1/8
£315,000
3 beds · 2 baths · 1,130 sq ft
Bramley Close, Braintree, Essex, CM7
0.28 miles
away
Freehold
Added on 31/08/2026 
1/7
1/7
£100,000
Guide Price 1 bed flat for sale Penn Mews, Braintree
1
bed 1
bath Studio
Leasehold
Added on 16/09/2026
About this property
**GUIDE PRICE £100,000 - £120,000** Ideal Investment Opportunity – A well-presented ground floor studio apartment located in a peaceful cul-de-sac just off Parklands, Braintree. Currently tenanted and generating £10,200 per annum, this property is perfect for investors. Welcome to Penn Mews, a studio apartment nestled in a quiet cul-de-sac setting in Braintree.
Key features
- Investment Opportunity
- Studio Apartment
- Quiet Cul-De-Sac
- Double Glazing
- Communal Gardens
- Allocated parking
Floorplan
Location
Penn Mews, Braintree, CM7 2TQ
- Council tax
- Band D (Approx £2,280/year)The agent has not stated the band, so band D is shown as the local reference: Braintree's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £100,000
£50k £150k
Deposit10% £10,000
£0 £100k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £90,000 mortgage. Most lenders would want a household income of about £20,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in CM7 2TQ. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 12, Penn Mews Flat / maisonette | Flat / maisonette | Apr 2026 | 334 sq ft £376/sq ft | 334 sq ft | £376 | £125,500 |
| 4, Penn Mews Flat / maisonette | Flat / maisonette | Jun 2019 | 323 sq ft £310/sq ft | 323 sq ft | £310 | £100,000 |
| 2, Penn Mews Flat / maisonette | Flat / maisonette | Sept 2016 | 377 sq ft £291/sq ft | 377 sq ft | £291 | £109,500 |
| 8, Penn Mews Flat / maisonette | Flat / maisonette | Sept 2015 | 334 sq ft £246/sq ft | 334 sq ft | £246 | £82,000 |
| 8, Penn Mews Flat / maisonette | Flat / maisonette | May 2011 | 334 sq ft £174/sq ft | 334 sq ft | £174 | £58,000 |
| 16, Penn Mews Flat / maisonette | Flat / maisonette | Jun 2010 | 334 sq ft £259/sq ft | 334 sq ft | £259 | £86,500 |
| 14, Penn Mews Flat / maisonette | Flat / maisonette | Nov 2009 | 344 sq ft £213/sq ft | 344 sq ft | £213 | £73,250 |
| 4, Penn Mews Flat / maisonette | Flat / maisonette | Apr 2008 | 323 sq ft £268/sq ft | 323 sq ft | £268 | £86,500 |
Area insights
The neighbourhood around this property.
Marketed by
William H. Brown, Braintree
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