3 Bed Flat, Single Let, EN10 6FL £275,000

Ottawa Court, Broxbourne, EN10 6FL - 3 views - a year ago
Leasehold
BTL
ROI: 7%
~93 m²
Property image

ValuationUndervalued

Sold Prices£225K - £452K
Sold Prices/m²£2.8K/m² - £4.5K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£338,250
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£87,450

 

 

Cash Out

 

Rent Range

£1,695 - £2,300

Rent Estimate

£1,731

Running Costs/mo

£1,226

Cashflow/mo

£505

Cashflow/yr

£6,065

ROI

7%

Gross Yield

8%

Local Sold Prices

18 sold prices from £225K to £452K, average is £300K. £2.8K/m² to £4.5K/m², average is £4K/m².

Price
Date
Distance
Address
Beds
 
£257K10/240.46 mi98, Juniper Close, Turnford EN10 6HR3
£270K02/250.46 mi128, Juniper Close, Broxbourne EN10 6HR3
£270K02/250.46 mi128, Juniper Close, Broxbourne EN10 6HR3
£225K04/250.56 mi61, Macers Court Macers Lane, Wormley EN10 6EB3
£225K04/250.56 mi61, Macers Court Macers Lane, Wormley EN10 6EB3
£285K06/231.07 mi129, Whitefields Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0EN3
£325K06/231.08 mi28, Stains Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9JL3
£300K05/251.15 mi43, Shaw Close, Waltham Cross EN8 0HD3
£300K05/251.15 mi43, Shaw Close, Waltham Cross EN8 0HD3
£395K04/231.25 mi146, High Road, Broxbourne, Hertfordshire EN10 7DE3
£250K05/211.33 mi82, Kingsley Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 9PR3
£450K08/211.56 mi18, Allwood Road, Cheshunt, Waltham Cross, Hertfordshire EN7 6UA3
£305K12/242.18 mi11, St Cross Court Upper Marsh Lane, Hoddesdon EN11 8LG3
£452K04/242.66 miTemple House, Flat 7, Old Park Ride, Waltham Cross EN7 5HY3
£452K04/242.66 miFlat 7, Temple House, Old Park Ride, Waltham Cross EN7 5HY3
£267.5K09/212.66 miFlat 44, Westminster Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SH3
£315K11/222.7 mi91, Fishers Close, Waltham Cross, Hertfordshire EN8 7NN3
£420K10/222.75 miFlat 1, Temple House, Old Park Ride, Waltham Cross, Hertfordshire EN7 5HY3

Local Rents

21 rents from £1.7K/mo to £2.3K/mo, average is £1.9K/mo.

Rent
Date
Distance
Address
Beds
 
£2,30007/250.13 miOntario Close, BROXBOURNE3
£1,75003/240.16 mi-3
£1,75012/240.16 mi-3
£1,80012/230.3 mi-3
£1,80011/230.3 mi-3
£1,75003/240.36 miPerrysfield Road, Cheshunt3
£2,00005/240.42 miPerrysfield Road, Waltham Cross, Hertfordshire, EN83
£1,69504/240.42 miPerrysfield Road, Cheshunt3
£1,75004/240.43 miRowan Drive, Turnford, Herts3
£1,80007/250.44 mi-3
£1,90009/250.45 miHerongate Road, Cheshunt, Hertfordshire, EN8 0TX3
£2,30007/250.46 miPerrysfield Road, Waltham Cross, EN83
£2,20007/250.46 miPerrysfield Road, Waltham Cross, EN83
£2,10009/250.46 miPerrysfield Road, Waltham Cross, EN83
£2,10009/250.47 miPerrysfield Road, Waltham Cross, Hertfordshire, EN83
£2,00010/250.47 miPerrysfield Road, Cheshunt3
£2,10009/250.47 mi-3
£2,15003/240.51 miWillowdene, Cheshunt3
£1,70003/240.54 miCassandra Gate, Cheshunt3
£1,80006/250.54 miCassandra Gate, Cheshunt, Waltham Cross3
£1,85005/250.61 miChurch Lane, Broxbourne3

Local Area Statistics

Population in EN10

17,201

Nearest school

0.30 miles away

Nearest train station

1.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £275,000

December 5, 2024

Floor Plans

Property image

Description

  • Chain Free +
  • 3 Bedrooms +
  • Allocated Parking +
  • Close to Brookfield Retail Park +
  • Good Transport Links +
  • Over 100 years on the lease +

Presenting this chain-free three bedroom flat with allocated parking, situated on the second floor of a secure building with phone entry access. This property offers a bright open-plan living area, a modern kitchen, and excellent transport links, including a nearby bus stop with direct routes to Broxbourne Station and Cheshunt Station.

The flat features three bedrooms, perfect for use as sleeping quarters, a home office, or additional storage. The bathroom includes a three-piece suite, offering functionality for everyday needs. The allocated parking space adds further convenience for residents.

Situated just 0.8 miles from Brookfield Retail Park, residents can enjoy easy access to a wide range of shopping options, including Marks & Spencer, Tesco Extra, and other major retailers. Essential services such as a doctor's surgery and pharmacy are also within walking distance, enhancing the property's appeal.

With excellent transport links, local amenities, and green spaces nearby, this flat is a fantastic opportunity for comfortable, connected living.

Ideal for investors or first-time buyers seeking a convenient and connected lifestyle.

Agent Details

Kevin & Co, East London

020 8016 3942

Next Steps?

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