3 Bed Detached House, Planning Permission, Woodford Green, IG8 8AZ, £649,995

11 Turpins Lane, Woodford Green, Essex, IG8 8AZ - 5 views - 2 years ago

Planning
84 m²
+17 photos

ValuationOvervalued

Sold Prices£441K - £978K
Sold Prices/m²£4.5K/m² - £7.7K/m²

 

 

Square Metres

84 m²
Price/m²£7.7K/m²

Value Estimate

£482,812

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£162,499

Stamp Duty & Legal Fees

£40,700

Total Cash In

£203,198

 

 

Cash Out

 

Rent Range

£1,950 - £3,500

Rent Estimate

£2,350

Running Costs/mo

£2,521

Cashflow/mo

£-171

Cashflow/yr

£-2,055

Gross Yield

4%

Local Sold Prices

50 sold prices from £441K to £978K, average is £528.3K. £4.5K/m² to £7.7K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£625K11/200 mi41, Turpins Lane, Woodford Green, Essex IG8 8AZ3
£635K10/220 mi11, Turpins Lane, Woodford Green, Essex IG8 8AZ3
£560K03/210.02 mi7, Smeaton Road, Woodford Green, Essex IG8 8BD3
£627.5K06/230.02 mi5, Smeaton Road, Woodford Green, Essex IG8 8BD3
£509K02/210.06 mi769, Chigwell Road, Woodford Green, Essex IG8 8AU3
£520K03/210.07 mi14, Love Lane, Woodford Green, Essex IG8 8BB3
£510K06/210.07 mi41, Brunel Road, Woodford Green, Essex IG8 8BE3
£465K11/200.07 mi36, Brunel Road, Woodford Green, Essex IG8 8BE3
£510K05/230.07 mi32, Brunel Road, Woodford Green, Essex IG8 8BE3
£535K02/210.07 mi53, Brunel Road, Woodford Green, Essex IG8 8BE3
£520K01/230.07 mi54, Brunel Road, Woodford Green, Essex IG8 8BE3
£610K02/230.13 mi1, Hilltop View, Woodford Green, Essex IG8 8BG3
£505K05/210.16 mi709, Chigwell Road, Woodford Green, Greater London IG8 8AS3
£500K01/210.29 mi2, Stanford Close, Woodford Green, Greater London IG8 8DY3
£441K12/220.3 mi9, Moreton Gardens, Woodford Green, Greater London IG8 8DZ3
£545K04/230.3 mi13, Kinnaird Way, Woodford Green, Greater London IG8 8DD3
£547.5K01/210.3 mi6, Kinnaird Way, Woodford Green, Greater London IG8 8DD3
£530K06/210.34 mi7, Gwynne Park Avenue, Woodford Green, Greater London IG8 8AB3
£547.5K04/210.34 mi17, Gwynne Park Avenue, Woodford Green, Greater London IG8 8AB3
£450K12/220.36 mi738, Chigwell Road, Woodford Green, Greater London IG8 8AL3
£480K04/210.39 mi37, Deacon Way, Woodford Green, Greater London IG8 8DF3
£465K01/210.39 mi33, Latchingdon Gardens, Woodford Green, Greater London IG8 8EA3
£565K02/210.4 mi11, Cairns Avenue, Woodford Green, Greater London IG8 8DH3
£530K02/210.4 mi29, Cairns Avenue, Woodford Green, Greater London IG8 8DH3
£550K11/220.41 mi643, Chigwell Road, Woodford Green, Greater London IG8 8AJ3
£590K02/230.41 mi28, Morgan Way, Woodford Green, Greater London IG8 8DL3
£500K03/230.42 mi75, Waltham Road, Woodford Green, Greater London IG8 8DW3
£635K02/230.43 mi6, Nyssa Close, Woodford Green, Greater London IG8 8DQ3
£515K04/210.43 mi59, Stoneycroft Road, Woodford Green, Greater London IG8 8ED3
£515K04/210.45 mi8, Owen Gardens, Woodford Green, Greater London IG8 8DJ3
£470K05/230.46 mi15, Owen Gardens, Woodford Green, Greater London IG8 8DJ3
£470K11/210.46 mi6, Owen Gardens, Woodford Green, Greater London IG8 8DJ3
£815K07/210.46 mi6, Chapel Mews, Woodford Green, Greater London IG8 8GP3
£560K02/210.49 mi75, Roding Lane North, Woodford Green, Greater London IG8 8NR3
£526.5K04/230.52 mi30, Waltham Road, Woodford Green, Greater London IG8 8DN3
£475K07/210.52 mi7, Waltham Road, Woodford Green, Greater London IG8 8DN3
£800K12/200.52 miFlat 8, Osborne House, Hampstead Avenue, Woodford Green, Greater London IG8 8RE3
£480K05/210.59 mi41, Gaynes Hill Road, Woodford Green, Greater London IG8 8HU3
£655K03/210.59 mi57, Chigwell Park Drive, Chigwell, Essex IG7 5AZ3
£880K06/210.61 mi3, Chigwell Park Drive, Chigwell, Essex IG7 5BD3
£600K11/220.64 mi5, Hazel Lane, Ilford, Greater London IG6 2AG3
£978K02/220.64 mi5, Nicola Mews, Ilford, Greater London IG6 2QE3
£540K11/200.65 mi56, Copthorne Avenue, Ilford, Greater London IG6 2SQ3
£480.1K11/210.65 mi48, Canfield Road, Woodford Green, Greater London IG8 8JQ3
£450K08/210.65 mi12, Canfield Road, Woodford Green, Greater London IG8 8JQ3
£720K11/210.67 mi69, Coolgardie Avenue, Chigwell, Essex IG7 5AX3
£460K04/210.67 mi46, Copthorne Avenue, Ilford, Greater London IG6 2SQ3
£535K11/200.67 mi33, Copthorne Avenue, Ilford, Greater London IG6 2SG3
£460K04/210.67 mi46, Copthorne Avenue, Ilford, Greater London IG6 2SQ3
£443K03/210.69 mi50, Canfield Road, Woodford Green, Greater London IG8 8JQ3

Local Rents

19 rents from £1.9K/mo to £3.5K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£2,10006/240.07 miBrunel Road, Woodford Green, IG83
£2,75001/250.27 mi-3
£2,75001/250.27 mi-3
£1,95004/240.33 miElmslie Close, Chigwell, Essex, IG83
£2,80004/240.34 miNew Forest Lane, Chigwell IG73
£2,50004/240.41 miStoneycroft Road, Woodford Green3
£2,50005/240.41 miStoneycroft Road, Woodford Green3
£2,35006/240.41 miStoneycroft Road, Woodford Green3
£3,00006/240.5 miChigwell, Essex, IG73
£3,50005/240.52 miOsborne House, Woodford Green, Essex, IG83
£3,00005/240.52 miRepton Park, Woodford Green, IG83
£2,75004/240.52 miRepton Park, Woodford Green, IG83
£2,99505/240.52 miRepton Park, Woodford Green, IG83
£2,99506/240.52 miRepton Park, Woodford Green, IG83
£2,35005/240.53 miWaltham Road, Woodford Green, IG83
£2,85007/240.57 miPark View, Chigwell, IG73
£2,80005/240.58 miDevonshire House, Woodford Green, IG83
£2,80007/240.58 mi-3
£2,75005/240.6 miRichmond Drive, Woodford Green, Greater London, IG83

Local Area Statistics

Population in IG8

35,894

Town centre distance

1.10 miles away

Nearest school

0.10 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £649,995

August 18, 2023

Sold for £635,000

2022

Floor Plans

Description

  • ***** OFFERED CHAIN FREE ***** +
  • A SPACIOUS 3 BEDROOM DETACHED FAMILY HOME +
  • PLANNING PERMISSION APPROVED TO EXTEND THE CURRENT PROPERTY INTO A LARGE 5 BEDROOM, 5 BATHROOM (1,880 SQUARE FEET) LUXURIOUS HOUSE +
  • A SIZEABLE (25' 8" X 12' 10") LOUNGE / DINING ROOM +
  • KITCHEN (12' 8" X 7' 3") +
  • A (20' 1" X 5' 2") CONSERVATORY +
  • THE PRIMARY BEDROOM MEASURES (13' 6" X 12' 0"), THE SECONDARY BEDROOM IS (12' 0" X 11' 8") AND THE THIRD BEDROOM IS (8' 4" X 7' 9"). +
  • THERE IS A SIZEABLE REAR GARDEN & OFF STREET PARKING +
  • LOCATED ONLY 0.8 MILES FROM CHIGWELL (CENTRAL LINE) TUBE STATION +
  • TURPINS LANE IS SITUATED CLOSE TO GOOD SCHOOLS, LOCAL SHOPS AND AMENITIES +

* OFFERED CHAIN FREE *

A SPACIOUS THREE BEDROOM DETACHED FAMILY HOME WITH PLANNING PERMISSION APPROVED TO EXTEND THE CURRENT PROPERTY INTO A LARGE FIVE BEDROOM, FIVE BATHROOM (1,880 SQUARE FEET) LUXURIOUS HOUSE.

TURPINS LANE IS SITUATED CLOSE TO GOOD SCHOOLS, LOCAL SHOPS AND AMENITIES. THE HOUSE IS LOCATED ONLY 0.8 MILES FROM CHIGWELL (CENTRAL LINE) TUBE STATION.

THE GROUND FLOOR ACCOMODATION CURRENTLY COMPRISES OF A SIZEABLE (25' 8" X 12'10") LOUNGE / DINING ROOM. THERE IS A (12' 8" X 7' 3") KITCHEN AND A (20' 1" X 5' 2") CONSERVATORY WHICH OVERLOOKS THE REAR GARDEN.

THE FIRST FLOOR ACCOMMODATION OFFERS THREE GOOD-SIZED BEDROOMS, THE PRIMARY BEDROOM MEASURES (13' 6" X 12' 0"), THE SECONDARY BEDROOM IS (12' 0" X 11' 8") AND THE THIRD BEDROOM IS (8' 4" X 7' 9"). ALL THREE BEDROOMS ARE SERVICED BY A FULLY TILED THREE-PIECE FAMILY BATHROOM SUITE.

EXTERNALLY THERE IS A SIZEABLE REAR GARDEN THAT OFFERS SIDE PEDESTRIAN ACCESS AND OFF-STREET PARKING TO THE FRONT OF THE PROPERTY.

FULL DETAILS OF THE PLANNING PERMISSION OBTAINED CAN BE FOUND UNDER THE PLANNING APPLICATION SEARCH ON THE EPPING FOREST DISTRICT COUNCIL WEBSITE BY SEARCHING THE REFERENCE NUMBER EPF/1133/23.

FOR MORE INFORMATION OR TO ARRANGE A VIEWING PLEASE CONTACT JOHN THOMA BESPOKE ESTATE AGENCY.

COUNCIL TAX: BAND E (EPPING FOREST)

Agent Note: The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.

Agent Details

John Thoma Bespoke Estate Agency, Chigwell Branch

020 8340 8833

Next Steps?

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