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Kiln Field, Hook End, Brentwood

East of England

£525,000
Listed on 08/04/2024

Property Details

Bedrooms
3
Type
Detached house
Area
1313 sqft

Description

Nestled beside a charming wooded greensward, this three-bedroom link-detached home presents an excellent opportunity for renovation and investment. The property showcases a large block-paved driveway that provides ample off-street parking, as well as an attached garage with convenient pedestrian access to the rear garden. This residence is ideally situated just a short stroll from the shops and amenities of Doddinghurst village. Families will appreciate the proximity to well-regarded infant and junior schools, along with being within the catchment area for several secondary schools in Brentwood and Shenfield. Commuters can take advantage of nearby train services, with both Brentwood and Shenfield stations accessible within approximately 15 minutes by car. Upon entering, you are welcomed into a spacious porch featuring built-in storage that leads to the entrance hall. This area provides access to the ground floor cloakroom and opens into the lounge/diner as well as the kitchen. The kitchen is equipped with light wood-effect wall and base units, an integrated oven, electric hob, extractor fan, and space for additional appliances. The generous lounge measures 20’4” x 17’, boasting abundant natural light from large windows and a door leading into the garden. Ascending the staircase to the first floor reveals two double bedrooms alongside a smaller cot room. The main bedroom includes built-in storage while the second bedroom also features additional cupboard space. The family bathroom is fully tiled, fitted with both a panelled bath and separate corner shower cubicle for enhanced functionality. The outdoor space at this property offers potential for improvement, starting with a paved patio that transitions to neat lawns bordered by shrubs—ideal for gardening enthusiasts or those looking to enhance outdoor living areas. Overall, this home offers significant potential for updating while already featuring notable improvements such as a recently replaced roof and owned solar panels that generate annual cashback of approximately £1,000. With its combination of spacious interiors, desirable location, and investment possibilities, this property stands out as an appealing option for buyers looking to create their dream home or capitalize on rental opportunities in an attractive neighborhood.

Investment Analysis

(CM15 area)

Below Market Value

This property is priced -19.7% below area average per sq ft

-19.7%
Potential saving
This Property
£400/sq ft
Area Average
£498/sq ft
Avg Rent (weekly)
£384
Avg Yield
3.2%

Renovation Potential

Est. Renovation Cost
£52,500 - £131,250
10-25% of property value
Target Value
£719,622
10% above area average per sq ft
Potential ROI
+9.7%
After renovation
Monthly Sales
21
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (CM15)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 4.5%
5 year growth: 15.3%
Investment Disclaimer: Analysis based on CM15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Kiln Field, Hook End, Brentwood
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