Flat 49 Ardleigh Court, Hutton Road, Shenfield, Brentwood, Essex, CM15 8NA

Description

RESIDENTIAL INVESTMENT: VACANT TWO BEDROOM TOP FLOOR APARTMENT CLOSE TO SHENFIELD RAILWAY STATION CONSIDERED AN IDEAL BUY TO LET INVESTMENT. A two bedroom apartment situated within a highly sought-after development in the heart of Shenfield. Conveniently located just 0.4 miles from Shenfield Broadway, near sought after primary and secondary schools and on good bus routes. The mainline railway station is nearby, which offers excellent transport links into London, including the Elizabeth Line, making it ideal for commuters.

Accommodation

Entrance Hall; Living Room - 14'9 x 13'7; Kitchen - 10'6 x 5'11; Bedroom One - 14'9 x 8'10; Bedroom Two - 10'6 x 5'11; Bathroom - 7'8 x 5'8

Location

Situated within a highly sought-after development in the heart of Shenfield, 0.4 miles from Shenfield Broadway, near sought after primary and secondary schools and on good bus routes. The mainline railway station is nearby and offers transport links into London, including the Elizabeth Line.

Tenure / Property Information

Investment Analysis

Same-development leasehold sales range from £200,000 to £350,000 between December 2023 and November 2024. As bedroom counts and condition are unavailable, a broad evidence-based scenario range is used, with a cautious £280,000 base GDV.

Investment Snapshot

Strategy Recommendation

Proceed only after confirming achievable rent, condition, lease terms, service-charge position and all auction fees. Avoid bidding solely on the stated BTL description.

Works Required

No specific defects or refurbishment requirements are evidenced. Allow only for inspection, safety checks and any works identified after viewing; no cost allowance is assumed.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £200,000 guide, the base 75% GDV refinance indication is £210,000 before refurbishment, acquisition costs, finance costs and taxes. Without verified rent, works and fees, cash left in and refinance viability cannot be established.

Buy-to-Let Analysis

The apartment is vacant and described as suitable for buy-to-let, but no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Rental yield cannot therefore be established. The £1,626 annual service charge must also be factored into net returns.

Flip Analysis

The evidence supports a broad resale scenario of £200,000–£350,000, with a £280,000 base GDV. Profit cannot be calculated because refurbishment, acquisition, selling and other project costs are not supplied.

Investor Risks & Due Diligence

• No specific rental evidence or passing rent is supplied.

• Comparable sale prices vary substantially from £200,000 to £350,000 and lack unit-specific details.

• Buyer premium, administration charge and other auction costs are unspecified.

• Annual service charge is stated at £1,626.

• Property condition and refurbishment requirements are not evidenced.

Recommendation

Proceed only after confirming achievable rent, condition, lease terms, service-charge position and all auction fees. Avoid bidding solely on the stated BTL description.

Strategy Rating

Analysis Confidence

Five same-development sold comparables and lease information are available, but bedroom-specific comparability, condition, rent, fees and refurbishment costs are not evidenced.