2 Bed Flat, Single Let, Ilford, IG5 0RU, £250,000

Fullwell Avenue, ILFORD, Essex, IG5 0RU - 9 views - a year ago

BTL
ROI: 11%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£195K - £670K
Sold Prices/m²£2.3K/m² - £7.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£307,500
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,450 - £4,000

Rent Estimate

£1,790

Running Costs/mo

£1,159

Cashflow/mo

£631

Cashflow/yr

£7,569

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £195K to £670K, average is £308.5K. £2.3K/m² to £7.4K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£343K09/220.1 mi344, Fullwell Avenue, Ilford, Greater London IG5 0RY2
£300K06/210.11 mi23, Wedmore Avenue, Ilford, Greater London IG5 0XF2
£305K01/210.19 mi139a, Ravensbourne Gardens, Ilford, Greater London IG5 0XG2
£310K12/200.19 mi123, Ravensbourne Gardens, Ilford, Greater London IG5 0XG2
£275K06/210.2 mi43a, Caernarvon Drive, Ilford, Greater London IG5 0XE2
£315K02/220.2 mi113, Ravensbourne Gardens, Ilford, Greater London IG5 0XG2
£310K02/220.2 mi68, Caernarvon Drive, Ilford, Greater London IG5 0XE2
£297K06/210.21 mi79, Caterham Avenue, Ilford, Greater London IG5 0QB2
£232K02/220.24 mi257a, Fullwell Avenue, Ilford, Greater London IG5 0RD2
£480K11/200.28 miFlat 16, The Manor, Regents Drive, Woodford Green, Greater London IG8 8RT2
£325K05/220.28 mi282, Fullwell Avenue, Ilford, Greater London IG5 0SA2
£250K12/220.28 mi304a, Fullwell Avenue, Ilford, Greater London IG5 0SA2
£278K06/220.29 mi235a, Fullwell Avenue, Ilford, Greater London IG5 0RB2
£300K07/220.29 mi28a, Caernarvon Drive, Ilford, Greater London IG5 0XD2
£315K02/220.3 mi298a, Fullwell Avenue, Ilford, Greater London IG5 0SA2
£320K02/220.31 mi22a, Caernarvon Drive, Ilford, Greater London IG5 0XD2
£255K03/220.31 mi233a, Fullwell Avenue, Ilford, Greater London IG5 0RB2
£575K03/210.35 miFlat 2, Osborne House, Hampstead Avenue, Woodford Green, Greater London IG8 8RE2
£450K03/210.35 miFlat 5, The Manor, Regents Drive, Woodford Green, Greater London IG8 8RT2
£295K02/220.37 mi207a, Fullwell Avenue, Ilford, Greater London IG5 0RA2
£275K03/210.37 mi201a, Fullwell Avenue, Ilford, Greater London IG5 0RA2
£299.6K03/220.38 mi5a, Calne Avenue, Ilford, Greater London IG5 0XB2
£285K07/210.38 mi268, Fullwell Avenue, Ilford, Greater London IG5 0SB2
£630K11/200.4 miFlat 20, Sutherland House, Rosebury Square, Woodford Green, Greater London IG8 8NS2
£670K04/210.41 miFlat 9, Wentworth House, Hampstead Avenue, Woodford Green, Greater London IG8 8QB2
£600K03/210.41 miFlat 15, Wentworth House, Hampstead Avenue, Woodford Green, Greater London IG8 8QB2
£640K06/210.46 miFlat 7, Kensington House, Richmond Drive, Woodford Green, Greater London IG8 8RJ2
£460K02/210.46 miFlat 12, Kensington House, Richmond Drive, Woodford Green, Greater London IG8 8RJ2
£477.5K02/210.5 miFlat 1, Bradfield House, The Boulevard, Woodford Green, Greater London IG8 8GR2
£273K03/210.58 mi8, Tiptree Crescent, Ilford, Greater London IG5 0SZ2
£375K06/210.61 mi62, Chapelmount Road, Woodford Green, Greater London IG8 8HW2
£375K06/210.61 mi62, Chapelmount Road, Woodford Green, Greater London IG8 8HW2
£355K10/220.61 mi22, Chapelmount Road, Woodford Green, Greater London IG8 8HW2
£265K11/200.62 mi121a, Fullwell Avenue, Ilford, Greater London IG6 2JG2
£195K06/210.62 mi147, Tiptree Crescent, Ilford, Greater London IG5 0SX2
£325K12/210.62 mi9, Westfield Park Drive, Woodford Green, Greater London IG8 8FD2
£350K11/220.68 mi11, Oakwood Close, Woodford Green, Greater London IG8 8EQ2
£285K10/210.7 mi6, Copford Close, Woodford Green, Greater London IG8 8EH2
£305K11/220.7 mi17, Wallers Close, Woodford Green, Greater London IG8 8BL2
£270K01/210.74 mi27, Hatfield Close, Ilford, Greater London IG6 2JJ2
£290K03/210.75 mi109, Tomswood Hill, Ilford, Greater London IG6 2HP2
£295K03/230.75 mi1, Love Lane, Woodford Green, Essex IG8 8BH2
£320K07/210.83 miFlat 7, Aspen Court, Stoneleigh Road, Ilford, Greater London IG5 0HY2
£307K04/210.83 miFlat 10, Aspen Court, Stoneleigh Road, Ilford, Greater London IG5 0HY2
£340K08/210.85 miFlat 5, Oleastor Court, Stoneleigh Road, Ilford, Greater London IG5 0JX2
£330K03/230.85 miFlat 5, Oleastor Court, Stoneleigh Road, Ilford, Greater London IG5 0JX2
£305K07/210.86 miFlat 2, Berica Court, Mossford Green, Barkingside, Ilford, Greater London IG6 2PE2
£280K11/210.89 mi42, Chalford Walk, Woodford Green, Greater London IG8 8PH2
£390K05/230.9 mi92, Lechmere Avenue, Woodford Green, Greater London IG8 8QG2
£300K05/210.92 mi333, Chigwell Road, Woodford Green, Greater London IG8 8PL2

Local Rents

25 rents from £1.4K/mo to £4K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,90012/240 mi-2
£3,80004/240.11 mi-2
£4,00002/250.11 mi-2
£2,10003/250.15 mi-2
£1,85005/240.17 mi-2
£1,80004/240.19 miRavensbourne Gardens, Ilford, IG52
£2,00002/250.22 mi-2
£2,10004/240.28 miThe Manor, Repton Park, Woodford Green, IG82
£2,20012/240.28 mi-2
£2,25005/240.28 miThe Manor, Regents Drive, Woodford Green, Greater London, IG82
£1,90004/250.33 mi-2
£1,45001/250.35 mi-2
£2,19504/240.35 miRosebury Square, Repton Park IG82
£2,20002/250.39 mi-2
£1,65004/240.43 mi-2
£1,65004/240.43 mi-2
£2,00012/240.44 mi-2
£1,60004/240.5 miClaybury Road2
£2,30012/240.51 mi-2
£2,30012/240.51 mi-2
£1,79012/240.53 mi-2
£1,79012/240.53 mi-2
£2,65004/240.58 miGaynes Hill Road, WOODFORD GREEN, IG82
£2,00005/240.58 miTiptree Crescent, IG5 0SZ2
£2,00005/240.58 miTiptree Crescent, IG5 0SZ2

Local Area Statistics

Population in IG5

16,823

Population in Ilford

181,468

Town centre distance

1.64 miles away

Nearest school

0.30 miles away

Nearest train station

1.16 miles away

 

 

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £250,000

March 29, 2024

Floor Plans

Description

Two Double Bedroom Flat

Located On The 8th Floor

Spacious Living Room

Fitted Kitchen

Double Glazing

Close to Local Amenities Gas

Central Heating

Bairstow Eves are pleased to offer this good size two bedroom Eighth floor flat in Clayhall.

The property is in close proximity to local shops, schools, amenities and transport links. Benefiting from spacious living room fitted kitchen, double glazing and two double bedrooms.

The property is ideal for first time buyers or buy to let investors.

Agent Details

Bairstow Eves, Barkingside

020 3869 5975

Next Steps?

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