dealsourcr

3 Bed Semi-Detached House, Refurb/BRRR, Waltham Cross, EN7 5JW, £495,000

Goffs Crescent, Goffs Oak, EN7 5JW - 2 views - 10 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~89 m²
+12 photos

ValuationFair Value

Sold Prices£355K - £915K
Sold Prices/m²£4.3K/m² - £8.6K/m²

 

 

Square Metres

~88.80 m²
Price/m²£5.6K/m²

Value Estimate

£499,950

 

 

End Value (After Refurb)

£468,247

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£123,750

Stamp Duty & Legal Fees

£28,300

Refurb Costs

£46,991

Bridging Loan Interest

£12,994

Total Cash In

£213,785

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£468,247

Mortgage (After Refinance)

£351,185

Mortgage LTV

75%

Cash Left In

£213,785

Equity

£117,062

Rent Range

£750 - £6,500

Rent Estimate

£2,545

Running Costs/mo

£1,992

Cashflow/mo

£553

Cashflow/yr

£6,633

ROI

3%

Gross Yield

6%

Local Sold Prices

48 sold prices from £355K to £915K, average is £588.8K. £4.3K/m² to £8.6K/m², average is £6.2K/m².

PriceDateDistanceAddressBeds 
£630K09/210.06 mi5, Pollards Close, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JP3
£600K11/220.06 mi16, Pollards Close, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JP3
£527.5K11/210.06 mi16, Goffs Crescent, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JR3
£640K05/210.06 mi58, Cuffley Hill, Goffs Oak, Waltham Cross, Hertfordshire EN7 5EU3
£750K06/210.07 mi15, Pollards Close, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JP3
£630K09/210.07 mi5, Pollards Close, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JP3
£682K06/210.07 mi27, Goffs Crescent, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JR3
£550K06/230.07 mi18, Goffs Crescent, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JR3
£660K11/220.07 mi36, Cuffley Hill, Goffs Oak, Waltham Cross, Hertfordshire EN7 5EU3
£685K04/230.1 mi14, Jones Road, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JS3
£575K11/200.1 mi14, Pollards Close, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JP3
£535K09/210.11 mi30, The Drive, Goffs Oak, Waltham Cross, Hertfordshire EN7 5PA3
£565K06/210.13 mi54, The Drive, Goffs Oak, Waltham Cross, Hertfordshire EN7 5PA3
£715K09/210.13 mi7, Isabelle Close, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JJ3
£608.2K03/210.13 mi4, Isabelle Close, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JJ3
£555K10/200.13 mi1, The Drive, Goffs Oak, Waltham Cross, Hertfordshire EN7 5NZ3
£495K04/210.13 mi7, The Drive, Goffs Oak, Waltham Cross, Hertfordshire EN7 5NZ3
£507.5K06/210.14 mi75, Cuffley Hill, Goffs Oak, Waltham Cross, Hertfordshire EN7 5HB3
£700K09/210.15 mi26, Doverfield, Goffs Oak, Waltham Cross, Hertfordshire EN7 5EL3
£617.5K06/210.16 mi643, Goffs Lane, Goffs Oak, Waltham Cross, Hertfordshire EN7 5HF3
£570K03/210.16 mi3, Pembroke Drive, Goffs Oak, Waltham Cross, Hertfordshire EN7 5LG3
£640K06/210.16 mi51, Jones Road, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JT3
£465K09/210.2 mi7, Goffs Oak Avenue, Goffs Oak, Waltham Cross, Hertfordshire EN7 5NJ3
£390K03/230.21 mi33, Goffs Oak Avenue, Goffs Oak, Waltham Cross, Hertfordshire EN7 5NJ3
£460K03/210.21 mi14, Goffs Oak Avenue, Goffs Oak, Waltham Cross, Hertfordshire EN7 5NJ3
£600K11/220.23 mi73, Lulworth Avenue, Goffs Oak, Waltham Cross, Hertfordshire EN7 5LB3
£600K06/210.24 mi56, Lulworth Avenue, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JX3
£355K10/210.25 mi69, Newgatestreet Road, Goffs Oak, Waltham Cross, Hertfordshire EN7 5SN3
£678K02/230.25 mi48, Lulworth Avenue, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JX3
£575K11/200.36 mi13, Melvyn Close, Goffs Oak, Waltham Cross, Hertfordshire EN7 5RR3
£578K02/210.39 mi1, Millcrest Road, Goffs Oak, Waltham Cross, Hertfordshire EN7 5NN3
£585K12/210.44 mi3, Orchard Way, Goffs Oak, Waltham Cross, Hertfordshire EN7 5NW3
£625K07/230.44 mi13, Orchard Way, Goffs Oak, Waltham Cross, Hertfordshire EN7 5NW3
£550K01/210.46 mi26, Colston Crescent, Goffs Oak, Waltham Cross, Hertfordshire EN7 5RS3
£800K01/230.49 miMillfield, Newgatestreet Road, Goffs Oak, Waltham Cross, Hertfordshire EN7 5RX3
£515K03/210.52 mi510, Goffs Lane, Goffs Oak, Waltham Cross, Hertfordshire EN7 5EW3
£592.5K08/210.78 mi1, The Meadway, Cuffley, Potters Bar, Hertfordshire EN6 4ET3
£607K05/210.78 mi21, The Meadway, Cuffley, Potters Bar, Hertfordshire EN6 4ET3
£585K09/210.81 mi18, The Meadway, Cuffley, Potters Bar, Hertfordshire EN6 4ES3
£650K04/210.81 mi42, The Meadway, Cuffley, Potters Bar, Hertfordshire EN6 4ES3
£443K06/210.87 mi10, Rogers Close, Cheshunt, Waltham Cross, Hertfordshire EN7 6XW3
£485K04/210.94 mi25, Little Stock Road, Cheshunt, Waltham Cross, Hertfordshire EN7 6XT3
£440K10/200.95 mi8, Little Grove Avenue, Cheshunt, Waltham Cross, Hertfordshire EN7 6US3
£515K03/210.95 mi46, Lucern Close, Hammond Street, Waltham Cross, Hertfordshire EN7 6UU3
£470K12/200.95 mi5, Lucern Close, Hammond Street, Waltham Cross, Hertfordshire EN7 6UU3
£670K09/210.96 mi2, Tolmers Gardens, Cuffley, Potters Bar, Hertfordshire EN6 4JE3
£743K02/210.96 mi12, Starling Lane, Cuffley, Potters Bar, Hertfordshire EN6 4JX3
£915K11/220.96 mi22, Tolmers Gardens, Cuffley, Potters Bar, Hertfordshire EN6 4JE3

Local Rents

50 rents from £750/mo to £6.5K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,10008/230.07 mi-1
£75012/240.13 miNewgatestreet Road, Goffs Oak, EN71
£1,15012/240.16 miNewgatestreet Road, Goffs Oak, Waltham Cross, EN71
£1,15004/240.16 mi-1
£1,60006/240.19 mi-2
£2,50003/250.2 mi-3
£2,75012/240.31 miSt Johns Road, Goffs Oak, EN73
£6,50012/240.56 miSt. James Road, Goffs Oak, Waltham Cross5
£6,50012/240.56 miSt. James Road, Goffs Oak, EN75
£5,75002/250.59 mi-5
£5,50003/250.59 mi-5
£3,80003/240.64 miBurton Lane, Goffs Oak4
£3,80012/240.64 miBurton Lane, Goffs Oak4
£5,50012/240.66 miThe Maples, Goffs Oak, Waltham Cross, Hertfordshire, EN75
£1,80012/240.69 miHigh View Court, Burton Lane, Goffs Oak2
£3,50003/240.74 miCrouch Lane, Goffs Oak5
£3,75003/240.74 miCrouch Lane, Goffs Oak5
£1,90008/240.77 mi-2
£1,95010/240.77 mi-2
£1,95004/240.77 miStation Road, EN62
£1,95004/240.78 miStation Road, Potters Bar2
£1,10012/240.82 miGoffs Lane, Goffs Oak, EN71
£2,25012/240.85 miLightswood Close, Cheshunt, WALTHAM CROSS4
£1,75001/250.89 mi-2
£3,95012/240.89 miGoffs Lane, Goffs Oak, EN75
£1,69503/240.91 miLambs Close, Cuffley2
£1,46010/240.92 mi-2
£1,70004/240.92 miLambs Close, Cuffley, Potters Bar, EN62
£1,60004/240.93 miLambs Close, Cuffley EN62
£1,90003/240.94 miTolmers Road, Cuffley4
£1,35004/240.95 miStation Road, Cuffley2
£1,70012/240.96 mi-2
£2,00003/240.98 mi-2
£2,00001/250.98 mi-2
£5,00012/240.99 mi-7
£5,50003/250.99 mi-7
£2,25012/241 miHammondstreet Road, Cheshunt, EN73
£1,50012/241.05 miStockbridge Close, West Cheshunt2
£1,30012/241.08 miRuskin Close, West Cheshunt2
£3,99504/241.09 miBrookside Crescent, Cuffley4
£3,99504/241.09 miBrookside Crescent, Cuffley, Hertfordshire, EN64
£1,99512/241.12 miBeaumont View, Goffs Oak, EN73
£1,30002/251.14 mi-1
£1,20003/241.17 miPeartree House, Appleby Street, Cheshunt, Waltham Cross, Hertfordshire, EN7 6QZ1
£1,40003/251.19 mi-1
£2,10012/241.19 miHuxley Close, Cheshunt3
£3,25004/241.21 miCuffley4
£1,90012/241.22 miDickson, Cheshunt, Waltham Cross3
£1,85012/241.22 mi-3
£1,85002/251.22 mi-3

Links

Local Area Statistics

Population in EN7

21,877

Population in Waltham Cross

57,688

Town centre distance

1.44 miles away

Nearest school

0.20 miles away

Nearest train station

0.87 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+8%

Property History

Price changed to £495,000

November 1, 2024

Price changed to £500,000

October 7, 2024

Price changed to £505,000

September 25, 2024

Listed for £515,000

June 14, 2024

Floor Plans

Description

  • Semi Detached House in need of updating +
  • Quiet cul-de-sac Location +
  • Spacious intercommunicating reception rooms +
  • Potential to Extend (STPP) +
  • Close to Excellent Local Schools +
  • 70' Rear Garden + 40' Front Garden +
  • Garage with long driveway. +
  • Chain Free + Immediate Vacant Possession +

* * CHAIN FREE * *

Auckland Estates are pleased to offer the sale of this spacious 3 Bedroom Semi-Detached house, located in a popular cul-de-sac off Jones Road within walking distance to Woodside primary School and catchment to Goffs Academy.

The property offers an excellent opportunity for those looking to add their stamp on a new home, as it does require some updating. Boasting a generous layout including a 25' Through Lounge and 3 well-proportioned Bedrooms offering ample space and light and potential to extend (STPP). Externally, a large Rear Garden, Garage and Driveway with Off Street Parking.

Conveniently situated close to the local amenities of Goffs Oak, including shops and transport links, additionally, it is only 1 mile from Cuffley Station and its shopping centre, providing easy access to excellent shopping and transport facilities.

Offered for sale with No Onward Chain, for more information and to arrange a viewing please call Auckland Estates today.
 

ENTRANCE HALL 10' 9" x 6' (3.28m x 1.83m) Double Glazed front door to Entrance Hall. CH radiator. 

INTERCOMUNICATING RECEPTION ROOMS 25' x 12' 2" (7.62m x 3.71m) Double Glazed Oriel bay window. 2 CH radiators Large Casement doors to Garden.  

KITCHEN 11' 6" x 7' 7" (3.51m x 2.31m) Double Glazed window and door, Stainless steel sink, wall and base units. Wall mounted Gas CH boiler. 

FIRST FLOOR LANDING Loft Access, Flank window 

BEDROOM ONE 12' 4" x 11' (3.76m x 3.35m) Double Glazed windows, CH radiator. 

BEDROOM TWO 11' 6" x 11' (3.51m x 3.35m) Double Glazed windows. CH radiator. 

BEDROOM THREE 8' 4" x 6' 9" (2.54m x 2.06m) Double Glazed window. CH radiator. 

BATHROOM 6' 8" x 5' 7" (2.03m x 1.7m) Enclosed Bath. Pedestal wash hand basin. Requires updating 

SEPARATE WC low level WC. 

GARAGE WITH UP AND OVER DOOR. long driveway with additional off street parking. 

REAR GARDEN 70' (21.34m) Rear extension potential subject to planning.
Side access 

FRONT GARDEN 40' (12.19m) laid to lawn.

Agent Details

Auckland Estates Limited, Potters Bar

01707 241361

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Sold STC

3 Bed House, Refurb/BRRR, Waltham Cross, EN7 5JW

£495,000

8 views • 7 months ago • 82 m²

Sold STC

3 Bed House, Refurb/BRRR, Waltham Cross, EN7 5LD

£635,000

10 months ago • 107 m²

dealsourcr
Deals
Deal SearchSaved SearchesSaved DealsAddress Lookup
Tools
Deal AnalyserRightmove LookupRefurb CalculatorNew Build CalculatorStamp Duty Calculator
Refer a friend. Get £140!My Account