2 Bed Flat, Single Let, Waltham Cross, EN8 7EF, £250,000

Trinity House, Trinity Lane, Waltham Cross, Hertfordshire, EN8 7EF - 7 months ago

Sold STC

Leasehold

BTL

ROI: 5%

~58 m²

+10 photos

ValuationUndervalued

Sold Prices	£168K - £310K
Sold Prices/m²	£3.7K/m² - £5.3K/m²

Square Metres	~58.30 m²
Price/m²	£4.3K/m²
Value Estimate	£274,441£274,441
BMV	10%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£62,500£62,500
Stamp Duty & Legal Fees	£16,200£16,200
Total Cash In	£78,700£78,700

Cash Out
Rent Range	£1,000 - £2,000£1,000 - £2,000
Rent Estimate	£1,400
Running Costs/mo	£1,081£1,081
Cashflow/mo	£319£319
Cashflow/yr	£3,825£3,825
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

38 sold prices from £168K to £310K, average is £250K. £3.7K/m² to £5.3K/m², average is £4.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£240K	12/20	0.01 mi	Flat 5, Trinity House, Trinity Lane, Waltham Cross, Hertfordshire EN8 7EF	-	-	2	Flat
£227.5K	11/20	0.01 mi	Flat 30, Trinity House, Trinity Lane, Waltham Cross, Hertfordshire EN8 7EF	-	-	2	Flat
£279.5K	02/23	0.05 mi	Flat 10, Akers Court, High Street, Waltham Cross, Hertfordshire EN8 7ED	-	-	2	Flat
£260K	04/21	0.09 mi	42, Cecil Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8TF	£4,727	55	2	Flat
£260K	04/21	0.09 mi	42, Cecil Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8TF	£4,727	55	2	Flat
£237K	04/23	0.18 mi	Flat 22, Burlington House, Swanfield Road, Waltham Cross, Hertfordshire EN8 7FG	-	-	2	Flat
£310K	03/23	0.21 mi	Flat 7, Parkside, Montayne Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8LS	-	-	2	Flat
£304K	04/23	0.21 mi	6a, Royal Avenue, Waltham Cross, Hertfordshire EN8 7QS	-	-	2	Flat
£233K	09/21	0.23 mi	Flat 17, Sawyers Court, Sturlas Way, Waltham Cross, Hertfordshire EN8 7BJ	-	-	2	Flat
£168K	04/21	0.23 mi	Flat 33, Sawyers Court, Sturlas Way, Waltham Cross, Hertfordshire EN8 7BJ	-	-	2	Flat
£255K	04/21	0.29 mi	11, Dairyglen Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 8JW	£5,204	49	2	Flat
£256K	09/21	0.29 mi	7, Dairyglen Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 8JW	£5,120	50	2	Flat
£240K	07/21	0.32 mi	Flat 3, Pegasus House, Crossbrook Street, Cheshunt, Waltham Cross, Hertfordshire EN8 8JU	-	-	2	Flat
£285K	03/21	0.35 mi	24, Eastern Avenue, Waltham Cross, Hertfordshire EN8 7JD	£4,750	60	2	Flat
£222K	01/21	0.36 mi	Flat 30, Maple Leaf Court, Cross Road, Waltham Cross, Hertfordshire EN8 7HU	-	-	2	Flat
£250K	03/21	0.44 mi	66, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR	£4,098	61	2	Flat
£275K	11/21	0.44 mi	62, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR	£4,741	58	2	Flat
£255K	01/21	0.44 mi	22, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR	£4,048	63	2	Flat
£257.5K	11/20	0.44 mi	1, Kelman Close, Waltham Cross, Hertfordshire EN8 8JL	£4,769	54	2	Flat
£270K	06/21	0.51 mi	4a, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 8LA	£5,294	51	2	Flat
£253K	07/21	0.53 mi	145, Downfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8SS	-	-	2	Flat
£249K	06/21	0.57 mi	15, Guinevere Gardens, Waltham Cross, Hertfordshire EN8 8EJ	£4,368	57	2	Flat
£265K	07/21	0.57 mi	3, Guinevere Gardens, Waltham Cross, Hertfordshire EN8 8EJ	£4,461	59	2	Flat
£223K	07/23	0.57 mi	27, Guinevere Gardens, Cheshunt, Waltham Cross, Hertfordshire EN8 8EJ	£3,780	59	2	Flat
£190K	06/21	0.57 mi	Flat 46, Edwards Court, Turners Hill, Waltham Cross, Hertfordshire EN8 8SA	-	-	2	Flat
£235K	03/23	0.64 mi	16, Steward Close, Cheshunt, Waltham Cross, Hertfordshire EN8 8UW	£3,672	64	2	Flat
£255K	12/22	0.64 mi	Flat 42, Edwards Court, Turners Hill, Waltham Cross, Hertfordshire EN8 8SA	-	-	2	Flat
£222K	05/23	0.67 mi	Flat 6, Westminster Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SH	£4,195	53	2	Flat
£225K	11/20	0.68 mi	Flat 3, Hardingstone Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SF	£4,688	48	2	Flat
£230K	03/23	0.68 mi	Flat 21, Hardingstone Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SF	-	-	2	Flat
£300K	01/23	0.78 mi	Flat 12, Chapman Courtyard, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9FD	£4,918	61	2	Flat
£250K	11/20	0.86 mi	Flat 7, Southgate House, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9DA	-	-	2	Flat
£205K	11/22	0.87 mi	Flat 3, Alexander Court, Victoria Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9EP	-	-	2	Flat
£270K	11/22	0.89 mi	Flat 21, Northgate House, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9BY	-	-	2	Flat
£270K	02/21	0.89 mi	131, Fishers Close, Waltham Cross, Hertfordshire EN8 7NN	£3,750	72	2	Flat
£245K	06/23	0.91 mi	4a, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9DL	-	-	2	Flat
£205K	06/23	0.95 mi	Flat 3, Glebe Court, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9FB	-	-	2	Flat
£225K	12/20	0.95 mi	Flat 8, Glebe Court, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9FB	-	-	2	Flat

Local Rents

50 rents from £1K/mo to £2K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,500	03/24	0 mi	Trinity House, Trinity Lane, Waltham Cross	2	Flat
£1,500	04/24	0.04 mi	Akers Court, High Street, Waltham Cross	2	Flat
£1,700	04/25	0.04 mi	-	2	Flat
£1,675	03/25	0.05 mi	-	2	Flat
£1,850	03/25	0.07 mi	-	2	Flat
£1,850	03/25	0.08 mi	-	2	Flat
£1,900	03/25	0.08 mi	-	2	Flat
£1,900	03/25	0.08 mi	-	2	Flat
£1,725	04/25	0.08 mi	-	2	Terraced House
£1,650	04/25	0.11 mi	-	2	Flat
£1,850	12/24	0.13 mi	-	2	Terraced House
£1,500	04/24	0.16 mi	Claire Court, Cheshunt, EN8	2	Flat
£1,400	04/24	0.16 mi	Springfield Road, Cheshunt	2	Flat
£1,600	04/25	0.17 mi	-	2	Flat
£1,600	03/24	0.18 mi	Swanfield Road, Waltham Cross, EN8 7FG	2	Flat
£1,500	04/24	0.18 mi	Burlington House, Swanfield Road, Waltham Cross	2	Flat
£1,550	11/23	0.18 mi	-	2	Flat
£1,950	02/24	0.18 mi	-	2	Flat
£1,600	02/24	0.18 mi	-	2	Flat
£1,550	05/24	0.18 mi	Burlington House, Swanfield Road, Waltham Cross, Hertfordshire, EN8 7FG	2	Flat
£1,900	04/25	0.2 mi	-	2	Flat
£1,900	04/25	0.22 mi	-	2	Flat
£1,500	12/24	0.26 mi	Friends Avenue, Cheshunt, Waltham Cross	2	Flat
£1,500	12/24	0.26 mi	Friends Avenue, Cheshunt, Waltham Cross, Hertfordshire, EN8	2	Flat
£1,750	04/24	0.27 mi	-	2	Semi-Detached House
£1,750	04/24	0.27 mi	Dairyglen Avenue, Cheshunt, Waltham Cross, EN8	2	Semi-Detached House
£1,378	11/23	0.29 mi	-	2	Terraced House
£1,500	03/25	0.31 mi	-	2	Flat
£1,600	04/25	0.32 mi	-	2	Flat
£2,000	04/25	0.35 mi	-	2	Terraced House
£2,000	03/25	0.35 mi	-	2	Terraced House
£1,950	04/25	0.35 mi	-	2	Terraced House
£1,600	05/24	0.35 mi	-	2	Flat
£1,700	12/24	0.36 mi	Russells Ride, Cheshunt	2	Flat
£1,400	01/25	0.41 mi	-	2	Flat
£1,650	12/24	0.42 mi	-	2	Flat
£1,650	01/25	0.42 mi	-	2	Flat
£1,650	02/25	0.42 mi	-	2	Flat
£1,950	04/25	0.43 mi	-	2	Flat
£1,550	05/24	0.43 mi	Eleanor Cross Road, Waltham Cross	2	Flat
£1,700	01/24	0.44 mi	-	2	Flat
£1,800	08/24	0.44 mi	-	2	Flat
£1,500	04/24	0.48 mi	Eleanor Cross Road, Waltham Cross	2	Flat
£1,275	05/24	0.51 mi	King Arthur Court, Cheshunt, Hertfordshire, EN8	2	Flat
£1,250	03/24	0.51 mi	Turners Hill, Cheshunt, Waltham Cross, Hertfordshire, EN8 8LA	2	Flat
£1,200	04/24	0.53 mi	Gwendoline Court Waltham Cross	2	Flat
£1,000	04/24	0.53 mi	Gwendoline Court Waltham Cross	2	Flat
£1,550	04/25	0.53 mi	-	2	Flat
£1,550	04/25	0.53 mi	-	2	Flat
£1,600	04/24	0.55 mi	Downfield Road, Cheshunt	2	Flat

Local Area Statistics

Population in EN8	35,75835,758
Population in Waltham Cross	57,68857,688
Town centre distance	1.30 miles away1.30 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.09 miles away0.09 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+3%+3%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+16%+16%

Property History

Price changed to £250,000

March 12, 2025

Listed for £240,000

September 21, 2024

Floor Plans

Description

Chain Free +
Newly Refurbished +
98 Year Lease +
Allocated Parking +
Modern Kitchen with Newly Fitted Units, Work Surfaces & Oven +
Walking Distance to Theobalds Grove & Waltham Cross BR Stations +
Ideal Investment Opportunity or First Time Purchase +
Easy Access to A10 & M25 +
Second Floor Flat +

Christopher stokes are delighted to offer this High Specification Two Bedroom Second Floor Flat located in Waltham Cross. This Ideal Investment Opportunity or First Time Purchase is being offered on a Chain Free Basis and Benefits a 98 Year Lease, Newly Refurbished Interior, Modern Kitchen, Allocated Parking Space and is conveniently located within Walking Distance to Theobalds Grove & Waltham Cross BR Stations, Waltham Cross Bus Station, Shops & Amenities making this a perfect property for those who commute.

Lounge - 3.33m x 5.26m Kitchen - 2.00m x 3.38m Bedroom - 3.60m x 3.38m Bedroom - 1.67m x 3.38m Bathroom - 2.20m x 1.78m

Lease - 98 Years Ground Rent - £200PA Service Charge - £235PCM - The service charge includes the water/sewage rates.

Agent Details

Christopher Stokes, Cheshunt

01992 662165

Next Steps?

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ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents