This property is no longer available
£95,000
Est. Mortgage £476 per month*Get Pre-Qualified

1 bedroom flat for sale

flat flat
bedroom 1 bedroom

Property description

New Prime Entry! We are excited to present this Incredible Residential Opportunity. This 1 bedroom spacious flat, located within a prime location in Braintree




* The Depot, 5, Fairfield Road, Braintree, Essex CM7 3AG sold for £170,000, The Depot, 24, Fairfield Road, Braintree, Essex CM7 3AG sold for £158,000*




For rental purposes, property is currently achieving £800 pcm, £9,600 pa which would provide an exceptional gross yield of 9.14% based on guide price HIGH YIELD POTENTIAL




Property will be sold vacant, is in walk-in condition, ideal for first time buyers or family looking for their new home or to shrewd investors looking for an easily lettable property in a sought after location.




The property is located near a whole host of local amenities including parks, restaurants, coffee shops and close to schools with public transport easily accessible nearby.





New Prime Entry! We are excited to present this Incredible Residential Opportunity. This 1 bedroom spacious flat, located within a prime location in Braintree







Sale Evidence:







* The Depot, 5, Fairfield Road, Braintree, Essex CM7 3AG sold for £170,000, The Depot, 24, Fairfield Road, Braintree, Essex CM7 3AG sold for £158,000*







For rental purposes, property could achieve £1,500 pcm - £1,600 pcm, £18,000 pa - £19,200 pa which would provide an exceptional gross yield of 17.1%- 18.2% based on guide price HIGH YIELD POTENTIAL







Property was previously achieving RENTAL of £800 pcm, £9,600 pa- LENGTH OF LEASE



106 years left







Property will be sold vacant, is in walk-in condition, ideal for first time buyers or a family looking for their new home or to shrewd investors looking for an easily lettable property in a sought after location.







The property is located near a whole host of local amenities including parks, restaurants, coffee shops and close to schools with public transport easily accessible nearby.







Should you wish to offer NOW, you can do so via our Offer Now button on our website. This property is offered at a fantastic price to ensure an Auction sale.







The property will feature in our upcoming timed online auction.







To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.







Location:







Braintree is a historic market town in Essex that blends rich heritage with modern living. Situated conveniently between Chelmsford and Colchester, the town has grown from ancient roots into a vibrant community. Its history spans over 4,000 years, with Roman influences and a legacy as a significant centre for wool and silk production, especially during the industrial era. Today, Braintree offers a lively town centre with regular markets, a pedestrianised High Street, and the popular Braintree Village outlet shopping destination. Cultural highlights include local museums and historic landmarks such as the restored Bocking Windmill. The town benefits from strong transport links, including two railway stations with direct services to London, and easy access to major road networks. Nearby villages like Great Notley and Rayne add to the area's charm, making Braintree a desirable place to live, work, and visit.
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First listed

Over a month ago

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Based on a 25 year mortgage, with a 10% deposit and a 4.50% interest rate.

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