4 Bed Terraced House, Refurb/BRRR, Woodford Green, IG8 8BA, £700,000

77 Turpins Lane, Woodford Green, Essex, IG8 8BA - 13 views - 6 months ago

Sold STC
Refurb/BRRR
ROI: 8%
77 m²
+25 photos

ValuationOvervalued

Sold Prices£365K - £1.8M
Sold Prices/m²£3.3K/m² - £7.7K/m²

 

 

Square Metres

77 m²
Price/m²£9.1K/m²

Value Estimate

£405,263

 

 

End Value (After Refurb)

£642,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£175,000

Stamp Duty & Legal Fees

£44,700

Refurb Costs

£40,735

Bridging Loan Interest

£18,375

Total Cash In

£280,560

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£642,000

Mortgage (After Refinance)

£481,500

Mortgage LTV

75%

Cash Left In

£280,560

Equity

£160,500

Rent Range

£1,950 - £15,496

Rent Estimate

£4,827

Running Costs/mo

£2,992

Cashflow/mo

£1,835

Cashflow/yr

£22,024

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £365K to £1.8M, average is £682.5K. £3.3K/m² to £7.7K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£661K06/210.03 mi95, Turpins Lane, Woodford Green, Essex IG8 8BA4
£725K06/210.06 mi12, Grovewood Place, Woodford Green, Essex IG8 8PX4
£565K04/210.06 mi32, Love Lane, Woodford Green, Essex IG8 8BB4
£642K11/200.13 mi36, Ely Place, Woodford Green, Essex IG8 8AG4
£690K04/210.15 mi4, St Marys Way, Chigwell, Essex IG7 5BX4
£700K07/220.15 mi1, St Marys Way, Chigwell, Essex IG7 5BX4
£700K06/210.21 mi12, Emmaus Way, Chigwell, Essex IG7 5BY4
£650K01/210.21 mi6, Emmaus Way, Chigwell, Essex IG7 5BY4
£705K01/210.21 mi22, Emmaus Way, Chigwell, Essex IG7 5BY4
£568K02/210.21 mi11, The Childers, Woodford Green, Essex IG8 8EN4
£1.3M05/210.22 mi11, Audleigh Place, Chigwell, Essex IG7 5QT4
£710K06/210.3 mi36, Gwynne Park Avenue, Woodford Green, Greater London IG8 8AB4
£527K04/210.31 mi9, Purleigh Avenue, Woodford Green, Greater London IG8 8DS4
£570K11/200.33 mi22, Gwynne Park Avenue, Woodford Green, Greater London IG8 8AB4
£980K03/210.34 mi20, Rosebury Square, Woodford Green, Greater London IG8 8GT4
£575K10/200.34 mi11, Deacon Way, Woodford Green, Greater London IG8 8DF4
£795K11/220.38 mi28, Purleigh Avenue, Woodford Green, Greater London IG8 8DU4
£710K01/210.38 mi6, Purleigh Avenue, Woodford Green, Greater London IG8 8DU4
£1.2M06/230.39 mi11, The Boulevard, Woodford Green, Greater London IG8 8GW4
£560K03/210.4 mi12, Cairns Avenue, Woodford Green, Greater London IG8 8DH4
£997.5K12/200.4 mi7, The Boulevard, Woodford Green, Greater London IG8 8GW4
£1.0M10/200.4 mi10, The Boulevard, Woodford Green, Greater London IG8 8GW4
£667.5K01/230.4 mi2, Davinia Close, Woodford Green, Greater London IG8 8DG4
£725K02/230.41 mi25, Morgan Way, Woodford Green, Greater London IG8 8DL4
£975K09/210.41 mi21, Brandesbury Square, Woodford Green, Greater London IG8 8GU4
£1.3M06/230.41 mi9, Brandesbury Square, Woodford Green, Greater London IG8 8GU4
£610K05/210.42 mi645, Chigwell Road, Woodford Green, Greater London IG8 8AJ4
£615K10/200.45 mi52, Owen Gardens, Woodford Green, Greater London IG8 8DJ4
£640.5K03/210.45 mi9, Owen Gardens, Woodford Green, Greater London IG8 8DJ4
£533K03/210.49 mi16, Roding Lane North, Woodford Green, Greater London IG8 8NR4
£1.0M06/210.54 mi7, Douglas Close, Ilford, Greater London IG6 2DB4
£1.0M06/210.54 mi7, Douglas Close, Ilford, Greater London IG6 2DB4
£665K04/210.55 mi8, Roding Avenue, Woodford Green, Greater London IG8 8HZ4
£675K04/210.56 mi2, Burnett Road, Ilford, Greater London IG6 2DA4
£1.1M08/220.57 mi8, Lyndhurst Rise, Chigwell, Essex IG7 5BA4
£562K02/210.58 mi28, Copthorne Avenue, Ilford, Greater London IG6 2SQ4
£530K05/210.59 mi34, Gaynes Hill Road, Woodford Green, Greater London IG8 8HX4
£675K05/210.59 mi102, Luxborough Lane, Chigwell, Essex IG7 5AA4
£1000K05/210.59 mi5, Tudor Close, Chigwell, Essex IG7 5BG4
£1.6M11/220.6 mi205, High Road, Chigwell, Essex IG7 5BJ4
£1.8M01/210.62 mi45, Stradbroke Drive, Chigwell, Essex IG7 5RA4
£755K04/210.65 mi27, Chigwell Park Drive, Chigwell, Essex IG7 5BD4
£365K06/210.67 mi10, Crownhill Road, Woodford Green, Greater London IG8 8JG4
£563K04/210.67 mi2, Crownhill Road, Woodford Green, Greater London IG8 8JG4
£675K03/230.68 mi1, Crownhill Road, Woodford Green, Greater London IG8 8JF4
£565K01/210.69 mi5, Vicarage Road, Woodford Green, Greater London IG8 8NH4
£800K02/210.71 mi35, Coolgardie Avenue, Chigwell, Essex IG7 5AX4
£770K11/200.71 mi27, Coolgardie Avenue, Chigwell, Essex IG7 5AX4
£527K11/200.71 mi34, Wannock Gardens, Ilford, Greater London IG6 2SH4
£450K09/220.74 mi2, Copper Beech Close, Ilford, Greater London IG5 0RX4

Local Rents

27 rents from £1.9K/mo to £15.5K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£2,80006/240.06 miWoodford Green , IG84
£3,75008/240.09 mi-5
£2,10006/240.12 miBrunel Road, Woodford Green, IG83
£8,50005/240.23 miNew Forest Lane, Chigwell, Essex, IG77
£12,00004/240.23 miChigwell, IG77
£2,80004/240.24 miNew Forest Lane, Chigwell IG73
£15,49608/240.24 miForest Lane, Chigwell, Essex, IG77
£1,95004/240.31 miElmslie Close, Chigwell, Essex, IG83
£2,75001/250.31 mi-3
£2,75001/250.31 mi-3
£12,00012/230.37 miManor Road, Chigwell, Essex, IG77
£12,00012/230.4 miManor Road, Chigwell7
£3,50005/240.42 miOsborne House, Woodford Green, Essex, IG83
£3,00005/240.43 miRepton Park, Woodford Green, IG83
£2,75004/240.43 miRepton Park, Woodford Green, IG83
£2,99505/240.43 miRepton Park, Woodford Green, IG83
£2,99506/240.43 miRepton Park, Woodford Green, IG83
£2,50004/240.44 miStoneycroft Road, Woodford Green3
£2,50005/240.44 miStoneycroft Road, Woodford Green3
£2,35006/240.44 miStoneycroft Road, Woodford Green3
£2,80005/240.48 miDevonshire House, Woodford Green, IG83
£2,80007/240.48 mi-3
£2,75005/240.5 miRichmond Drive, Woodford Green, Greater London, IG83
£2,35005/240.57 miWaltham Road, Woodford Green, IG83
£5,50007/240.58 miLyndhurst Rise, Chigwell, IG75
£5,50008/240.59 miLyndhurst Rise, Chigwell5
£3,00006/240.6 miChigwell, Essex, IG73

Local Area Statistics

Population in IG8

35,894

Town centre distance

1.16 miles away

Nearest school

0.10 miles away

Nearest train station

0.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £700,000

October 7, 2024

Sold for £385,000

2014

Floor Plans

Description

  • Guide Price £700,000 - £750,000 +
  • 4 Bedroom End Of Terrace House +
  • Fully Refurbished Throughout +
  • High Specification +
  • 3 Reception Rooms +
  • Spanning Over 4 Levels +
  • Private Balcony +
  • Over 1800 Square Feet +
  • Sought After Location +
  • Approx 0.9 Miles From Chigwell Station +

£700,000 - £750,000 Guide Price

Nestled in the charming Turpins Lane of Woodford Green, this exquisite end of terrace house is a true gem waiting to be discovered. With 4 bedrooms and 3 reception rooms spanning over 4 levels, this property offers ample space for comfortable living.

As you step inside, you'll be greeted by over 1800 square feet of beautifully expanded living space. The large rear extension not only adds to the overall size of the house but also brings in an abundance of natural light, creating a warm and inviting atmosphere throughout.

The heart of this home is undoubtedly the sleek and modern kitchen, perfect for whipping up delicious meals or entertaining guests. If you're in need of some fresh air, step out onto your very own private balcony, where you can unwind and soak in the tranquillity of your surroundings.

The basement has been converted into a spacious reception room which is great as a cosy snug or separate lounge meaning there is plenty of space for a growing family.

With being only 0.9 miles away from Chigwell station and also over a mile from Woodford station, convenience is at your doorstep. Whether you're looking for a peaceful retreat from the hustle and bustle of city life or a spacious home to grow your family, this property offers the perfect blend of comfort and style.

Don't miss out on the opportunity to make this stunning house in Turpins Lane your new home. Book a viewing today and step into a world of modern elegance and timeless charm.

Bowden Bradley Estate Agents are the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

Externals -

Hallway - 2.70 x 1.57 (8'10" x 5'1") -

Wc -

Living Room - 7.32 x 3.37 (24'0" x 11'0") -

Kitchen / Dining - 5.26 x 4.88 (17'3" x 16'0") -

Balcony -

Lounge - 2.74 x 4.90 (8'11" x 16'0") -

Landing -

Bedroom - 2.06 x 1.91 (6'9" x 6'3") -

Bedroom - 4.17 x 3.40 (13'8" x 11'1") -

Bedroom - 3.38 x 2.97 (11'1" x 9'8") -

Bathroom - 2.51 x 2.26 (8'2" x 7'4") -

Bedroom - 5.26 x 4.25 (17'3" x 13'11") -

En-Suite - 2.44 x 1.68 (8'0" x 5'6") -

Garden -

Garage - 5.97 x 4.34 (19'7" x 14'2") -

Agent Details

Bowden Bradley, Hainault

020 3907 7766

Next Steps?

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