# 1 bedroom apartment for sale (CM15 9FE) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 1, MERRYMEADE HOUSE, MERRYMEADE CHASE, BRENTWOOD, ESSEX CM15 9FE | | Price | £155,250 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | C | | Construction age | England and Wales: 1900-1929 | | Floor area | 67 m² | | Last sold | £152,000 Nov 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** E - **Potential rating:** D - **Expiry date:** 22/05/2029 - **Current heating cost:** £719/year - **Est. upgrade cost to C:** £14,500 ### Recommendations - Q (£4,000 - £14,000) - W2 (£4,000 - £6,000) - X (£500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8481-7625-6670-9417-8922) ## Description 45% SHARED OWNERSHIP – CHARMING GRADE II LISTED APARTMENT Nestled within the picturesque and historic Merrymeade House, we are pleased to present this well maintained one-bedroom apartment, available on a 45% shared ownership basis. Located on the lower ground floor, the property opens with a welcoming entrance hall that leads into a thoughtfully arranged layout, including an open-plan kitchen and living area, a generous double bedroom, and a stylish modern shower room. Externally, residents enjoy immaculately kept communal grounds, and this apartment also benefits from its own allocated parking space. Positioned in a peaceful semi-rural setting surrounded by woodland and open fields, this home offers a rare blend of tranquillity and convenience. Despite its serene location, Merrymeade House is within easy walking distance of Brentwood town centre, offering a wealth of shopping, dining, and leisure opportunities. Both Brentwood and Shenfield mainline stations are also close by, providing direct connections into London and beyond. Please note: A monthly rent of £309.67 is payable for the remaining 55% share. **Lobby** - 2.7 x 2.3 (8'10" x 7'6") - **Living Room** - 5.2 x 4.8 (17'0" x 15'8") - **Bedroom** - 4.0 x 3.5 (13'1" x 11'5") - **Shower Room** - **Agents Note** - 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 ## Property Photos - ![Front.jpg](/listings/photos/161596214/1337930) - Front.jpg - ![DSC_0651.jpg](/listings/photos/161596214/1337931) - DSC_0651.jpg - ![DSC_0649.jpg](/listings/photos/161596214/1337932) - DSC_0649.jpg - ![DSC_0648.jpg](/listings/photos/161596214/1337933) - DSC_0648.jpg - ![DSC_0634.jpg](/listings/photos/161596214/1337934) - DSC_0634.jpg - ![DSC_0638.jpg](/listings/photos/161596214/1337935) - DSC_0638.jpg - ![DSC_0642.jpg](/listings/photos/161596214/1337936) - DSC_0642.jpg - ![DSC_0646.jpg](/listings/photos/161596214/1337937) - DSC_0646.jpg ## Floorplans - ![FP.jpg](/listings/photos/161596214/1337938) - FP.jpg ## EPC Graphs - ![EE Rating](/listings/photos/161596214/1337939) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | MERRYMEADE HOUSE FLAT 1 MERRYMEADE CHASE, BRENTWOOD, ESSEX, CM15 9FE | £152,000 | 21/11/2025 | Flat | | MERRYMEADE HOUSE FLAT 1 MERRYMEADE CHASE, BRENTWOOD, ESSEX, CM15 9FE | £135,000 | 05/10/2020 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 11 RAVENSCOURT, BRENTWOOD, ESSEX, CM15 9BE | £168,000 | 27/02/2026 | Flat | | THE MEADS 1 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9GL | £317,500 | 09/01/2026 | Flat | | ENDWAYS COURT 3 BURLAND ROAD, BRENTWOOD, ESSEX, CM15 9AS | £220,000 | 15/08/2025 | Flat | | 17 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9AU | £240,000 | 17/03/2025 | Flat | | 33 SAWYERS GROVE, BRENTWOOD, ESSEX, CM15 9BD | £370,000 | 10/12/2024 | Flat | | 103 SAWYERS GROVE, BRENTWOOD, ESSEX, CM15 9BD | £425,000 | 29/11/2024 | Flat | | THE MEADS 51 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9GL | £180,000 | 20/11/2023 | Flat | | 25 RAVENSCOURT, BRENTWOOD, ESSEX, CM15 9BE | £226,000 | 20/11/2023 | Flat | | WATERFORD HOUSE 5 HIGHLAND AVENUE, BRENTWOOD, ESSEX, CM15 9DD | £315,750 | 07/11/2023 | Flat | | THE MEADS 36 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9GL | £360,000 | 19/10/2023 | Flat | | HOLLY HOUSE FLAT 15 SAWYERS HALL LANE, BRENTWOOD, ESSEX, CM15 9BP | £213,000 | 04/10/2023 | Flat | | HOMEHURST HOUSE FLAT 48 SAWYERS HALL LANE, BRENTWOOD, ESSEX, CM15 9BU | £125,000 | 16/05/2023 | Flat | | HOLLY HOUSE FLAT 15 SAWYERS HALL LANE, BRENTWOOD, ESSEX, CM15 9BP | £200,000 | 19/04/2023 | Flat | | BURGESS COURT FLAT 4 BURLAND ROAD, BRENTWOOD, ESSEX, CM15 9BL | £325,000 | 16/12/2022 | Flat | | THE MEADS 9 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9GL | £340,000 | 02/12/2022 | Flat | | 32 RAVENSCOURT, BRENTWOOD, ESSEX, CM15 9BE | £270,000 | 25/11/2022 | Flat | | [Same street] MERRYMEADE HOUSE FLAT 9 MERRYMEADE CHASE, BRENTWOOD, ESSEX, CM15 9FE | £81,250 | 14/11/2022 | Flat | | HOMEHURST HOUSE FLAT 41 SAWYERS HALL LANE, BRENTWOOD, ESSEX, CM15 9BU | £115,000 | 14/10/2022 | Flat | | HOLLY HOUSE FLAT 7 SAWYERS HALL LANE, BRENTWOOD, ESSEX, CM15 9BP | £240,000 | 13/10/2022 | Flat | | THE MEADS 52 ONGAR ROAD, BRENTWOOD, ESSEX, CM15 9GL | £250,000 | 28/09/2022 | Flat | | SPRINGFIELD FLAT 5 HIGHLAND AVENUE, BRENTWOOD, ESSEX, CM15 9DD | £211,000 | 16/09/2022 | Flat | **Street average:** £81,250 (1 sale) **Area average:** £255,563 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £418,717 (24 Flat, CM15, 2024–2026) - **Deviation:** -62.9% ## Rental Range *ONS Price Index of Private Rents (Brentwood). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,452/mo - **Realistic:** £1,613/mo - **Optimistic:** £1,774/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for South West Essex (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £773/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 1 Bed Terraced House, Alfred Rd, CM14 | £850/mo | 1 | 0.45 miles | OpenRent | | Studio Flat, Greding Walk, CM13 | £950/mo | 1 | 1.22 miles | OpenRent | **Average rent: £900/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.58% (weak for cashflow) - **Max investor price (0.8%):** £112,500 - **Target investor price (1%):** £90,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £900/mo).* - **Gross yield:** 7% - **Cost-to-rent:** 14.4× - **Monthly cashflow:** £174/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 4.6% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £2,317/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -5% - **10y growth:** 40.6% ## House Price Index (HM Land Registry) *Official index for Brentwood; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** 0.2% - **5y growth (index):** 0.9% - **10y growth (index):** 13.7% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)