ValuationUndervalued

Sold Prices	£450K - £1.3M
Sold Prices/m²	£3.6K/m² - £8.3K/m²

Square Metres	~178.28 m²
Price/m²	£3.1K/m²
Value Estimate	£665,500£665,500
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£137,500£137,500
Stamp Duty & Legal Fees	£46,200£46,200
Total Cash In	£183,700£183,700

Cash Out
Room Rate	£715£715
Gross Rent	£3,575£3,575
Running Costs/mo	£3,122£3,122
Cashflow/mo	£453£453
Cashflow/yr	£5,435£5,435
ROI	3%3%
Gross Yield	8%8%

Local Sold Prices

24 sold prices from £450K to £1.3M, average is £750K. £3.6K/m² to £8.3K/m², average is £4.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£725K	01/23	0.07 mi	28, Ellis Close, Hoddesdon, Hertfordshire EN11 9FE	£4,050	179	5	Detached House
£730K	06/21	0.15 mi	33, High Wood Road, Hoddesdon, Hertfordshire EN11 9AP	£4,679	156	5	Detached House
£450K	04/23	0.26 mi	3, The Coppings, Hoddesdon, Hertfordshire EN11 9NJ	-	-	5	Terraced House
£855K	08/24	0.27 mi	11, Roselands Avenue, Hoddesdon EN11 9AH	£3,638	235	5	Detached House
£855K	08/24	0.27 mi	11, Roselands Avenue, Hoddesdon EN11 9AH	£3,638	235	5	Detached House
£855K	08/24	0.27 mi	11, Roselands Avenue, Hoddesdon EN11 9AH	-	-	5	Detached House
£455K	04/25	0.29 mi	2, The Coppings, Hoddesdon EN11 9NJ	£4,417	103	5	Terraced House
£455K	04/25	0.29 mi	2, The Coppings, Hoddesdon EN11 9NJ	-	-	5	Terraced House
£550K	06/21	0.31 mi	34, Roselands Avenue, Hoddesdon, Hertfordshire EN11 9BB	£6,180	89	5	Semi-Detached House
£800K	06/21	0.61 mi	47, Ware Road, Hoddesdon, Hertfordshire EN11 9AB	£6,557	122	5	Semi-Detached House
£755K	03/25	0.61 mi	25, Westhill Road, Hoddesdon EN11 9DL	£5,067	149	5	Detached House
£755K	03/25	0.61 mi	25, Westhill Road, Hoddesdon EN11 9DL	-	-	5	Detached House
£615K	04/24	0.65 mi	80, Stanstead Road, Hoddesdon EN11 0RL	£4,522	136	5	Detached House
£1.0M	08/24	0.74 mi	15, Fitzpatrick Lane, Hoddesdon EN11 9FJ	£8,333	123	5	Detached House
£1.0M	08/24	0.74 mi	15, Fitzpatrick Lane, Hoddesdon EN11 9FJ	-	-	5	Detached House
£990K	07/24	0.74 mi	14, Fitzpatrick Lane, Hoddesdon EN11 9FJ	£4,877	203	5	Detached House
£750K	03/25	0.76 mi	4, Cranbourne Drive, Hoddesdon EN11 0QQ	£4,967	151	5	Detached House
£750K	03/25	0.76 mi	4, Cranbourne Drive, Hoddesdon EN11 0QQ	-	-	5	Detached House
£595K	06/21	0.76 mi	54, Whitley Road, Hoddesdon, Hertfordshire EN11 0PX	£3,814	156	5	Detached House
£1.1M	07/22	0.79 mi	Alana, Hertford Road, Hoddesdon, Hertfordshire EN11 9JL	£5,402	199	5	Detached House
£570K	10/24	0.8 mi	40, Field Way, Hoddesdon EN11 0QN	£3,800	150	5	Semi-Detached House
£1.3M	11/24	0.92 mi	15, Gypsy Lane, Ware SG12 9RL	£5,301	249	5	Detached House
£500K	08/22	0.95 mi	126, Rye Road, Hoddesdon, Hertfordshire EN11 0HW	£5,618	89	5	Semi-Detached House
£681.5K	09/21	0.98 mi	24, Pepper Hill, Great Amwell, Ware, Hertfordshire SG12 9RZ	-	-	5	Semi-Detached House

Local Area Statistics

Population in EN11	21,47821,478
Town centre distance	0.78 miles away0.78 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.12 miles away1.12 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+14%+14%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+10%+10%

Property History

Price changed to £550,000

December 28, 2024

Listed for £600,000

December 23, 2023

Description

Detached family house +
Cul-de-sac location +
Double garage +
Side access +
Five bedrooms +
Two receptions +
Central heating +

This five-bedroom modern detached house is situated within a prime and popular residential cul-de-sac location. It comprises two receptions, a kitchen, and a downstairs cloakroom on the ground floor. The first floor has four bedrooms, one of which has an en-suite and a family bathroom, with the main bedroom and en-suite occupying the top floor. The house benefits from a double garage accessed from the garden and side access. It is currently let as a House of Multiple Occupancy and is licenced and fully occupied.

EPC Rating: C

Agent Details

Properly, London

020 3840 3405

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

5 Bed HMO, Hoddesdon, EN11 9FG £550,000