William H. Brown says ..
Ideal Investment Opportunity – A well-presented ground floor studio apartment located in a peaceful cul-de-sac just off Parklands, Braintree. Currently tenanted and generating £10,200 per annum, this property is perfect for investors.
Property Oracle says ..
This studio flat in Penn Mews, Braintree, is listed with William H. Brown. The property offers 581 sqft of living space and is located in Braintree South, providing good access to local amenities and transport links. The flat includes a modern kitchen, but the bathroom could benefit from updating. The property is close to several schools, making it potentially attractive to small families or investors. The asking price of £120,000 appears reasonable when compared to the average price per square foot in the area and previous sales within Penn Mews. Overall, this property presents a good opportunity for first-time buyers or investors looking for a well-connected and reasonably priced flat in Braintree.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 6
- Land
- 3
- Bedrooms
- 0
- Bathrooms
- 1
- Sqft (est)
- 581.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 310,000.00 £Decreased by 4.35 %
- Est sale value
- 207,998.00 £Increased by 10.15 %
- Average area rental value
- 1,404.00 £/moDecreased by 5.33 %
- Est letting value
- 581.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.43 %Decreased by 1.09 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
William H. Brown created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| John Ray Infant School | Community School | Good | 0.94 KM |
| John Ray Junior School | Academy Sponsor Led | Good | 0.94 KM |
| Bra6 Carousel Family Hub | Children's Centre | 1.24 KM | |
| Notley High School And Braintree Sixth Form | Academy Converter | Serious Weaknesses | 1.25 KM |
| Alec Hunter Academy | Academy Sponsor Led | Good | 1.70 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Kipling Way | £ 0 | 0 | 0.00 KM |
| Reed Meadows | £ 375,000 | 0 | 0.00 KM |
| Reed Meadows | £ 0 | 0 | 0.00 KM |
| Shooters Way | £ 0 | 0 | 0.00 KM |
| Braintree Branch | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Braintree Freeport | 2053 | BTP | 0.84 KM |
| Braintree | 6801 | BTR | 1.10 KM |
| Cressing (Essex) | 6837 | CES | 2.43 KM |
| White Notley | 6846 | WNY | 4.91 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Penn Mews, Braintree | £ 120,000 | BUY | 5 / 10 | 0.00 KM |
| Penn Mews, Braintree | £ 100,000 | BUY | 6 / 10 | 0.01 KM |
| Braintree | £ 120,000 | BUY | 5 / 10 | 0.04 KM |
| Warrenside, Braintree, CM7 | £ 125,000 | BUY | 5 / 10 | 0.08 KM |
| Haskell Mews, BRAINTREE | £ 290,000 | BUY | 7 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 4 Penn Mews | £ 100,000 | 0.00 KM |
| 8 Penn Mews | £ 82,000 | 0.00 KM |
| 2 Penn Mews | £ 109,500 | 0.00 KM |
| 16 Penn Mews | £ 91,500 | 0.00 KM |
| 10 Penn Mews | £ 72,000 | 0.00 KM |