2 Bed Terraced House, Single Let, Buckhurst Hill, IG9 5HZ, £525,000

Beech Lane, Buckhurst Hill, IG9 5HZ - 3 views - 8 months ago

BTL
~68 m²
+15 photos

ValuationFair Value

Sold Prices£345K - £1.0M
Sold Prices/m²£5.2K/m² - £11.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£7.7K/m²

Value Estimate

£521,311

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£30,700

Total Cash In

£161,950

 

 

Cash Out

 

Rent Range

£1,250 - £2,750

Rent Estimate

£1,475

Running Costs/mo

£1,956

Cashflow/mo

£-481

Cashflow/yr

£-5,767

Gross Yield

3%

Local Sold Prices

48 sold prices from £345K to £1.0M, average is £490.8K. £5.2K/m² to £11.5K/m², average is £7.6K/m².

PriceDateDistanceAddressBeds 
£1.0M12/200.23 mi20, Woodland Way, Woodford Green, Greater London IG8 0QG2
£520.5K06/210.34 mi7, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£800K10/220.36 mi12, Starling Close, Buckhurst Hill, Essex IG9 5TN2
£740K03/210.43 mi6, Fernside, Buckhurst Hill, Essex IG9 5TY2
£665.2K02/210.43 mi14, Fernside, Buckhurst Hill, Essex IG9 5TY2
£510K11/220.46 mi71, Gladstone Road, Buckhurst Hill, Essex IG9 5SW2
£475K03/210.46 mi51, Gladstone Road, Buckhurst Hill, Essex IG9 5SW2
£445K02/210.47 mi49, Gladstone Road, Buckhurst Hill, Essex IG9 5SW2
£480K11/210.47 mi41, Gladstone Road, Buckhurst Hill, Essex IG9 5SW2
£460K08/230.47 mi18, Gladstone Road, Buckhurst Hill, Essex IG9 5SW2
£995K11/210.5 mi5, Woodside Road, Woodford Green, Greater London IG8 0TW2
£800K08/210.54 mi9, Ormonde Rise, Buckhurst Hill, Essex IG9 5QQ2
£630K06/230.7 mi26, Valance Avenue, London, Greater London E4 6DR2
£475K04/210.7 mi4, Jacklin Green, Woodford Green, Greater London IG8 0TY2
£450K05/230.7 mi31, Jacklin Green, Woodford Green, Greater London IG8 0TY2
£525K06/210.74 mi11, North End, Buckhurst Hill, Essex IG9 5RA2
£351K11/220.74 mi74c, Station Way, Buckhurst Hill, Essex IG9 6LL2
£430K06/210.75 mi109, Manor Farm Drive, London, Greater London E4 6HH2
£345K03/210.77 mi23, Westminster Gardens, London, Greater London E4 6ER2
£437K12/200.77 mi21, Westminster Gardens, London, Greater London E4 6ER2
£417K03/210.77 mi17, Westminster Gardens, London, Greater London E4 6ER2
£413.3K03/210.77 mi18, Westminster Gardens, London, Greater London E4 6ER2
£445K02/210.77 mi19, Westminster Gardens, London, Greater London E4 6ER2
£500K03/210.79 mi27, Chestnut Close, Buckhurst Hill, Essex IG9 6EL2
£491K06/210.8 mi66, Bernwell Road, London, Greater London E4 6HY2
£500K06/230.8 mi38, Lower Queens Road, Buckhurst Hill, Essex IG9 6DN2
£490.5K12/200.82 mi26, Chestnut Walk, Woodford Green, Greater London IG8 0TE2
£435K08/210.83 mi37, Bluehouse Road, London, Greater London E4 6HS2
£537K03/210.84 mi1, Alfred Road, Buckhurst Hill, Essex IG9 6DW2
£520K05/230.84 mi21, Alfred Road, Buckhurst Hill, Essex IG9 6DW2
£585K04/230.84 mi19, Alfred Road, Buckhurst Hill, Essex IG9 6DW2
£487.5K02/210.84 mi3, Alfred Road, Buckhurst Hill, Essex IG9 6DW2
£490K05/210.84 mi21, Alfred Road, Buckhurst Hill, Essex IG9 6DW2
£558K06/230.84 mi57, Alfred Road, Buckhurst Hill, Essex IG9 6DW2
£558K03/230.84 mi7, Alfred Road, Buckhurst Hill, Essex IG9 6DW2
£530K02/230.85 mi59, Alfred Road, Buckhurst Hill, Essex IG9 6DW2
£525K09/210.85 mi45, Alfred Road, Buckhurst Hill, Essex IG9 6DW2
£430K06/210.85 mi53, Hornbeam Road, Buckhurst Hill, Essex IG9 6JX2
£425K03/230.86 mi56, Manor Farm Drive, Chingford, London, Greater London E4 6HJ2
£475K10/220.86 mi10, Cascade Road, Buckhurst Hill, Essex IG9 6DX2
£470K06/230.9 mi38, Wyemead Crescent, London, Greater London E4 6HW2
£360K12/200.92 mi10, The Windsors, Buckhurst Hill, Essex IG9 6DJ2
£465K06/210.92 mi24, The Windsors, Buckhurst Hill, Essex IG9 6DJ2
£570K03/210.93 mi3, Harts Grove, Woodford Green, Greater London IG8 0BN2
£431K06/230.98 mi3, Durham Avenue, Woodford Green, Greater London IG8 7NH2
£497K09/210.99 mi227, Prospect Road, Woodford Green, Greater London IG8 7NF2
£515K04/210.99 mi144, Prospect Road, Woodford Green, Greater London IG8 7NF2
£497K09/210.99 mi227, Prospect Road, Woodford Green, Greater London IG8 7NF2

Local Rents

49 rents from £1.3K/mo to £2.8K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,50004/240.07 mi-2
£1,50004/240.07 mi-2
£1,80003/250.07 mi-2
£1,80003/250.07 mi-2
£1,75004/240.07 miFawn Heights, Stag Lane, Buckhurst Hill IG92
£1,80001/240.08 miBuckhurst Hill, Buckhurst Hill, IG92
£1,85002/250.12 mi-2
£2,00004/240.12 miHigh Road, Buckhurst Hill2
£1,75004/240.13 miStag Lane, Buckhurst Hill2
£1,85004/240.13 miShore Point, High Road, Buckhurst Hill, IG92
£1,60005/240.14 miStag Lane, Buckhurst Hill2
£1,85008/240.14 miForest Heights, Epping New Road, Buckhurst Hill, IG92
£1,80008/240.14 miStag Heights, Buckhurst Hill, IG92
£1,65004/240.18 miBuckhurst Hill House, Queens Road, Buckhurst Hill, IG92
£1,60012/240.23 mi-2
£2,00007/240.25 miBuckhurst Hill, IG92
£1,80007/240.25 miBuckhurst Hill, IG92
£1,70001/240.25 miBuckhurst Hill, Buckhurst Hill, IG92
£1,87501/240.25 miBuckhurst Hill, Buckhurst Hill, IG92
£1,67505/240.25 miBuckhurst Hill2
£2,20008/240.31 mi-2
£2,65005/240.32 miEton Heights, Whitehall Road, Woodford Green2
£2,75004/240.32 miEton Heights, Whitehall Road, Woodford Green2
£1,70004/240.33 miPrinces Road, Buckhurst Hill, IG92
£1,59507/240.33 miQueens Road, Buckhurst Hill2
£1,25001/240.34 mi Queens Road, Buckhurst Hill, IG92
£1,59008/240.35 mi-2
£1,99508/240.36 miPrinces Road, Buckhurst Hill2
£1,47502/250.36 mi-2
£1,49504/250.36 mi-2
£1,47507/240.36 mi-2
£2,10007/240.38 miQueens Road, Buckhurst Hill, IG92
£2,10007/240.38 miQueens Road, Buckhurst Hill, IG92
£2,10007/240.38 miQueens Road, Buckhurst Hill, IG92
£1,75003/240.39 miWhitehall Road, Woodford Green, IG82
£2,50001/240.39 miQueens Road, Buckhurst Hill2
£1,75004/240.39 miWhitehall Road, Woodford Green IG82
£1,75004/240.41 miWhitehall Road, Woodford Green2
£1,75005/240.41 miWhitehall Road, Woodford Green2
£1,60006/240.42 miBuckhurst Hill, IG92
£1,80004/240.45 mi-2
£1,60004/240.49 miIbrox Court, IG92
£1,85008/240.52 mi83 Queens Road, Buckhurst Hill, IG92
£1,59503/240.53 mi-2
£1,60004/240.53 miSeymour Court, London, E42
£1,60005/240.53 mi-2
£1,60012/240.53 mi-2
£1,60012/240.53 mi-2
£1,60004/240.53 miSeymour Court, Whitehall Road, Chingford2

Local Area Statistics

Population in IG9

12,744

Population in Buckhurst Hill

12,817

Town centre distance

0.42 miles away

Nearest school

0.30 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £525,000

August 22, 2024

Floor Plans

Description

  • Victorian property with two bedrooms +
  • Offered with no onward chai +
  • Ready for someone to put their mark on +
  • First floor bathroom +
  • Off street parking +
  • Sought after schools close by +
  • Courtyard rear garden +
  • Quiet spot, ideally placed for Queens Road & Central Line +
  • EPC rating D64 / Council Tax band D +

This traditional brick-fronted Victorian property which is situated in a wonderfully quiet spot, offers enormous potential for a discerning buyer to put their mark on a property. There are two double bedrooms, a spacious first floor bathroom, open plan lounge / diner, separate and a mature courtyard garden.

Location

Buckhurst Hill is a particularly sought after area due to its schools, transport links and trendy shops with Epping Forest on the doorstep. The Central Line gives easy access to the City, Canary Wharf and West End, and for road users, the M25, M11 and routes into London are conveniently close by. With a wide selection of cricket, tennis and golf clubs, and a David Lloyd Centre a short drive away, the buyers will never be short of leisure pursuits.

Interior

The ground floor accommodation commences with an entrance lobby which leads into the principal reception room with a traditional double glazed bay window and opening to a dining area which has stairs up to the first floor. The layout has clearly been changed over time, but would appear easy to rearrange to have an independent hall, lounge and dining room. To the rear of the dining area is a separate kitchen with ample space for both appliances and storage. On the first floor are two double bedrooms, both served by a spacious family bathroom with a corner Jacuzzi style bath.

Exterior

The front garden is hard landscaped with parking for one small car. To the rear is a courtyard garden with raised borders and there is a brick built storage shed.

Agent Details

Farr O'Neil, Buckhurst Hill

020 3870 7037

Next Steps?

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