5 Bed Bungalow, Refurb/BRRR, Dunmow, CM6 3NH, £700,000

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

Refurb/BRRR
~136 m²
+7 photos

ValuationOvervalued

Sold Prices£415K - £1.6M
Sold Prices/m²£2.6K/m² - £7.1K/m²

 

 

Square Metres

~136 m²
Price/m²£5.1K/m²

Value Estimate

£438,388

 

 

End Value (After Refurb)

£651,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£175,000

Stamp Duty & Legal Fees

£61,200

Refurb Costs

£65,514

Bridging Loan Interest

£18,375

Total Cash In

£321,839

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£651,250

Mortgage (After Refinance)

£488,438

Mortgage LTV

75%

Cash Left In

£321,839

Equity

£162,813

Rent Range

£825 - £2,950

Rent Estimate

£1,829

Running Costs/mo

£2,421

Cashflow/mo

£-592

Cashflow/yr

£-7,103

Gross Yield

3%

Local Sold Prices

38 sold prices from £415K to £1.6M, average is £632.5K. £2.6K/m² to £7.1K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£820K12/210.57 miRopers, Cock Green, Felsted, Dunmow, Essex CM6 3NA5
£902.5K01/210.81 miGreyfriars, Hollow Road, Felsted, Dunmow, Essex CM6 3JF5
£1.6M11/211.05 miJollyboys, Bakers Lane, Felsted, Dunmow, Essex CM6 3LP5
£635K11/201.17 miTreetops, Causeway End Road, Felsted, Dunmow, Essex CM6 3LU5
£725K04/211.22 miFleetwood House, Chelmsford Road, Felsted, Dunmow, Essex CM6 3ET5
£925K06/211.25 miGreetwell, Causeway End, Felsted, Dunmow, Essex CM6 3LS5
£685K12/211.6 miTertius, School Road, Rayne, Braintree, Essex CM77 6SP5
£460K03/212.08 mi69, Worrin Road, Little Dunmow, Dunmow, Essex CM6 3FU5
£520K06/232.09 mi9, Davies Way, Flitch Green, Dunmow, Essex CM6 3GN5
£415K03/212.13 mi15, Wilkes Way, Little Dunmow, Dunmow, Essex CM6 3GJ5
£485K08/212.13 mi7, Wilkes Way, Little Dunmow, Dunmow, Essex CM6 3GJ5
£420K12/202.13 mi8, Tomlinson Road, Little Dunmow, Dunmow, Essex CM6 3GH5
£630K02/212.16 mi28, Tyler Avenue, Little Dunmow, Dunmow, Essex CM6 3GB5
£665K03/212.16 mi7, Tyler Avenue, Little Dunmow, Dunmow, Essex CM6 3GB5
£790K06/212.16 mi9, Tyler Avenue, Little Dunmow, Dunmow, Essex CM6 3GB5
£546.5K03/232.16 mi50, Tyler Avenue, Flitch Green, Dunmow, Essex CM6 3GB5
£485K11/212.18 mi79, Baynard Avenue, Little Dunmow, Dunmow, Essex CM6 3FD5
£490K03/212.18 mi97, Baynard Avenue, Little Dunmow, Dunmow, Essex CM6 3FD5
£630K02/232.2 mi27, New Road, Rayne, Braintree, Essex CM77 6TG5
£725K07/232.22 mi6, Perry Road, Flitch Green, Dunmow, Essex CM6 3GL5
£465K03/212.42 mi65, Wood Way, Great Notley, Braintree, Essex CM77 7JS5
£536.5K03/212.55 mi33, Grantham Avenue, Great Notley, Braintree, Essex CM77 7FP5
£510K11/222.58 mi10, Sorrel Grove, Great Notley, Braintree, Essex CM77 7ZR5
£515K10/222.63 mi23, Timbers Close, Great Notley, Braintree, Essex CM77 7GZ5
£495K04/212.63 mi7, Chatsworth Avenue, Great Notley, Braintree, Essex CM77 7ZB5
£495K12/222.65 mi33, Cuckoo Way, Great Notley, Braintree, Essex CM77 7WG5
£460K12/202.65 mi27, Framlingham Way, Great Notley, Braintree, Essex CM77 7YY5
£705K06/212.67 mi65, Cuckoo Way, Great Notley, Braintree, Essex CM77 7WG5
£462.5K02/212.75 mi7, Levens Way, Great Notley, Braintree, Essex CM77 7XB5
£647K02/212.75 mi3, The Chase, Great Notley, Braintree, Essex CM77 7QX5
£685K01/212.75 mi5, Ickworth Close, Great Notley, Braintree, Essex CM77 7ZY5
£705K02/232.77 mi4, Ickworth Close, Great Notley, Braintree, Essex CM77 7ZY5
£685K06/212.85 mi5, Glovers, Great Leighs, Chelmsford, Essex CM3 1PY5
£770K09/212.86 mi5, Ruffels Place, Stebbing, Dunmow, Essex CM6 3TJ5
£662K01/232.87 mi9, Castlefields, Great Leighs, Chelmsford, Essex CM3 1JW5
£645K05/232.94 mi2, Chestnut Avenue, Great Notley, Braintree, Essex CM77 7YJ5
£1.2M12/222.95 mi84, Main Road, Great Leighs, Chelmsford, Essex CM3 1NE5
£450K05/212.95 mi8, Chestnut Avenue, Great Notley, Braintree, Essex CM77 7YJ5

Local Rents

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

RentDateDistanceAddressBeds 
£82512/240.97 miChestnut Walk, Felsted, DUNMOW, Essex1
£2,65012/241.16 miJollyboys Lane South,Felsted,CM64
£2,75012/241.18 miBRAINTREE ROAD, Felsted, CM64
£2,95004/241.87 miPods Lane, Rayne, CM774
£2,25012/241.91 miHallett Road, Flitch Green, Dunmow5
£1,63009/241.99 mi-3
£1,55009/231.99 mi-3
£1,60012/242 miHallett Road, CM63
£1,55012/242.01 miTanton Road, Flitch Green, CM63
£1,40012/242.03 miDurand Lane, Flitch Green2
£1,65012/242.03 miRanulf Road, Flitch Green3
£2,50012/232.09 mi-3
£1,69504/242.1 migranary Halt, Rayne, Braintree, CM774
£1,10012/242.11 miMatilda Way, Flitch Green, CM62
£1,70004/242.16 miVaughan Close, Rayne4
£1,70004/242.16 miVaughan Close, Rayne, BRAINTREE4
£1,17504/242.22 miFoundry Way, Rayne, CM772
£1,83512/242.23 miFurlong Road, Braintree3
£2,25004/242.34 miPhilips Road, Rayne, Braintree4

Local Area Statistics

Population in CM6

24,916

Population in Dunmow

24,925

Town centre distance

3.91 miles away

Nearest school

0.50 miles away

Nearest train station

4.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+47%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £700,000

February 7, 2025

Floor Plans

Description

  • Requiring Modernisation +
  • Five Good Size Bedrooms +
  • Conservatory +
  • Spacious Rear Garden +
  • Fantastic Family Home +
  • Sought-After Neighbourhood +
  • Off Street Parking +
  • Garage +

Presenting this five bedroom detached house, located in a sought-after neighbourhood. Requiring modernisation throughout, the property boasts a spacious garden, perfect for entertaining or relaxing, a charming patio area, and a conservatory offering ample natural light. The five bedrooms are all of a good size providing ample space.

There is ample off-street parking and a garage, providing convenient storage space.

With its convenient location close to local amenities and excellent transport links, this property offers both tranquillity and convenience. Don't miss the opportunity to make this property your new home.

Agent Details

Beresfords, Dunmow

01371 701975

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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