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2 Bed Flat, Single Let, London, E18 2QZ, £350,000

Churchfields, London, E18 2QZ - 6 months ago

Leasehold
BTL
ROI: 2%
~53 m²
+17 photos

ValuationOvervalued

Sold Prices£200K - £760K
Sold Prices/m²£4.3K/m² - £8.6K/m²

 

 

Square Metres

~53.30 m²
Price/m²£6.6K/m²

Value Estimate

£333,125

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Total Cash In

£111,200

 

 

Cash Out

 

Rent Range

£1,500 - £2,750

Rent Estimate

£1,650

Running Costs/mo

£1,444

Cashflow/mo

£206

Cashflow/yr

£2,475

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £200K to £760K, average is £367.5K. £4.3K/m² to £8.6K/m², average is £6.1K/m².

PriceDateDistanceAddressBeds 
£325K05/210.04 mi39, Avondale Court, London, Greater London E18 2RD2
£352K09/210.04 mi33, Avondale Court, London, Greater London E18 2RD2
£352.5K11/200.04 mi2, Avondale Court, London, Greater London E18 2RD2
£305K03/210.04 mi26, Avondale Court, London, Greater London E18 2RD2
£327.4K05/210.04 mi15, Avondale Court, London, Greater London E18 2RD2
£380K04/210.07 miFlat 1, Mitre Court, Churchfields, London, Greater London E18 2TJ2
£289K06/210.17 mi9, Roycroft Close, London, Greater London E18 1DZ2
£410K02/210.2 miGround Floor Flat, 57, Gordon Road, South Woodford, London, Greater London E18 1DT2
£420K06/210.26 miFlat 5, Hanover House, Eastwood Road, London, Greater London E18 1BN2
£450K08/210.35 mi60a, Mulberry Way, London, Greater London E18 1ED2
£430K11/220.37 mi37, Crescent Road, London, Greater London E18 1JA2
£285.1K11/200.38 mi12, Lynwood Close, London, Greater London E18 1DP2
£495K01/210.4 miGround Floor Flat, 28, Chelmsford Road, South Woodford, London, Greater London E18 2PL2
£495K01/210.43 miGround Floor Flat, 28, Chelmsford Road, South Woodford, London, Greater London E18 2PL2
£450K01/210.45 mi59a, Cowslip Road, London, Greater London E18 1JN2
£415K06/210.45 mi24, Alveston Square, London, Greater London E18 1AQ2
£422.5K11/200.46 mi42b, Malmesbury Road, London, Greater London E18 2NN2
£469K06/210.46 mi20a, Malmesbury Road, London, Greater London E18 2NN2
£330K12/210.46 mi98, St Barnabas Road, Woodford Green, Greater London IG8 7DE2
£375K11/200.46 mi108, St Barnabas Road, Woodford Green, Greater London IG8 7DE2
£395K03/210.47 mi7a, Daisy Road, London, Greater London E18 1EA2
£215K02/230.48 miFlat 90, Blenheim Court, Navestock Crescent, Woodford Green, Greater London IG8 7BB2
£200K12/220.5 miFlat 182, Lambourne Court, Navestock Crescent, Woodford Green, Greater London IG8 7BD2
£365K10/220.52 miFlat 39, Malford Court, The Drive, London, Greater London E18 2HS2
£410K01/230.52 miFlat 84, Malford Court, The Drive, London, Greater London E18 2HT2
£210K03/230.53 miFlat 266, Sunset Court, Navestock Crescent, Woodford Green, Greater London IG8 7BE2
£415K02/230.54 miFlat 3, Millbrook, Woodford Road, London, Greater London E18 2EB2
£390K12/220.54 mi30, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£341K11/210.54 mi32, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£370K11/210.54 mi64, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£354K06/210.54 miFlat 79, Malford Court, The Drive, London, Greater London E18 2HT2
£400K12/210.54 miFlat 78, Malford Court, The Drive, London, Greater London E18 2HT2
£410K11/220.55 mi78a, Marlborough Road, London, Greater London E18 1AP2
£455K03/210.55 mi20a, Victoria Road, London, Greater London E18 1LG2
£345K10/220.55 mi38, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£340K11/220.55 mi241, Chigwell Road, Woodford Green, Greater London IG8 8PP2
£437.5K09/210.56 mi50, George Lane, London, Greater London E18 1LW2
£350K03/210.56 mi25, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP2
£305K06/210.56 mi53, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP2
£325K05/210.57 mi30, Tamar Square, Woodford Green, Greater London IG8 0EA2
£330K12/200.57 mi27, Tamar Square, Woodford Green, Greater London IG8 0EA2
£340K01/210.57 mi9a, Walpole Road, London, Greater London E18 2LN2
£760K05/210.57 mi27, Higham Road, Woodford Green, Greater London IG8 9JN2
£405K11/220.57 mi31, Fyfield Road, Woodford Green, Greater London IG8 7JU2
£358K11/200.6 mi55, Glengall Road, Woodford Green, Greater London IG8 0DN2
£335.5K07/230.6 miFlat 3, Deborah Court, Victoria Road, London, Greater London E18 1LF2
£535K03/210.6 mi20, Ashdon Close, Woodford Green, Greater London IG8 0EF2
£300K03/230.61 miFlat 8, Swift House, Chigwell Road, London, Greater London E18 1TP2
£520K03/210.64 mi12a, Clarendon Road, London, Greater London E18 2AW2
£300K05/210.65 mi333, Chigwell Road, Woodford Green, Greater London IG8 8PL2

Local Rents

50 rents from £1.5K/mo to £2.8K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,60003/240.04 miChurchfields, London, E182
£1,70004/240.04 miAvondale Court, South Woodford, E182
£1,50005/240.04 miFirst Floor Flat, Avondale Court2
£1,99503/240.11 miQueen Mary Avenue, London, E182
£1,99503/240.11 miQueen Mary Avenue, London2
£1,75004/240.12 miGordon Road, South Woodford, E182
£2,00012/240.13 mi-2
£1,85003/240.13 miKingswood Heights, Queen Marys Gate, South Woodford, E182
£1,85005/240.14 miQueen Mary Avenue, London, E182
£1,85004/240.14 mi-2
£1,85003/240.14 miQueen Mary Avenue, London, E182
£1,85002/250.15 mi-2
£1,95003/250.15 mi-2
£1,80005/240.15 miQueen Mary Avenue, E182
£2,20003/240.16 miQueen Mary Avenue, London, E182
£2,15004/240.16 miQueen Mary Avenue, London, E182
£2,15005/240.16 miQueen Mary Avenue, London, E182
£2,75003/240.16 mi-2
£2,15005/240.16 mi-2
£1,90004/240.16 miQueen Mary Gate, South Woodford E182
£1,90005/240.17 mi-2
£1,90004/240.17 miQueen Mary Avenue, London, E182
£2,00003/240.17 miQueen Mary Avenue, E182
£1,75005/240.18 miQueen Mary Avenue, London, E182
£1,80003/240.19 miGlebe House, South Woodford, E182
£1,90004/240.19 mi-2
£1,80002/250.22 mi-2
£1,80004/240.23 mi-2
£2,25003/240.24 miHigh Road, London, E182
£1,75004/240.24 miEastwood Road, London, E182
£1,95003/250.26 mi-2
£1,80004/240.26 miSt Albans Crescent, Woodford Green, IG82
£1,75003/240.27 miDiana Close, South Woodford2
£1,75003/240.28 miDiana Close, South Woodford2
£1,75004/240.28 miDiana Close, South Woodford, E182
£1,55004/240.28 miDiana Close, South Woodford2
£1,95002/250.29 mi-2
£1,85003/250.31 mi-2
£1,75003/240.31 miHigh Road, London E182
£1,85002/250.31 mi-2
£2,00002/250.31 mi-2
£1,85003/240.31 miGrove Road, South Woodford, E182
£1,85005/240.32 miPemberton Court, South Woodford, E182
£1,80005/240.32 mi-2
£1,75001/250.32 mi-2
£1,80005/240.32 miGordon Road, London, E182
£1,70005/240.34 miThe Firs, St. Barnabas Road, Woodford Green, Essex, IG82
£1,75004/240.34 miHigh Road, Woodford Green2
£1,90003/240.34 miRectory Court, London, E182
£1,90004/240.34 mi-2

Links

Local Area Statistics

Population in E18

19,022

Population in London

4,771,921

Town centre distance

7.52 miles away

Nearest school

0.10 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £350,000

March 12, 2025

Price changed to £365,000

November 13, 2024

Listed for £375,000

October 14, 2024

Floor Plans

Description

  • Guide Price - £365,000 +
  • Located in Sought After Churchfields +
  • Spacious Re Fitted Kitchen WIth Adjoining Bright and Spacious Reception +
  • Two Bedrooms +
  • Double Glazing +
  • GAs Central Heating +
  • Allocated Off-street Parking with Guest Spaces +
  • Ideal First Time Purchase or Buy To Let Investment +
  • Council Tax Band C +

Churchill estates present this Two Bedroom first floor apartment offered Chain free and set in the popular Churchfields location.

Accommodation - Located on the first floor and commencing an entrance hall with doors to the Two bedrooms, shower room and a particularly bright and spacious Lounge which boasts lots of natural light, adjoining Modern refitted Kitchen with contemporary units and stainless steel oven and hob which is also a generous size.

Exterior - Communal Grounds and car park with allocated parking space.

Location - Extremely handy for the High Road amenities as well as the cafes and restaurants of George Lane, South Woodford Central line Station is also within easy reach. This location is also perfect for Green space with both Churchfields Park and Elmhurst Gardensas well as Epping Forest.

Schooling - Parents will be pleased to know there are four Ofsted rated 'Outstanding' schools within a mile.The nearest being Churchfields Infants and Juniors School which is just a mere three minute walk away.

Leasehold
999 Years From 03/09/1996
970 Years Remaining
Nil Ground Rent
£2,284.68 Service Charge Per Anum

Agent Details

Churchill Estates, South Woodford

020 3870 2096

Next Steps?

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

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