2 Bed Detached House, Refurb/BRRR, Dunmow, CM6 2PG, £325,000

211 Fishmarket Street, Thaxted, CM6 2PG - 2 views - a month ago

Refurb/BRRR
ROI: 1%
~74 m²
+6 photos

ValuationFair Value

Sold Prices£268.5K - £425K
Sold Prices/m²£3.4K/m² - £5.7K/m²

 

 

Square Metres

~74 m²
Price/m²£4.4K/m²

Value Estimate

£328,250

 

 

End Value (After Refurb)

£330,625

Uplift in Value

+2%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Refurb Costs

£35,647

Bridging Loan Interest

£8,531

Total Cash In

£148,379

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£330,625

Mortgage (After Refinance)

£247,969

Mortgage LTV

75%

Cash Released

£4,219

Cash Left In

£144,160

Equity

£82,656

Rent Range

£950 - £2,100

Rent Estimate

£1,450

Running Costs/mo

£1,343

Cashflow/mo

£107

Cashflow/yr

£1,282

ROI

1%

Gross Yield

5%

Local Sold Prices

15 sold prices from £268.5K to £425K, average is £295K. £3.4K/m² to £5.7K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£275K05/230.02 mi1, Fishmarket Street, Thaxted, Dunmow, Essex CM6 2PG2
£340K03/210.1 miLittle Haven, Weaverhead Lane, Thaxted, Dunmow, Essex CM6 2PN2
£282.5K12/200.13 mi24, Newbiggen Street, Thaxted, Dunmow, Essex CM6 2QR2
£346K06/210.14 mi39, Newbiggen Street, Thaxted, Dunmow, Essex CM6 2QS2
£315K02/230.16 mi12, Mill End, Thaxted, Dunmow, Essex CM6 2LT2
£286.5K06/210.16 mi37, Mill End, Thaxted, Dunmow, Essex CM6 2LT2
£312.5K05/230.16 mi22, Mill End, Thaxted, Dunmow, Essex CM6 2LT2
£300K08/210.16 mi22, Mill End, Thaxted, Dunmow, Essex CM6 2LT2
£425K09/210.19 miOak Cottage, Watling Lane, Thaxted, Dunmow, Essex CM6 2QY2
£280K04/210.2 mi4, Wedow Road, Thaxted, Dunmow, Essex CM6 2JZ2
£330K02/230.21 miPeggys Cottage, Park Street, Thaxted, Dunmow, Essex CM6 2NE2
£268.5K02/211.81 miCedarwood Cottage, Stanbrook, Thaxted, Dunmow, Essex CM6 2NN2
£275K02/232.56 mi2, Duton Hill Cottages, Duton Hill, Dunmow, Essex CM6 2DY2
£290K02/212.59 mi4, Whitegates, Lindsell, Dunmow, Essex CM6 3QL2
£295K03/212.59 mi3, Whitegates, Lindsell, Dunmow, Essex CM6 3QL2

Local Rents

8 rents from £950/mo to £2.1K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.27 miPutterill Close, Weaverhead Lane, Thaxted, Essex, CM62
£2,10012/240.34 mi-3
£1,95012/240.34 miLincoln Gardens, Thaxted, Dunmow, CM63
£95012/240.37 miBarnards Field, CM61
£1,25002/251.15 mi-2
£1,30002/252.04 mi-2
£1,20012/242.26 mi-2
£1,20012/242.26 mi-2

Local Area Statistics

Population in CM6

24,916

Population in Dunmow

24,925

Town centre distance

6.08 miles away

Nearest school

0.20 miles away

Nearest train station

5.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+47%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Listed for £325,000

March 17, 2025

Floor Plans

Description

  • Detached double-fronted cottage +
  • Kitchen and sitting room with log burners +
  • Two double bedrooms +
  • Off road parking +
  • Private, south facing garden +
  • Iconic location +

A rarely available, charming, and detached double fronted cottage positioned in one of Thaxted's most iconic streets. The property benefits from two double bedrooms, family bathroom and off-street parking provision together with southerly garden with scope for modernisation.

Ground Floor -

Entrance Hall - Entrance door with stained glass window, stairs rising to first floor, doors to adjoining rooms.

Kitchen/Dining Room - Double glazed window to the front aspect and a feature window to the rear aspect, windows to each side aspects through to the utility room and sitting room. Fitted with a range of base units, stainless steel sink, space for oven, fridge/freezer, splashback tiles and fireplace with log burner.

Utility Room - Double glazed window to the front aspect and double glazed skylight, wall-mounted boiler and space and plumbing for washing machine/tumble dryer.

Sitting Room - A dual aspect room with double glazed windows to the front and side aspects, fireplace with stone hearth and log burner, engineered oak flooring.

First Floor -

Landing - Panelled walls to stairway, window to the rear aspect and doors to adjoining rooms.

Bedroom 1 - Double glazed window to the front aspect, part-panelled walls, built-in storage cupboard.

Bathroom - Comprising ceramic wash basin with vanity cupboard space below, low level WC, free standing bath with shower attachment, part tiled/panelled walls, built-in storage cupboard, heated towel rail, timber flooring, obscure window to the side aspect.

Bedroom 2 - Double glazed window to the front aspect, built-in storage cupboard with shelving, part-panelled walls.

Outside - The property features an attractive frontage with a brick wall and gated entrance that leads to a block-paved pathway, adorned by an external timber frame porch with a tiled roof. Off-street parking is provided and the south-facing garden, primarily laid to lawn, includes block paving, several timber storage sheds, and mature hedge borders and timber fences on two sides.

Viewings - By appointment through the Agents.

Agent Details

Cheffins Residential, Saffron Walden

01799 619642

Next Steps?

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