3 Bed Semi-Detached House, Refurb/BRRR, Halstead, CO9 3PE, £295,000

1 Oak Walk, Sible Hedingham, Halstead, Essex, CO9 3PE - 2 views - 2 months ago

Sold STC
Refurb/BRRR
~93 m²
+10 photos

ValuationFair Value

Sold Prices£226K - £520K
Sold Prices/m²£1.9K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£291,266

 

 

End Value (After Refurb)

£298,077

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£73,750

Stamp Duty & Legal Fees

£12,300

Refurb Costs

£44,609

Bridging Loan Interest

£7,744

Total Cash In

£140,152

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£298,077

Mortgage (After Refinance)

£223,558

Mortgage LTV

75%

Cash Released

£2,308

Cash Left In

£137,845

Equity

£74,519

Rent Range

£695 - £4,750

Rent Estimate

£1,256

Running Costs/mo

£1,203

Cashflow/mo

£53

Cashflow/yr

£640

ROI

0%

Gross Yield

5%

Local Sold Prices

47 sold prices from £226K to £520K, average is £290K. £1.9K/m² to £4.4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£290K01/210.04 mi25, Graysmead, Sible Hedingham, Halstead, Essex CO9 3PA3
£255K10/200.05 mi15, Graysmead, Sible Hedingham, Halstead, Essex CO9 3NY3
£250K03/210.06 mi8, Charlton Close, Sible Hedingham, Halstead, Essex CO9 3QF3
£250K03/210.06 mi8, Charlton Close, Sible Hedingham, Halstead, Essex CO9 3QF3
£290K11/210.07 mi27, Graysmead, Sible Hedingham, Halstead, Essex CO9 3PB3
£298K06/210.07 mi2, Beech Grove, Sible Hedingham, Halstead, Essex CO9 3NZ3
£377.5K09/210.13 mi19, Castle Meadow, Sible Hedingham, Halstead, Essex CO9 3PZ3
£317.5K06/230.15 mi2, Yeldham Road, Sible Hedingham, Halstead, Essex CO9 3QJ3
£276.5K05/210.15 mi23, Yeldham Road, Sible Hedingham, Halstead, Essex CO9 3QJ3
£360K08/210.16 mi3, Abbey Meadow, Sible Hedingham, Halstead, Essex CO9 3QS3
£240K07/230.16 mi11, Oxford Meadow, Sible Hedingham, Halstead, Essex CO9 3QN3
£296K11/200.17 mi11, Station Road, Sible Hedingham, Halstead, Essex CO9 3QA3
£294.9K12/200.17 mi37, Station Road, Sible Hedingham, Halstead, Essex CO9 3QA3
£247.5K11/210.26 mi47, Church Street, Sible Hedingham, Halstead, Essex CO9 3NT3
£520K11/200.26 mi53, Church Street, Sible Hedingham, Halstead, Essex CO9 3NT3
£245K03/210.28 mi23, Parkfields, Sible Hedingham, Halstead, Essex CO9 3NJ3
£275K05/210.29 mi6, Brook Terrace, Sible Hedingham, Halstead, Essex CO9 3PS3
£319.9K09/220.29 mi12, Brook Terrace, Sible Hedingham, Halstead, Essex CO9 3PS3
£248K02/210.29 mi4, Brook Terrace, Sible Hedingham, Halstead, Essex CO9 3PS3
£226K03/210.3 mi17, Brook Terrace, Sible Hedingham, Halstead, Essex CO9 3PS3
£335K03/210.3 mi19, Hogarth Court, Sible Hedingham, Halstead, Essex CO9 3FA3
£475K02/230.31 miBridgemead, 55, Station Road, Sible Hedingham, Halstead, Essex CO9 3QD3
£350K09/210.32 mi139, Swan Street, Sible Hedingham, Halstead, Essex CO9 3PP3
£325K06/230.32 mi26, Alexandra Road, Sible Hedingham, Halstead, Essex CO9 3NE3
£245K04/210.34 mi12, Alexandra Road, Sible Hedingham, Halstead, Essex CO9 3ND3
£260K05/230.34 mi13, Alexandra Road, Sible Hedingham, Halstead, Essex CO9 3ND3
£310K06/210.38 mi130, Swan Street, Sible Hedingham, Halstead, Essex CO9 3PR3
£234K03/210.39 mi6, Spurgeon Close, Sible Hedingham, Halstead, Essex CO9 3NG3
£232.5K03/210.4 mi17, Spurgeon Close, Sible Hedingham, Halstead, Essex CO9 3NG3
£410K10/220.43 mi4, Recreation Road, Sible Hedingham, Halstead, Essex CO9 3JG3
£330K04/210.44 miThe Bungalow, Hills Road, Sible Hedingham, Halstead, Essex CO9 3JH3
£260K03/210.45 mi2, School Road, Sible Hedingham, Halstead, Essex CO9 3NR3
£300K03/210.49 mi79, Hawkwood Road, Sible Hedingham, Halstead, Essex CO9 3JS3
£290K05/210.52 mi93, Hawkwood Road, Sible Hedingham, Halstead, Essex CO9 3JS3
£253K12/200.53 mi16, Hawkwood Road, Sible Hedingham, Halstead, Essex CO9 3JL3
£255K02/210.56 mi16, Hilton Way, Sible Hedingham, Halstead, Essex CO9 3JW3
£310K09/220.59 mi8, Hilton Walk, Sible Hedingham, Halstead, Essex CO9 3JN3
£228K06/210.6 mi4, Wethersfield Road, Sible Hedingham, Halstead, Essex CO9 3LB3
£337.5K05/230.64 miThe Cottage, New England, Sible Hedingham, Halstead, Essex CO9 3HY3
£265K11/200.69 mi40, Swan Street, Sible Hedingham, Halstead, Essex CO9 3RE3
£290K12/210.71 mi7, Church Lane, Castle Hedingham, Halstead, Essex CO9 3DA3
£262.5K11/200.74 mi19, Park Vale Close, Castle Hedingham, Halstead, Essex CO9 3DS3
£285K05/230.74 mi2, Park Vale Close, Castle Hedingham, Halstead, Essex CO9 3DS3
£240K11/200.74 mi7, Park Vale Close, Castle Hedingham, Halstead, Essex CO9 3DS3
£314K12/200.74 mi3, New Park, Castle Hedingham, Halstead, Essex CO9 3HH3
£345K12/200.78 mi34, St James Street, Castle Hedingham, Halstead, Essex CO9 3EW3
£283.5K01/210.79 mi21, Nunnery Street, Castle Hedingham, Halstead, Essex CO9 3DN3

Local Rents

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

RentDateDistanceAddressBeds 
£1,30012/240.09 mi-3
£70001/250.11 mi-1
£90012/240.2 miNorman Close, CO92
£69512/240.2 miSwan Street, Sible Hedingham1
£77512/240.32 miSwan Street, Sible Hedingham, CO91
£89512/240.35 miSummerfields, Sible Hedingham2
£1,15012/240.42 miSwan Street, Sible Hedingham2
£1,15012/240.42 miSwan Street, Sible Hedingham3
£95012/240.64 miCastle Hedingham, Halstead, Essex2
£1,70001/250.64 mi-2
£99512/240.76 miCrown Street, Castle Hedingham2
£85004/240.78 mi-1
£85002/240.78 mi-1
£85012/240.78 mi-1
£85012/240.78 miBraintree Road, Sible Hedingham, Halstead, CO91
£1,89512/240.8 miCastle Hedingham, Halstead4
£1,05012/240.83 miPye Corner, Castle Hedingham3
£1,29512/240.83 miBayley Street, Castle Hedingham, Halstead2
£4,75012/240.83 mi-5
£1,65002/250.84 mi-3
£1,79512/241.17 miCastle Hedingham, Halstead3
£99512/241.83 mi-1
£99503/251.85 mi-1
£99509/231.96 mi-1
£1,10012/242.33 miCherry Lane, Great Yeldham, HALSTEAD2

Local Area Statistics

Population in CO9

25,162

Town centre distance

3.42 miles away

Nearest school

0.10 miles away

Nearest train station

7.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Listed for £295,000

February 25, 2025

Floor Plans

Description

  • Three good size bedrooms +
  • Modern shower room suite +
  • Spacious sitting room +
  • Kitchen +
  • Extended dining room +
  • Cloakroom +
  • Garage +
  • Cul-de-sac position +
  • Excellent access for local schools +
  • NO ONWARD CHAIN +

Guide price £295,000 to £305,000. An extended three bedroom semi-detached house with garage and south/westerly facing rear garden, occupying a cul-de-sac position and offered with no ongoing chain The property would benefit from some modernisation, but offers great scope for further alteration and provides well proportioned accommodation, in particular the sitting room and bedrooms, which are of an excellent size.

Oak Walk is ideally located for access to Hedingham school and sixth form, which is approximately 0.5km distant, additionally the main shops within Sible Hedingham are approximately 0.75km distant.

Wood grain effect stable style entrance door providing access to the entrance hallway. There are two doors; one to the sitting room at the front and the other to the dining area. Understairs storage cupboard within which is sited an ideal Mexico gas boiler. The sitting room is a lovely light and airy room with windows to two elevations and a fireplace with inlays, surround and inset gas fire (this has not been tested). The dining room has been extended and now provides a well proportioned room with access to the kitchen, a doorway to the rear patio and door to the inner lobby. The kitchen has countertops and drawers and cupboards, in a light oak effect and there are two windows to the side. The kitchen and dining areas could be adapted with an open plan design to provide for a very appealing kitchen/dining/sitting area.

From the inner hall, which has a useful storage cupboard, there is a further folding door providing access to a cloakroom with two piece suite and window to the rear.

From the first floor landing there are doors to three bedrooms and a shower room. The main bedroom is located to the rear of the house and is of excellent size with fitted wardrobes. There are two further bedrooms to the front of the house both of which can accommodate double beds. The shower room suite has recently been refitted and features a shower cubicle , low level WC and hand wash basin with fully tiled walls. From the landing there is access to the loft space and a built in airing cupboard both located on the landing.

Exterior
The property is approached via a pathway to the entrance door and there is a side door to the garage, and further gate to the rear garden.

The rear garden comprises of a two-tiered paved area and water supply tap. There is parking in front of the garage for one car.

Additional information
Services: Main water, electricity and drainage
Gas fired heating to radiators. EPC rating: E Council tax band: C
Tenure: Freehold
Broadband speed: up to 1000 Mbps (Ofcom).
Mobile coverage: EE, O2, Three, Vodafone (Ofcom).
None of the services have been tested by the agent.
Local authority: Braintree District Council .
Viewing strictly by appointment with David Burr. DAVIDBURR.CO.UK
 

ENTRANCE HALL 0m x 0m)  

SITTING ROOM 17' 1" x 12' 2" (5.23m x 3.71m)  

KITCHEN 11' 8" x 5' 10" (3.58m x 1.78m)  

DINING ROOM 11' 4" x 10' 2" (3.46m x 3.11m)  

9' 0" x 5' 11" (2.76m x 1.81m)  

INNER LOBBY  

CLOAKROOM 7' 0" x 2' 8" (2.15m x 0.82m)  

LANDING  

BEDROOM ONE 17' 1" x 10' 4" (5.23m x 3.16m)  

BEDROOM TWO 12' 5" x 7' 3" (3.79m x 2.23m)  

BEDROOM THREE 9' 0" x 9' 6" (2.75m x 2.92m)  

SHOWER ROOM 6' 8" x 5' 4" (2.04m x 1.65m)

Agent Details

David Burr Estate Agents, Castle Hedingham

01787 322211

Next Steps?

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