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Ongar Road, Brentwood, CM15

East of England

£285,000
Listed on 23/03/2026

Property Details

Bedrooms
2
Type
Apartment
Area
713 sqft

Description

Located in a desirable retirement community in Central Brentwood, this first-floor apartment presents an excellent opportunity for renovation and value enhancement. The residence features two bedrooms, including a main bedroom with an en suite shower room, along with a recently updated wet room and new carpeting throughout. Access to communal facilities such as well-maintained gardens offers residents space for social interactions and relaxation. Additional benefits include gated parking for residents' convenience and a lift service that enhances accessibility. However, it is important to note that the building requires cladding replacement, with quotes already secured by property management. Fortunately, there are available funds from the reserve fund to facilitate this essential work. Furthermore, upcoming developments nearby—including the anticipated construction of a new block of flats—suggest potential growth in property values in the area. This apartment is suitable for those looking to invest in a peaceful yet strategically positioned environment.

Investment Analysis

(CM15 area)

Below Market Value

This property is priced -18.7% below area average per sq ft

-18.7%
Potential saving
This Property
£400/sq ft
Area Average
£492/sq ft
Avg Rent (weekly)
£374
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£385,758
10% above area average per sq ft
Potential ROI
+26.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (CM15)

Area prices are rising by +3.1% over the last 12 months
3 year growth: +10.6%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on CM15 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

Ongar Road, Brentwood, CM15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,028
Based on a loan of £213,750 over 30 years at 4.06% 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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