2 Bed Flat, Single Let, Woodford Green, IG8 7BB, £350,000

2 Bed Flat FOR SALE Blenheim Court, Woodford Green, IG8 7BB - 4 views - 6 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£200K - £760K
Sold Prices/m²£3.7K/m² - £8.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£385,534
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,450 - £2,750

Rent Estimate

£1,606

Running Costs/mo

£1,435

Cashflow/mo

£171

Cashflow/yr

£2,053

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £200K to £760K, average is £355.3K. £3.7K/m² to £8.6K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£325K05/210.25 mi30, Tamar Square, Woodford Green, Greater London IG8 0EA2
£330K12/200.25 mi27, Tamar Square, Woodford Green, Greater London IG8 0EA2
£535K03/210.27 mi20, Ashdon Close, Woodford Green, Greater London IG8 0EF2
£330K12/210.28 mi98, St Barnabas Road, Woodford Green, Greater London IG8 7DE2
£375K11/200.28 mi108, St Barnabas Road, Woodford Green, Greater London IG8 7DE2
£358K11/200.29 mi55, Glengall Road, Woodford Green, Greater London IG8 0DN2
£325K05/210.31 mi39, Avondale Court, London, Greater London E18 2RD2
£760K05/210.32 mi27, Higham Road, Woodford Green, Greater London IG8 9JN2
£352K09/210.32 mi33, Avondale Court, London, Greater London E18 2RD2
£352.5K11/200.32 mi2, Avondale Court, London, Greater London E18 2RD2
£305K03/210.32 mi26, Avondale Court, London, Greater London E18 2RD2
£327.4K05/210.32 mi15, Avondale Court, London, Greater London E18 2RD2
£390K12/220.34 mi30, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£341K11/210.34 mi32, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£370K11/210.34 mi64, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£345K10/220.35 mi38, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£350K03/210.35 mi25, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP2
£305K06/210.35 mi53, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP2
£370K02/230.36 mi43, Snakes Lane West, Woodford Green, Greater London IG8 0DE2
£380K04/210.36 miFlat 1, Mitre Court, Churchfields, London, Greater London E18 2TJ2
£410K02/210.4 miGround Floor Flat, 57, Gordon Road, South Woodford, London, Greater London E18 1DT2
£289K06/210.43 mi9, Roycroft Close, London, Greater London E18 1DZ2
£405K11/220.45 mi31, Fyfield Road, Woodford Green, Greater London IG8 7JU2
£215K02/230.49 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
£375K08/210.5 mi5, Roxwell Way, Woodford Green, Greater London IG8 7JY2
£210K03/230.51 miFlat 266, Sunset Court, Navestock Crescent, Woodford Green, Greater London IG8 7BE2
£300K12/220.51 mi92a, Snakes Lane East, Woodford Green, Greater London IG8 7HX2
£285.1K11/200.51 mi12, Lynwood Close, London, Greater London E18 1DP2
£408K12/220.53 mi35, Finchingfield Avenue, Woodford Green, Greater London IG8 7JZ2
£377.5K06/210.53 mi33, Finchingfield Avenue, Woodford Green, Greater London IG8 7JZ2
£370K10/200.53 mi90, Finchingfield Avenue, Woodford Green, Greater London IG8 7JR2
£347K10/210.54 mi7, Savill Row, Woodford Green, Greater London IG8 0UH2
£495K01/210.55 miGround Floor Flat, 28, Chelmsford Road, South Woodford, London, Greater London E18 2PL2
£495K01/210.57 miGround Floor Flat, 28, Chelmsford Road, South Woodford, London, Greater London E18 2PL2
£400K10/220.57 mi33, Chingford Lane, Woodford Green, Greater London IG8 9QT2
£245K09/210.57 mi67, Chingford Lane, Woodford Green, Greater London IG8 9QT2
£420K06/210.59 miFlat 5, Hanover House, Eastwood Road, London, Greater London E18 1BN2
£430K11/220.6 mi37, Crescent Road, London, Greater London E18 1JA2
£340K11/220.63 mi241, Chigwell Road, Woodford Green, Greater London IG8 8PP2
£300K05/210.64 mi333, Chigwell Road, Woodford Green, Greater London IG8 8PL2
£422.5K11/200.65 mi42b, Malmesbury Road, London, Greater London E18 2NN2
£469K06/210.65 mi20a, Malmesbury Road, London, Greater London E18 2NN2
£450K08/210.66 mi60a, Mulberry Way, London, Greater London E18 1ED2
£280K11/210.67 mi42, Chalford Walk, Woodford Green, Greater London IG8 8PH2
£340K01/210.75 mi9a, Walpole Road, London, Greater London E18 2LN2
£450K01/210.76 mi59a, Cowslip Road, London, Greater London E18 1JN2
£320K04/230.76 mi19, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£370K02/210.76 mi22, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£430K12/220.76 mi23, Parkmore Close, Woodford Green, Greater London IG8 0SJ2

Local Rents

50 rents from £1.4K/mo to £2.8K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,67512/240.24 mi-2
£1,60004/240.25 miGlengall Road, Woodford Green2
£1,50005/240.25 miGlengall Road, Woodford Green2
£1,85006/240.25 miGlengall Road, Woodford Green, IG82
£1,45004/240.29 miGlengall Road, Woodford Green2
£1,55012/240.31 mi-2
£1,80012/240.31 mi-2
£1,60003/240.32 miChurchfields, London, E182
£1,70004/240.32 miAvondale Court, South Woodford, E182
£1,50005/240.32 miFirst Floor Flat, Avondale Court2
£1,70005/240.33 miThe Firs, St. Barnabas Road, Woodford Green, Essex, IG82
£1,59505/240.34 miWoodford Green, IG82
£1,70005/240.34 miGlengall Road, Woodford Green2
£1,80004/240.37 miSt Albans Crescent, Woodford Green, IG82
£1,90005/240.38 miThe Broadway, Woodford Green, IG82
£1,85001/240.38 mi-2
£1,90007/240.38 mi-2
£1,75012/240.38 mi-2
£1,90012/240.38 mi-2
£1,65012/240.38 mi-2
£1,75004/240.39 miGordon Road, South Woodford, E182
£1,75004/240.43 miHigh Road, Woodford Green2
£1,80004/240.43 mi-2
£1,90011/240.43 mi-2
£1,99503/240.43 miQueen Mary Avenue, London, E182
£1,99503/240.43 miQueen Mary Avenue, London2
£1,72505/240.44 miEvergreen Apartment, Woodford Green2
£2,00012/240.46 mi-2
£1,85003/240.46 miKingswood Heights, Queen Marys Gate, South Woodford, E182
£1,75003/240.46 miHigh Road, London E182
£1,85003/250.46 mi-2
£2,00003/240.46 miQueen Mary Avenue, E182
£1,90004/240.46 miQueen Mary Gate, South Woodford E182
£1,85005/240.47 miQueen Mary Avenue, London, E182
£1,85004/240.47 mi-2
£1,85003/240.47 miQueen Mary Avenue, London, E182
£1,80005/240.47 miQueen Mary Avenue, E182
£1,85002/250.47 mi-2
£1,95003/250.47 mi-2
£1,80005/240.48 mi-2
£1,75001/250.48 mi-2
£1,80005/240.48 miGordon Road, London, E182
£1,95012/240.48 mi-2
£2,25003/240.48 miHigh Road, London, E182
£2,20003/240.48 miQueen Mary Avenue, London, E182
£2,15004/240.48 miQueen Mary Avenue, London, E182
£2,15005/240.48 miQueen Mary Avenue, London, E182
£2,75003/240.48 mi-2
£2,15005/240.48 mi-2
£2,25005/240.48 miRegents Drive, Woodford Green, Essex, IG82

Local Area Statistics

Population in IG8

35,894

Town centre distance

0.51 miles away

Nearest school

0.30 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £350,000

November 4, 2024

Sold for £215,000

2023

Floor Plans

Description

  • Full Central Heating +
  • Recently Refurbished +
  • Open Space +

Calling out to all families, investors and first time buyers, Hub of Homes are pleased to offer this 2nd floor 3 bedroomed purpose built flat TRULY THE BEST ON THE BLOCK.

Via a secure communal front door there is a lift and stairwell facility to all floors. Via the flats own front door the property consists of a spacious modern reception room, Brand new modern kitchen installed not long ago, 3 bedroom and a bathroom. The property also benefits from a balcony. The flat has been immaculately kept and ready to move in for any family. For an investors point of view the properties income potential through air bnb or rental would yield a nice income.

This flat is located within walking distance of Woodford station and an array of shops and amenities along Snakes Lane East and Woodford Broadway.

 

DISCLAIMER:

Please note that the information stated in regard to this property does not establish an offer or contract, neither will it be considered as representations. It is in the responsibility and obligation of all interested parties to confirm exactitude and your solicitor must check tenure and all lease information, fixtures and fittings, and any planning/building regulations where the property has been extended/converted. All measurements and dimensions are estimated and noted exclusively for guidance purposes as floor plans are not to scale and their exactness cannot be confirmed. Reference to appliances and/or facilities does not imply that they are necessarily operational or functioning for the purpose.

Agent Details

Hub Of Homes, Barking

020 3862 2810

Next Steps?

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