2 Bed Flat, Single Let, Loughton, IG10 4PZ, £300,000

Crescent View, High Road, Loughton, IG10 4PZ - 7 months ago

Sold STC

Leasehold

BTL

ROI: 3%

~68 m²

+7 photos

ValuationUndervalued

Sold Prices	£265K - £710K
Sold Prices/m²	£4.1K/m² - £7.8K/m²

Square Metres	~68.11 m²
Price/m²	£4.4K/m²
Value Estimate	£366,000£366,000
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£75,000£75,000
Stamp Duty & Legal Fees	£21,200£21,200
Total Cash In	£96,200£96,200

Cash Out
Rent Range	£1,400 - £3,200£1,400 - £3,200
Rent Estimate	£1,453
Running Costs/mo	£1,248£1,248
Cashflow/mo	£205£205
Cashflow/yr	£2,459£2,459
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

40 sold prices from £265K to £710K, average is £347.5K. £4.1K/m² to £7.8K/m², average is £5.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£410K	03/23	0.09 mi	1, Algers Mead, Loughton, Essex IG10 4NJ	£7,321	56	2	Flat
£415K	02/23	0.09 mi	18, Algers Close, Loughton, Essex IG10 4NH	£5,764	72	2	Flat
£385K	06/21	0.09 mi	6, Algers Close, Loughton, Essex IG10 4NH	£5,203	74	2	Flat
£400K	02/23	0.11 mi	7, Algers Road, Loughton, Essex IG10 4NQ	-	-	2	Flat
£360K	06/21	0.12 mi	Flat 41, Carlton House, Algers Road, Loughton, Essex IG10 4RS	-	-	2	Flat
£395K	11/20	0.12 mi	Flat 51, Carlton House, Algers Road, Loughton, Essex IG10 4RS	-	-	2	Flat
£462.5K	06/21	0.16 mi	Flat 13, Collins Court, Lower Park Road, Loughton, Essex IG10 4NL	-	-	2	Flat
£419.5K	01/21	0.18 mi	3a, Lower Park Road, Loughton, Essex IG10 4NB	£5,993	70	2	Flat
£370K	01/21	0.25 mi	10, Meadow Road, Loughton, Essex IG10 4HX	£6,019	61	2	Flat
£395K	07/23	0.25 mi	90, Lower Park Road, Loughton, Essex IG10 4NE	£5,725	69	2	Flat
£310K	03/21	0.47 mi	35, Cheltenham Gardens, Loughton, Essex IG10 3AW	£6,078	51	2	Flat
£335K	09/21	0.53 mi	24, Valley Close, Loughton, Essex IG10 3AB	£5,403	62	2	Flat
£370K	07/23	0.54 mi	3, Valley Close, Loughton, Essex IG10 3AB	£6,379	58	2	Flat
£360K	06/21	0.59 mi	Flat 27, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH	-	-	2	Flat
£342K	01/21	0.59 mi	Flat 15, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH	-	-	2	Flat
£342K	06/21	0.59 mi	Flat 35, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH	-	-	2	Flat
£352.5K	03/23	0.59 mi	Flat 34, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH	-	-	2	Flat
£340K	12/20	0.67 mi	5, Avondale Close, Loughton, Essex IG10 3DH	£6,182	55	2	Flat
£710K	12/20	0.7 mi	Flat 11, Roebuck Heights, North End, Buckhurst Hill, Essex IG9 5RF	-	-	2	Flat
£265K	03/21	0.72 mi	297a, High Road, Loughton, Essex IG10 1AL	£4,274	62	2	Flat
£265K	11/20	0.72 mi	303a, High Road, Loughton, Essex IG10 1AL	£4,141	64	2	Flat
£265K	03/21	0.72 mi	297a, High Road, Loughton, Essex IG10 1AL	£4,274	62	2	Flat
£411K	06/21	0.79 mi	12, Russell Road, Buckhurst Hill, Essex IG9 5QJ	£7,339	56	2	Flat
£355K	12/20	0.82 mi	Flat 70, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SQ	-	-	2	Flat
£335K	09/22	0.82 mi	18, York Hill, Loughton, Essex IG10 1RL	£5,403	62	2	Flat
£320K	06/21	0.84 mi	Flat 21, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH	-	-	2	Flat
£415K	12/20	0.84 mi	Flat 22, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH	-	-	2	Flat
£280K	12/20	0.84 mi	31, Barncroft Road, Loughton, Essex IG10 3EY	£5,385	52	2	Flat
£323K	04/21	0.84 mi	4, Barncroft Road, Loughton, Essex IG10 3EY	£6,743	48	2	Flat
£305K	04/21	0.84 mi	11, Barncroft Road, Loughton, Essex IG10 3EY	£6,224	49	2	Flat
£340K	12/22	0.84 mi	31, Barncroft Road, Loughton, Essex IG10 3EY	£6,538	52	2	Flat
£310K	02/21	0.84 mi	22, Barncroft Road, Loughton, Essex IG10 3EY	£5,741	54	2	Flat
£320K	01/21	0.89 mi	134, River Way, Loughton, Essex IG10 3LL	£5,614	57	2	Flat
£317.5K	10/20	0.89 mi	126, River Way, Loughton, Essex IG10 3LL	£5,205	61	2	Flat
£345K	02/23	0.89 mi	Flat 27, Block A, Ardmore Lane, Buckhurst Hill, Essex IG9 5RY	-	-	2	Flat
£283K	06/21	0.9 mi	99, River Way, Loughton, Essex IG10 3LN	-	-	2	Flat
£350K	06/21	0.9 mi	145, River Way, Loughton, Essex IG10 3LN	£6,863	51	2	Flat
£343K	02/21	0.9 mi	109, River Way, Loughton, Essex IG10 3LN	£4,971	69	2	Flat
£475K	06/21	0.95 mi	45, Queens Road, Loughton, Essex IG10 1RR	-	-	2	Flat
£455K	02/21	0.95 mi	21, Queens Road, Loughton, Essex IG10 1RR	£7,845	58	2	Flat

Local Rents

26 rents from £1.4K/mo to £3.2K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,500	04/24	0.01 mi	Crescent View, High Road, Loughton	2	Flat
£1,650	01/25	0.02 mi	-	2	Flat
£3,200	05/24	0.07 mi	Albion Hill, Loughton	2	Flat
£3,200	04/24	0.08 mi	Albion Hill, Loughton	2	Flat
£3,200	05/24	0.1 mi	Albion Hill, Loughton, Essex, IG10	2	Flat
£1,750	03/25	0.1 mi	-	2	Flat
£2,200	04/24	0.1 mi	Albion Hill, Loughton, Essex, IG10	2	Flat
£1,550	01/25	0.13 mi	-	2	Flat
£1,850	04/24	0.14 mi	Grange Court, High Road, Loughton, Essex, IG10	2	Flat
£1,950	05/24	0.15 mi	Lower Park Road, Loughton, Essex, IG10	2	Flat
£1,950	05/24	0.15 mi	Lower Park Road, Loughton, IG10	2	Flat
£1,600	04/24	0.25 mi	Lower Park Road	2	Flat
£1,750	04/24	0.33 mi	Tewkesbury Close, Loughton, IG10	2	Terraced House
£1,700	04/24	0.34 mi	-	2	Flat
£1,900	03/25	0.36 mi	-	2	Terraced House
£1,400	04/24	0.48 mi	-	2	Flat
£1,425	06/24	0.51 mi	loughton	2	Flat
£1,600	04/24	0.52 mi	Cherrywood Heights, Clifton Road, Loughton, IG10	2	Flat
£1,750	01/25	0.53 mi	-	2	Flat
£2,000	04/24	0.57 mi	Smarts Lane, Loughton, Essex, IG10	2	Terraced House
£1,800	04/24	0.59 mi	Valley Hill, Loughton, Essex, IG10	2	Flat
£1,850	01/25	0.59 mi	-	2	Flat
£1,900	11/23	0.59 mi	-	2	Flat
£1,700	04/24	0.59 mi	-	2	Flat
£1,800	12/24	0.59 mi	-	2	Flat
£2,000	05/24	0.6 mi	Forest Road, Loughton, Essex, IG10	2	Terraced House

Local Area Statistics

Population in IG10	31,51331,513
Population in Loughton	31,51531,515
Town centre distance	0.71 miles away0.71 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.34 miles away0.34 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-3%-3%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+11%+11%

Property History

Price changed to £300,000

March 8, 2025

Listed for £325,000

August 27, 2024

Floor Plans

Description

Guide Price: £300,000 - £315,000 +
Two Bedroom Ground Floor Flat +
13ft Lounge +
9ft Kitchen +
Share of Freehold +
Direct Access to Communal Garden +
South Loughton Location +
Short Walk to Loughton Central Line Station; High Road Shops; and Epping Forest +
Chain Free +

Set within a popular South Loughton location lies this two bedroom ground floor flat with direct access to the communal garden. The location is ideal - a quiet cul-de-sac turning only short walk of Loughton's Central Line station; High Road shops (including Marks and Spencer's and Sainsbury's); and the picturesque Epping Forest. The property has a 13ft lounge with bay window; kitchen with door to garden; and two bedrooms. The communal garden has side access and patio. Crescent View has been popular for both first time buyers and for investment too. 4G excellent data and voice

Agent Details

Woodbury Homes, Loughton

020 8508 2030

Next Steps?

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

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