2 Bed Flat, Single Let, Buckhurst Hill, IG9 6LA, £250,000

Hornbeam Road, Buckhurst Hill, IG9 6LA - 4 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 7%
~68 m²
+19 photos

ValuationUndervalued

Sold Prices£265K - £495K
Sold Prices/m²£4K/m² - £8.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£305,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,400 - £2,700

Rent Estimate

£1,498

Running Costs/mo

£1,101

Cashflow/mo

£397

Cashflow/yr

£4,766

ROI

7%

Gross Yield

7%

Local Sold Prices

41 sold prices from £265K to £495K, average is £325K. £4K/m² to £8.5K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£285K10/200.14 mi40a, Station Way, Buckhurst Hill, Essex IG9 6LN2
£320K01/210.14 mi32, Station Way, Buckhurst Hill, Essex IG9 6LN2
£325K06/210.15 miFlat 6, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2
£325K01/210.15 miFlat 4, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2
£336K04/210.16 mi5, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£310K06/210.16 mi31, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£385K10/220.16 mi1, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£295K07/230.19 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£290K11/200.19 mi29a, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£265K02/210.19 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£400K05/210.22 mi4, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6EX2
£310K12/200.36 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£305K11/200.36 mi30, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£310K12/200.36 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£320K08/220.36 mi32, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£315K03/230.36 mi66, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£337.5K01/230.38 mi22, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£465K06/210.52 miFlat 6, George Court, Kings Place, Buckhurst Hill, Essex IG9 5HR2
£495K11/220.67 mi1, Wimborne Close, Buckhurst Hill, Essex IG9 5DN2
£395K07/210.68 mi73, Westbury Lane, Buckhurst Hill, Essex IG9 5PH2
£455K02/230.8 mi690, High Road, Buckhurst Hill, Greater London IG9 5HN2
£265K10/220.8 miFlat 29, St James Gate, Palmerston Road, Buckhurst Hill, Essex IG9 5NJ2
£380K03/210.82 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£380K03/210.82 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£300K12/220.83 mi92a, Snakes Lane East, Woodford Green, Greater London IG8 7HX2
£411K06/210.87 mi12, Russell Road, Buckhurst Hill, Essex IG9 5QJ2
£295K03/230.87 mi1, Love Lane, Woodford Green, Essex IG8 8BH2
£305K11/220.91 mi17, Wallers Close, Woodford Green, Greater London IG8 8BL2
£285K10/210.94 mi6, Copford Close, Woodford Green, Greater London IG8 8EH2
£350K11/220.96 mi11, Oakwood Close, Woodford Green, Greater London IG8 8EQ2
£415K12/200.96 miFlat 22, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£320K06/210.97 miFlat 21, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£325K12/210.97 mi9, Westfield Park Drive, Woodford Green, Greater London IG8 8FD2
£375K06/210.97 mi62, Chapelmount Road, Woodford Green, Greater London IG8 8HW2
£375K06/210.97 mi62, Chapelmount Road, Woodford Green, Greater London IG8 8HW2
£355K12/200.98 miFlat 70, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SQ2
£340K05/210.98 miApartment 6, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£350K03/210.98 miApartment 15, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£355K10/220.98 mi22, Chapelmount Road, Woodford Green, Greater London IG8 8HW2
£320K02/210.99 miFlat 42, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2
£408K09/220.99 miFlat 43, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2

Local Rents

33 rents from £1.4K/mo to £2.7K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,50007/240.04 miHornbeam Road, Buckhurst Hill2
£1,50008/240.04 miHornbeam Road, Buckhurst Hill2
£2,20008/240.09 miStation Way, Buckhurst Hill2
£1,55008/240.1 miBuckhurst Hill, IG92
£1,55006/240.11 miBuckhurst Way, Buckhurst Hill2
£1,40008/240.11 miBuckhurst Way, Buckhurst Hill, IG9 6HD2
£1,75004/240.15 mi-2
£2,20005/240.33 mi-2
£1,69504/240.34 mi-2
£1,65007/240.36 miCedar Close, Buckhurst Hill2
£1,80004/240.36 mi-2
£1,80004/250.36 mi-2
£1,62508/240.37 miCedar Close, Buckhurst Hill, IG92
£1,57508/240.37 miCedar Close, Buckhurst Hill2
£1,49507/240.38 miCascade Road, Buckhurst Hill, IG92
£1,95004/240.44 miMountbatten Court, Buckhurst Hill2
£2,00001/240.44 miLower Queens Road, Buckhurst Hill, Essex, IG92
£2,00007/240.44 miThe Atrium, Lower Queens Road, IG92
£2,00008/240.44 miThe Atrium. Buckhurst Hill, IG92
£1,85008/240.44 miLower Queens Road, Buckhurst Hill, IG92
£2,00008/240.44 miLower Queens Road, Buckhurst Hill, IG92
£2,60004/240.45 mi-2
£1,60006/240.51 mi-2
£2,20007/240.52 miBeatrice Court, Buckhurst Hill, Essex, IG92
£1,80004/240.53 miAlfred Road, Buckhurst Hill, IG92
£2,30012/230.54 mi-2
£2,30003/250.54 mi-2
£2,20001/240.54 miVictoria Road, Buckhurst Hill, Essex, IG92
£1,70004/240.55 mi-2
£2,70003/250.55 mi-2
£1,60007/240.55 miQueens Road, Buckhurst Hill2
£1,85008/240.57 mi83 Queens Road, Buckhurst Hill, IG92
£1,99508/240.61 miPrinces Road, Buckhurst Hill2

Local Area Statistics

Population in IG9

12,744

Population in Buckhurst Hill

12,817

Town centre distance

0.54 miles away

Nearest school

0.40 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £250,000

October 17, 2024

Sold for £181,000

2013

Sold for £194,995

2007

Sold for £130,000

2003

Floor Plans

Description

  • Two Double Bedrooms +
  • Top Floor Apartment +
  • Long Lease +
  • Chain Free +
  • Short Walk to Both Roding Valley & Buckhurst Hill Central Line Station +
  • Spacious Lounge/Dining Room +
  • Garage-En-Bloc +
  • Residents Parking +
  • Roding Valley Nature Reserve Close by +
  • Sizeable Kitchen +

Two Double Bedroom Apartment | Short Walk to Roding Valley & Buckhurst Hill Central Line Station | Leasehold - 957 Years | Residents Parking | Garage En Bloc | CHAIN FREE

This delightful apartment offers a wonderful opportunity for those seeking a comfortable and convenient living space.

Situated on the second floor, this spacious apartment boasts two generous double bedrooms, perfect for creating a cosy retreat or a versatile home office. The lounge dining room provides a welcoming space for relaxation and entertainment, while the sizeable kitchen offers ample worktop and storage space.

Convenience is key with this property, as it is just a short stroll away from both Roding Valley and Buckhurst Hill Central Line stations, making commuting a breeze. Additionally, local amenities are within easy reach, ensuring that daily necessities are always close at hand. Nature enthusiasts will appreciate the proximity to Roding Valley Nature Reserve, offering a tranquil escape from the hustle and bustle of city life.

Further adding to the appeal of this property is the garage en bloc and residents parking, providing hassle-free parking solutions. With the added benefit of being chain free and boasting a long lease, this apartment presents a fantastic opportunity to create a comfortable and convenient home in a sought-after location.

Agent Details

Churchill Estates, Buckhurst Hill

020 3879 5370

Next Steps?

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