3 Bed Terraced House, Single Let, Woodford Green, IG8 9FD, £400,000

Elfrida Close, Woodford Green, IG8 9FD - 4 views - 9 months ago

BTL
ROI: 2%
~111 m²
+3 photos

ValuationUndervalued

Sold Prices£495K - £955K
Sold Prices/m²£4.7K/m² - £8.8K/m²

 

 

Square Metres

~110.83 m²
Price/m²£3.6K/m²

Value Estimate

£492,000
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Total Cash In

£120,700

 

 

Cash Out

 

Rent Range

£1,800 - £5,400

Rent Estimate

£1,800

Running Costs/mo

£1,630

Cashflow/mo

£170

Cashflow/yr

£2,040

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £495K to £955K, average is £670K. £4.7K/m² to £8.8K/m², average is £6.4K/m².

PriceDateDistanceAddressBeds 
£670K06/210.06 mi45, St Albans Road, Woodford Green, Greater London IG8 9EQ3
£750K06/210.07 mi37, St Albans Road, Woodford Green, Greater London IG8 9EQ3
£674K06/210.11 mi58, Abbotsford Gardens, Woodford Green, Greater London IG8 9HW3
£730.3K04/230.13 mi25, Chelmsford Road, South Woodford, London, Greater London E18 2PW3
£845K09/210.15 mi42, Forest Approach, Woodford Green, Greater London IG8 9BS3
£819.1K07/230.15 mi34, Forest Approach, Woodford Green, Greater London IG8 9BS3
£785K05/210.19 mi53, Rokeby Gardens, Woodford Green, Greater London IG8 9HS3
£685K12/200.21 mi48, St Ronans Crescent, Woodford Green, Greater London IG8 9DG3
£675K05/230.23 mi81, Derby Road, London, Greater London E18 2PY3
£955K12/220.23 mi20, Wensley Avenue, Woodford Green, Greater London IG8 9HE3
£925K11/220.23 mi26, Rokeby Gardens, Woodford Green, Greater London IG8 9HT3
£666K07/210.25 miWaldencot, Woodford New Road, Woodford Green, Greater London IG8 9DX3
£725K05/210.26 mi101, Chelmsford Road, South Woodford, London, Greater London E18 2PR3
£735K06/210.27 mi45, Mayfair Gardens, Woodford Green, Greater London IG8 9AB3
£780K03/210.29 mi85, Stanley Road, London, Greater London E18 2NR3
£650K05/230.29 mi73, Stanley Road, London, Greater London E18 2NR3
£690K03/210.3 mi16, Stanley Road, London, Greater London E18 2NS3
£730K03/230.31 mi77, Carnarvon Road, London, Greater London E18 2NT3
£670K01/230.31 mi40, Stanley Road, London, Greater London E18 2NS3
£755K12/200.32 mi91, Carnarvon Road, London, Greater London E18 2NT3
£660K07/230.33 mi102, Carnarvon Road, London, Greater London E18 2NU3
£495K03/210.33 mi22, Carnarvon Road, London, Greater London E18 2NU3
£618.3K11/200.34 mi24, Parkland Road, Woodford Green, Greater London IG8 9AP3
£650K06/210.34 mi37, Oak Hill Gardens, Woodford Green, Greater London IG8 9DY3
£578.5K05/210.34 mi20, Oak Hill Gardens, Woodford Green, Greater London IG8 9DY3
£695K06/210.34 mi32, Oak Hill Gardens, Woodford Green, Greater London IG8 9DY3
£840K02/230.35 mi12, Parkland Road, Woodford Green, Greater London IG8 9AP3
£499.9K09/210.35 mi95, Walpole Road, London, Greater London E18 2LN3
£685K05/230.35 mi49, Walpole Road, London, Greater London E18 2LN3
£670K09/210.36 mi122, Walpole Road, London, Greater London E18 2LL3
£710K12/200.36 mi32, Walpole Road, London, Greater London E18 2LL3
£660K12/200.36 mi60, Walpole Road, London, Greater London E18 2LL3
£630K02/210.36 mi108, Walpole Road, London, Greater London E18 2LL3
£635K02/210.37 mi2, Harman Avenue, Woodford Green, Greater London IG8 9DS3
£637.5K03/210.38 mi91, Peel Road, London, Greater London E18 2LJ3
£507.5K01/210.38 mi39, Peel Road, London, Greater London E18 2LJ3
£741K11/220.39 mi36, Walpole Road, London, Greater London E18 2LL3
£625K11/200.39 mi66, Beverley Crescent, Woodford Green, Greater London IG8 9DD3
£675K05/230.4 mi36, Gascoigne Gardens, Woodford Green, Greater London IG8 9NU3
£640K06/210.41 mi60, Peel Road, London, Greater London E18 2LG3
£529K11/200.41 mi10, Peel Road, London, Greater London E18 2LG3
£680K07/220.41 mi68, Peel Road, London, Greater London E18 2LG3
£587.5K11/210.41 mi86, Peel Road, London, Greater London E18 2LG3
£600K11/200.41 mi80, Peel Road, London, Greater London E18 2LG3
£625K01/220.41 mi38, Peel Road, London, Greater London E18 2LG3
£635K06/210.42 mi97, Horn Lane, Woodford Green, Greater London IG8 9AE3
£533K11/220.43 mi105, Grove Road, South Woodford, London, Greater London E18 2JY3
£752.5K10/220.45 mi58, Wynndale Road, London, Greater London E18 1DX3
£505K03/210.46 mi79, Wynndale Road, London, Greater London E18 1DY3
£670K12/200.46 mi33, Wynndale Road, London, Greater London E18 1DY3

Local Rents

29 rents from £1.8K/mo to £5.4K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£1,80002/240.1 mi-3
£2,45005/240.15 miEmpress Avenue, Woodford Green, Essex, IG83
£2,40003/250.24 mi-3
£2,40003/240.29 miFreshmans House, Queen Mary Avenue, South Woodford E183
£2,60004/240.3 miStanley Road,London,E183
£3,00003/240.33 mi-3
£2,40003/240.35 miCarnarvon Road, South Woodford, London, E183
£2,20003/240.36 miWalpole Road, London, E183
£2,50003/240.36 miLyndon House, Queen Mary Avenue, South Woodford, London, E183
£2,20003/240.36 miStanley Road, South Woodford, London, E183
£1,80003/240.38 miSouth Woodford3
£2,65006/240.4 mi-3
£2,65006/240.4 mi-3
£2,50012/240.41 mi-3
£2,50012/240.41 mi-3
£2,50012/240.41 mi-3
£2,50004/250.42 mi-3
£2,25004/240.45 miEagle Terrace, Woodford Green, Ilford, IG83
£2,00001/250.54 mi-3
£2,00003/250.54 mi-3
£3,50008/240.57 mi-3
£4,50012/240.57 mi-3
£5,40003/250.57 mi-3
£1,80006/240.58 mi-3
£1,80005/240.58 mi-3
£2,40005/240.59 miAnworth Close, Woodford Green, IG83
£2,40005/240.59 miAnworth Close, Woodford Green, IG83
£2,00004/240.6 miOak Hill, Woodford Green, Essex. IG8 9PA3
£3,50012/240.6 mi-3

Local Area Statistics

Population in IG8

35,894

Town centre distance

0.90 miles away

Nearest school

0.20 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £400,000

August 7, 2024

Floor Plans

Description

  • Chain Free +
  • Potential To Extend (STNPC) +
  • Three Bedrooms +
  • Garage +
  • Bathroom & En-Suite Shower Room +
  • Private Road +
  • Highly Sought After Location +
  • Arranged Over Three Levels +

A rare and exciting opportunity to purchase this quirky three bed, two bathroom property in the highly sought after Woodford Green. This CHAIN FREE house has potential to extend further (STNPC) and is set on a private road. You also have the added bonus of a garage. Viewing is strictly by appointment only.

Agent Details

Charlesons, Gants Hill

020 3909 4057

Next Steps?

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