3 Bed Flat, Single Let, Ilford, IG5 0ER, £325,000
ValuationUndervalued
| Sold Prices | £90K - £1.8M |
| Sold Prices/m² | £1.1K/m² - £10.2K/m² |
| |
Square Metres | ~93 m² |
| Price/m² | £3.5K/m² |
Value Estimate | £399,750£399,750 |
| BMV | 23% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £81,250£81,250 |
Stamp Duty & Legal Fees | £23,700£23,700 |
Total Cash In | £104,950£104,950 |
| |
Cash Out | |
Rent Range | £1,900 - £3,000£1,900 - £3,000 |
Rent Estimate | £1,947 |
Running Costs/mo | £1,425£1,425 |
Cashflow/mo | £522£522 |
Cashflow/yr | £6,264£6,264 |
ROI | 6%6% |
Gross Yield | 7%7% |
Local Sold Prices
50 sold prices from £90K to £1.8M, average is £395K. £1.1K/m² to £10.2K/m², average is £5.1K/m².
| Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
| £354K | 11/22 | 0.53 mi | 1, Barnardo Drive, Ilford, Greater London IG6 1EZ | £4,431 | 80 | 3 | Flat | |
| £320K | 11/21 | 0.83 mi | 1, Marlowe Close, Ilford, Greater London IG6 2LP | £6,154 | 52 | 3 | Flat | |
| £570K | 05/22 | 0.97 mi | 153, Quebec Road, Ilford, Greater London IG2 6AP | £7,724 | 74 | 3 | Flat | |
| £740K | 11/22 | 1.07 mi | Flat 9, The Manor, Regents Drive, Woodford Green, Greater London IG8 8RT | - | - | 3 | Flat | |
| £220K | 10/20 | 1.12 mi | 782, Eastern Avenue, Ilford, Greater London IG2 7HY | £3,492 | 63 | 3 | Flat | |
| £220K | 10/20 | 1.12 mi | 782, Eastern Avenue, Ilford, Greater London IG2 7HY | £3,492 | 63 | 3 | Flat | |
| £90K | 05/23 | 1.15 mi | 256a, Tomswood Hill, Ilford, Greater London IG6 2QS | £1,080 | 83 | 3 | Flat | |
| £807.5K | 04/21 | 1.17 mi | Flat 18, Sutherland House, Rosebury Square, Woodford Green, Greater London IG8 8NS | - | - | 3 | Flat | |
| £775K | 03/21 | 1.2 mi | Flat 3, Goldsmith House, Brandesbury Square, Woodford Green, Greater London IG8 8RL | - | - | 3 | Flat | |
| £335K | 06/21 | 1.3 mi | 39, Claybury Road, Woodford Green, Greater London IG8 8JE | £4,589 | 73 | 3 | Flat | |
| £342K | 06/21 | 1.33 mi | 66, Roding Lane North, Woodford Green, Greater London IG8 8NN | £5,700 | 60 | 3 | Flat | |
| £1.8M | 01/21 | 1.51 mi | 45, Stradbroke Drive, Chigwell, Essex IG7 5RA | £7,725 | 233 | 3 | Flat | |
| £366.5K | 01/23 | 1.58 mi | Flat 22, Old Mill Court, Chigwell Road, London, Greater London E18 1NJ | - | - | 3 | Flat | |
| £350K | 01/21 | 1.58 mi | Flat 18, Old Mill Court, Chigwell Road, London, Greater London E18 1NJ | - | - | 3 | Flat | |
| £290K | 07/23 | 1.61 mi | 54, Friars Close, Ilford, Greater London IG1 4AZ | £3,867 | 75 | 3 | Flat | |
| £785K | 10/21 | 1.89 mi | Flat 5, Langham House, Makepeace Road, London, Greater London E11 1UX | - | - | 3 | Flat | |
| £362K | 09/21 | 1.89 mi | Flat 24, Oakhall Court, Harrier Avenue, London, Greater London E11 2JF | - | - | 3 | Flat | |
| £435K | 03/21 | 1.9 mi | 94, Pulteney Road, London, Greater London E18 1PS | £10,168 | 43 | 3 | Flat | |
| £495K | 11/20 | 1.96 mi | 64b, Eastwood Road, London, Greater London E18 1BU | - | - | 3 | Flat | |
| £315K | 11/21 | 2.05 mi | 16, Kingswood Road, Ilford, Greater London IG3 8UE | £4,632 | 68 | 3 | Flat | |
| £430K | 05/21 | 2.06 mi | 39a, Lansdowne Road, London, Greater London E18 2BA | - | - | 3 | Flat | |
| £537K | 02/23 | 2.06 mi | Flat 30, Eagle Court, Hermon Hill, Wanstead, London, Greater London E11 1PD | - | - | 3 | Flat | |
| £497.1K | 03/23 | 2.08 mi | 48, Beechwood Park, London, Greater London E18 2EQ | £7,174 | 69 | 3 | Flat | |
| £475K | 04/23 | 2.11 mi | 43, Beechwood Park, London, Greater London E18 2EH | £5,523 | 86 | 3 | Flat | |
| £500K | 06/21 | 2.11 mi | Flat 83, Hermitage Court, Woodford Road, London, Greater London E18 2EP | - | - | 3 | Flat | |
| £500K | 11/20 | 2.11 mi | Flat 81, Hermitage Court, Woodford Road, London, Greater London E18 2EP | - | - | 3 | Flat | |
| £455K | 07/21 | 2.14 mi | 68, Malcolm Way, London, Greater London E11 1PW | £6,691 | 68 | 3 | Flat | |
| £450K | 11/22 | 2.16 mi | 19, Silver Mead, London, Greater London E18 2TH | £6,122 | 74 | 3 | Flat | |
| £250K | 12/20 | 2.18 mi | 56, Daines Close, London, Greater London E12 5LQ | £5,952 | 42 | 3 | Flat | |
| £375K | 02/21 | 2.18 mi | 48, Tamar Square, Woodford Green, Greater London IG8 0EA | £4,402 | 85 | 3 | Flat | |
| £380K | 06/21 | 2.18 mi | 53, Tamar Square, Woodford Green, Greater London IG8 0EA | £4,634 | 82 | 3 | Flat | |
| £363.6K | 08/21 | 2.18 mi | 39, Tamar Square, Woodford Green, Greater London IG8 0EA | £4,435 | 82 | 3 | Flat | |
| £328K | 06/21 | 2.18 mi | 34, Tamar Square, Woodford Green, Greater London IG8 0EA | £3,600 | 91 | 3 | Flat | |
| £435K | 03/23 | 2.23 mi | Flat 88, Malford Court, The Drive, London, Greater London E18 2HT | - | - | 3 | Flat | |
| £485K | 03/21 | 2.23 mi | Flat 34, Malford Court, The Drive, London, Greater London E18 2HR | - | - | 3 | Flat | |
| £370K | 01/23 | 2.24 mi | 6, Croft Lodge Close, Woodford Green, Greater London IG8 0DU | £5,873 | 63 | 3 | Flat | |
| £410K | 10/21 | 2.27 mi | 11, Croft Lodge Close, Woodford Green, Greater London IG8 0DU | £5,190 | 79 | 3 | Flat | |
| £380K | 06/21 | 2.27 mi | 17, Croft Lodge Close, Woodford Green, Greater London IG8 0DU | £4,130 | 92 | 3 | Flat | |
| £372.5K | 02/21 | 2.27 mi | 23, Woodleigh, London, Greater London E18 2RF | £6,422 | 58 | 3 | Flat | |
| £364.5K | 06/21 | 2.34 mi | 36, Arundel Gardens, Ilford, Greater London IG3 9SX | £5,625 | 65 | 3 | Flat | |
| £405K | 03/21 | 2.35 mi | 25, Hermitage Walk, London, Greater London E18 2BP | £5,870 | 69 | 3 | Flat | |
| £400K | 01/21 | 2.38 mi | 28, Audley Court, London, Greater London E18 2BZ | £5,333 | 75 | 3 | Flat | |
| £515K | 10/20 | 2.42 mi | 26, The Bowls, Chigwell, Essex IG7 6NB | £3,902 | 132 | 3 | Flat | |
| £565K | 01/21 | 2.42 mi | 14, The Bowls, Chigwell, Essex IG7 6NB | £4,556 | 124 | 3 | Flat | |
| £475K | 03/21 | 2.43 mi | 28, Clementine Walk, Woodford Green, Greater London IG8 9GT | - | - | 3 | Flat | |
| £390K | 11/22 | 2.43 mi | 29, Clementine Walk, Woodford Green, Greater London IG8 9GT | £4,815 | 81 | 3 | Flat | |
| £388K | 12/20 | 2.43 mi | 49, Rivenhall Gardens, London, Greater London E18 2BU | £4,974 | 78 | 3 | Flat | |
| £253K | 08/23 | 2.45 mi | 53, Reynolds Court, Romford, Greater London RM6 5PJ | £4,081 | 62 | 3 | Flat | |
| £607.5K | 03/21 | 2.47 mi | 49, The Bowls, Chigwell, Essex IG7 6ND | £5,063 | 120 | 3 | Flat | |
| £380.5K | 12/22 | 2.48 mi | 209a, Capel Road, London, Greater London E12 5DB | £6,342 | 60 | 3 | Flat |
Local Rents
51 rents from £1.9K/mo to £3K/mo, average is £2.3K/mo.
| Rent | Date | Distance | Address | Beds | Type | |
| £2,300 | 05/24 | 0.08 mi | Longwood Gardens, Ilford, IG5 | 3 | House | |
| £2,500 | 03/25 | 0.08 mi | - | 3 | Terraced House | |
| £2,100 | 04/24 | 0.1 mi | Longwood Gardens, East London, IG5 | 3 | Flat | |
| £2,100 | 05/24 | 0.1 mi | - | 3 | Flat | |
| £2,250 | 02/25 | 0.1 mi | - | 3 | Terraced House | |
| £2,250 | 02/25 | 0.1 mi | - | 3 | Terraced House | |
| £2,500 | 01/25 | 0.1 mi | - | 3 | Terraced House | |
| £2,200 | 02/25 | 0.11 mi | - | 3 | Terraced House | |
| £1,900 | 04/24 | 0.26 mi | Little Gearies, Barkingside | 3 | Flat | |
| £1,900 | 05/24 | 0.26 mi | Little Gearies, Barkingside | 3 | Flat | |
| £3,000 | 04/24 | 0.33 mi | - | 3 | Terraced House | |
| £2,800 | 12/24 | 0.33 mi | - | 3 | Terraced House | |
| £2,200 | 01/25 | 0.34 mi | - | 3 | Terraced House | |
| £2,200 | 04/24 | 0.36 mi | Dunspring Lane, IG5 | 3 | Terraced House | |
| £2,200 | 04/24 | 0.37 mi | - | 3 | Terraced House | |
| £2,500 | 03/25 | 0.38 mi | - | 3 | Flat | |
| £2,800 | 07/24 | 0.39 mi | - | 3 | Terraced House | |
| £2,800 | 08/24 | 0.39 mi | - | 3 | Semi-Detached House | |
| £2,700 | 06/24 | 0.41 mi | - | 3 | Terraced House | |
| £2,500 | 02/25 | 0.41 mi | - | 3 | Terraced House | |
| £2,550 | 03/25 | 0.41 mi | - | 3 | Terraced House | |
| £2,100 | 11/24 | 0.41 mi | - | 3 | Terraced House | |
| £2,469 | 02/25 | 0.41 mi | - | 3 | Semi-Detached House | |
| £2,000 | 06/24 | 0.42 mi | - | 3 | Semi-Detached House | |
| £2,350 | 08/24 | 0.43 mi | Ilford, IG6 | 3 | Terraced House | |
| £2,150 | 04/24 | 0.47 mi | - | 3 | Bungalow | |
| £2,200 | 04/24 | 0.47 mi | - | 3 | Bungalow | |
| £2,500 | 06/24 | 0.5 mi | - | 3 | Semi-Detached House | |
| £1,975 | 12/24 | 0.52 mi | - | 3 | Semi-Detached House | |
| £1,975 | 12/24 | 0.52 mi | - | 3 | Semi-Detached House | |
| £2,200 | 09/24 | 0.52 mi | Bute Road, Ilford, Essex, IG6 | 3 | Terraced House | |
| £2,000 | 08/24 | 0.52 mi | - | 3 | Terraced House | |
| £2,500 | 04/24 | 0.53 mi | Beechwood Gardens, IG5 0AE | 3 | Terraced House | |
| £2,500 | 04/24 | 0.54 mi | Baron Gardens, Ilford, IG6 | 3 | Terraced House | |
| £2,500 | 05/24 | 0.54 mi | - | 3 | Terraced House | |
| £2,200 | 04/24 | 0.54 mi | - | 3 | Flat | |
| £2,100 | 04/25 | 0.54 mi | - | 3 | Flat | |
| £2,100 | 05/24 | 0.54 mi | - | 3 | Terraced House | |
| £2,250 | 02/25 | 0.54 mi | - | 3 | Terraced House | |
| £2,250 | 03/25 | 0.54 mi | - | 3 | Terraced House | |
| £2,200 | 06/24 | 0.55 mi | - | 3 | Terraced House | |
| £2,400 | 12/24 | 0.55 mi | - | 3 | Terraced House | |
| £2,250 | 04/24 | 0.57 mi | Icknield Drive, Gants Hill | 3 | Terraced House | |
| £2,250 | 05/24 | 0.57 mi | Icknield Drive, Gants Hill | 3 | Terraced House | |
| £2,250 | 05/24 | 0.57 mi | Icknield Drive, Gants Hill | 3 | Terraced House | |
| £2,250 | 05/24 | 0.57 mi | Icknield Drive, Gants Hill | 3 | Terraced House | |
| £2,000 | 07/24 | 0.57 mi | - | 3 | Flat | |
| £2,100 | 07/24 | 0.57 mi | Sandringham Gardens, Barkingside | 3 | Terraced House | |
| £2,000 | 08/24 | 0.57 mi | Sandringham Gardens, Barkingside | 3 | Terraced House | |
| £2,400 | 07/24 | 0.58 mi | Cranbourne Gardens, IG6 1QF | 3 | Terraced House | |
| £2,300 | 08/24 | 0.58 mi | Cranbourne Gardens, IG6 1QF | 3 | Terraced House |
Local Area Statistics
Population in IG5 | 16,82316,823 |
Population in Ilford | 181,468181,468 |
Town centre distance | 0.82 miles away0.82 miles away |
Nearest school | 0.40 miles away0.40 miles away |
Nearest train station | 0.74 miles away0.74 miles away |
| |
Rental growth (12m) | +5%+5% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +19%+19% |
Property History
Listed for £325,000
October 14, 2024
Description
- Three-Bedroom Apartment in Prime Location +
- Kitchen +
- Reception +
- Bathroom +
- Located near reputable local schools +
- With excellent transport links +
Spacious Three-Bedroom Apartment in Prime Location.
This well-presented three-bedroom apartment offers an excellent opportunity for first-time buyers or property investors looking to expand their portfolio. Situated just off Longwood Gardens, the property benefits from a convenient location close to local amenities, including shops along Barking High Street, providing easy access to everyday essentials.
The apartment features a generous reception room, perfect for relaxing or entertaining, and a separate kitchen. The three bedrooms offer flexibility for family living, guests, or even a home office. The apartment is also located near reputable local primary schools, making it a great choice for families.
With excellent transport links and a desirable location, this property has great potential for buyers seeking a comfortable home in a well-connected area. Additionally, for property investors, the layout and location make it an attractive option for the rental market, ensuring a steady rental income.
Don't miss out on this fantastic opportunity! Whether you're a first-time buyer ready to step onto the property ladder or an investor looking for a solid rental investment, this property is well worth viewing.
Nearest railway stations
Seven Kings 1.9 miles
Ilford 1.9 miles
Good maze 2.2 miles
Manor Park 2.6 miles
Chadwell Heath 2.8 miles
Wood Grange Park 2.9 miles.
Wanted to park 3.1 miles
Leytonstone high road 3.1 miles
Wood Street 3.2 miles
Barking three point
Forest Gate 3.3 miles
Highams Park 4 miles
Leyton Midland Road 3.6 miles
Walthamstow Central 3.9 miles
Maryland 4 miles
Walthamstow Queens Road 4.1 miles
Chingford 4.2 miles
Stratford International 4.5 miles
Saint James Street (Walton Stowe) 4.5 miles
Stratford (London) 4.5 miles
Nearest tube/DLR stations
Barkingside tube station 0.7 miles
Against Hill tube station 0.7 miles
Fairlop tube station 1 mile
Newbury Park tube station 1.1 miles
Redbridge tube station 1.3 miles
Hainault tube station 1.5 miles
South Woodford tube station 1.9 miles.
Wanted to tube station 2 miles
Grange Hill tube station 2 miles
Woodford tube station 2.1 miles
Chigwell tube station 2.2 miles
Snaresbrook tube station 2.2 miles
Roding Valley tube station 2.4 miles
Wood Grange Park overground station 2.8 miles
Buckhurst Hill tube station 3 miles
Leytonstone tube station 3 miles.
Wanted to park over overground station 3.1 miles
Leytonstone higher Road overground station 3.1 miles
Leytonstone high Road overground station 3.1 miles
Wood Street overground station 3.2 miles.
Barking overground station 3.3 miles
Nearest primary schools
ParkHill infant school 630 yards
Parkhill junior School 630 yards
FullWood primary School 640 yards
Saint Augustine's Catholic primary School 790 yards
Mossford Green primary School 850 yards.
Gearies Primary School 850 yards
Gilbert Colvin primary School 0.6 miles
Clore Tikva School 0.6 miles
Avanti Court primary School 0.7 miles
Glade primary school 0.8 miles
Nearest secondary schools
Ilford County high school 760 yards
Cutter Ham high school 0.6 miles
King Solomon high school 0.8 miles
Beal High school 0.8 miles
Valentines high school 0.9 miles
Oaks Park high school 1 mile
Seven King school 1.4 miles
The Ursuline Academy Ilford 1.7 miles
Read Academy education 1.7 miles
Wanted high school 1.7 miles
Nearest Doctor surgeries/GP practices
Kenwood medical 660 yards
The healthcote primary care Centre 660 yards
Cranbrook Surgery 720 yards
The eastern Avenue medical Centre 720 yards.
The fullwell Avenue Surgery 0.7 miles
Against Hill medical Centre 0.7 miles
Fullwell Cross medical Centre 0.8 miles
Clayhall clinic 0.9 miles
Newbury group at practice 1 mile
The Redbridge Surgery 1 mile
Nearest dentist
Dental practice Barkingside 810 yards
Barkingside dental care 840 yards
Gas Hill dental 0.6 miles
Dentaliving 0.6 miles
Dental health Centre 0.6 miles
Clay Hall Avenue dental health 0.8 miles
Inglehurst dental practice Ltd 0.8 miles
Clarence house dental practice 0.8 miles
Dr R.Paul's dental practice 0.8 miles
Dental surgery 0.9 miles
Nearest hospitals,
Spire London East hospital 1.2 miles
Goodmayes hospital 1.8 miles
King George Hospital 1.8 miles
Practice plus group hospital, Ilford 1.8 miles.
Wantstead hospital 1.9 miles
Whipps Cross hospital 3 miles
East Ham care Centre 3.4 miles
East Ham memorial Hospital 3.4 miles
Barking community hospital 3.5 miles
Newham hospital 4.7 miles
All location information provided in this document, including distances and mileage, is approximate and intended for general reference only. It is the responsibility of the recipient to verify the accuracy of all location-related details, including but not limited to mileage, routes, and proximity to specific points of interest. The provider of this information does not guarantee its accuracy and assumes no liability for any discrepancies or inaccuracies.
Council Tax Band: C
Agents note: Please note that while Lastra Property Group strive to provide accurate property details, Lastra Property Group takes no responsibility for any incorrect information provided. All details should be verified by your solicitor as part of your purchase process.
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