2 Bed Flat, Single Let, Buckhurst Hill, IG9 5JT, £350,000

Epping New Road, Buckhurst Hill, IG9 5JT - 2 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~68 m²
+6 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£364,715
BMV4%

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

£1,250 - £2,750

Rent Estimate

£1,475

Running Costs/mo

£1,409

Cashflow/mo

£66

Cashflow/yr

£795

ROI

1%

Gross Yield

5%

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 
£320K02/210.05 miFlat 42, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2
£408K09/220.05 miFlat 43, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2
£380K03/210.15 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£380K03/210.15 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£455K02/230.2 mi690, High Road, Buckhurst Hill, Greater London IG9 5HN2
£380K01/210.24 mi21, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£365K02/210.24 mi18, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£370K12/220.27 mi17, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£265K10/220.34 miFlat 29, St James Gate, Palmerston Road, Buckhurst Hill, Essex IG9 5NJ2
£495K11/220.35 mi1, Wimborne Close, Buckhurst Hill, Essex IG9 5DN2
£356K03/210.43 mi169a, Whitehall Road, Woodford Green, Greater London IG8 0RH2
£320K05/210.45 miFlat 46, Seymour Court, Whitehall Road, London, Greater London E4 6DZ2
£345K02/230.46 miFlat 27, Block A, Ardmore Lane, Buckhurst Hill, Essex IG9 5RY2
£395K07/210.49 mi73, Westbury Lane, Buckhurst Hill, Essex IG9 5PH2
£320K06/210.51 miFlat 21, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£415K12/200.51 miFlat 22, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£355K12/200.53 miFlat 70, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SQ2
£340K05/210.63 miApartment 6, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£465K06/210.63 miFlat 6, George Court, Kings Place, Buckhurst Hill, Essex IG9 5HR2
£350K03/210.63 miApartment 15, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£411K06/210.63 mi12, Russell Road, Buckhurst Hill, Essex IG9 5QJ2
£710K12/200.65 miFlat 11, Roebuck Heights, North End, Buckhurst Hill, Essex IG9 5RF2
£375K06/210.76 mi28, The Albany, Woodford Green, Greater London IG8 0TJ2
£335K03/210.81 mi38, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£375K08/210.81 mi47, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£307K07/230.81 mi44, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£350K11/200.81 mi56, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£310K12/200.86 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£305K11/200.86 mi30, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£310K12/200.86 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£320K08/220.86 mi32, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£315K03/230.86 mi66, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£337.5K01/230.86 mi22, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£320K04/230.87 mi19, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£370K02/210.87 mi22, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£430K12/220.87 mi23, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£390K06/230.87 miFlat 2, Cavendish Court, Gordon Road, London, Greater London E4 6DL2
£285K10/200.89 mi40a, Station Way, Buckhurst Hill, Essex IG9 6LN2
£320K01/210.89 mi32, Station Way, Buckhurst Hill, Essex IG9 6LN2
£400K05/210.91 mi4, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6EX2
£336K04/210.92 mi5, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£310K06/210.92 mi31, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£385K10/220.92 mi1, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£390K06/210.92 mi1a, Forest Avenue, London, Greater London E4 6AR2
£295K07/230.95 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£290K11/200.95 mi29a, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£265K02/210.95 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£325K06/210.96 miFlat 6, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2
£325K01/210.96 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 
£1,85008/240.05 miForest Heights, Epping New Road, Buckhurst Hill, IG92
£1,75004/240.06 miFawn Heights, Stag Lane, Buckhurst Hill IG92
£1,75004/240.08 miStag Lane, Buckhurst Hill2
£1,60005/240.11 miStag Lane, Buckhurst Hill2
£1,50004/240.12 mi-2
£1,50004/240.12 mi-2
£1,80003/250.12 mi-2
£1,80003/250.12 mi-2
£2,00004/240.13 miHigh Road, Buckhurst Hill2
£1,85004/240.14 miShore Point, High Road, Buckhurst Hill, IG92
£1,85002/250.14 mi-2
£1,80008/240.15 miStag Heights, Buckhurst Hill, IG92
£1,80001/240.15 miBuckhurst Hill, Buckhurst Hill, IG92
£1,80007/240.16 miBuckhurst Hill, IG92
£1,67505/240.17 miBuckhurst Hill2
£2,00007/240.17 miBuckhurst Hill, IG92
£1,65004/240.21 miBuckhurst Hill House, Queens Road, Buckhurst Hill, IG92
£1,70001/240.27 miBuckhurst Hill, Buckhurst Hill, IG92
£1,87501/240.27 miBuckhurst Hill, Buckhurst Hill, IG92
£2,75004/240.28 miEton Heights, Whitehall Road, Woodford Green2
£1,60012/240.29 mi-2
£1,59008/240.29 mi-2
£2,65005/240.31 miEton Heights, Whitehall Road, Woodford Green2
£2,20008/240.34 mi-2
£1,59507/240.37 miQueens Road, Buckhurst Hill2
£1,25001/240.38 mi Queens Road, Buckhurst Hill, IG92
£1,70004/240.38 miPrinces Road, Buckhurst Hill, IG92
£1,47502/250.39 mi-2
£1,49504/250.39 mi-2
£1,47507/240.39 mi-2
£1,99508/240.41 miPrinces Road, Buckhurst Hill2
£2,10007/240.42 miQueens Road, Buckhurst Hill, IG92
£2,10007/240.42 miQueens Road, Buckhurst Hill, IG92
£2,10007/240.42 miQueens Road, Buckhurst Hill, IG92
£1,75003/240.43 miWhitehall Road, Woodford Green, IG82
£1,75004/240.43 miWhitehall Road, Woodford Green IG82
£1,60006/240.44 miBuckhurst Hill, IG92
£2,50001/240.44 miQueens Road, Buckhurst Hill2
£1,59503/240.45 mi-2
£1,60004/240.45 miSeymour Court, London, E42
£1,60005/240.45 mi-2
£1,60012/240.45 mi-2
£1,60012/240.45 mi-2
£1,60004/240.45 miSeymour Court, Whitehall Road, Chingford2
£1,75004/240.46 miWhitehall Road, Woodford Green2
£1,75005/240.46 miWhitehall Road, Woodford Green2
£1,80004/240.48 mi-2
£1,85007/240.51 miGreenhill, High Rd2
£1,60004/240.52 miIbrox Court, IG92
£1,55003/250.52 mi-2

Local Area Statistics

Population in IG9

12,744

Population in Buckhurst Hill

12,817

Town centre distance

0.49 miles away

Nearest school

0.30 miles away

Nearest train station

0.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £350,000

November 27, 2024

Floor Plans

Description

  • 2 bedroom apartment +
  • Gated private parking +
  • Stunning building +
  • Close to Central Line Station +
  • Short walk to Epping Forest +
  • Modern bathroom +
  • Balcony +
  • Luxury kitchen +
  • Short walk to Queens Road +
  • Communal gardens +

Situated within the heart of Buckhurst Hill is this luxury 2 bedroom apartment. The property offers bright and modern accommodation and benefits from having a balcony, gated parking and is a short walk to Central Line station and Queens Road.

Guide Price £350,000 - £375,000

This luxury 2 bedroom apartment is has been well maintained by its current owners and forms part of The Valkyrie, which is an eye catching luxury apartment building comprising of six apartments with gated allocated parking. The building has been tastefully designed to its originally period style and is full of character.

This stylish 2 bedroom property has been designed consistently to a high contemporary standard; offering a luxury kitchen with a comprehensive selection of fitted and integrated high performance appliances. The bathroom is beautifully fitted and are tiled in a contemporary style. The finish is carefully considered throughout as are the choice of fittings. The property also benefits from having a balcony overlooking the rear aspect off the second bedroom.
This grand looking building was completed renovated back in 2015 to the highest standard.

Queens Road is within a short walk and has a variety of local restaurants which caters for all tastes. Everyday shopping needs are taken care of by many local shops in Queens Road. The Valkyrie benefits from being in a leafy location with lies very close to Epping Forest. Horse Riding, mountain biking and walking are all popular local pursuits.

The Valkyrie is minutes walk from Buckhurst Hill Station on the Central Line. From there London Liverpool Street is just approx 25 minutes or 9 stops away. City Airport is also easily accessible by changing at Stratford.
Routes out of town are also convenient with easy access by car to the North Circular, M11 and M25 motorway. Stansted Airport is approximately 34 minutes away by car, making the development an ideal 'lock and leave' for buyers who own property abroad.
Set back on the Epping New Road within an attractive established residential area. The Valkyrie is close to all amenities Buckhurst Hill has to offer. Long established as a desirable district on the outskirts of London, Buckhurst Hill offers much to the young professional who need good links into the city and the West End; As too the purchaser who may be considering downsizing.
This attractive apartment is perfect for buy to let investors due to the location being a commuters dream and the rental return achievable.

Leasehold
Lease: 145 years
Service Charge: £2800 per annum
Ground Rent: £250 per annum
EPC - B
Council Tax Band - E

All the information provided about this property does not constitute or form part of an offer or contract, nor maybe it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale, and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.

Agent Details

William Rose, Woodford

020 3907 8626

Next Steps?

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