2 Bed Flat, Single Let, Waltham Cross, EN8 8JL, £260,000

Kelman Close, Waltham Cross, EN8 8JL - 3 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£168K - £330K
Sold Prices/m²£3.2K/m² - £7.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.8K/m²

Value Estimate

£294,933
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£1,250 - £1,950

Rent Estimate

£1,399

Running Costs/mo

£1,112

Cashflow/mo

£287

Cashflow/yr

£3,440

ROI

5%

Gross Yield

6%

Local Sold Prices

50 sold prices from £168K to £330K, average is £250K. £3.2K/m² to £7.5K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£257.5K11/200 mi1, Kelman Close, Waltham Cross, Hertfordshire EN8 8JL2
£270K06/210.07 mi4a, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 8LA2
£240K07/210.13 miFlat 3, Pegasus House, Crossbrook Street, Cheshunt, Waltham Cross, Hertfordshire EN8 8JU2
£190K06/210.13 miFlat 46, Edwards Court, Turners Hill, Waltham Cross, Hertfordshire EN8 8SA2
£249K06/210.14 mi15, Guinevere Gardens, Waltham Cross, Hertfordshire EN8 8EJ2
£265K07/210.14 mi3, Guinevere Gardens, Waltham Cross, Hertfordshire EN8 8EJ2
£223K07/230.14 mi27, Guinevere Gardens, Cheshunt, Waltham Cross, Hertfordshire EN8 8EJ2
£255K04/210.17 mi11, Dairyglen Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 8JW2
£256K09/210.17 mi7, Dairyglen Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 8JW2
£255K12/220.21 miFlat 42, Edwards Court, Turners Hill, Waltham Cross, Hertfordshire EN8 8SA2
£253K07/210.21 mi145, Downfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8SS2
£235K03/230.27 mi16, Steward Close, Cheshunt, Waltham Cross, Hertfordshire EN8 8UW2
£300K01/230.34 miFlat 12, Chapman Courtyard, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9FD2
£310K03/230.34 miFlat 7, Parkside, Montayne Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8LS2
£260K04/210.35 mi42, Cecil Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8TF2
£260K04/210.35 mi42, Cecil Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8TF2
£279.5K02/230.42 miFlat 10, Akers Court, High Street, Waltham Cross, Hertfordshire EN8 7ED2
£250K11/200.42 miFlat 7, Southgate House, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9DA2
£205K11/220.43 miFlat 3, Alexander Court, Victoria Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9EP2
£240K12/200.44 miFlat 5, Trinity House, Trinity Lane, Waltham Cross, Hertfordshire EN8 7EF2
£227.5K11/200.44 miFlat 30, Trinity House, Trinity Lane, Waltham Cross, Hertfordshire EN8 7EF2
£270K11/220.45 miFlat 21, Northgate House, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9BY2
£245K06/230.48 mi4a, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9DL2
£205K06/230.51 miFlat 3, Glebe Court, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9FB2
£225K12/200.51 miFlat 8, Glebe Court, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9FB2
£265K01/230.58 mi38, Forest Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9DB2
£242K02/210.61 mi109, Prospect Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9QP2
£304K04/230.62 mi6a, Royal Avenue, Waltham Cross, Hertfordshire EN8 7QS2
£237K04/230.62 miFlat 22, Burlington House, Swanfield Road, Waltham Cross, Hertfordshire EN8 7FG2
£255K02/230.63 mi29, Oxford Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9QN2
£235K11/220.63 mi7, Oxford Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9QN2
£233K09/210.66 miFlat 17, Sawyers Court, Sturlas Way, Waltham Cross, Hertfordshire EN8 7BJ2
£168K04/210.66 miFlat 33, Sawyers Court, Sturlas Way, Waltham Cross, Hertfordshire EN8 7BJ2
£285K03/210.7 mi24, Eastern Avenue, Waltham Cross, Hertfordshire EN8 7JD2
£250K05/210.71 mi69, Bellamy Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9JU2
£215K03/210.76 mi46a, High Street, Cheshunt, Waltham Cross, Hertfordshire EN8 0AQ2
£222K01/210.78 miFlat 30, Maple Leaf Court, Cross Road, Waltham Cross, Hertfordshire EN8 7HU2
£330K05/210.83 mi65a, Bury Green Road, Cheshunt, Waltham Cross, Hertfordshire EN7 5AG2
£297.5K02/210.83 mi63, Stains Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9JJ2
£310K02/230.84 mi12, St Marys Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9PX2
£190K10/200.84 mi41, St Marys Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9PX2
£250K03/210.84 mi66, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR2
£275K11/210.84 mi62, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR2
£255K01/210.84 mi22, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR2
£315K11/220.84 mi42, Stains Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9JL2
£229.5K03/210.84 mi29, Birchfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9PL2
£240K03/210.91 mi7, Beecholm Mews, Cheshunt, Waltham Cross, Hertfordshire EN8 0DH2
£216.5K05/210.92 mi5, Kingsley Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 9PU2
£195K06/230.94 miFlat 41, Cliff Richard Court, High Street, Cheshunt, Waltham Cross, Hertfordshire EN8 0BE2
£190K06/210.94 miFlat 32, Cliff Richard Court, High Street, Cheshunt, Waltham Cross, Hertfordshire EN8 0BE2

Local Rents

49 rents from £1.3K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,25003/240.07 miTurners Hill, Cheshunt, Waltham Cross, Hertfordshire, EN8 8LA2
£1,70012/240.08 miRussells Ride, Cheshunt2
£1,60004/250.13 mi-2
£1,27505/240.15 miKing Arthur Court, Cheshunt, Hertfordshire, EN82
£1,37811/230.16 mi-2
£1,40004/240.18 miYukon Road, Broxbourne, EN102
£1,39512/240.19 mi-2
£1,50012/240.2 miFriends Avenue, Cheshunt, Waltham Cross2
£1,50012/240.2 miFriends Avenue, Cheshunt, Waltham Cross, Hertfordshire, EN82
£1,75004/240.2 mi-2
£1,75004/240.2 miDairyglen Avenue, Cheshunt, Waltham Cross, EN82
£1,50003/250.23 mi-2
£1,90004/250.23 mi-2
£1,60004/240.24 miDownfield Road, Cheshunt2
£1,60004/240.24 miDownfield Road, Cheshunt, Waltham Cross, Hertfordshire, EN8 8SS2
£1,50004/240.25 miAlbury Grove Road, Cheshunt, EN82
£1,90004/250.25 mi-2
£1,60005/240.26 mi-2
£1,60004/250.27 mi-2
£1,50004/240.28 miClaire Court, Cheshunt, EN82
£1,40004/240.28 miSpringfield Road, Cheshunt2
£1,95009/240.29 mi-2
£1,59903/250.31 mi-2
£1,60012/240.31 mi-2
£1,45004/240.35 miWindmill Lane, Waltham Cross, EN82
£1,72504/250.36 mi-2
£1,67503/250.39 mi-2
£1,70004/250.4 mi-2
£1,50004/240.41 miAkers Court, High Street, Waltham Cross2
£1,60004/240.41 miSouthgate House, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire, EN8 9DA2
£1,85012/240.42 mi-2
£1,65003/250.43 mi-2
£1,45004/250.44 mi-2
£1,50003/240.44 miTrinity House, Trinity Lane, Waltham Cross2
£1,85003/250.49 mi-2
£1,85003/250.5 mi-2
£1,90003/250.5 mi-2
£1,90003/250.5 mi-2
£1,60004/240.52 miClifton Close, Cheshunt2
£1,65004/250.55 mi-2
£1,35004/250.55 mi-2
£1,49511/230.58 mi-2
£1,60004/250.58 mi-2
£1,60003/240.62 miSwanfield Road, Waltham Cross, EN8 7FG2
£1,55011/230.62 mi-2
£1,95002/240.62 mi-2
£1,60002/240.62 mi-2
£1,50004/240.62 miBurlington House, Swanfield Road, Waltham Cross2
£1,55005/240.62 miBurlington House, Swanfield Road, Waltham Cross, Hertfordshire, EN8 7FG2

Local Area Statistics

Population in EN8

35,758

Population in Waltham Cross

57,688

Town centre distance

1.07 miles away

Nearest school

0.20 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £260,000

December 26, 2024

Floor Plans

Description

  • Two bedrooms +
  • Allocated parking +
  • New lease +
  • First floor apartment +
  • Spacious throughout +
  • Well placed for local shops and transport links +

SUMMARY
William H Brown are delighted to bring to the market this spacious, chain free two bedroom first floor apartment situated in a popular residentical location within Cheshunt. An early viewing is a must!

DESCRIPTION
William H Brown are delighted to bring to the market this spacious, chain free two bedroom first floor apartment situated in a popular residentical location within Cheshunt. Offered in good condition, and to be sold with a brand new lease, this apartment comprises two good sized bedrooms, a living room, family bathroom and a kitchen. The property benefits from allocated parking and is well placed for local shops, transport links and schools. An early viewing is a must!

 

Accommodation Comorises Of: 

Entrance Hall 
Radiator, two storage cupboards.

Lounge  16' 8" max x 10' 11" max ( 5.08m max x 3.33m max )
Double glazed window to rear aspect, electric heater.

Kitchen 7' 9" x 7' 3" ( 2.36m x 2.21m )
Double glazed window to rear aspect, a range of wall and base units with complimenting worktops, part tiled walls, laminate floor, plumbing for washing machine, space for cooker.

Bedroom 1  13' 2" x 8' 7" ( 4.01m x 2.62m )
Double glazed window to rear aspect, electric heater, fitted wardrobe.

Bedroom 2  9' x 7' 3" ( 2.74m x 2.21m )
Double glazed window to rear aspect, built in wardrobe.

Bathroom  
Paneled bath, tiled floor, tiled walls, wc, wash hand basin.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Broxbourne

01992 662137

Next Steps?

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