2 Bed Flat, Single Let, EN10 6LW £225,000

Landau Way, Turnford, EN10 6LW - a year ago
Sold STC
Leasehold
BTL
ROI: 5%
~60 m²
Property image

ValuationUndervalued

Sold Prices£102K - £300K
Sold Prices/m²£2.3K/m² - £5K/m²

 

 

Square Metres

~59.83 m²
Price/m²£3.8K/m²

Value Estimate

£252,853
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£14,450

Total Cash In

£70,700

 

 

Cash Out

 

Rent Range

£1,250 - £2,050

Rent Estimate

£1,300

Running Costs/mo

£983

Cashflow/mo

£317

Cashflow/yr

£3,803

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £102K to £300K, average is £262.3K. £2.3K/m² to £5K/m², average is £4.3K/m².

Price
Date
Distance
Address
Beds
 
£226K06/250.03 mi6, Landau Way, Broxbourne EN10 6LW2
£226K06/250.03 mi6, Landau Way, Broxbourne EN10 6LW2
£220K06/250.06 mi9, Groom Road, Broxbourne EN10 6BW2
£220K06/250.06 mi9, Groom Road, Broxbourne EN10 6BW2
£240K11/220.06 mi6, Groom Road, Broxbourne, Hertfordshire EN10 6BW2
£265K11/220.27 mi59, Watery Lane, Turnford, Broxbourne, Hertfordshire EN10 6GF2
£280K12/210.27 mi33, Watery Lane, Turnford, Broxbourne, Hertfordshire EN10 6GF2
£234K07/210.27 mi48, Sorbus Road, Turnford, Broxbourne, Hertfordshire EN10 6GD2
£270K01/250.27 mi46, Sorbus Road, Broxbourne EN10 6GD2
£270K01/250.27 mi46, Sorbus Road, Broxbourne EN10 6GD2
£270K11/220.27 mi60, Sorbus Road, Turnford, Broxbourne, Hertfordshire EN10 6GD2
£273K01/230.28 mi46, Watery Lane, Turnford, Broxbourne, Hertfordshire EN10 6GF2
£265K11/240.29 mi62, Watery Lane, Broxbourne EN10 6GF2
£267.5K10/210.32 mi23, Columbia Road, Turnford, Broxbourne, Hertfordshire EN10 6FR2
£245K06/210.33 mi6, Vancouver Road, Broxbourne, Hertfordshire EN10 6FB2
£266.3K09/220.33 mi26, Vancouver Road, Broxbourne, Hertfordshire EN10 6FB2
£270K12/240.34 mi21, Vancouver Road, Broxbourne EN10 6FB2
£270K12/240.34 mi21, Vancouver Road, Broxbourne EN10 6FB2
£257K05/210.34 mi95, Huron Road, Turnford, Broxbourne, Hertfordshire EN10 6FT2
£262.5K06/250.34 mi29, Vancouver Road, Broxbourne EN10 6FB2
£262.5K06/250.34 mi29, Vancouver Road, Broxbourne EN10 6FB2
£263K09/240.35 mi82, Juniper Close, Broxbourne EN10 6HR2
£102K06/210.35 mi52, Michigan Close, Broxbourne, Hertfordshire EN10 6FZ2
£262K06/210.36 mi26, The Cedars, Broxbourne, Hertfordshire EN10 6FX2
£265K09/220.37 mi120, Yukon Road, Turnford, Broxbourne, Hertfordshire EN10 6FP2
£255K09/210.37 mi98, Yukon Road, Turnford, Broxbourne, Hertfordshire EN10 6FP2
£285K11/220.37 mi114, Yukon Road, Turnford, Broxbourne, Hertfordshire EN10 6FP2
£280K04/230.37 mi128, Yukon Road, Turnford, Broxbourne, Hertfordshire EN10 6FP2
£260K10/240.38 mi97, Yukon Road, Broxbourne EN10 6FP2
£257.5K08/220.39 mi37, Yukon Road, Turnford, Broxbourne, Hertfordshire EN10 6FN2
£255K03/250.39 mi27, The Cedars, Broxbourne EN10 6FX2
£285K03/230.39 mi23, Yukon Road, Turnford, Broxbourne, Hertfordshire EN10 6FN2
£235K04/230.39 mi58, Yukon Road, Turnford, Broxbourne, Hertfordshire EN10 6FN2
£282K06/230.39 mi33, Yukon Road, Turnford, Broxbourne, Hertfordshire EN10 6FN2
£225K06/210.39 mi39, Rowan Drive, Broxbourne, Hertfordshire EN10 6HG2
£250K03/230.4 mi113, Vancouver Road, Broxbourne, Hertfordshire EN10 6FF2
£250K01/250.41 mi63, Juniper Close, Broxbourne EN10 6HW2
£250K01/250.41 mi63, Juniper Close, Broxbourne EN10 6HW2
£230K12/220.41 mi112, Rowan Drive, Broxbourne, Hertfordshire EN10 6HJ2
£245K07/210.41 mi70, Yukon Road, Turnford, Broxbourne, Hertfordshire EN10 6FN2
£235K06/250.43 mi77, Huron Road, Broxbourne EN10 6FT2
£235K06/250.43 mi77, Huron Road, Broxbourne EN10 6FT2
£260K09/210.43 mi137, Perrysfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0TJ2
£292K11/240.44 mi21, Winnipeg Way, Broxbourne EN10 6FG2
£260K07/220.45 mi3, Winnipeg Way, Turnford, Broxbourne, Hertfordshire EN10 6FG2
£267K08/210.45 mi21, Winnipeg Way, Turnford, Broxbourne, Hertfordshire EN10 6FG2
£300K01/230.45 mi39, Winnipeg Way, Turnford, Broxbourne, Hertfordshire EN10 6FG2
£275K09/220.45 mi44, Winnipeg Way, Turnford, Broxbourne, Hertfordshire EN10 6FG2
£275K04/230.45 mi5, Winnipeg Way, Turnford, Broxbourne, Hertfordshire EN10 6FG2
£265K08/220.46 mi23, Winnipeg Way, Turnford, Broxbourne, Hertfordshire EN10 6FG2

Local Rents

50 rents from £1.3K/mo to £2K/mo, average is £1.4K/mo.

Rent
Date
Distance
Address
Beds
 
£1,70004/240.05 mi-2
£2,00012/240.08 mi-2
£2,05010/250.08 mi-2
£1,45008/250.14 miLandau Way, Broxbourne, EN102
£1,45008/250.14 mi-2
£1,49509/250.17 miRobertson Close, Turnford2
£1,49510/250.17 miRobertson Close, Turnford2
£1,70012/240.17 mi-2
£1,80007/240.17 mi-2
£1,49504/240.18 miCanons Gate, Cheshunt2
£1,60006/250.18 miCanons Gate, Thomas Rochford Way, Cheshunt2
£1,35010/250.19 miNunsbury Drive, Turnford2
£1,39511/250.24 miWatery Lane, Broxbourne2
£1,39508/250.24 miWinnipeg Way, Turnford2
£1,65010/250.24 miBroomfield Avenue, Broxbourne2
£1,55010/250.27 mi-2
£1,60009/250.27 mi-2
£1,60009/250.27 mi-2
£1,30011/250.31 mi-2
£1,35009/250.31 miColumbia Road, Broxbourne, EN102
£1,30010/250.31 miColumbia Road, Broxbourne, EN102
£1,30010/250.31 miColumbia Road, Broxbourne, EN102
£1,25003/240.35 miJuniper Close, Turnford2
£1,30011/250.35 miMichigan Close, Broxbourne, EN102
£1,40011/250.35 miMichigan Close, BROXBOURNE2
£1,45006/250.36 miYukon Road Broxbourne2
£1,45007/250.36 miYukon Road Broxbourne2
£1,45008/250.36 miYukon Road Broxbourne2
£1,45008/240.36 mi-2
£1,45004/240.37 miYukon Road, Turnford2
£1,49507/250.37 miYukon Road, Turnford2
£1,65002/240.37 mi-2
£1,75004/250.37 mi-2
£1,75001/250.37 mi-2
£1,65002/250.37 mi-2
£1,65002/250.37 mi-2
£1,60011/250.37 miYukon Road, Broxbourne, EN102
£1,40004/240.38 miYukon Road, Broxbourne, EN102
£1,30011/250.38 miYukon Road, Broxbourne, EN102
£1,30004/240.38 miVancouver Road, Broxbourne2
£1,50010/230.38 mi-2
£1,30010/230.39 mi-2
£1,35007/250.39 miYukon Road, Broxbourne2
£1,60008/240.39 mi-2
£1,75008/250.39 mi-2
£1,35003/240.39 miYukon Road, BROXBOURNE2
£1,30010/250.4 miVancouver Road, Broxbourne, EN102
£1,30004/240.4 miYukon Road, Turnford, Herts2
£1,45007/250.4 miYukon Road, Turnford2
£1,37510/250.42 miHuron Road, Broxbourne2

Local Area Statistics

Population in EN10

17,201

Nearest school

0.20 miles away

Nearest train station

1.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £225,000

November 20, 2024

Floor Plans

Property image

Description

  • Chain Free +
  • Two Bedrooms +
  • Utility Room +
  • Security Entry System +
  • Allocated Parking +
  • Long Lease +
  • Gas Central Heating +
  • Double Glazed Windows +

CHAIN FREE - This TWO DOUBLE BEDROOM second floor flat in sought after Turnford is ideally situated as it is close to both local amenities and the station. Benefitting from a SECURITY ENTRY SYSTEM to own front door leading to TWO SPACIOUS BEDROOMS, STORAGE/UTILITY ROOM, LOUNGE, KITCHEN and with allocated parking. Gas central heating and double glazed windows throughout.

Agent Details

Paul Wallace Estate Agents, Cheshunt

01992 781100

Next Steps?

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