2 Bed Detached House, Planning Permission, Dunmow, CM6 3NJ, £600,000

Bannister Green, Felsted, CM6 3NJ - 2 months ago

Planning
~68 m²
+21 photos

ValuationOvervalued

Sold Prices£195K - £430K
Sold Prices/m²£2.9K/m² - £7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£8.8K/m²

Value Estimate

£303,642

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£36,700

Total Cash In

£186,700

 

 

Cash Out

 

Rent Range

£825 - £2,950

Rent Estimate

£1,231

Running Costs/mo

£2,141

Cashflow/mo

£-910

Cashflow/yr

£-10,922

Gross Yield

2%

Local Sold Prices

50 sold prices from £195K to £430K, average is £290K. £2.9K/m² to £7K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£280K03/210.05 mi30, Burnstie Road, Felsted, Dunmow, Essex CM6 3NE2
£317.5K05/230.75 mi57, Chaffix, Felsted, Dunmow, Essex CM6 3EG2
£405K06/211.59 mi23, Evelyn Road, Great Leighs, Chelmsford, Essex CM3 1QQ2
£360K04/211.59 mi4, Evelyn Road, Great Leighs, Chelmsford, Essex CM3 1QQ2
£195K07/231.71 miLong View, Dunmow Road, Rayne, Braintree, Essex CM77 6RZ2
£417.5K03/211.79 miMill Villa, School Road, Rayne, Braintree, Essex CM77 6SS2
£335K12/221.91 mi9, Britric Close, Flitch Green, Dunmow, Essex CM6 3FN2
£320K10/221.91 mi8, Britric Close, Flitch Green, Dunmow, Essex CM6 3FN2
£305K03/231.92 mi29, Hallett Road, Flitch Green, Dunmow, Essex CM6 3FR2
£316.5K05/231.95 mi40, Baynard Avenue, Flitch Green, Dunmow, Essex CM6 3FF2
£245K11/201.95 mi40, Baynard Avenue, Flitch Green, Dunmow, Essex CM6 3FF2
£365K06/211.98 mi5, Hallett Road, Little Dunmow, Dunmow, Essex CM6 3FL2
£267.5K03/211.98 mi32, Ranulf Road, Little Dunmow, Dunmow, Essex CM6 3FZ2
£285K12/221.98 mi42, Ranulf Road, Flitch Green, Dunmow, Essex CM6 3FZ2
£285K04/231.99 mi3, Durand Lane, Flitch Green, Dunmow, Essex CM6 3FS2
£260K09/212.06 mi5, Canon Road, Little Dunmow, Dunmow, Essex CM6 3GF2
£255K03/212.23 mi32, The Street, Rayne, Braintree, Essex CM77 6RR2
£325K12/222.25 mi18, New Road, Rayne, Braintree, Essex CM77 6TG2
£250K04/212.36 mi12, The Street, Rayne, Braintree, Essex CM77 6RN2
£360K08/212.41 mi78, Shalford Road, Rayne, Braintree, Essex CM77 6BY2
£275K05/212.44 mi7, Gore Terrace, Rayne, Braintree, Essex CM77 6RJ2
£265K04/212.59 mi23, Ragley Close, Great Notley, Braintree, Essex CM77 7XP2
£282K12/202.6 mi53, Grantham Avenue, Great Notley, Braintree, Essex CM77 7FP2
£290K12/222.61 mi129, Stanstrete Field, Great Notley, Braintree, Essex CM77 7WZ2
£252K01/212.61 mi129, Stanstrete Field, Great Notley, Braintree, Essex CM77 7WZ2
£331K11/222.62 mi29, Hidcote Way, Great Notley, Braintree, Essex CM77 7XT2
£305K11/202.62 mi58, Cuckoo Way, Great Notley, Braintree, Essex CM77 7YG2
£320K02/232.62 mi62, Cuckoo Way, Great Notley, Braintree, Essex CM77 7YG2
£290K03/232.62 mi127, Stanstrete Field, Great Notley, Braintree, Essex CM77 7WZ2
£282K12/202.62 mi53, Grantham Avenue, Great Notley, Braintree, Essex CM77 7FP2
£280K02/212.62 mi32, Hidcote Way, Great Notley, Braintree, Essex CM77 7XT2
£316K09/222.63 mi19, Hidcote Way, Great Notley, Braintree, Essex CM77 7XT2
£257K06/212.63 mi107, Stanstrete Field, Great Notley, Braintree, Essex CM77 7JW2
£335K04/232.63 mi38, Hidcote Way, Great Notley, Braintree, Essex CM77 7XT2
£258K03/212.65 mi6, Carpenters Drive, Great Notley, Braintree, Essex CM77 7ZQ2
£287.5K01/232.65 mi77, Stanstrete Field, Great Notley, Braintree, Essex CM77 7JW2
£290K06/222.66 mi40, Stanstrete Field, Great Notley, Braintree, Essex CM77 7WP2
£223.5K02/212.66 mi49, Stanstrete Field, Great Notley, Braintree, Essex CM77 7PR2
£290K08/222.66 mi34, Stanstrete Field, Great Notley, Braintree, Essex CM77 7PR2
£247.9K01/212.66 mi39, Stanstrete Field, Great Notley, Braintree, Essex CM77 7PR2
£283K04/212.68 mi20, Timbers Close, Great Notley, Braintree, Essex CM77 7GZ2
£328K12/222.69 mi12, Stanstrete Field, Great Notley, Braintree, Essex CM77 7PR2
£305K11/202.72 mi58, Cuckoo Way, Great Notley, Braintree, Essex CM77 7YG2
£430K05/232.72 miThe Jays, Main Road, Ford End, Chelmsford, Essex CM3 1LL2
£265K08/212.72 mi96, Stanstrete Field, Great Notley, Braintree, Essex CM77 7WP2
£293K06/212.72 mi11, Teal Close, Great Notley, Braintree, Essex CM77 7YB2
£338K03/232.73 mi18, Framlingham Way, Great Notley, Braintree, Essex CM77 7YY2
£345K03/212.73 mi92, Cuckoo Way, Great Notley, Braintree, Essex CM77 7WH2
£363K12/222.74 mi81, Cuckoo Way, Great Notley, Braintree, Essex CM77 7WG2
£383K05/222.81 mi6, Sheringham Drive, Great Notley, Braintree, Essex CM77 7FY2

Local Rents

19 rents from £825/mo to £3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£82512/240.88 miChestnut Walk, Felsted, DUNMOW, Essex1
£2,65012/241.13 miJollyboys Lane South,Felsted,CM64
£2,75012/241.13 miBRAINTREE ROAD, Felsted, CM64
£2,25012/241.83 miHallett Road, Flitch Green, Dunmow5
£2,95004/241.9 miPods Lane, Rayne, CM774
£1,63009/241.91 mi-3
£1,55009/231.92 mi-3
£1,60012/241.92 miHallett Road, CM63
£1,55012/241.94 miTanton Road, Flitch Green, CM63
£1,40012/241.95 miDurand Lane, Flitch Green2
£1,65012/241.96 miRanulf Road, Flitch Green3
£1,10012/242.03 miMatilda Way, Flitch Green, CM62
£2,50012/232.11 mi-3
£1,69504/242.15 migranary Halt, Rayne, Braintree, CM774
£1,70004/242.21 miVaughan Close, Rayne4
£1,70004/242.21 miVaughan Close, Rayne, BRAINTREE4
£1,17504/242.26 miFoundry Way, Rayne, CM772
£1,83512/242.27 miFurlong Road, Braintree3
£2,25004/242.38 miPhilips Road, Rayne, Braintree4

Local Area Statistics

Population in CM6

24,916

Population in Dunmow

24,925

Town centre distance

3.82 miles away

Nearest school

0.50 miles away

Nearest train station

4.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+47%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £600,000

February 7, 2025

Floor Plans

Description

  • Outline Planning Granted for 3 Houses +
  • Possible to renovate existing and build in garden +
  • Excellent Location +
  • Close to Felsted Village +

Located in a quiet lane on the outskirts of Felsted Village with all its amenities this property has a range of possibilities.

Outline planning has been granted to demolish the existing cottage and replace with 3 New Builds.

The existing cottage is in need of refurbishment and offers the opportunity to modernize and/or extend, thereby creating a wonderful family home on a large plot.

There is also the potential to keep the existing cottage and build another alongside, or demolish and replace with three separate properties as per the outline planning permission UTT/24/0604/OP granted by Uttlesford District Council.

All the relevant planning details can be accessed by pasting the following link into your browser:

Agent Details

Andersons of Felsted Limited, Felsted

01371 708213

Next Steps?

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