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1 Bed House For Sale High Street, Dunmow, CM6

£160,000

Yield: 4.88%
1 of 11
Yield: 4.88%
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  • Rental Guide: £520 - £650
  • 1 Bedroom(s)
  • Description
  • Street View
  • Maps

Key Features

  • One Bedroom
  • Studio Apartment
  • Gated Parking
  • High Specification
  • Open Plan Living
  • Fitted Kitchen
  • Partitioned Bedroom
  • Bathroom
  • Town Centre Location
  • Secure Video Entry System
Last Updated: 15th May 2020

Description

***No Onward Chain***Located in the centre of the popular market town of Great Dunmow is this stunning one bedroom studio apartment boasting gated allocated parking. The accommodation offers a modern open plan living style with high standard finish throughout.

Entrance Area - Accessed via solid wood front door:- solid wood flooring, inset spotlight, door to airing cupboard, open to.

Kitchen/Breakfast/Living Room - 5.28m x 3.40m (17'4" x 11'2") - UPVC double glazed window to front aspect, base and eye level units with complimentary working surfaces over, AEG inset oven, four ring hob with extractor over, integrated fridge/freezer, integrated washer/dryer, undercupboard lighting, inset spotlights, solid wood flooring, radiator, power points, T.V point, telephone point, opening to.

Bedroom - 3.89m x 2.92m (12'9" x 9'7") - Inset spotlights, radiator, solid wood flooring, power points, T.V point.

Bathroom - 2.13m x 1.96m (7' x 6'5") - Fully tiled, enclosed bath with mixer taps & shower attachment, glass enclosure, wash hand basin with vanity drawer below, W.C, heated towel rail, underfloor heating, inset spotlights, extractor fan.

Gated Allocated Parking - The property benefits from one allocated parking space accessed via a electric gate.
Agent Details
Daniel Brewer Estate Agents
51, High Street, Dunmow, CM6 1AE
Show Contact Number
01371 856 585

Forecast Score

Based on our analysis this property has been scored as:

Data Classified: Partially Classified
5.1

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is a lack of data to forecast this property with regards in comparison with local sold prices.
0

Profitability

Good rental demand in this area.
There is a lack of data to forecast this property with regards of profitability.
0

Interest Rates

Bank of England Base Rate:
0.1%
Lower interest rates mean lower mortgage payments and makes property more affordable historically in times of low interest rate property prices tend to increase.
10

Mortgage Availability

Good mortgage availability causes property prices to increase as people can get mortgages and buy property.
5

Fiscal Policy

Due to recent economic uncertainty the government has adjusted their spending levels and lowered tax rate. Pumping money into the economy and its central bank in order to increase money supply.
9.7

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
5

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
1 bedroom properties in proximity are mostly listed £0 - £650 – 0 recently listed properties were found in that band. However, the highest were £0, £0, £0.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested