/240.34 miBayley Street, Castle Hedingham, Halstead2
£90012/240.62 miNorman Close, CO92
£1,30012/240.71 mi-3
£1,79512/240.76 miCastle Hedingham, Halstead3
£70001/250.76 mi-1
£69512/240.83 miSwan Street, Sible Hedingham1
£77512/240.94 miSwan Street, Sible Hedingham, CO91
£89512/240.97 miSummerfields, Sible Hedingham2
£1,15012/241.05 miSwan Street, Sible Hedingham2
£1,15012/241.05 miSwan Street, Sible Hedingham3
£99512/241.41 mi-1
£99503/251.43 mi-1
£85004/241.51 mi-1
£85002/241.51 mi-1
£85012/241.51 mi-1
£85012/241.51 miBraintree Road, Sible Hedingham, Halstead, CO91
£4,75012/241.53 mi-5
£99509/231.54 mi-1
£1,10012/241.84 miCherry Lane, Great Yeldham, HALSTEAD2
£1,20012/242.09 miCarleton Close, Great Yeldham3

Local Area Statistics

Population in CO9

25,162

Town centre distance

3.87 miles away

Nearest school

0.10 miles away

Nearest train station

6.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Listed for £200,000

February 6, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • 3 Bedrooms +
  • Village location +
  • No chain! +
  • PLEASE NOTE: This property has been identified with subsidence issues! +

SUMMARY
We are pleased to bring to market this 3 bedroom, semi-detached house in the village of Castle Hedingham. Benefits from a good size garden and being chain free!

DESCRIPTION
Castle Hedingham is a very pretty village containing a wealth of fine period houses and cottages. Local amenities include a village shop, Post Office, St Nicholas Parish Church, pubs, social club, doctor's surgery and playing fields. The nearby market towns of Halstead, Sudbury and Braintree all have shopping facilities and rail services operate from Sudbury and Braintree which both provide services to London Liverpool Street.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hall 
Door to front aspect. Stairs to first floor. Door leading to lounge/diner.

Lounge 15' 5" x 11' 7" ( 4.70m x 3.53m )
Window to front aspect. Fireplace.

Dining Area 10' 10" x 7' 10" ( 3.30m x 2.39m )
Window to rear aspect.

Kitchen 10' 6" x 9' 5" ( 3.20m x 2.87m )
Window and door to rear aspect. Range of wall and base units. Sink/drainer.

Landing 
Airing cupboard. Doors leading to bedrooms and bathroom.

Bedroom One 11' 1" x 10' 1" ( 3.38m x 3.07m )
Window to front aspect.

Bedroom Two 10' 2" x 9' 6" ( 3.10m x 2.90m )
Window to rear aspect.

Bedroom Three 9' x 7' 2" ( 2.74m x 2.18m )
Window to front aspect.

Bathroom 
Window to rear aspect. Suite comprising bath, wc and wash basin.

Front Garden 
Small lawn and shrub area. Steps up to front door.

Rear Garden 
Lawn and mature trees and shrubs.

Important Information: 
This property has been identified with subsidence issues.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Halstead

01787 322336

Next Steps?

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