2 Bed Flat, Single Let, Woodford Green, IG8 0SL, £350,000

475 High Road, Woodford Green, Essex, IG8 0XE - 2 views - 3 months ago

Sold STC
BTL
ROI: 1%
~68 m²
+4 photos

ValuationFair Value

Sold Prices£245K - £775K
Sold Prices/m²£3.7K/m² - £8.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£355,249

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

£1,450 - £2,650

Rent Estimate

£1,513

Running Costs/mo

£1,416

Cashflow/mo

£97

Cashflow/yr

£1,160

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £245K to £775K, average is £350K. £3.7K/m² to £8.6K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£335K03/210.03 mi38, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£375K08/210.03 mi47, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£307K07/230.03 mi44, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£350K11/200.03 mi56, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£320K04/230.06 mi19, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£370K02/210.06 mi22, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£430K12/220.06 mi23, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£350K03/210.2 miApartment 15, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£340K05/210.2 miApartment 6, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£375K06/210.31 mi28, The Albany, Woodford Green, Greater London IG8 0TJ2
£347K10/210.34 mi7, Savill Row, Woodford Green, Greater London IG8 0UH2
£400K10/220.38 mi33, Chingford Lane, Woodford Green, Greater London IG8 9QT2
£245K09/210.38 mi67, Chingford Lane, Woodford Green, Greater London IG8 9QT2
£356K03/210.4 mi169a, Whitehall Road, Woodford Green, Greater London IG8 0RH2
£370K02/230.42 mi43, Snakes Lane West, Woodford Green, Greater London IG8 0DE2
£358K11/200.49 mi55, Glengall Road, Woodford Green, Greater London IG8 0DN2
£760K05/210.53 mi27, Higham Road, Woodford Green, Greater London IG8 9JN2
£535K03/210.59 mi20, Ashdon Close, Woodford Green, Greater London IG8 0EF2
£417.4K04/210.65 mi154, Forest Glade, London, Greater London E4 9RJ2
£325K05/210.65 mi30, Tamar Square, Woodford Green, Greater London IG8 0EA2
£330K12/200.65 mi27, Tamar Square, Woodford Green, Greater London IG8 0EA2
£775K06/210.68 mi1a, Waterhall Avenue, London, Greater London E4 6NB2
£455K02/230.7 mi690, High Road, Buckhurst Hill, Greater London IG9 5HN2
£300K12/220.78 mi92a, Snakes Lane East, Woodford Green, Greater London IG8 7HX2
£380K03/210.79 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£380K03/210.79 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£310K12/220.79 mi6, Chadwick Avenue, London, Greater London E4 6NE2
£365K01/230.8 miFlat 11, Larkswood Court, The Avenue, London, Greater London E4 9SF2
£328.1K02/230.8 miFlat 4, Larkswood Court, The Avenue, London, Greater London E4 9SF2
£265K02/210.86 mi63, Hatch Lane, London, Greater London E4 6LP2
£365K06/210.87 miFlat 10, Briarview Court, Handsworth Avenue, London, Greater London E4 9PQ2
£320K02/210.87 miFlat 42, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2
£408K09/220.87 miFlat 43, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2
£350K07/230.89 mi19, Arbor Road, London, Greater London E4 6LJ2
£350K03/210.89 mi25, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP2
£305K06/210.89 mi53, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP2
£341K01/210.89 mi8, Castle Avenue, London, Greater London E4 9QD2
£390K12/220.89 mi30, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£341K11/210.89 mi32, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£370K11/210.89 mi64, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£345K10/220.91 mi38, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£320K05/210.91 miFlat 46, Seymour Court, Whitehall Road, London, Greater London E4 6DZ2
£330K12/210.91 mi98, St Barnabas Road, Woodford Green, Greater London IG8 7DE2
£375K11/200.91 mi108, St Barnabas Road, Woodford Green, Greater London IG8 7DE2
£400K05/210.92 mi4, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6EX2
£415K12/220.92 mi1, Richmond Avenue, Highams Park, London, Greater London E4 9RR2
£349.5K04/230.94 mi51e, Handsworth Avenue, London, Greater London E4 9PF2
£495K11/220.96 mi1, Wimborne Close, Buckhurst Hill, Essex IG9 5DN2
£336K04/210.97 mi5, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£310K06/210.97 mi31, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2

Local Rents

32 rents from £1.4K/mo to £2.6K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,72502/240.11 miSunset Avenue, Woodford Green2
£2,60004/240.14 miSunset Avenue, Woodford Green, Essex, IG82
£2,60004/240.14 miSunset Avenue, Woodford Green2
£1,85004/240.17 miHigh Road, Woodford Green, IG82
£1,80011/240.18 mi-2
£2,25004/240.22 miHighbeam Woodford Green2
£2,25001/250.22 mi-2
£1,75001/240.28 mi-2
£1,70001/250.28 mi-2
£1,70011/240.28 mi-2
£2,20012/240.29 mi-2
£1,95012/240.31 mi-2
£2,25005/240.33 miRegents Drive, Woodford Green, Essex, IG82
£1,75005/240.37 miWhitehall Road, Woodford Green2
£1,75004/240.37 miWhitehall Road, Woodford Green2
£1,70012/240.37 mi-2
£1,90012/240.39 mi-2
£1,65012/240.39 mi-2
£1,75012/240.4 mi-2
£1,75004/240.4 miWhitehall Road, Woodford Green IG82
£1,80003/250.41 mi-2
£1,75003/240.41 miWhitehall Road, Woodford Green, IG82
£1,70005/240.44 miGlengall Road, Woodford Green2
£1,59505/240.44 miWoodford Green, IG82
£1,55012/240.46 mi-2
£1,80012/240.47 mi-2
£1,45004/240.49 miGlengall Road, Woodford Green2
£1,60004/240.53 miGlengall Road, Woodford Green2
£1,50005/240.53 miGlengall Road, Woodford Green2
£1,85006/240.53 miGlengall Road, Woodford Green, IG82
£1,67512/240.54 mi-2
£2,65005/240.6 miEton Heights, Whitehall Road, Woodford Green2

Local Area Statistics

Population in IG8

35,894

Town centre distance

0.70 miles away

Nearest school

0.10 miles away

Nearest train station

0.72 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £350,000

January 15, 2025

Floor Plans

Description

  • CHAIN FREE +
  • Guide Price £350,000 - £375,000 +
  • Two Bedrooms +
  • Ground Floor +
  • Large Balcony +
  • Large Four-Piece Family Bathroom +
  • Spacious Lounge/Diner +
  • Security Phone Entrance System +
  • Allocated Car Parking Space +
  • Close to Epping Forest +

Set back off popular Sunset Avenue is this large 2 bedroom GROUND floor apartment located in a desirable development. The property is sold chain free and benefits include a long lease remaining, balcony, allocated parking and communal gardens.

*Guider Price £350,000 - £375,000*

Rare to the market is this spectacular two bedroom located just off of the highly sought Sunset Avenue making it ideal for easy access to the forest Woodland and beyond. The property itself is located on the ground floor and offers spacious accommodation throughout with its entrance hallway, lounge-diner with a balcony and master bedroom with fitted wardrobes. There is a further double bedroom, fitted kitchen and large four-piece family bathroom.

This unique apartment has many features including private allocated parking, beautiful communal gardens, long lease remaining and is sold chain free.

Parkmore Close is widely known as one of Woodford's sought after developments and is nestled in the middle of Sunset Avenue and Sydney Road. This gives you direct access into the forest, whilst still being close to Woodford High Road amenities. Woodford Central Line station is only a short walk away and the property also benefits from having many restaurants on its doorstep, such as the Italian Bel Sit, Miller & Carter, Mezze and Prezzo. Being so close to all what Woodford can offer, whilst being so close to open green spaces and transport facilities really makes Parkmore Close, Sunset Avenue an attractive place to live.

Property Information / Disclaimer - Share of Freehold
Lease Length: 980 years remaining approx.
Service Charge: £1660 per annum approx.
Ground Rent: £5 per annum approx.

EPC Rating: C
Council Tax Band: D (Redbridge)

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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