Auction

1/4

Auction

1/4

Flat for sale Rayne Road, Braintree, CM7

Guide Price

£110,000

Added on 02/10/2026

For sale by auction

Type: Flat
Bedrooms: Studio
Size: £249 per sq ft
Tenure: Ask agent

Key features

Modern method of auction
Ground floor commercial unit
Approx. 41 sq m (439 sq ft) internal space
Prominent frontage with strong visibility
Separate kitchen and wc
Town centre / high footfall location

About this property

An excellent opportunity to acquire a well-positioned ground floor commercial premises currently occupied by a local estate agency, making this an attractive proposition for investors. The property extends to approximately 41 sq m (439 sq ft) of internal accommodation and is arranged predominantly as an open-plan office space, allowing flexibility for a variety of business uses (subject to the necessary consents). The layout also benefits from a separate kitchen area and WC facilities.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,520
Band B

£1,774
Band C

£2,027
Band D

£2,280
Band E

£2,787
Band F

£3,294
Band G

£3,801
Band H

£4,561

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Braintree, 2026/27 bills run from £1,520 a year in band A to £4,561 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Braintree, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

This home

£249 / sq ft

Area average (sold)

£356 / sq ft

Price per area, sold homes nearby

£263 / sq ft

£249 / sq ft

£447 / sq ft

Lowest

This home

Highest

£249 per sq ft, below almost all recent sales in CM7 (£263–£447, 10th–90th percentile, 1,392 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,392 homes sold in CM7 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in CM7 →

Location

Rayne Road, Braintree, CM7

Open map Street View

Part of a development

This home is in Cox's Yard. See the scheme's facilities, developer and other homes there.

Cox's Yard

Braintree

View development

Mortgage and stamp duty

Property price £110,000

£55k £165k

Deposit10% £11,000

£0 £110k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £99,000 mortgage. Most lenders would want a household income of about £22,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 4, Gordon House, 22, Rayne Road Flat / maisonette	Flat / maisonette	Dec 2022	n/a	n/a	n/a	£280,000
Flat, 3, Rayne Road Flat / maisonette	Flat / maisonette	Aug 2022	n/a	n/a	n/a	£285,000
Flat 2, Gordon House, 22, Rayne Road Flat / maisonette	Flat / maisonette	May 2022	n/a	n/a	n/a	£285,000
Flat 1, Gordon House, 22, Rayne Road Flat / maisonette	Flat / maisonette	Mar 2022	n/a	n/a	n/a	£245,000
12a, Rayne Road Flat / maisonette	Flat / maisonette	May 2021	829 sq ft £241/sq ft	829 sq ft	£241	£200,000
Flat 2, 32 - 34, Rayne Road Flat / maisonette	Flat / maisonette	Jul 2020	441 sq ft £255/sq ft	441 sq ft	£255	£112,500
Flat1, 32 - 34, Rayne Road Flat / maisonette	Flat / maisonette	Oct 2019	n/a	n/a	n/a	£150,000
Flat1, 32 - 34, Rayne Road Flat / maisonette	Flat / maisonette	Sept 2017	n/a	n/a	n/a	£120,000