2 Bed Flat, Single Let, Waltham Cross, EN8 9FD, £270,000

9 Lynton Parade, Turners Hill, Cheshunt, Hertfordshire, EN8 8LF - 1 views - 9 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£190K - £315K
Sold Prices/m²£3.2K/m² - £7.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£294,933
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£18,200

Total Cash In

£85,700

 

 

Cash Out

 

Rent Range

£1,200 - £2,000

Rent Estimate

£1,256

Running Costs/mo

£1,115

Cashflow/mo

£141

Cashflow/yr

£1,693

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £190K to £315K, average is £250K. £3.2K/m² to £7.5K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£250K11/200.01 miFlat 7, Southgate House, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9DA2
£270K11/220.04 miFlat 21, Northgate House, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9BY2
£205K11/220.07 miFlat 3, Alexander Court, Victoria Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9EP2
£300K01/230.08 miFlat 12, Chapman Courtyard, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9FD2
£205K06/230.1 miFlat 3, Glebe Court, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9FB2
£225K12/200.1 miFlat 8, Glebe Court, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9FB2
£245K06/230.11 mi4a, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9DL2
£265K01/230.17 mi38, Forest Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9DB2
£255K12/220.21 miFlat 42, Edwards Court, Turners Hill, Waltham Cross, Hertfordshire EN8 8SA2
£190K06/210.28 miFlat 46, Edwards Court, Turners Hill, Waltham Cross, Hertfordshire EN8 8SA2
£249K06/210.29 mi15, Guinevere Gardens, Waltham Cross, Hertfordshire EN8 8EJ2
£265K07/210.29 mi3, Guinevere Gardens, Waltham Cross, Hertfordshire EN8 8EJ2
£223K07/230.29 mi27, Guinevere Gardens, Cheshunt, Waltham Cross, Hertfordshire EN8 8EJ2
£250K05/210.31 mi69, Bellamy Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9JU2
£235K03/230.32 mi16, Steward Close, Cheshunt, Waltham Cross, Hertfordshire EN8 8UW2
£255K02/230.32 mi29, Oxford Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9QN2
£235K11/220.32 mi7, Oxford Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9QN2
£242K02/210.33 mi109, Prospect Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9QP2
£270K06/210.35 mi4a, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 8LA2
£215K03/210.35 mi46a, High Street, Cheshunt, Waltham Cross, Hertfordshire EN8 0AQ2
£253K07/210.41 mi145, Downfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8SS2
£257.5K11/200.41 mi1, Kelman Close, Waltham Cross, Hertfordshire EN8 8JL2
£297.5K02/210.48 mi63, Stains Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9JJ2
£240K03/210.5 mi7, Beecholm Mews, Cheshunt, Waltham Cross, Hertfordshire EN8 0DH2
£315K11/220.5 mi42, Stains Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9JL2
£195K06/230.52 miFlat 41, Cliff Richard Court, High Street, Cheshunt, Waltham Cross, Hertfordshire EN8 0BE2
£190K06/210.52 miFlat 32, Cliff Richard Court, High Street, Cheshunt, Waltham Cross, Hertfordshire EN8 0BE2
£240K07/210.54 miFlat 3, Pegasus House, Crossbrook Street, Cheshunt, Waltham Cross, Hertfordshire EN8 8JU2
£310K02/230.56 mi12, St Marys Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9PX2
£190K10/200.56 mi41, St Marys Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9PX2
£255K04/210.57 mi11, Dairyglen Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 8JW2
£256K09/210.57 mi7, Dairyglen Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 8JW2
£295K06/210.58 mi84, Davison Drive, Cheshunt, Waltham Cross, Hertfordshire EN8 0SX2
£232.5K01/210.61 mi40, Hamburgh Court, Cheshunt, Waltham Cross, Hertfordshire EN8 0UL2
£290K05/230.62 mi72, Whitefields Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0EL2
£295K06/210.62 mi84, Davison Drive, Cheshunt, Waltham Cross, Hertfordshire EN8 0SX2
£229.5K03/210.62 mi29, Birchfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9PL2
£250K06/210.62 mi6, Shaw Close, Cheshunt, Waltham Cross, Hertfordshire EN8 0HD2
£240K02/210.62 mi15, Shaw Close, Cheshunt, Waltham Cross, Hertfordshire EN8 0HD2
£247.5K10/210.63 mi6, Hamburgh Court, Cheshunt, Waltham Cross, Hertfordshire EN8 0UL2
£246.5K06/210.64 mi25, Welsummer Way, Cheshunt, Waltham Cross, Hertfordshire EN8 0UG2
£255K03/210.64 mi39, Welsummer Way, Cheshunt, Waltham Cross, Hertfordshire EN8 0UG2
£261K12/220.64 mi54, Hamburgh Court, Cheshunt, Waltham Cross, Hertfordshire EN8 0UL2
£313K03/230.66 mi17, Carleton Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0BD2
£216.5K05/210.67 mi5, Kingsley Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 9PU2
£305K01/210.67 mi9, Aldermere Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 0FE2
£223.5K07/210.7 mi14, Cunningham Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0LG2
£265K03/230.71 mi11, The Green, Cheshunt, Waltham Cross, Hertfordshire EN8 0HA2
£215K03/210.71 mi11, The Green, Cheshunt, Waltham Cross, Hertfordshire EN8 0HA2
£277K01/210.72 mi34, Wavell Close, Cheshunt, Waltham Cross, Hertfordshire EN8 0LA2

Local Rents

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

RentDateDistanceAddressBeds 
£1,60004/240 miSouthgate House, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire, EN8 9DA2
£1,45004/250.07 mi-2
£1,60012/240.11 mi-2
£1,35004/250.17 mi-2
£1,95009/240.18 mi-2
£1,45004/240.19 miWindmill Lane, Waltham Cross, EN82
£1,50004/240.21 miAlbury Grove Road, Cheshunt, EN82
£1,49511/230.22 mi-2
£1,60004/250.22 mi-2
£1,60004/240.27 miClifton Close, Cheshunt2
£1,40004/240.3 miYukon Road, Broxbourne, EN102
£1,50005/240.32 miHeaton Court, High Street, Cheshunt, Waltham Cross, Hertfordshire2
£1,39512/240.33 mi-2
£1,80003/250.34 mi-2
£1,45005/240.34 miHigh Street, Cheshunt2
£1,25003/240.35 miTurners Hill, Cheshunt, Waltham Cross, Hertfordshire, EN8 8LA2
£2,00002/250.36 mi-2
£1,65003/250.37 mi-2
£1,27505/240.39 miKing Arthur Court, Cheshunt, Hertfordshire, EN82
£1,60004/240.42 miDownfield Road, Cheshunt, Waltham Cross, Hertfordshire, EN8 8SS2
£1,60004/240.42 miDownfield Road, Cheshunt2
£1,65003/240.42 miPettys Close, Cheshunt2
£1,65004/240.44 miKingsmead, EN82
£1,50004/240.44 miKingsmead, Cheshunt2
£1,30004/240.44 miDouglas House, Davison Drive, Cheshunt, Waltham Cross, Hertfordshire, EN8 0SZ2
£1,40004/240.46 miCoopers Walk, Cheshunt, WALTHAM CROSS2
£1,59903/250.46 mi-2
£1,70012/240.49 miRussells Ride, Cheshunt2
£1,20012/240.52 miBeecholm Mews, Cheshunt2
£1,60004/250.54 mi-2
£1,75004/240.56 miAldermere Avenue, Cheshunt, Waltham Cross, Hertfordshire, EN8 0FF2
£1,37811/230.57 mi-2
£1,75004/240.6 mi-2
£1,75004/240.6 miDairyglen Avenue, Cheshunt, Waltham Cross, EN82
£1,50003/250.61 mi-2
£1,50012/240.61 miFriends Avenue, Cheshunt, Waltham Cross2
£1,50012/240.61 miFriends Avenue, Cheshunt, Waltham Cross, Hertfordshire, EN82
£1,60005/240.61 mi-2

Local Area Statistics

Population in EN8

35,758

Population in Waltham Cross

57,688

Town centre distance

1.01 miles away

Nearest school

0.10 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £270,000

February 28, 2025

Listed for £279,000

July 22, 2024

Floor Plans

Description

  • TWO BEDROOM GROUND FLOOR FLAT +
  • CHAIN FREE +
  • LEASEHOLD +
  • SHARE OF FREEHIOLD PLUS ANOTHER FLATS SHARE OF FREEHOLD +
  • IMMACULATE CONDITION +
  • INTERNALLY SPACIOUS +
  • LOCATED IN THE HEART OF CHESHUNT +
  • WALKING DISTANCE TO CHESHUNT STATION +
  • GATED CAR PARK +
  • CLOSE TO LOCAL SHOPS AND AMENITIES +

Kings Group are delighted to offer this BEAUTIFUL SHARE OF FREEHOLD TWO BEDROOM GROUND FLOOR FLAT FOR SALE IN THE HEART OF CHESHUNT.

This spacious property is the ideal purchase for any first time buyer looking to buy a ready to move into first property or any investor looking to add a fantastic property to their portfolio and get a great return in their investment. The property has a lot to offer a new owner such as being located right in the centre of Cheshunt, it has fantastic links to Cheshunt Station with the station being under a 10 minute walk away and with access to the A10 and M25 in under 5 minutes access to London and the surrounding areas is very easy. The property also benefits from being located near local shops and amenities with the Old Pond being on the properties door step there is a wide range of supermarkets, restaurants, gyms and local high street shops to choose from, and with Brookfield Shopping Center being just 0.5 miles away there is also more supermarkets and retail shops on offer very close by. With the property being located in the center of Cheshunt it also gains from being near some of the areas most popular schools such as Burleigh Primary School (0.3 miles), Goffs Churchgate Academy (0.9 miles) and many more within walking distance.

The accommodation comprises of a large open plan living area with a fully fitted modern kitchen, two spacious bedrooms with an En-Suite in the master bedroom and the family bathroom. The property also has a gated car park and allocated parking. This property also comes with a SHARE OF FREEHOLD along with another flats SHARE adding additional value to the property. We highly recommended internal viewings on this fantastic property so to arrange a viewings please give us a call on .

Agent Details

Kings Group, Cheshunt

01992 662238

Next Steps?

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