9 Oakbank, Hutton, Brentwood, Essex CM13 1DN

Description

A semi detached chalet-style house with three bedrooms in need of modernisation Situated in a quiet cul-de-sac in the highly sought-after town of Hutton, this charming chalet-style home offers ample accommodation with three bedrooms and two bathrooms. The property presents an excellent opportunity for buyers looking to modernise and add value. Ideally located close to Shenfield Station, with its transport links to London, as well as a range of local amenities. Occupying a generous corner plot, it benefits from a large rear garden and a substantial workshop/garage, offering ample space for storage, hobbies or future potential, subject to the necessary permissions. PLEASE NOTE that there is evidence of structural movement in the rear extension. Please refer to the legal pack for more information.

Location

9 Oakbank, Hutton, Brentwood, Essex CM13 1DN. Located in the CM13 postcode district. Verify exact position, access, local demand and comparable evidence before bidding.

Investment Analysis

Investment Snapshot

Strategy Recommendation

Initial strategy: Development. Set the maximum bid only after reviewing condition, legal pack, finance, rents and sold evidence.

Works Required

Obtain a survey and contractor quotations. Allow for services, compliance, decoration and any structural, roofing, damp, kitchen, bathroom, external or development works identified.

Rental & Market Context

HB rental/value figures are indicative appraisal estimates and should be checked against current local letting and sold evidence.

Sold within approximately 5 miles

Check recent Land Registry transactions and closely matched local comparables for property type, size, tenure and condition.

Potential BRRR Position

Refinance potential depends on the completed condition, lender valuation, tenure and rental stress testing; development/commercial assets require specialist lender criteria.

Flip Analysis

Any resale margin must include SDLT, auction/legal fees, finance, holding costs, professional fees, contingency, selling costs and tax.

Investor Risks & Due Diligence

• Read the full legal pack and special conditions

• Verify tenure, occupancy, planning and title restrictions

• Inspect condition and obtain contractor quotations

• Confirm finance and insurance availability

• Verify rents and recent sold comparables

• Allow for buyer premium, administration charges and disbursements

Recommendation

Proceed only where verified total project cost supports the intended development strategy with adequate contingency.

Strategy Rating

Development: ★★★★☆ | Resale: ★★★★☆ | Buy-to-Let: ★★☆☆☆