2 Bed Flat, Single Let, Dunmow, CM6 1HB, £220,000

Fitzwalter Place, Chelmsford Road, Dunmow, CM6 1HB - 3 views - 17 days ago

Leasehold

BTL

ROI: 1%

~68 m²

+7 photos

ValuationUndervalued

Sold Prices	£97.5K - £255K
Sold Prices/m²	£1.7K/m² - £4.7K/m²

Square Metres	~68.11 m²
Price/m²	£3.2K/m²
Value Estimate	£228,711£228,711
BMV	4%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£55,000£55,000
Stamp Duty & Legal Fees	£14,100£14,100
Total Cash In	£69,100£69,100

Cash Out
Rent Range	£915 - £1,400£915 - £1,400
Rent Estimate	£990
Running Costs/mo	£906£906
Cashflow/mo	£85£85
Cashflow/yr	£1,014£1,014
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

29 sold prices from £97.5K to £255K, average is £210K. £1.7K/m² to £4.7K/m², average is £3.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£190K	11/21	0.01 mi	Flat 37, Fitzwalter Place, Chelmsford Road, Dunmow, Essex CM6 1HB	£3,455	55	2	Flat
£241K	10/22	0.06 mi	Flat 30, Manse Gardens, Haslers Lane, Dunmow, Essex CM6 1BL	-	-	2	Flat
£212.5K	12/22	0.07 mi	Flat 8, Manse Gardens, Haslers Lane, Dunmow, Essex CM6 1BL	£4,009	53	2	Flat
£180K	12/22	0.07 mi	Flat 15, Granary Court, Haslers Lane, Dunmow, Essex CM6 1BN	-	-	2	Flat
£210K	02/21	0.08 mi	Flat 33, Manse Gardens, Haslers Lane, Dunmow, Essex CM6 1BL	-	-	2	Flat
£169.5K	08/21	0.09 mi	Flat 45, Granary Court, Haslers Lane, Dunmow, Essex CM6 1BW	£3,452	49	2	Flat
£180K	03/23	0.09 mi	Flat 42, Granary Court, Haslers Lane, Dunmow, Essex CM6 1BW	-	-	2	Flat
£210K	03/21	0.12 mi	11, Harris Green, Dunmow, Essex CM6 1FP	£3,870	54	2	Flat
£199K	08/22	0.12 mi	19, Harris Green, Dunmow, Essex CM6 1FP	£3,781	53	2	Flat
£255K	01/23	0.12 mi	12, Harris Green, Dunmow, Essex CM6 1FP	£3,358	76	2	Flat
£215K	08/22	0.18 mi	Flat 6, Melville House, Braintree Road, Dunmow, Essex CM6 1HS	-	-	2	Flat
£230K	03/21	0.21 mi	9, Harmans Yard, Dunmow, Essex CM6 1AS	£2,556	90	2	Flat
£185K	04/23	0.22 mi	7, Weavers Close, Dunmow, Essex CM6 1FR	-	-	2	Flat
£225K	08/22	0.22 mi	17, White Hart Way, Dunmow, Essex CM6 1FS	-	-	2	Flat
£215K	09/21	0.25 mi	3, Buckingham Court, Dunmow, Essex CM6 1XE	£3,258	66	2	Flat
£205K	08/21	0.25 mi	17, Buckingham Court, Dunmow, Essex CM6 1XE	£2,010	102	2	Flat
£223.5K	06/21	0.25 mi	24, Buckingham Court, Dunmow, Essex CM6 1XE	-	-	2	Flat
£175K	01/21	0.26 mi	39a, The Close, Dunmow, Essex CM6 1EW	-	-	2	Flat
£230K	05/21	0.58 mi	6, The Downs, Dunmow, Essex CM6 1DS	£2,949	78	2	Flat
£140K	11/20	0.64 mi	118, Godfrey Way, Dunmow, Essex CM6 2SQ	£3,283	43	2	Flat
£140K	11/20	0.64 mi	118, Godfrey Way, Dunmow, Essex CM6 2SQ	£3,283	43	2	Flat
£143K	11/20	0.64 mi	118, Godfrey Way, Dunmow, Essex CM6 2SQ	£3,354	43	2	Flat
£210K	12/20	0.64 mi	130, Godfrey Way, Dunmow, Essex CM6 2SQ	£4,375	48	2	Flat
£188K	06/21	0.64 mi	128, Godfrey Way, Dunmow, Essex CM6 2SQ	-	-	2	Flat
£222.5K	07/23	0.64 mi	130, Godfrey Way, Dunmow, Essex CM6 2SQ	£4,635	48	2	Flat
£217K	10/22	0.64 mi	134, Godfrey Way, Dunmow, Essex CM6 2SQ	£4,671	46	2	Flat
£200K	10/20	0.65 mi	18b, Waldgrooms, Dunmow, Essex CM6 1EA	£3,226	62	2	Flat
£240K	03/23	0.65 mi	57, The Causeway, Dunmow, Essex CM6 2AA	£3,750	64	2	Flat
£97.5K	03/21	0.69 mi	16, Conifer Way, Dunmow, Essex CM6 1XB	£1,711	57	2	Flat

Local Rents

11 rents from £915/mo to £1.4K/mo, average is £1.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,000	12/24	0.03 mi	Fitzwalter Place, Chelmsford Road, Dunmow, Essex, CM6	2	Flat
£915	10/23	0.07 mi	-	2	Flat
£1,175	04/25	0.11 mi	-	2	Flat
£1,200	12/24	0.14 mi	Nursery Rise, Dunmow	2	Terraced House
£1,400	12/24	0.19 mi	Maple Way, Dunmow, Essex, CM6	2	Flat
£1,400	12/24	0.28 mi	Springfields, Dunmow	2	Detached House
£1,000	12/23	0.31 mi	-	2	Flat
£990	02/25	0.62 mi	-	2	Flat
£990	03/25	0.62 mi	-	2	Flat
£1,250	12/24	0.66 mi	Willow Road, Woodlands Park	2	Flat
£1,250	12/24	1.08 mi	Parsonage Downs, Dunmow	2	Detached House

Local Area Statistics

Population in CM6	24,91624,916
Population in Dunmow	24,92524,925
Town centre distance	0.29 miles away0.29 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	4.72 miles away4.72 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+47%+47%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+15%+15%

Property History

Listed for £220,000

March 28, 2025

Floor Plans

Description

Contemporary throughout +
Two balconies +
Parking +
Fitted kitchen +
Close to shops & amenities +

Situated in the heart of the market town of Great Dunmow is this well presented two bedroom apartment benefitting from two balconies, parking, stylish and modern fitted bathroom and kitchen with modern decor throughout.

With easy access to local amenities, transport links, and green spaces, this property offers the perfect blend of convenience and comfort. Don't miss out on the opportunity to make this beautifully presented apartment 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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