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

7 Goffs Crescent, Waltham Cross, Hertfordshire, EN7 5JW - 7 views - 7 months ago

Sold STC
Refurb/BRRR
ROI: 4%
~82 m²
+5 photos

ValuationFair Value

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

 

 

Square Metres

~81.70 m²
Price/m²£6.1K/m²

Value Estimate

£488,750

 

 

End Value (After Refurb)

£430,808

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£123,750

Stamp Duty & Legal Fees

£29,100

Refurb Costs

£43,234

Bridging Loan Interest

£12,994

Total Cash In

£210,828

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£430,808

Mortgage (After Refinance)

£323,106

Mortgage LTV

75%

Cash Left In

£210,828

Equity

£107,702

Rent Range

£750 - £6,500

Rent Estimate

£2,588

Running Costs/mo

£1,884

Cashflow/mo

£704

Cashflow/yr

£8,449

ROI

4%

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 
£640K05/210.06 mi58, Cuffley Hill, Goffs Oak, Waltham Cross, Hertfordshire EN7 5EU3
£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
£660K11/220.07 mi36, Cuffley Hill, Goffs Oak, Waltham Cross, Hertfordshire EN7 5EU3
£527.5K11/210.07 mi16, Goffs Crescent, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JR3
£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
£685K04/230.1 mi14, Jones Road, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JS3
£575K11/200.11 mi14, Pollards Close, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JP3
£535K09/210.11 mi30, The Drive, Goffs Oak, Waltham Cross, Hertfordshire EN7 5PA3
£565K06/210.12 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
£507.5K06/210.15 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
£640K06/210.17 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
£355K10/210.25 mi69, Newgatestreet Road, Goffs Oak, Waltham Cross, Hertfordshire EN7 5SN3
£600K06/210.25 mi56, Lulworth Avenue, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JX3
£678K02/230.26 mi48, Lulworth Avenue, Goffs Oak, Waltham Cross, Hertfordshire EN7 5JX3
£575K11/200.35 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
£515K03/210.51 mi510, Goffs Lane, Goffs Oak, Waltham Cross, Hertfordshire EN7 5EW3
£592.5K08/210.79 mi1, The Meadway, Cuffley, Potters Bar, Hertfordshire EN6 4ET3
£607K05/210.79 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
£485K04/210.93 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
£743K02/210.97 mi12, Starling Lane, Cuffley, Potters Bar, Hertfordshire EN6 4JX3
£915K11/220.97 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
£3,80003/240.63 miBurton Lane, Goffs Oak4
£3,80012/240.63 miBurton Lane, Goffs Oak4
£5,50012/240.66 miThe Maples, Goffs Oak, Waltham Cross, Hertfordshire, EN75
£1,80012/240.68 miHigh View Court, Burton Lane, Goffs Oak2
£3,50003/240.74 miCrouch Lane, Goffs Oak5
£3,75003/240.74 miCrouch Lane, Goffs Oak5
£1,90008/240.78 mi-2
£1,95010/240.78 mi-2
£1,95004/240.78 miStation Road, EN62
£1,95004/240.78 miStation Road, Potters Bar2
£1,10012/240.82 miGoffs Lane, Goffs Oak, EN71
£2,25012/240.84 miLightswood Close, Cheshunt, WALTHAM CROSS4
£1,75001/250.89 mi-2
£3,95012/240.89 miGoffs Lane, Goffs Oak, EN75
£1,69503/240.92 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
£1,35004/240.96 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
£1,40003/251.18 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

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

Listed for £505,000

September 12, 2024

Sold for £475,000

2019

Sold for £279,000

2004

Sold for £130,000

1998

Floor Plans

Description

  • Semi detached +
  • Three Bedroom +
  • Through Lounge +
  • New Kitchen (Partially Finished) +
  • In Need of Some Modernisation +
  • Close To Excellent Schools +
  • Cul De Sac Location +
  • Freehold Title +
  • Council Tax Band E +
  • EPC Rating E +

Absolute Property are pleased to offer this three bedroom semi detached family home located in a quiet cul de sac location off Jones Road and within walking distance to Woodside primary School and catchment to Goffs Academy. This home does require some modernisation and also has the potential to extend (STPP) Benefits include a through lounge, new kitchen (partially finished) double glazing, driveway, garage, rear garden and comes with the added advantage of being offered chain free. Viewing is highly recommended.

Location: - 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.

Entrance: - Front door opening to:

Hallway: - Coving to ceiling, radiator, doors to through lounge, kitchen, stairs to first floor landing, understairs storage cupboard.

Through Lounge: - Coving to ceiling, dual aspect with upvc double glazed window to front aspect and upvc double glazed double doors to rear aspect allowing plenty of light to flow through., electric fireplace, two radiators, tv socket.

Kitchen: - Brand new kitchen (Partially finished) Range of eye and base level units, built in oven, hob and extractor, plumbing for washing machine, space for upright fridge freezer, one quarter bowl stainless steel sink drainer unit with mixer taps, space for upright fridge freezer, upvc double glazed window and single door opening to rear garden.

First Floor Landing: - Doors to bedroom one, bedroom two, bedroom three, bathroom, separate wc, loft access, coving to ceiling, upvc double glazed frosted window to side aspect.

Bedroom One: - Built in wardrobes, coving to ceiling, radiator, upvc double glazed window to front aspect.

Bedroom Two: - Airing cupboard, radiator, upvc double glazed window to rear aspect.

Bedroom Three: - Coving to ceiling, radiator, upvc double glazed window to front aspect.

Bathroom: - Comprising of pedestal hand wash basin, bath with shower attachment and electric shower unit, radiator, upvc double glazed frosted window to rear aspect.

Guest Wc: - Low flush wc, upvc double glazed frosted window to side aspect.

Front Aspect: - Driveway leading to garage, rest laid to lawn with shrub borders and flower beds.

Garage: - Accessed via shared driveway with up and over door.

Rear Garden: - Patio with rest Laid to lawn, various mature shrub borders, outside tap, side gate access.

Agent Details

Absolute Property Agents, Cuffley - Sales

020 3897 4901

Next Steps?

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