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High Street, Brentwood

East of England

£500,000
Listed on 18/05/2024

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1055 sqft

Description

This three-bedroom semi-detached home presents a substantial renovation opportunity in a desirable location close to Brentwood's lively high street, known for its diverse selection of shops, cafes, and entertainment options. With Brentwood mainline station just half a mile away, commuting to London is convenient and efficient, further enhanced by the Elizabeth Line, which offers direct access to Heathrow Airport. Road connectivity is also advantageous, with the A12 and M25 located within a mile. The property requires comprehensive modernization but holds excellent potential for those looking to invest in real estate or create a tailored family home. Upon entering through the porch, you are welcomed into an expansive hallway that leads to the main reception space at the front of the house. This room features a classic fireplace and a large bay window that fills the area with natural light. Adjacent is a second reception room at the rear, providing flexibility in layout and design options. Completing the ground floor is a separate kitchen that offers ample scope for refurbishment. The first floor consists of three bedrooms—two generously sized doubles, including the front-facing principal room with another bay window—and a family bathroom. Although these areas are in need of updating, their size and layout present an excellent canvas for reimagining living spaces to suit modern tastes. Outside, the south-facing garden offers additional possibilities for enhancement while providing access to an integral garage and off-street parking—valuable assets in this sought-after location. With numerous nearby educational institutions ranging from nurseries to secondary schools and plenty of parks and green spaces for recreational activities, this property stands out as an ideal candidate for investment or personal customization.

Investment Analysis

(CM14 area)

Below Market Value

This property is priced -4.6% below area average per sq ft

-4.6%
Potential saving
This Property
£474/sq ft
Area Average
£497/sq ft
Avg Rent (weekly)
£376
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£576,710
10% above area average per sq ft
Potential ROI
-3.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CM14)

Area prices are rising by +6.3% over the last 12 months
3 year growth: 7.0%
5 year growth: 3.2%
Investment Disclaimer: Analysis based on CM14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

High Street, Brentwood
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE