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

Epping New Road, Buckhurst Hill, Essex, IG9 5TE - 1 views - 5 months ago

Sold STC
Leasehold
BTL
~68 m²
+7 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£6.6K/m²

Value Estimate

£364,715

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£1,250 - £2,750

Rent Estimate

£1,475

Running Costs/mo

£1,721

Cashflow/mo

£-246

Cashflow/yr

£-2,955

Gross Yield

4%

Local Sold Prices

49 sold prices from £265K to £710K, average is £350K. £3.7K/m² to £8.5K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£320K02/210.04 miFlat 42, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2
£408K09/220.04 miFlat 43, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2
£380K03/210.14 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£380K03/210.14 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£455K02/230.21 mi690, High Road, Buckhurst Hill, Greater London IG9 5HN2
£380K01/210.23 mi21, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£365K02/210.23 mi18, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£370K12/220.26 mi17, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£265K10/220.3 miFlat 29, St James Gate, Palmerston Road, Buckhurst Hill, Essex IG9 5NJ2
£495K11/220.32 mi1, Wimborne Close, Buckhurst Hill, Essex IG9 5DN2
£345K02/230.42 miFlat 27, Block A, Ardmore Lane, Buckhurst Hill, Essex IG9 5RY2
£395K07/210.45 mi73, Westbury Lane, Buckhurst Hill, Essex IG9 5PH2
£415K12/200.47 miFlat 22, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£320K06/210.47 miFlat 21, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£356K03/210.47 mi169a, Whitehall Road, Woodford Green, Greater London IG8 0RH2
£320K05/210.48 miFlat 46, Seymour Court, Whitehall Road, London, Greater London E4 6DZ2
£355K12/200.49 miFlat 70, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SQ2
£411K06/210.59 mi12, Russell Road, Buckhurst Hill, Essex IG9 5QJ2
£465K06/210.6 miFlat 6, George Court, Kings Place, Buckhurst Hill, Essex IG9 5HR2
£710K12/200.61 miFlat 11, Roebuck Heights, North End, Buckhurst Hill, Essex IG9 5RF2
£340K05/210.66 miApartment 6, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£350K03/210.67 miApartment 15, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£375K06/210.8 mi28, The Albany, Woodford Green, Greater London IG8 0TJ2
£337.5K01/230.84 mi22, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£310K12/200.84 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£305K11/200.84 mi30, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£310K12/200.84 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£320K08/220.84 mi32, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£315K03/230.84 mi66, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£335K03/210.84 mi38, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£375K08/210.85 mi47, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£307K07/230.85 mi44, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£350K11/200.85 mi56, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£285K10/200.88 mi40a, Station Way, Buckhurst Hill, Essex IG9 6LN2
£320K01/210.88 mi32, Station Way, Buckhurst Hill, Essex IG9 6LN2
£390K06/230.88 miFlat 2, Cavendish Court, Gordon Road, London, Greater London E4 6DL2
£400K05/210.91 mi4, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6EX2
£320K04/230.91 mi19, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£370K02/210.91 mi22, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£430K12/220.91 mi23, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£336K04/210.91 mi5, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£310K06/210.91 mi31, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£385K10/220.91 mi1, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£295K07/230.93 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£290K11/200.93 mi29a, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£265K02/210.93 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£390K06/210.93 mi1a, Forest Avenue, London, Greater London E4 6AR2
£325K06/210.94 miFlat 6, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2
£325K01/210.94 miFlat 4, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2

Local Rents

50 rents from £1.3K/mo to £2.8K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,75004/240.04 miStag Lane, Buckhurst Hill2
£1,85008/240.04 miForest Heights, Epping New Road, Buckhurst Hill, IG92
£1,75004/240.04 miFawn Heights, Stag Lane, Buckhurst Hill IG92
£1,60005/240.07 miStag Lane, Buckhurst Hill2
£2,00004/240.1 miHigh Road, Buckhurst Hill2
£1,85004/240.1 miShore Point, High Road, Buckhurst Hill, IG92
£1,50004/240.1 mi-2
£1,50004/240.1 mi-2
£1,80003/250.1 mi-2
£1,80003/250.1 mi-2
£1,85002/250.11 mi-2
£1,80008/240.11 miStag Heights, Buckhurst Hill, IG92
£1,80007/240.14 miBuckhurst Hill, IG92
£2,00007/240.14 miBuckhurst Hill, IG92
£1,67505/240.14 miBuckhurst Hill2
£1,80001/240.17 miBuckhurst Hill, Buckhurst Hill, IG92
£1,65004/240.18 miBuckhurst Hill House, Queens Road, Buckhurst Hill, IG92
£1,70001/240.23 miBuckhurst Hill, Buckhurst Hill, IG92
£1,87501/240.23 miBuckhurst Hill, Buckhurst Hill, IG92
£1,59008/240.25 mi-2
£1,60012/240.26 mi-2
£2,20008/240.31 mi-2
£2,75004/240.32 miEton Heights, Whitehall Road, Woodford Green2
£1,59507/240.33 miQueens Road, Buckhurst Hill2
£1,25001/240.34 mi Queens Road, Buckhurst Hill, IG92
£2,65005/240.35 miEton Heights, Whitehall Road, Woodford Green2
£1,70004/240.35 miPrinces Road, Buckhurst Hill, IG92
£1,47502/250.36 mi-2
£1,49504/250.36 mi-2
£1,47507/240.36 mi-2
£1,99508/240.39 miPrinces Road, Buckhurst Hill2
£2,10007/240.39 miQueens Road, Buckhurst Hill, IG92
£2,10007/240.39 miQueens Road, Buckhurst Hill, IG92
£2,10007/240.39 miQueens Road, Buckhurst Hill, IG92
£1,60006/240.4 miBuckhurst Hill, IG92
£2,50001/240.4 miQueens Road, Buckhurst Hill2
£1,80004/240.44 mi-2
£1,75003/240.46 miWhitehall Road, Woodford Green, IG82
£1,85007/240.47 miGreenhill, High Rd2
£1,75004/240.47 miWhitehall Road, Woodford Green IG82
£1,59503/240.48 mi-2
£1,60004/240.48 miSeymour Court, London, E42
£1,60005/240.48 mi-2
£1,60012/240.48 mi-2
£1,60012/240.48 mi-2
£1,60004/240.48 miSeymour Court, Whitehall Road, Chingford2
£1,55003/250.48 mi-2
£1,45008/240.48 miBuckhurst Hill2
£1,60004/240.49 miIbrox Court, IG92
£1,85004/240.49 miGreen Hill, Buckhurst Hill, IG9 2

Local Area Statistics

Population in IG9

12,744

Population in Buckhurst Hill

12,817

Town centre distance

0.46 miles away

Nearest school

0.30 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £450,000

November 27, 2024

Sold for £390,000

2014

Floor Plans

Description

  • EPC B +
  • Chain Free Sale +
  • Sitting/Dining Room +
  • Two Bedrooms +
  • Kitchen +
  • En-Suite Shower Room to Bedroom One +
  • Independent Shower Room +
  • Balcony with Due South Facing Aspect +
  • Underground Parking for One Car +
  • Useful Storage Cage +

GUIDE PRICE £450,000 to £500,000

Situated within the popular Forest Heights gated development and featuring a balcony with a due south facing aspect, lies this first floor apartment offered for sale with no onward chain. The generously proportioned accommodation features two bedrooms, an independent shower room and en-suite shower room to bedroom one. Catering for everyday living and entertaining friends and family is a spacious sitting/dining room with an adjacent kitchen. There is access from both the sitting/dining room and bedroom one to the balcony. The property also benefits from a gated underground parking space together with caged storage, The development benefits from a 24-hour concierge services, communal gardens with a water feature, and there is ample visitors parking.

This development is conveniently placed within walking distance for the Central Line station being within 0.9 miles, making central London very accessible. Plus, a selection of restaurants and boutique style shops can be found within Queens Road being 0.4 miles from the property, together with a Waitrose & Partners being within 0.8 miles. A David Lloyd centre is within 2.1 miles and more shopping facilities are located at Loughton, being within 1.8 miles with a choice of two supermarkets, a M&S food hall, and a wide selection of restaurants and coffee bars. High Beech and Epping Forest land are also nearby being within 2.3 miles, with activities such as horse riding and mountain biking or simply enjoying a woodland walk. Buckhurst Hill is also renowned for its education provided by a selection of schools.

IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

LLO230033/1

Agent Details

Lawlors Property Services, Loughton Sales

020 3873 8317

Next Steps?

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