3 Bed Terraced House, Refurb/BRRR, Chigwell, IG7 4BA, £350,000

15 Yellowpine Way, Chigwell, IG7 4BA - 6 views - 6 months ago

Sold STC
Refurb/BRRR
ROI: 7%
61 m²
+11 photos

ValuationOvervalued

Sold Prices£267K - £651.2K
Sold Prices/m²£3K/m² - £7.2K/m²

 

 

Square Metres

61 m²
Price/m²£5.7K/m²

Value Estimate

£291,444

 

 

End Value (After Refurb)

£317,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£32,280

Bridging Loan Interest

£9,188

Total Cash In

£147,417

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£317,000

Mortgage (After Refinance)

£237,750

Mortgage LTV

75%

Cash Left In

£147,417

Equity

£79,250

Rent Range

£1,900 - £2,750

Rent Estimate

£2,283

Running Costs/mo

£1,467

Cashflow/mo

£816

Cashflow/yr

£9,789

ROI

7%

Gross Yield

8%

Local Sold Prices

51 sold prices from £267K to £651.2K, average is £420K. £3K/m² to £7.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£310K11/200.04 mi25, Yellowpine Way, Chigwell, Greater London IG7 4BA3
£280K06/210.04 mi14, Yellowpine Way, Chigwell, Greater London IG7 4BA3
£267K04/210.04 mi36, Yellowpine Way, Chigwell, Greater London IG7 4BA3
£470K12/200.04 mi670a, New North Road, Ilford, Greater London IG6 3XR3
£335K03/210.09 mi686, New North Road, Ilford, Greater London IG6 3XP3
£386K01/210.1 mi12, Huntsman Road, Ilford, Greater London IG6 3TJ3
£457K03/230.13 mi31, Hannards Way, Ilford, Greater London IG6 3TB3
£422K03/210.13 mi89, Marlyon Road, Ilford, Greater London IG6 3XW3
£400K05/210.14 mi7, Coppice Path, Chigwell, Greater London IG7 4AW3
£432K05/210.14 mi11, Coppice Path, Chigwell, Greater London IG7 4AW3
£400K06/230.17 mi354, Manford Way, Chigwell, Greater London IG7 4AJ3
£380K02/230.17 mi328, Manford Way, Chigwell, Greater London IG7 4AJ3
£400K07/210.17 mi575, New North Road, Ilford, Greater London IG6 3TE3
£450K01/230.18 mi400, Manford Way, Chigwell, Greater London IG7 4AR3
£432K01/210.18 mi40, Huntsman Road, Ilford, Greater London IG6 3SX3
£465K04/230.18 mi46, Huntsman Road, Ilford, Greater London IG6 3SX3
£465K03/210.18 mi5, Newton Road, Chigwell, Greater London IG7 4AH3
£430K03/210.18 mi29, Harbourer Road, Ilford, Greater London IG6 3TN3
£392K02/210.19 mi379, Manford Way, Chigwell, Greater London IG7 4AU3
£350K11/220.2 mi5, Manford Close, Chigwell, Greater London IG7 4AP3
£561K07/230.22 mi22, Sylvester Gardens, Ilford, Greater London IG6 3SU3
£561K07/230.22 mi22, Sylvester Gardens, Ilford, Greater London IG6 3SU3
£435K10/220.22 mi107, Huntsman Road, Ilford, Greater London IG6 3SY3
£405K10/220.22 mi127, Huntsman Road, Ilford, Greater London IG6 3SY3
£365K05/210.26 mi121, Burrow Road, Hainault, Chigwell, Greater London IG7 4NF3
£420K04/230.26 mi121, Burrow Road, Hainault, Chigwell, Greater London IG7 4NF3
£400K05/210.29 mi240, Brocket Way, Chigwell, Greater London IG7 4LT3
£405K01/210.29 mi294, Brocket Way, Chigwell, Greater London IG7 4LU3
£420K08/210.29 mi279, Brocket Way, Chigwell, Greater London IG7 4LU3
£450K09/220.3 mi294, Brocket Way, Chigwell, Greater London IG7 4LU3
£525K09/220.3 mi18, Agister Road, Chigwell, Greater London IG7 4NY3
£404K04/210.33 mi228, Manford Way, Chigwell, Greater London IG7 4AD3
£415K10/220.34 mi106, Brocket Way, Chigwell, Greater London IG7 4EX3
£350K02/210.35 mi26, Verderers Road, Chigwell, Greater London IG7 4NA3
£440K07/220.35 mi36, Verderers Road, Chigwell, Greater London IG7 4NA3
£405K03/210.35 mi166, Arrowsmith Road, Chigwell, Greater London IG7 4NZ3
£430K02/210.37 mi39, Manford Cross, Chigwell, Greater London IG7 4AB3
£435K01/230.39 mi163, Brocket Way, Chigwell, Greater London IG7 4LY3
£415K06/210.4 mi166, Brocket Way, Chigwell, Greater London IG7 4LS3
£540K12/200.4 mi9, Woolhampton Way, Chigwell, Essex IG7 4QE3
£495K01/210.41 mi2, Daylop Drive, Chigwell, Essex IG7 4QF3
£445K03/210.42 mi11, Verderers Road, Chigwell, Greater London IG7 4LZ3
£425K05/210.43 mi20, The Lowe, Chigwell, Greater London IG7 4LJ3
£580K05/210.44 mi10, Glebelands, Chigwell, Essex IG7 4QG3
£651.2K08/220.44 mi8, Glebelands, Chigwell, Essex IG7 4QG3
£398K01/210.46 mi55, The Lowe, Chigwell, Greater London IG7 4LW3
£415K06/210.46 mi78, The Lowe, Chigwell, Greater London IG7 4LW3
£420K09/220.47 mi107, Arrowsmith Road, Chigwell, Greater London IG7 4PD3
£385K09/210.5 mi16, Pollard Close, Chigwell, Greater London IG7 4PE3
£449K01/230.51 mi7, Burrow Green, Chigwell, Greater London IG7 4HA3
£605K11/220.52 mi9, Retreat Way, Chigwell, Essex IG7 6EL3

Local Rents

23 rents from £1.9K/mo to £2.8K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£1,95012/240.11 mi-3
£2,75007/240.19 miManford Way, Chigwell, Essex, IG73
£2,50008/240.19 miManford Way, Chigwell, Essex, IG73
£2,30004/250.19 mi-3
£2,50007/240.22 miManford Way, Chigwell, IG73
£2,10005/240.3 miBearing Way, CHIGWELL3
£2,30004/240.32 mi-3
£2,15008/240.33 miManford Way, Ilford, London, IG73
£2,15009/240.38 mi-3
£2,15009/240.38 mi-3
£2,10006/240.39 miBurrow Road, Chigwell, IG7 4NL3
£2,40006/240.43 miManford Way, Chigwell, IG73
£2,30007/240.43 miManford Way, Chigwell, IG73
£2,30007/240.43 mi-3
£1,90012/240.49 mi-3
£2,30002/240.56 mi-3
£2,30001/250.56 mi-3
£2,30011/240.56 mi-3
£2,30011/240.56 mi-3
£2,40007/240.56 miFletcher Road, Chigwell, IG73
£2,10007/240.59 miBrocket Way, Chigwell, IG73
£2,00007/240.6 miArrowsmith Road, Chigwell3
£2,40001/250.61 mi-3

Local Area Statistics

Population in IG7

19,991

Population in Chigwell

19,996

Town centre distance

1.08 miles away

Nearest school

0.20 miles away

Nearest train station

1.14 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+8%

Sales demand

Buyer's market

Capital growth (5yrs)

+6%

Property History

Listed for £350,000

October 25, 2024

Floor Plans

Description

  • 3 bedroom Mid Terrace House +
  • No Onward Chain +
  • GUIDE PRICE: £350,000 - £375,000 +
  • Large Attractive Rear Garden +
  • Close to Hainault Forrest +
  • Excellent Transport Links +
  • Ample Storage +
  • Spacious Rooms +
  • Ground Floor W/C +
  • Shops Nearby +

GUIDE PRICE: £350,000 - £375,000. Welcome to Yellowpine Way, Chigwell - a great location that could be the perfect setting for your new home! This 3-bedroom mid-terrace house offers great potential for those looking to create their dream living space.

Although in need of modernisation, this property boasts spacious rooms that provide a fantastic opportunity to design and renovate to your taste. The well proportioned attractive rear garden is a wonderful feature, perfect for relaxing outdoors or entertaining guests on sunny days.

Situated close to the picturesque Hainault Forest, nature lovers will appreciate the proximity to this beautiful green space. Additionally, with excellent transport links nearby, commuting and exploring the surrounding areas will be convenient and hassle-free.

Don't miss out on the chance to transform this property into a cosy and stylish home in a sought-after location. Book a viewing today and let your imagination run wild with the possibilities this house has to offer!

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.

Hallway -

Ground Floor W/C -

Living Room - 5.49m x 3.18m (18'0 x 10'5 ) -

Kitchen - 3.48m x 2.01m (11'5 x 6'7 ) -

Landing -

Bedroom - 3.71m x 3.12m (12'2 x 10'3 ) -

Bedroom - 3.68m x 2.79m (12'1 x 9'2 ) -

Bedroom - 3.10m x 1.83m (10'2 x 6'0 ) -

Bathroom -

Separte W/C -

Rear Garden -

Outbuilding -

Agent Details

Bowden Bradley, Hainault

020 3907 7766

Next Steps?

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