2 Bed Flat, Single Let, Waltham Cross, EN8 0JZ, £249,995

66 Wavell Close, Cheshunt - 1 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~125 m²
+2 photos

ValuationUndervalued

Sold Prices£86K - £315K
Sold Prices/m²£1.5K/m² - £7.5K/m²

 

 

Square Metres

~124.51 m²
Price/m²£2K/m²

Value Estimate

£307,494
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,499

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,199

 

 

Cash Out

 

Rent Range

£1,200 - £2,000

Rent Estimate

£1,248

Running Costs/mo

£1,051

Cashflow/mo

£197

Cashflow/yr

£2,366

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £86K to £315K, average is £255K. £1.5K/m² to £7.5K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£277K01/210.07 mi34, Wavell Close, Cheshunt, Waltham Cross, Hertfordshire EN8 0LA2
£240K04/210.11 mi63, Cunningham Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0LD2
£282K06/210.11 mi31, Cunningham Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0LD2
£223.5K07/210.11 mi14, Cunningham Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0LG2
£255K12/200.24 mi241, Perrysfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0TP2
£313K03/230.25 mi17, Carleton Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0BD2
£260K09/210.32 mi137, Perrysfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0TJ2
£245K12/200.32 mi135, Perrysfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0TJ2
£266.5K04/230.33 mi209, Perrysfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0TL2
£110.1K05/210.33 mi2, Beltona Gardens, Cheshunt, Waltham Cross, Hertfordshire EN8 0PA2
£295K06/210.33 mi84, Davison Drive, Cheshunt, Waltham Cross, Hertfordshire EN8 0SX2
£240K03/210.34 mi7, Beecholm Mews, Cheshunt, Waltham Cross, Hertfordshire EN8 0DH2
£297.5K02/210.36 mi63, Stains Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9JJ2
£195K06/230.37 miFlat 41, Cliff Richard Court, High Street, Cheshunt, Waltham Cross, Hertfordshire EN8 0BE2
£190K06/210.37 miFlat 32, Cliff Richard Court, High Street, Cheshunt, Waltham Cross, Hertfordshire EN8 0BE2
£295K06/210.37 mi84, Davison Drive, Cheshunt, Waltham Cross, Hertfordshire EN8 0SX2
£315K11/220.37 mi42, Stains Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9JL2
£247.5K10/210.47 mi6, Hamburgh Court, Cheshunt, Waltham Cross, Hertfordshire EN8 0UL2
£250K05/210.48 mi69, Bellamy Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9JU2
£232.5K01/210.48 mi40, Hamburgh Court, Cheshunt, Waltham Cross, Hertfordshire EN8 0UL2
£197K02/210.51 mi8, Groom Road, Broxbourne, Hertfordshire EN10 6BW2
£240K11/220.51 mi6, Groom Road, Broxbourne, Hertfordshire EN10 6BW2
£102K06/210.52 mi52, Michigan Close, Broxbourne, Hertfordshire EN10 6FZ2
£261K12/220.52 mi54, Hamburgh Court, Cheshunt, Waltham Cross, Hertfordshire EN8 0UL2
£246.5K06/210.52 mi25, Welsummer Way, Cheshunt, Waltham Cross, Hertfordshire EN8 0UG2
£255K03/210.52 mi39, Welsummer Way, Cheshunt, Waltham Cross, Hertfordshire EN8 0UG2
£267.5K10/210.54 mi23, Columbia Road, Turnford, Broxbourne, Hertfordshire EN10 6FR2
£215K03/210.55 mi46a, High Street, Cheshunt, Waltham Cross, Hertfordshire EN8 0AQ2
£266.3K09/220.59 mi26, Vancouver Road, Broxbourne, Hertfordshire EN10 6FB2
£245K06/210.59 mi6, Vancouver Road, Broxbourne, Hertfordshire EN10 6FB2
£245K11/200.59 mi20, Vancouver Road, Broxbourne, Hertfordshire EN10 6FB2
£257K05/210.6 mi95, Huron Road, Turnford, Broxbourne, Hertfordshire EN10 6FT2
£305K01/210.63 mi9, Aldermere Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 0FE2
£265K11/220.63 mi59, Watery Lane, Turnford, Broxbourne, Hertfordshire EN10 6GF2
£255K03/210.63 mi49, Watery Lane, Turnford, Broxbourne, Hertfordshire EN10 6GF2
£270K04/210.63 mi53, Watery Lane, Turnford, Broxbourne, Hertfordshire EN10 6GF2
£240K12/200.63 mi57, Watery Lane, Turnford, Broxbourne, Hertfordshire EN10 6GF2
£280K12/210.63 mi33, Watery Lane, Turnford, Broxbourne, Hertfordshire EN10 6GF2
£250K03/230.63 mi113, Vancouver Road, Broxbourne, Hertfordshire EN10 6FF2
£86K01/210.63 mi111, Vancouver Road, Broxbourne, Hertfordshire EN10 6FF2
£96K03/210.63 mi110, Vancouver Road, Broxbourne, Hertfordshire EN10 6FF2
£245K07/210.64 mi70, Yukon Road, Turnford, Broxbourne, Hertfordshire EN10 6FN2
£220K11/200.66 mi12, Yukon Road, Turnford, Broxbourne, Hertfordshire EN10 6FN2
£285K03/230.66 mi23, Yukon Road, Turnford, Broxbourne, Hertfordshire EN10 6FN2
£235K04/230.66 mi58, Yukon Road, Turnford, Broxbourne, Hertfordshire EN10 6FN2
£282K06/230.66 mi33, Yukon Road, Turnford, Broxbourne, Hertfordshire EN10 6FN2
£257.5K08/220.67 mi37, Yukon Road, Turnford, Broxbourne, Hertfordshire EN10 6FN2
£265K01/230.67 mi38, Forest Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9DB2
£273K01/230.68 mi46, Watery Lane, Turnford, Broxbourne, Hertfordshire EN10 6GF2
£267K08/210.68 mi21, Winnipeg Way, Turnford, Broxbourne, Hertfordshire EN10 6FG2

Local Rents

24 rents from £1.2K/mo to £2K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,70004/240.2 miPrescott Road, Cheshunt, Waltham Cross, Hertfordshire, EN8 0PQ2
£1,29503/240.22 miHigh Street, Cheshunt, EN82
£1,30003/240.27 miBrookfield House, Carlton Road, Cheshunt2
£1,55010/230.28 mi-2
£1,49504/240.32 miCanons Gate, Cheshunt2
£1,65004/250.32 mi-2
£1,20012/240.33 miBeecholm Mews, Cheshunt2
£2,00002/250.43 mi-2
£1,40004/240.43 miCoopers Walk, Cheshunt, WALTHAM CROSS2
£2,00012/240.44 mi-2
£1,70004/240.45 mi-2
£1,30004/240.46 miDouglas House, Davison Drive, Cheshunt, Waltham Cross, Hertfordshire, EN8 0SZ2
£1,70012/240.47 mi-2
£1,80007/240.47 mi-2
£1,40010/230.52 mi-2
£1,50004/240.55 miKingsmead, Cheshunt2
£1,80003/250.55 mi-2
£1,65004/240.55 miKingsmead, EN82
£1,45005/240.58 miHigh Street, Cheshunt2
£1,49511/230.59 mi-2
£1,60004/250.59 mi-2
£1,50005/240.59 miHeaton Court, High Street, Cheshunt, Waltham Cross, Hertfordshire2
£1,65003/240.6 miPettys Close, Cheshunt2
£1,30004/240.62 miVancouver Road, Broxbourne2

Local Area Statistics

Population in EN8

35,758

Population in Waltham Cross

57,688

Town centre distance

1.52 miles away

Nearest school

0.10 miles away

Nearest train station

0.82 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £249,995

October 16, 2024

Floor Plans

Description

  • TWO BEDROOM GROUND FLOOR APARTMENT +
  • LEASEHOLD +
  • 102 YEAR LEASE +
  • INTERNALLY SPACIOUS +
  • SPACE TO ADD AN ADDITIONAL THIRD BEDROOM +
  • CHAIN FREE +
  • IDEAL FOR FIRST TIME BUYERS +
  • CLOSE TO SOUGHT AFTER SCHOOLS +
  • WALKING DISTANCE TO CHESHUNT STATION +
  • CLSOE TO LOCAL SHOPS AND AMENITIES +

Kings Group - Cheshunt are proud to offer this SPACIOUS CHAIN FREE, TWO BEDROOM GROUND FLOOR APARTMENT.

This well maintained property is the ideal purchase for any first time buyer looking get onto the property ladder with a straight forward and easy purchase of a beautiful home. This property has all the local amenities and transport links that a home needs to offer such as having Cheshunt Station just 1 mile away and local bus stops just a 5 minute walk from the property meaning there are great public transport links very close by and with access to the A10 and M25 being under 10 minutes a new owner will have a wide choice for links to use for commuting into London and the surrounding areas. The property also offers amazing proximity to some of the areas most popular schools such as Haileybury Turnford (400ft), Churchfield Primary School (0.4 miles), Millbrook School (1 mile), Hertford Regional College (1 mile) and many more just walking distance away. Wavell Close also has local shops near by with Brookfield Shopping Center being under a 5 minute drive away there is a wide choice of retail shops and supermarkets on offer. With the property being located in a very residential area there is also local parks very close by with Nightleys Playing Filed and Lea Valley Park both being just a stones throw away.

The accommodation comprises of welcoming entrance hall, spacious lounge, kitchen, two large bedrooms, family bathroom, an additional room that can be used as a third bedroom/office or can be converted and added into the lounge area. The property also has communal gardens and outside storage cupboard.

Agent Details

Kings Group, Cheshunt

01992 662238

Next Steps?

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