2 Bed Flat, Single Let, Buckhurst Hill, IG9 5BZ, £450,000

Queens Road, Buckhurst Hill, IG9 5BZ - 1 views - 5 months ago

Leasehold
BTL
~95 m²
+18 photos

ValuationUndervalued

Sold Prices£265K - £710K
Sold Prices/m²£3.7K/m² - £8.5K/m²

 

 

Square Metres

~94.60 m²
Price/m²£4.8K/m²

Value Estimate

£519,625
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£33,700

Total Cash In

£146,200

 

 

Cash Out

 

Rent Range

£1,250 - £2,600

Rent Estimate

£1,419

Running Costs/mo

£1,710

Cashflow/mo

£-291

Cashflow/yr

£-3,493

Gross Yield

4%

Local Sold Prices

41 sold prices from £265K to £710K, average is £342K. £3.7K/m² to £8.5K/m², average is £5.5K/m².

PriceDateDistanceAddressBeds 
£465K06/210.13 miFlat 6, George Court, Kings Place, Buckhurst Hill, Essex IG9 5HR2
£337.5K01/230.14 mi22, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£310K12/200.15 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£305K11/200.15 mi30, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£310K12/200.15 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£320K08/220.15 mi32, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£315K03/230.15 mi66, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£395K07/210.29 mi73, Westbury Lane, Buckhurst Hill, Essex IG9 5PH2
£295K07/230.33 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£290K11/200.33 mi29a, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£265K02/210.33 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£325K06/210.37 miFlat 6, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2
£325K01/210.37 miFlat 4, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2
£411K06/210.4 mi12, Russell Road, Buckhurst Hill, Essex IG9 5QJ2
£495K11/220.41 mi1, Wimborne Close, Buckhurst Hill, Essex IG9 5DN2
£265K10/220.47 miFlat 29, St James Gate, Palmerston Road, Buckhurst Hill, Essex IG9 5NJ2
£415K12/200.53 miFlat 22, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£285K10/200.53 mi40a, Station Way, Buckhurst Hill, Essex IG9 6LN2
£320K01/210.53 mi32, Station Way, Buckhurst Hill, Essex IG9 6LN2
£320K06/210.54 miFlat 21, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£355K12/200.54 miFlat 70, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SQ2
£710K12/200.56 miFlat 11, Roebuck Heights, North End, Buckhurst Hill, Essex IG9 5RF2
£336K04/210.58 mi5, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£310K06/210.58 mi31, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£385K10/220.58 mi1, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£400K05/210.63 mi4, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6EX2
£380K03/210.64 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£380K03/210.64 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£360K06/210.68 miFlat 27, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£342K01/210.68 miFlat 15, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£342K06/210.68 miFlat 35, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£352.5K03/230.68 miFlat 34, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£455K02/230.69 mi690, High Road, Buckhurst Hill, Greater London IG9 5HN2
£345K02/230.69 miFlat 27, Block A, Ardmore Lane, Buckhurst Hill, Essex IG9 5RY2
£320K02/210.76 miFlat 42, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2
£408K09/220.76 miFlat 43, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2
£380K01/210.88 mi21, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£365K02/210.88 mi18, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£340K12/200.89 mi5, Avondale Close, Loughton, Essex IG10 3DH2
£370K12/220.9 mi17, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£310K03/210.95 mi35, Cheltenham Gardens, Loughton, Essex IG10 3AW2

Local Rents

49 rents from £1.3K/mo to £2.6K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£2,20001/240.06 miVictoria Road, Buckhurst Hill, Essex, IG92
£2,60004/240.08 mi-2
£2,00001/240.08 miLower Queens Road, Buckhurst Hill, Essex, IG92
£2,00007/240.08 miThe Atrium, Lower Queens Road, IG92
£2,00008/240.08 miThe Atrium. Buckhurst Hill, IG92
£2,00008/240.08 miLower Queens Road, Buckhurst Hill, IG92
£1,85008/240.08 miLower Queens Road, Buckhurst Hill, IG92
£2,20007/240.09 miBeatrice Court, Buckhurst Hill, Essex, IG92
£1,95004/240.11 miMountbatten Court, Buckhurst Hill2
£1,80004/240.13 mi-2
£1,80004/250.13 mi-2
£1,57508/240.14 miCedar Close, Buckhurst Hill2
£1,80004/240.15 miAlfred Road, Buckhurst Hill, IG92
£1,62508/240.15 miCedar Close, Buckhurst Hill, IG92
£1,60006/240.15 mi-2
£1,65007/240.16 miCedar Close, Buckhurst Hill2
£1,60007/240.16 miQueens Road, Buckhurst Hill2
£1,59505/240.18 miBuckhurst Hill2
£1,80001/250.18 mi-2
£1,49507/240.19 miCascade Road, Buckhurst Hill, IG92
£1,85008/240.19 mi83 Queens Road, Buckhurst Hill, IG92
£1,69504/240.2 mi-2
£2,00008/240.21 miPalace Gardens, Buckhurst Hill, IG92
£1,55005/240.23 miBuckhurst Hill2
£1,60004/240.27 miIbrox Court, IG92
£1,80004/240.31 mi-2
£2,50001/240.32 miQueens Road, Buckhurst Hill2
£2,10007/240.34 miQueens Road, Buckhurst Hill, IG92
£2,10007/240.34 miQueens Road, Buckhurst Hill, IG92
£2,10007/240.34 miQueens Road, Buckhurst Hill, IG92
£1,99508/240.35 miPrinces Road, Buckhurst Hill2
£1,50006/240.35 miRoebuck Lane, Buckhurst Hill, IG92
£1,60006/240.37 miBuckhurst Hill, IG92
£1,47502/250.37 mi-2
£1,49504/250.37 mi-2
£1,47507/240.37 mi-2
£1,75004/240.37 mi-2
£1,70004/240.37 miPrinces Road, Buckhurst Hill, IG92
£1,25001/240.39 mi Queens Road, Buckhurst Hill, IG92
£1,59507/240.4 miQueens Road, Buckhurst Hill2
£1,55008/240.41 miBuckhurst Hill, IG92
£2,20008/240.42 mi-2
£1,40008/240.46 miBuckhurst Way, Buckhurst Hill, IG9 6HD2
£1,55006/240.46 miBuckhurst Way, Buckhurst Hill2
£1,60012/240.47 mi-2
£1,80004/240.49 mi-2
£1,80004/250.49 mi-2
£1,50007/240.51 miHornbeam Road, Buckhurst Hill2
£1,50008/240.51 miHornbeam Road, Buckhurst Hill2

Local Area Statistics

Population in IG9

12,744

Population in Buckhurst Hill

12,817

Town centre distance

0.29 miles away

Nearest school

0.30 miles away

Nearest train station

0.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Price changed to £450,000

February 16, 2025

Listed for £460,000

November 4, 2024

Floor Plans

Description

  • Superbly presented duplex apartment +
  • Two/three double bedrooms +
  • 1,000 sq. ft. of accommodation +
  • Sitting room and separate dining room (bedroom 3) +
  • Fitted kitchen +
  • Spacious hall / study area +
  • Residents' permit parking +
  • 117 year lease +
  • Excellent location for shops, Central Line & Epping Forest +
  • EPC rating D59 / Council Tax band C +

This wonderfully spacious duplex apartment offers over 1,000 sq. ft. of accommodation with two double bedrooms, two reception rooms and a generous fitted kitchen - all just a stone's throw from the Central Line Station and Queens Road with its mix of boutique shops, cafes, restaurants and a Waitrose Supermarket. Perfect for any commuters looking for a great size apartment.

Location

The apartment is situated on Queen's Road itself, set amongst the shops, cafes and restaurants with the Central Line Station entrance just around the corner. This offers direct links to the City, West End and Canary Wharf and for road users the M11, M25 and routes into London are close by. The area is well served by excellent state and independent schools, and being surrounded by Epping Forest there are plenty of leisure pursuits on offers.

Interior

The flat has its own entrance which leads you straight into the kitchen. This is extensively fitted with an excellent range of base and wall mounted units with contrasting granite effect worksurfaces, space for appliances and plenty of storage. The kitchen opens to a great sized inner hall with space for a study area and stairs to the upper floor. The lounge is to the front of the building, looking onto Queens Road, with wooden flooring, and open fireplace and bespoke shelving to the alcoves. There is also a good size dining room on this floor (which could be used as a third bedroom) which makes a perfect spot for entertaining. Upstairs are two double bedrooms, both beautifully presented, with wooden flooring and a stylish neutral decor. Both are served by the principal bathroom which offers a white suite including a bath and separate shower.

Agent's note

The flat is offered to the market with a lease having 117 years' remaining. There is no service charge payable and we are awaiting confirmation from the vendor in relation to whether a ground rent is payable.

Agent Details

Farr O'Neil, Buckhurst Hill

020 3870 7037

Next Steps?

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