3 Bed Flat, Single Let, Dunmow, CM6 1EZ, £300,000

18 Chelmsford House, Chelmsford Road, Dunmow, CM6 1EZ - 21 days ago

Leasehold
BTL
ROI: 5%
98 m²
+6 photos

Valuation

Sold Prices£295K - £315K
Sold Prices/m²£3.1K/m² - £3.7K/m²

 

 

Square Metres

98 m²
Price/m²£3.1K/m²

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,500 - £1,900

Rent Estimate

£1,650

Running Costs/mo

£1,288

Cashflow/mo

£363

Cashflow/yr

£4,350

ROI

5%

Gross Yield

7%

Local Sold Prices

2 sold prices from £295K to £315K, average is £305K.

PriceDateDistanceAddressBeds 
£315K12/222.11 mi25, Baynard Avenue, Flitch Green, Dunmow, Essex CM6 3FF3
£295K03/232.15 mi3, Britric Close, Flitch Green, Dunmow, Essex CM6 3FN3

Local Rents

10 rents from £1.5K/mo to £1.9K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,65012/240.22 miNew Street Fields, Dunmow, Essex, CM63
£1,65012/240.25 miGuelder Rose, CM63
£1,65012/240.66 miThe Downs, Dunmow3
£1,90002/250.68 mi-3
£1,50012/240.87 miAcacia Drive, DUNMOW, Essex3
£1,75012/241.02 mi-3
£1,70012/241.02 mi-3
£1,70012/241.02 mi-3
£1,72512/231.07 mi-3
£1,90001/251.07 mi-3

Local Area Statistics

Population in CM6

24,916

Population in Dunmow

24,925

Town centre distance

0.25 miles away

Nearest school

0.50 miles away

Nearest train station

4.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+47%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £300,000

March 17, 2025

Floor Plans

Description

  • DOCKLANDS COMES TO DUNMOW +
  • UNUSUAL FOR DUNMOW +
  • AMAZING 3 BEDROOM APARTMENT +
  • 2 BATHROOMS ONE WITH UNDERFLOOR HEATING +
  • SPACIOUS LIVING +
  • EXPOSED BEAMS +
  • VAULTED CEILING +
  • SASH WINDOWS +
  • CLOSE TO TOWN CENTRE +
  • 2 PARKING SPACES +

THE PROPERTY A SPLENDID DOCKLANDS STYLE APARTMENT which is unusual for Dunmow and would suit a STYLISH PURCHASER. This SPACIOUS DUPLEX APARTMENT has a BRIGHT LOUNGE, a WELL APPOINTED KITCHEN/DINER, 3 BEDROOMS two of which are BEAUTIFULLY VAULTED, 2 BATHROOMS and is offered with 2 ALLOCATED PARKING SPACES.  

PROPERTY INFORMATION Leasehold - We understand from the vendor the lease details are : 87 years remaining, maintenance charges £1,320 per year, Ground rent £200 p.a.. Please check these with your conveyancer prior to committing to purchase.
EPC - D
Council Tax - B
Photos - We are using photos taken prior to the rental and are there as a guide, updated photos to follow.
 

Entrance Hall Laminate flooring, stairs, storage cupboard, door to: 

Lounge Room 4.42m (14'6") max x 4.04m (13'3") Multi-paned sash window to rear, multi-paned sash window to side, two radiators, laminate flooring, telephone point, TV point, dado rail, picture rail. 

Dining Room 4.47m (14'8") x 3.45m (11'4") Multi-paned sash window to rear, radiator, laminate flooring, dado rail, open plan to: 

Kitchen 2.73m (9') x 2.17m (7'1") max. Fitted with a matching range of base and eye level units with worktop space over, 1½ bowl china sink with stainless steel swan neck, built-in integrated fridge, plumbing for automatic washing machine, fitted electric fan assisted oven, built-in four ring electric hob with extractor hood, window to rear, laminate flooring, ceiling spotlights. 

Bedroom 3 2.05m (6'8") x 4.05m (13'3") PVCu double glazed window to front, radiator. 

Bathroom Fitted with three piece suite comprising panelled bath with hand shower attachment over, pedestal wash hand basin, close coupled WC, part ceramic tiled walls, heated towel rail, extractor fan, multi-paned sash window to side, ceramic tiled flooring. 

Landing/Study Area Exposed beams, door to: 

Bedroom 1 4.20m (13'9") x 4.17m (13'8") PVCu double glazed window to rear, built-in wardrobe, storage cupboard, radiator, telephone point, TV point, door to: 

En-suite Bathroom Fitted with four piece suite comprising bath, wash hand basin, tiled shower enclosure with folding glass screen, close coupled WC, tiled splashbacks, extractor fan, shaver point. 

Bedroom 2 3.96m (13') x 3.23m (10'7") PVCu double glazed window to rear, built-in wardrobe, radiator. 

Outside Allocated parking for two cars; small communal gardens. 

Lease Details Lease details: 91 years remaining on lease; maintenance charges £1,115 per year; council tax (Band B).

Agent Details

James & Co, Great Dunmow

01371 876678

Next Steps?

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