7 Culyers Yard, 40 William Hunter Way, Brentwood, Essex, CM14 4WT

Description

An attractive one-bedroom apartment forming part of a modern residential development, ideally situated close to Brentwood town centre and its excellent range of shopping, leisure and transport facilities. The property offers well-proportioned accommodation comprising an entrance hall, open-plan living/dining/kitchen area, one bedroom and a bathroom/WC. The property may appeal to owner-occupiers, first-time buyers and investors seeking a well-located apartment within easy reach of Brentwood's town centre and wider transport links.

Accommodation

Entrance Hall; Living/Dining/Kitchen - 30'6 X 9'2; Bedroom - 14'9 X 9'2; Bathroom/WC - 11'10 X 4'7

Location

Close to Brentwood town centre and its shopping, leisure and transport facilities, with wider transport links nearby.

Tenure / Property Information

Investment Analysis

Same-development completed sales range from £245,000 to £350,000. A base GDV of £300,000 is used, but exact flat comparability, floor, size and condition are not evidenced.

Investment Snapshot

Strategy Recommendation

Potentially suitable as a long-term BTL at the guide, subject to verifying the tenancy, rent, service charge, ground rent and lease documents. Do not rely on the apparent GDV margin without full costs and inspection.

Works Required

No specific works are evidenced. Inspection and confirmation of the tenant’s condition, lease, service-charge position and management arrangements are required.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £300,000 base GDV, 75% refinancing indicates £225,000. Against the £205,000 purchase figure, this suggests £20,000 potential surplus before works, fees, finance and tax. No refurbishment allowance or buyer fees are supplied, and actual lending depends on valuation and tenancy evidence.

Buy-to-Let Analysis

At the £205,000 guide, the advertised £1,200 pcm rent implies a 7.02% gross yield before costs. Ground rent and service charge total £2,200 annually, reducing income before other costs. Passing rent is not supplied, so the rental return is indicative only.

Flip Analysis

The base GDV of £300,000 exceeds the £205,000 guide by £95,000 before selling costs, works, acquisition costs, finance and tax. A reliable flip surplus cannot be established because these costs and a supported selling allowance are unavailable.

Investor Risks & Due Diligence

• Advertised rents are not achieved or passing rents.

• £1,900 annual service charge and £300 ground rent reduce net income.

• Buyer, administration, finance, tax and selling costs are not supplied.

• Exact flat comparability and condition are unconfirmed.

• Leasehold and tenancy documentation require verification.

Recommendation

Potentially suitable as a long-term BTL at the guide, subject to verifying the tenancy, rent, service charge, ground rent and lease documents. Do not rely on the apparent GDV margin without full costs and inspection.

Strategy Rating

Analysis Confidence

Completed sales and advertised rents are available, but exact comparable details, passing rent, condition, buyer fees and tenancy information are missing.