2 Bed Terraced House, Single Let, Halstead, CO9 1DD, £185,000

New Street, Halstead, Essex, CO9 1DD - a month ago

Leasehold
BTL
ROI: 2%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£130K - £389.9K
Sold Prices/m²£1.8K/m² - £5.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.7K/m²

Value Estimate

£231,250
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£11,650

Total Cash In

£57,900

 

 

Cash Out

 

Rent Range

£825 - £4,435

Rent Estimate

£895

Running Costs/mo

£777

Cashflow/mo

£118

Cashflow/yr

£1,415

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £130K to £389.9K, average is £230.5K. £1.8K/m² to £5.7K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£220K09/210.01 mi36, New Street, Halstead, Essex CO9 1DD2
£212K04/230.01 mi21, New Street, Halstead, Essex CO9 1DD2
£215K05/210.03 mi13, Brook Place, Halstead, Essex CO9 1DG2
£130K11/200.04 mi6, Trinity Road, Halstead, Essex CO9 1EA2
£231K12/220.04 mi44, Trinity Road, Halstead, Essex CO9 1EB2
£180K03/230.06 mi1, New Street, Halstead, Essex CO9 1DH2
£200K05/210.06 mi3, New Street, Halstead, Essex CO9 1DH2
£260K03/230.09 mi75, New Street, Halstead, Essex CO9 1DB2
£230K08/210.09 mi27, Neale Road, Halstead, Essex CO9 1DL2
£188K11/200.09 mi67, Mount Pleasant, Halstead, Essex CO9 1DY2
£188K11/200.09 mi67, Mount Pleasant, Halstead, Essex CO9 1DY2
£210K02/210.09 mi26, Mount Pleasant, Halstead, Essex CO9 1DY2
£260K08/210.09 mi42, Mount Pleasant, Halstead, Essex CO9 1DY2
£250K07/210.13 mi39, Mitchell Avenue, Halstead, Essex CO9 1DN2
£206K12/200.16 mi50, Mount Pleasant, Halstead, Essex CO9 1EG2
£200K11/210.17 miTrinity Cottage, Mount Hill, Halstead, Essex CO9 1AD2
£235K07/230.2 mi29, Holman Road, Halstead, Essex CO9 1EJ2
£217.5K01/210.21 mi21, Butler Road, Halstead, Essex CO9 1LL2
£292.5K06/230.22 mi42, Kings Road, Halstead, Essex CO9 1HA2
£193K12/200.23 mi4, Mount Hill, Halstead, Essex CO9 1AA2
£220K10/210.25 mi19, Chapel Street, Halstead, Essex CO9 2LS2
£199K11/210.28 mi29, Tidings Hill, Halstead, Essex CO9 1BW2
£200K06/230.28 mi8, Tidings Hill, Halstead, Essex CO9 1BW2
£302K01/230.31 mi39, Stanley Road, Halstead, Essex CO9 1LA2
£229K10/200.31 mi8, Stanley Road, Halstead, Essex CO9 1LA2
£267.5K10/210.31 mi63, Stanley Road, Halstead, Essex CO9 1LA2
£300K12/220.31 mi3, Stanley Road, Halstead, Essex CO9 1LA2
£265K10/220.31 mi11, St James Close, Halstead, Essex CO9 1GX2
£266K10/220.31 mi2, St James Close, Halstead, Essex CO9 1GX2
£234.9K06/210.31 mi70, Tidings Hill, Halstead, Essex CO9 1BL2
£275K12/200.31 mi9a, Orchard Avenue, Halstead, Essex CO9 1JR2
£207.5K05/230.33 mi87, Parsonage Street, Halstead, Essex CO9 2JT2
£195K11/200.33 mi6, Abels Road, Halstead, Essex CO9 1EN2
£240K09/210.33 mi53, Beridge Road, Halstead, Essex CO9 1JZ2
£245K01/210.34 mi42, Ronald Road, Halstead, Essex CO9 1NL2
£215K11/220.36 mi25, Belle Vue Terrace, Halstead, Essex CO9 2DD2
£345K03/230.39 mi19, Hedingham Road, Halstead, Essex CO9 2DB2
£192.5K05/210.41 mi8, Weavers Row, Halstead, Essex CO9 2JX2
£240K11/220.41 mi12, Weavers Row, Halstead, Essex CO9 2JX2
£247K06/210.41 mi138, Beridge Road, Halstead, Essex CO9 1JU2
£260K01/210.43 mi20, Bois Field Terrace, Halstead, Essex CO9 2DF2
£248K12/200.44 mi3, Conway Close, Halstead, Essex CO9 1LT2
£218K02/230.45 mi60, Hedingham Road, Halstead, Essex CO9 2DJ2
£202.5K04/210.45 mi50, Hedingham Road, Halstead, Essex CO9 2DJ2
£184K11/200.45 mi6, Head Street, Halstead, Essex CO9 2BX2
£300K02/230.46 mi21, Oak Road, Halstead, Essex CO9 1LS2
£255K06/230.47 mi30, Stanstead Road, Halstead, Essex CO9 1NQ2
£285K11/220.47 mi7, Rye Hills, Halstead, Essex CO9 1LY2
£245.5K12/210.48 mi17, Bentall Close, Halstead, Essex CO9 1RA2
£389.9K01/210.49 mi63a, Colchester Road, Halstead, Essex CO9 2EN2

Local Rents

19 rents from £825/mo to £4.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.01 miNew Street, Halstead, Essex, CO92
£89512/240.01 miNew Street, Halstead, Essex, CO92
£89512/240.04 miTrinity Road, Halstead2
£89512/240.04 miTrinity Road, Halstead, Essex, CO92
£1,65012/240.04 mi-2
£1,60003/250.04 mi-2
£1,80011/240.04 mi-2
£1,70003/250.04 mi-2
£1,10012/240.04 mi-2
£4,43512/240.18 mi Kings Road, Halstead, CO92
£89512/240.2 miMillbridge, Halstead2
£1,15012/240.31 miStanley Road, Halstead2
£1,10012/240.31 miSt. James Close, Halstead, Essex, CO92
£82512/240.33 miParsons Court, Halstead2
£95003/250.38 mi-2
£1,10012/240.41 miBeridge Road, Halstead, Essex, CO92
£1,20012/240.42 miColchester Road, Halstead2
£1,05012/240.56 miPaynters Terrace, Head Street2
£1,00012/240.62 miHarper Lane, HALSTEAD2

Local Area Statistics

Population in CO9

25,162

Town centre distance

0.22 miles away

Nearest school

0.20 miles away

Nearest train station

5.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Listed for £185,000

March 27, 2025

Description

  • No Onward Chain +
  • Two Bedroom +
  • Kitchen / Breakfast Room +
  • Lounge / Diner +
  • Bathroom +
  • Electric Heating +
  • Communal Gardens +
  • Allocated Parking Space +
  • Viewing Highly Recommended +
  • EPC - E +

We are delighted to offer for sale this wonderfully presented two bedroom, corner home situated in the picturesque town of Halstead. The town benefits from a busy High Street which is home to a range of shops, primary and secondary schools, restaurants and a public library. Braintree Town Centre is under a 15 minute drive away giving access to supermarkets, additional shops, excellent bus, and rail links and many other amenities. Braintree Designer Village with its extensive range of shops, restaurants and leisure facilities is also within easy reach. Kelvedon Train Station is a 20 minute drive away which, alongside Braintree, gives another option for a direct link to London Liverpool Street. The property itself offers a modern fitted kitchen with integrated appliances, a breakfast area, a good sized and bright lounge, a family bathroom with separate bath and shower and two bedrooms. A large understairs cupboard, built in wardrobe in the master bedroom and access to the loft space all offer excellent storage. Outside there is a large communal garden to the front of the property and an allocated parking space for one car. The property also benefits from electric heating and is offered with no onward chain. We strongly advise an internal viewing to appreciate the accommodation on offer. Entrance Hall Lounge Diner - 3.78m x 3.53m (12'5" x 11'7") Kitchen/Breakfast Room - 4.52m x 1.8m (14'10" x 5'11") Stairs and Landing Master Bedroom - 3.56m x 2.92m (11'8" x 9'7") Bedroom Two - 2.49m x 1.68m (8'2" x 5'6") Bathroom - 2.46m x 1.91m (8'1" x 6'3") Communal Gardens Allocated Parking Space Agents Notes The property has 90 years left on the lease from September of this year  The ground rent is £60 per annum  The service charges are £1150 per annum  Disclaimer We make every effort to ensure our sales particulars are accurate and reliable, however, they do not constitute or form part of an offer or any contract and should not be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements are given as a guide to prospective buyers only, and are not precise. If floor plans are shown, these may not be to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please don’t hesitate to contact us prior to viewing. To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £45 plus VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.

Agent Details

Gateway Residential Sales & Lettings Ltd, Braintree

01376 297105

Next Steps?

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