2 Bed Flat, Single Let, Waltham Cross, EN8 0ER, £240,000

Chadwell Avenue, Cheshunt, EN8 0ER - 2 views - a year ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£110.1K - £313K
Sold Prices/m²£2.6K/m² - £7.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£288,665
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Total Cash In

£68,400

 

 

Cash Out

 

Rent Range

£1,200 - £2,000

Rent Estimate

£1,300

Running Costs/mo

£1,030

Cashflow/mo

£270

Cashflow/yr

£3,240

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £110.1K to £313K, average is £241K. £2.6K/m² to £7.5K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£225K06/210.06 mi200, Whitefields Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0EU2
£305K01/210.09 mi9, Aldermere Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 0FE2
£227.5K06/210.1 mi5, Albemarle Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 0EY2
£210K01/210.1 mi32, Albemarle Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 0EY2
£290K05/230.14 mi72, Whitefields Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0EL2
£265K03/230.17 mi11, The Green, Cheshunt, Waltham Cross, Hertfordshire EN8 0HA2
£215K03/210.17 mi11, The Green, Cheshunt, Waltham Cross, Hertfordshire EN8 0HA2
£250K06/210.19 mi6, Shaw Close, Cheshunt, Waltham Cross, Hertfordshire EN8 0HD2
£240K02/210.19 mi15, Shaw Close, Cheshunt, Waltham Cross, Hertfordshire EN8 0HD2
£246.5K06/210.2 mi25, Welsummer Way, Cheshunt, Waltham Cross, Hertfordshire EN8 0UG2
£255K03/210.2 mi39, Welsummer Way, Cheshunt, Waltham Cross, Hertfordshire EN8 0UG2
£261K12/220.2 mi54, Hamburgh Court, Cheshunt, Waltham Cross, Hertfordshire EN8 0UL2
£232.5K01/210.25 mi40, Hamburgh Court, Cheshunt, Waltham Cross, Hertfordshire EN8 0UL2
£247.5K10/210.25 mi6, Hamburgh Court, Cheshunt, Waltham Cross, Hertfordshire EN8 0UL2
£230K04/230.29 mi38a, Flamstead End Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0HT2
£310K02/230.35 mi12, St Marys Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9PX2
£190K10/200.35 mi41, St Marys Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9PX2
£295K06/210.36 mi84, Davison Drive, Cheshunt, Waltham Cross, Hertfordshire EN8 0SX2
£216.5K05/210.38 mi5, Kingsley Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 9PU2
£295K06/210.39 mi84, Davison Drive, Cheshunt, Waltham Cross, Hertfordshire EN8 0SX2
£215K03/210.39 mi46a, High Street, Cheshunt, Waltham Cross, Hertfordshire EN8 0AQ2
£195K06/230.4 miFlat 41, Cliff Richard Court, High Street, Cheshunt, Waltham Cross, Hertfordshire EN8 0BE2
£190K06/210.4 miFlat 32, Cliff Richard Court, High Street, Cheshunt, Waltham Cross, Hertfordshire EN8 0BE2
£110.1K05/210.43 mi2, Beltona Gardens, Cheshunt, Waltham Cross, Hertfordshire EN8 0PA2
£229.5K03/210.45 mi29, Birchfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9PL2
£255K02/230.45 mi29, Oxford Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9QN2
£235K11/220.45 mi7, Oxford Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9QN2
£235K08/220.45 mi59, Wheatcroft, Cheshunt, Waltham Cross, Hertfordshire EN7 6JS2
£207.5K06/210.46 mi69, Wheatcroft, Cheshunt, Waltham Cross, Hertfordshire EN7 6JT2
£240K03/210.46 mi7, Beecholm Mews, Cheshunt, Waltham Cross, Hertfordshire EN8 0DH2
£313K03/230.47 mi17, Carleton Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0BD2
£242K02/210.48 mi109, Prospect Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9QP2
£265K01/230.54 mi38, Forest Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9DB2
£250K05/210.57 mi69, Bellamy Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9JU2
£205K06/230.6 miFlat 3, Glebe Court, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9FB2
£225K12/200.6 miFlat 8, Glebe Court, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9FB2
£245K06/230.61 mi4a, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9DL2
£240K04/210.61 mi63, Cunningham Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0LD2
£282K06/210.61 mi31, Cunningham Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0LD2
£223.5K07/210.61 mi14, Cunningham Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0LG2
£266.5K04/230.62 mi209, Perrysfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0TL2
£260K09/210.65 mi137, Perrysfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0TJ2
£245K12/200.65 mi135, Perrysfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0TJ2
£205K11/220.66 miFlat 3, Alexander Court, Victoria Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9EP2
£255K12/200.67 mi241, Perrysfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0TP2
£270K11/220.67 miFlat 21, Northgate House, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9BY2
£215K09/210.68 mi60, Cranleigh Close, Cheshunt, Waltham Cross, Hertfordshire EN7 6HJ2
£250K11/200.69 miFlat 7, Southgate House, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9DA2
£277K01/210.71 mi34, Wavell Close, Cheshunt, Waltham Cross, Hertfordshire EN8 0LA2
£240K04/220.73 mi1, Hollybush Way, Cheshunt, Waltham Cross, Hertfordshire EN7 6ER2

Local Rents

24 rents from £1.2K/mo to £2K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,65004/250.07 mi-2
£1,75001/250.09 mi-2
£1,75004/240.15 miAldermere Avenue, Cheshunt, Waltham Cross, Hertfordshire, EN8 0FF2
£1,40010/230.2 mi-2
£1,65003/240.29 miPettys Close, Cheshunt2
£1,65004/240.3 miKingsmead, EN82
£1,50004/240.3 miKingsmead, Cheshunt2
£1,60003/240.31 miChurch Lane, Cheshunt, Waltham Cross2
£1,45003/240.33 miMillennium Court, 4 Flamstead End Road, Waltham Cross, Hertfordshire, EN8 0HH2
£1,70012/240.33 miMillennium Court, Cheshunt, Waltham Cross, EN82
£1,70005/240.33 mi-2
£1,80012/240.33 mi-2
£1,30004/240.37 miDouglas House, Davison Drive, Cheshunt, Waltham Cross, Hertfordshire, EN8 0SZ2
£1,45005/240.38 miHigh Street, Cheshunt2
£1,40004/240.38 miCoopers Walk, Cheshunt, WALTHAM CROSS2
£1,50005/240.4 miHeaton Court, High Street, Cheshunt, Waltham Cross, Hertfordshire2
£1,80003/250.41 mi-2
£1,20012/240.45 miBeecholm Mews, Cheshunt2
£1,30003/240.45 miBrookfield House, Carlton Road, Cheshunt2
£1,29503/240.51 miHigh Street, Cheshunt, EN82
£2,00002/250.54 mi-2
£1,35004/250.54 mi-2
£1,70004/240.56 miPrescott Road, Cheshunt, Waltham Cross, Hertfordshire, EN8 0PQ2
£1,55010/230.62 mi-2

Local Area Statistics

Population in EN8

35,758

Population in Waltham Cross

57,688

Town centre distance

0.88 miles away

Nearest school

0.40 miles away

Nearest train station

1.07 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £240,000

May 9, 2024

Sold for £59,995

1999

Floor Plans

Description

  • Chain Free +
  • Two Double Bedrooms +
  • Lounge Diner +
  • Gas Central Heating +
  • Loft Access +
  • Private Rear Garden +
  • Communal Parking +
  • A Short Walk From Brookfield Shopping Centre +
  • Close To Transport Links +

A two bedroom first floor apartment, boasting a private garden and located a short walk from the recently re developed Brookfield Farm Shopping Centre. The property comprises of a lounge diner, kitchen, two double bedrooms and a bathroom. There is also the added benefit of access to loft space. External benefits include storage space, private bin store, a private garden to the rear and communal parking. Transport links, amenities and schooling are all within easy reach. TO BE SOLD CHAIN FREE

Lease Information
85 years remaining: Ground Rent £10.00 per Year : Maintenance Charge : £1,099.08 per year

Services Connected
Mains Water & Sewage. Electricity.
Gas Connected

Communal Front Door -

Stairway -

Front Door -

Hallway -

Kitchen - 3.78m x 2.62m (12'5 x 8'7) -

Lounge Diner - 5.44m x 3.61m (17'10 x 11'10) -

Bathroom - 2.74m x 1.50m (9' x 4'11) -

Bedroom One - 3.73m x 3.51m (12'3 x 11'6) -

Bedroom Two - 3.78m x 3.25m (12'5 x 10'8) -

External -

Storage Cupboard -

Bin Store - 1.60m x 0.86m (5'3 x 2'10) -

Private Garden - 12.40m x 6.30m (40'8 x 20'8) -

Communal Front Garden -

Communal Parking -

Agent Details

Shepherds Estate Agents, Cheshunt

01992 927877

Next Steps?

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