Foundry Way, Rayne, Braintree
Branocs Estates LTD logo

Foundry Way, Rayne, Braintree

By Branocs Estates LTD

£ 240,000

Reviews

2 out of 5 stars

Branocs Estates LTD says ..

** CALLING ALL FIRST TIME BUYERS ** Nestled within the centre of the highly sought after village of Rayne, within close reach of nearby village amenities, this OVERLY SPACIOUS first floor apartment offers an excellent first time purchase opportunity or buy to let investment, presented in EXCELLEN...

Property Oracle says ..

This 2-bedroom, 1-bathroom apartment located on Foundry Way in Rayne, Braintree, Essex is presented as a suitable option for first-time buyers or investors. The property boasts a modern and well-maintained interior, as evidenced by the provided photographs. The kitchen and bathroom appear to be recently updated, adding to the overall appeal. The apartment’s location in Rayne offers access to village amenities and is relatively close to Braintree train station, providing convenient transport links. The proximity to Rayne Primary and Nursery School is a significant advantage for families. However, it is important to note that the property is an apartment with no associated garden or outdoor space. The lack of plot size information in the listing prevents a more detailed analysis of the overall value. The list price of £240,000 appears reasonable compared to other properties in the area, although a definitive assessment requires more comprehensive data on comparable sales and rental prices per square foot. Potential buyers should conduct thorough research and viewings to fully assess the property’s suitability to their needs and budget.

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
8
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
700.00
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Leaflet © OpenStreetMap contributors

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
186,000.00 £
Decreased by 22.35 %
from 239,522.00 £
Est sale value
156,800.00 £
Increased by 40.00 %
from 112,000.00 £
Average area rental value
945.00 £/mo
Increased by 10.14 %
from 858.00 £/mo
Est letting value
700.00 £/mo
from 0.00 £/mo
Est rental Yield
6.10 %
Increased by 41.86 %
from 4.30 %
Crime Rate
50.00 %
Unchanged by 0.00 %
from 50.00 %

Agent Activity

  • Branocs Estates LTD created the listing.

Nearby Schools

NameTypeOfstedDistance
Rayne Primary And Nursery SchoolAcademy Sponsor Led0.37 KM
Notley Green Primary SchoolAcademy ConverterGood2.71 KM
White Court SchoolCommunity SchoolGood3.07 KM
St Michael'S Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolOutstanding3.44 KM
Tabor AcademyAcademy ConverterGood3.76 KM

Images

IMG_7734.JPG IMG_7719.jpg IMG_7714.jpg IMG_7720.jpg IMG_7717.jpg IMG_7715.jpg IMG_7725.jpg IMG_7727.jpg IMG_7722.jpg IMG_7730.jpg IMG_7731.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Carpenter's Drive £ 445,00000.00 KM
Hockley Avenue £ 364,16800.00 KM
Bran Field Way £ 293,33300.00 KM
Cockle Field £ 395,00000.00 KM
Grasmere Close £ 180,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Braintree6801BTR5.42 KM
Braintree Freeport2053BTP6.76 KM
Cressing (Essex)6837CES8.20 KM

Nearby Listings

AddressPriceTypeScoreDistance
Foundry Way, Rayne, Braintree £ 240,000BUY5 / 100.00 KM
Foundry Way, Rayne, CM77 £ 435,000BUY7 / 100.03 KM
Foundry Way, Rayne, Braintree £ 375,000BUY7 / 100.04 KM
Station Road, Rayne, Braintree £ 335,000BUYUnknown0.12 KM
Elm Walk, Braintree £ 320,000BUYUnknown0.13 KM

Nearby Properties

AddressPriceDistance
41 Foundry Way £ 270,0000.02 KM
20 Foundry Way £ 175,0000.03 KM
14 Foundry Way £ 310,0000.03 KM
10 Foundry Way £ 400,0000.03 KM
16 Foundry Way £ 175,0000.03 KM