2 Bed Flat, Single Let, Buckhurst Hill, IG9 5NZ, £375,000

20 Makinen House, Palmerston Road, Buckhurst Hill, IG9 5NZ - 11 views - a year ago

Sold STC
BTL
56 m²
+11 photos

ValuationOvervalued

Sold Prices£265K - £710K
Sold Prices/m²£3.7K/m² - £8.5K/m²

 

 

Square Metres

56 m²
Price/m²£6.7K/m²

Value Estimate

£311,472

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£1,250 - £2,600

Rent Estimate

£1,472

Running Costs/mo

£1,486

Cashflow/mo

£-14

Cashflow/yr

£-171

Gross Yield

5%

Local Sold Prices

43 sold prices from £265K to £710K, average is £342K. £3.7K/m² to £8.5K/m², average is £5.5K/m².

PriceDateDistanceAddressBeds 
£465K06/210.13 miFlat 6, George Court, Kings Place, Buckhurst Hill, Essex IG9 5HR2
£395K07/210.15 mi73, Westbury Lane, Buckhurst Hill, Essex IG9 5PH2
£411K06/210.23 mi12, Russell Road, Buckhurst Hill, Essex IG9 5QJ2
£495K11/220.32 mi1, Wimborne Close, Buckhurst Hill, Essex IG9 5DN2
£265K10/220.32 miFlat 29, St James Gate, Palmerston Road, Buckhurst Hill, Essex IG9 5NJ2
£337.5K01/230.32 mi22, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£310K12/200.33 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£305K11/200.33 mi30, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£310K12/200.33 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£320K08/220.33 mi32, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£315K03/230.33 mi66, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£415K12/200.35 miFlat 22, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£320K06/210.36 miFlat 21, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£355K12/200.36 miFlat 70, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SQ2
£710K12/200.39 miFlat 11, Roebuck Heights, North End, Buckhurst Hill, Essex IG9 5RF2
£295K07/230.5 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£290K11/200.5 mi29a, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£265K02/210.5 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£345K02/230.51 miFlat 27, Block A, Ardmore Lane, Buckhurst Hill, Essex IG9 5RY2
£325K06/210.54 miFlat 6, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2
£325K01/210.54 miFlat 4, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2
£380K03/210.55 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£380K03/210.55 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£455K02/230.62 mi690, High Road, Buckhurst Hill, Greater London IG9 5HN2
£320K02/210.64 miFlat 42, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2
£408K09/220.64 miFlat 43, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2
£285K10/200.66 mi40a, Station Way, Buckhurst Hill, Essex IG9 6LN2
£320K01/210.66 mi32, Station Way, Buckhurst Hill, Essex IG9 6LN2
£360K06/210.66 miFlat 27, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£342K01/210.66 miFlat 15, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£342K06/210.66 miFlat 35, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£352.5K03/230.66 miFlat 34, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£336K04/210.71 mi5, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£310K06/210.71 mi31, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£385K10/220.71 mi1, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£380K01/210.73 mi21, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£365K02/210.73 mi18, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£370K12/220.74 mi17, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£400K05/210.75 mi4, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6EX2
£340K12/200.9 mi5, Avondale Close, Loughton, Essex IG10 3DH2
£310K03/210.92 mi35, Cheltenham Gardens, Loughton, Essex IG10 3AW2
£356K03/210.96 mi169a, Whitehall Road, Woodford Green, Greater London IG8 0RH2
£395K07/230.97 mi90, Lower Park Road, Loughton, Essex IG10 4NE2

Local Rents

49 rents from £1.3K/mo to £2.6K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80001/250 mi-2
£1,59505/240 miBuckhurst Hill2
£1,55005/240.06 miBuckhurst Hill2
£2,00008/240.08 miPalace Gardens, Buckhurst Hill, IG92
£1,60007/240.11 miQueens Road, Buckhurst Hill2
£1,85008/240.12 mi83 Queens Road, Buckhurst Hill, IG92
£1,60004/240.12 miIbrox Court, IG92
£2,20001/240.13 miVictoria Road, Buckhurst Hill, Essex, IG92
£1,80004/240.16 mi-2
£1,50006/240.19 miRoebuck Lane, Buckhurst Hill, IG92
£2,50001/240.22 miQueens Road, Buckhurst Hill2
£1,60006/240.22 miBuckhurst Hill, IG92
£2,20007/240.23 miBeatrice Court, Buckhurst Hill, Essex, IG92
£2,10007/240.23 miQueens Road, Buckhurst Hill, IG92
£2,10007/240.23 miQueens Road, Buckhurst Hill, IG92
£2,10007/240.23 miQueens Road, Buckhurst Hill, IG92
£1,47507/240.25 mi-2
£1,47502/250.25 mi-2
£1,49504/250.25 mi-2
£2,60004/240.25 mi-2
£2,00001/240.26 miLower Queens Road, Buckhurst Hill, Essex, IG92
£2,00007/240.26 miThe Atrium, Lower Queens Road, IG92
£2,00008/240.26 miThe Atrium. Buckhurst Hill, IG92
£2,00008/240.26 miLower Queens Road, Buckhurst Hill, IG92
£1,85008/240.26 miLower Queens Road, Buckhurst Hill, IG92
£1,25001/240.27 mi Queens Road, Buckhurst Hill, IG92
£1,99508/240.27 miPrinces Road, Buckhurst Hill2
£1,59507/240.28 miQueens Road, Buckhurst Hill2
£1,95004/240.28 miMountbatten Court, Buckhurst Hill2
£1,80004/240.28 miAlfred Road, Buckhurst Hill, IG92
£1,70004/240.29 miPrinces Road, Buckhurst Hill, IG92
£1,60006/240.29 mi-2
£2,20008/240.3 mi-2
£1,80004/240.3 mi-2
£1,80004/250.3 mi-2
£1,57508/240.32 miCedar Close, Buckhurst Hill2
£1,62508/240.33 miCedar Close, Buckhurst Hill, IG92
£1,65007/240.34 miCedar Close, Buckhurst Hill2
£1,85007/240.36 miGreenhill, High Rd2
£1,85004/240.36 miGreen Hill, Buckhurst Hill, IG9 2
£1,49507/240.36 miCascade Road, Buckhurst Hill, IG92
£1,60012/240.38 mi-2
£1,70001/240.38 miBuckhurst Hill, Buckhurst Hill, IG92
£1,87501/240.38 miBuckhurst Hill, Buckhurst Hill, IG92
£1,69504/240.38 mi-2
£1,45008/240.38 miBuckhurst Hill2
£1,55003/250.38 mi-2
£2,20004/240.43 mi-2
£1,65004/240.43 miBuckhurst Hill House, Queens Road, Buckhurst Hill, IG92

Local Area Statistics

Population in IG9

12,744

Population in Buckhurst Hill

12,817

Town centre distance

0.25 miles away

Nearest school

0.20 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £375,000

May 16, 2024

Floor Plans

Description

  • Two bedrooms. +
  • Share of freehold. +
  • Modern throughout. +
  • First floor. +
  • Secure entry phone system. +
  • 0.2 miles from Buckhurst Hill Central Line Station. +
  • Integrated appliances. +
  • Built in wardrobes in both bedrooms. +

Guide Price: £375,000 - £400,000

A stunning two bedroom first floor apartment presented in show home condition.

This well proportioned apartment comprises of an entrance hall, large storage cupboard, a bright lounge/dining area, a modern fitted kitchen with integrated appliances, two double bedrooms both with built in wardrobes, a contemporary bathroom and a separate toilet.

Further benefits include a secure entry phone system, shared parking and a share of the freehold.

The development is conveniently positioned just 0.2 miles from Buckhurst Hill Central Line Station, providing easy access into The City and West End. The area has several excellent private and public schools that are both primary and secondary level. Knighton Woods, Epping Forest and Roding Valley Nature Reserve are all close by offering multiple areas to go for a bike ride, a run, or a Sunday stroll. Queens Road is within walking distance with many boutique shops, restaurants, cafes and Waitrose supermarket.

Important notice: These particulars have been prepared in good faith and do not form part of any offer or contract. All interested parties must verify for themselves the accuracy of the information provided. Any measurements, areas or distances are approximate. Photographs, plans and text are for guidance only and should not be relied upon. We have not performed a structural survey on this property, and it should not be assumed that the property has all necessary planning, building regulations or other consents. Daniel Frank Estates has not tested any services, equipment, or facilities. Purchasers must satisfy themselves with suitable investigations prior to purchase.

Agent Details

Daniel Frank Estates, West Essex

020 3906 2962

Next Steps?

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