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See how verdicts work2-bedroom house · CM15 0EU
For saleListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With its own good-sized, easy to maintain garden and garage parking to the rear of the property is this two double bedroom, end of terrace house; an ideal purchase for anyone looking to get themselves on the housing ladder.
Viewers will note that as part of the affordable homes scheme this property is being sold as a 50% shared ownership home, with the opportunity to purchase up to an 80% share if desired (subject to approval and meeting certain requirements set by the housing association).
Situated in Ongar Road, Stondon Massey you are within easy reach of the nearby villages of Blackmore, Doddinghurst and Kelvedon Hatch, all offering a great range of local amenities, and are also just a short drive into Brentwood and Shenfield Town Centre, where you will find high street shopping and mainline train services into London.
** Please note : Applicants offering on the property will need to meet conditions and be approved by the housing association to proceed with any purchase.
Upon entering the property, you find yourself immediately in a spacious lounge/diner with stairs rising to the first-floor level.
A box bay window to the front and sliding patio doors to the rear opening onto the garden, allow for plenty of natural lighting into this room.
A door from the lounge gives access into a well-fitted kitchen with white wall and base units providing ample storage options.
Integrated appliances include double ovens and there is a gas hob and space for additional appliances. The first-floor landing offers access into the loft space and into all rooms.
There are two double bedrooms, both having space for either freestanding or fitted bedroom furniture.
Finishing the accommodation on the first floor is a fully tiled shower room with shower cubicle, wash hand basin, w.c and bidet.
The property benefits from a good-sized rear garden which has a good deal of privacy.
The garden which commences with a patio area is accessible via patio doors in the lounge, with the remainder of the garden being laid to lawn.
Parking is available to the rear via your own garage (in block) with additional parking space to the front of the garage.
At the front of the property a pathway leading to the front door is flanked by lawns, and the garden extends to the side of the property.
Door into : Lounge / Diner (5.89m x 4.95m (19'4 x 16'3)) Box bay window to front aspect and sliding patio doors to the rear, giving access into the garden. Laminate flooring.
Stairs rising to the first floor with built-in storage cupboard under. Door into : Kitchen (4.17m x 1.93m (13'8 x 6'4)) White wall and base units with contrasting work surface over.
Integrated double ovens, gas hob and space for freestanding appliances. Double aspect with windows to the front and side. First Floor Landing Doors to all rooms. Loft access.
Bedroom (4.17m x 3.00m (13'8 x 9'10)) Window to rear aspect. Space for freestanding or fitted wardrobes. Bedroom (4.17m x 2.59m (13'8 x 8'6)) Window to front and side aspect.
Space for freestanding or fitted wardrobes. Built-in storage cupboard. Shower Room (2.16m x 1.75m (7'1 x 5'9)) Window to front aspect.
Fully tiled and fitted with a wash hand basin, w.c., bidet and shower cubicle. Exterior - Rear Garden Good-sized rear garden which commences with a patio leading into lawn.
Timber panelled fencing to boundary.
Parking - Garage (5.31m x 2.57m (17'5 x 8'5)) There is parking to the rear of the property, located in block close by, which includes a parking space in front of your own garage. Up and over door.
Agents Note - Shared Ownership Conditions This sale is for a 50% share of the ownership, with the option to purchase up to 80% of the share (subject to approval) Applicants offering on the property will need to meet conditions and be approved by the housing association to proceed with any purchase.
The buyer will be required to pay a reservation fee directly to the housing association within 24 hours of a formal offer being agreed.
The buyer must complete a full financial assessment with the housing association panel advisers.
Agents Note - Fee Disclosure As part of the service we offer we may recommend ancillary services to you which we believe may help you with your property transaction.
We wish to make you aware, that should you decide to use these services we will receive a referral fee. For full and detailed information please visit 'terms and conditions' on our website
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 40, Ongar Road, Brentwood
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