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New Street, Braintree, CM7

East of England

£200,000
Listed on 03/12/2025

Property Details

Bedrooms
N/A
Type
Terraced house

Description

This central office premises presents a remarkable conversion opportunity, with planning permission secured to transform it into a charming two-bedroom residential cottage. The proposed layout features an inviting open living and dining area, complemented by a kitchen and cloakroom on the ground floor. Upstairs, two well-proportioned bedrooms each come with en-suite facilities, optimizing both space and functionality. Additionally, the property boasts allocated parking spaces, enhancing its appeal for potential residents. This is an excellent investment for those looking to enter the residential market in this desirable East of England location.

Investment Analysis

(CM7 area)
Area Average
£352/sq ft
Avg Rent (weekly)
£289
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CM7)

Area prices are falling by +2.5% over the last 12 months
3 year growth: -1.1%
5 year growth: 10.7%
Investment Disclaimer: Analysis based on CM7 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

New Street, Braintree, CM7
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 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