3 Bed Terraced House, Single Let, Loughton, IG10 3JW, £425,000

Parkmead, Loughton, IG10 3JW - 2 views - 3 months ago

Sold STC
BTL
ROI: 2%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£275K - £1.1M
Sold Prices/m²£3K/m² - £6.9K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£520,850
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£625 - £2,550

Rent Estimate

£2,000

Running Costs/mo

£1,748

Cashflow/mo

£252

Cashflow/yr

£3,023

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £275K to £1.1M, average is £457.5K. £3K/m² to £6.9K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£410K05/210 mi20, Parkmead, Loughton, Essex IG10 3JW3
£415K09/210.04 mi23, Poundfield Road, Loughton, Essex IG10 3JN3
£487K11/220.04 mi51, Poundfield Road, Loughton, Essex IG10 3JN3
£490K05/230.07 mi80, Chequers Road, Loughton, Essex IG10 3QQ3
£550K06/210.07 mi48, Alderton Hall Lane, Loughton, Essex IG10 3HE3
£450K03/210.09 mi85, Chequers Road, Loughton, Essex IG10 3QF3
£440K06/210.09 mi91, Chequers Road, Loughton, Essex IG10 3QF3
£520K04/230.09 mi89, Chequers Road, Loughton, Essex IG10 3QF3
£445K05/230.11 mi8, Deepdene Road, Loughton, Essex IG10 3PU3
£465K11/200.11 mi33, Greenfields, Loughton, Essex IG10 3HF3
£450K08/230.14 mi1, Deepdene Path, Loughton, Essex IG10 3PT3
£475K12/220.16 mi16, Deepdene Path, Loughton, Essex IG10 3PS3
£450K04/230.17 mi14, Honeycroft, Loughton, Essex IG10 3PR3
£646K01/230.17 mi22, Honeycroft, Loughton, Essex IG10 3PR3
£315K05/210.18 mi38, Longcroft Rise, Loughton, Essex IG10 3NB3
£600K12/220.19 mi7, Alderton Rise, Loughton, Essex IG10 3HL3
£435K12/200.2 mi8, Colson Gardens, Loughton, Essex IG10 3RE3
£490K02/230.2 mi22, Colson Gardens, Loughton, Essex IG10 3RE3
£410K11/220.2 mi35, Barfields, Loughton, Essex IG10 3JH3
£655K04/210.21 mi12, Alderton Rise, Loughton, Essex IG10 3HL3
£300K04/210.21 mi62, Monksgrove, Loughton, Essex IG10 3LR3
£385K03/210.23 mi12, Cherston Gardens, Loughton, Essex IG10 3PN3
£275K11/200.23 mi57, Highwood Lane, Loughton, Essex IG10 3LU3
£440K04/210.23 mi107, Colson Road, Loughton, Essex IG10 3RF3
£400K03/230.24 mi44, Highwood Lane, Loughton, Essex IG10 3LU3
£447K06/210.25 mi42, Barfields, Loughton, Essex IG10 3JF3
£500K12/220.27 mi7, Colson Path, Loughton, Essex IG10 3QZ3
£425K12/200.27 mi164, Colson Road, Loughton, Essex IG10 3RA3
£470K09/210.28 mi20, School House Gardens, Loughton, Essex IG10 3PD3
£465K09/210.28 mi6, The Hawthorns, Loughton, Essex IG10 3QT3
£440K11/200.32 mi7, Maybury Close, Loughton, Essex IG10 3PF3
£566K01/210.32 mi21, Alderton Way, Loughton, Essex IG10 3EQ3
£435K10/200.32 mi24, Lushes Road, Loughton, Essex IG10 3QB3
£420K06/210.32 mi32, Lushes Road, Loughton, Essex IG10 3QB3
£500K02/210.33 mi87, Oakwood Hill, Loughton, Essex IG10 3EP3
£525K01/210.36 mi1, St Nicholas Place, Loughton, Essex IG10 1BF3
£500K12/220.39 mi45, River Way, Loughton, Essex IG10 3LJ3
£561.5K10/210.39 mi31, River Way, Loughton, Essex IG10 3LJ3
£1.1M05/230.41 mi10, Spareleaze Hill, Loughton, Essex IG10 1BT3
£470K10/200.41 mi53, Stonards Hill, Loughton, Essex IG10 3EH3
£605K12/200.41 mi22, Stonards Hill, Loughton, Essex IG10 3EG3
£405K04/210.42 mi11, Ladyfields, Loughton, Essex IG10 3RR3
£555K07/230.42 mi33, Oakwood Hill, Loughton, Essex IG10 3EW3
£430K04/230.45 mi166, Borders Lane, Loughton, Essex IG10 3RZ3
£375K06/210.46 mi39, Newmans Lane, Loughton, Essex IG10 1TW3
£416K06/230.46 mi4, Colson Road, Loughton, Essex IG10 3RN3
£415K10/200.46 mi2, Colson Road, Loughton, Essex IG10 3RN3
£550K12/220.47 mi1, Southview Road, Loughton, Essex IG10 3LG3
£495K02/210.47 mi4, Chigwell Lane, Loughton, Essex IG10 3RW3
£580K11/220.48 mi4, Southview Road, Loughton, Essex IG10 3LG3

Local Rents

18 rents from £625/mo to £2.5K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,20003/250.09 mi-3
£2,10005/240.15 miDeepdene Path, Loughton, IG103
£1,75004/250.17 mi-3
£62504/250.17 mi-3
£2,25004/240.18 miHoneycroft, Loughton, IG103
£2,25005/240.18 miHoneycroft, Loughton, IG103
£2,19505/240.31 miBryony Close, Loughton3
£2,10006/240.31 mi-3
£2,20003/250.31 mi-3
£2,19504/240.31 miBryony Close, Loughton, IG103
£2,10005/240.31 miBryony Close, Loughton, IG103
£1,85005/240.31 miMaybury Close, Loughton, IG103
£2,15005/240.33 mi-3
£2,30004/240.45 mi-3
£1,90003/250.48 mi-3
£2,30004/240.49 mi-3
£2,00005/240.51 miRoding Road, Loughton3
£2,55004/240.57 miNewmans Lane, Loughton, IG103

Local Area Statistics

Population in IG10

31,513

Population in Loughton

31,515

Town centre distance

0.71 miles away

Nearest school

0.10 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £425,000

January 14, 2025

Floor Plans

Description

  • GUIDE PRICE £425,000 - £450,000 +
  • Three bedroom END OF TERRACE house +
  • 19ft lounge and 15ft kitchen diner +
  • Ground floor W/C  +
  • OFF STREET PARKING +
  • Potential to extend (subject to usual consents) +
  • Close proximity to Loughton and Debden train stations +

OPEN HOUSE 25TH JAN - BY APPT ONLY - GUIDE PRICE £425,000 - £450,000 - Three bedroom END OF TERRACE house with NO ONWARD CHAIN.  The property comprises of 19ft lounge, 15ft kitchen diner and W/C to the ground floor, with three bedrooms, bathroom and separate W/C to the first.  Features include 61ft rear garden with side access and OFF STREET PARKING.  Potential to extend (subject to usual consents)  The location is fantastic, within walking distance of the station offering you the freedom of being able to commute in and out of London swiftly and easily.  Picking up last minute essentials is also convenient, The Broadway has a Sainsbury’s, Icelands, traditional butcher and gym. The information provided about this property does not constitute or form part of an offer or contract, nor may be 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

The Good Estate Agent, National

01303 761722

Next Steps?

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