2 Bed Flat, Single Let, Loughton, IG10 3LW, £300,000

Lower Alderton Hall Lane, Loughton, IG10 3LW - 2 views - 3 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£170K - £475K
Sold Prices/m²£2.3K/m² - £7.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£372,088
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,400 - £2,500

Rent Estimate

£1,581

Running Costs/mo

£1,274

Cashflow/mo

£307

Cashflow/yr

£3,688

ROI

4%

Gross Yield

6%

Local Sold Prices

48 sold prices from £170K to £475K, average is £324K. £2.3K/m² to £7.8K/m², average is £5.5K/m².

PriceDateDistanceAddressBeds 
£280K12/200.09 mi31, Barncroft Road, Loughton, Essex IG10 3EY2
£323K04/210.09 mi4, Barncroft Road, Loughton, Essex IG10 3EY2
£305K04/210.09 mi11, Barncroft Road, Loughton, Essex IG10 3EY2
£340K12/220.09 mi31, Barncroft Road, Loughton, Essex IG10 3EY2
£310K02/210.09 mi22, Barncroft Road, Loughton, Essex IG10 3EY2
£255K01/210.12 mi84, Longcroft Rise, Loughton, Essex IG10 3ND2
£170K11/200.12 mi86, Longcroft Rise, Loughton, Essex IG10 3ND2
£320K01/210.13 mi134, River Way, Loughton, Essex IG10 3LL2
£317.5K10/200.13 mi126, River Way, Loughton, Essex IG10 3LL2
£343K02/210.14 mi109, River Way, Loughton, Essex IG10 3LN2
£291.5K12/220.15 mi53, Longcroft Rise, Loughton, Essex IG10 3ND2
£283K06/210.15 mi99, River Way, Loughton, Essex IG10 3LN2
£350K06/210.15 mi145, River Way, Loughton, Essex IG10 3LN2
£250K09/210.17 mi98, Highwood Lane, Loughton, Essex IG10 3LX2
£232K06/230.17 mi106, Highwood Lane, Loughton, Essex IG10 3LX2
£241K11/200.2 mi133, Highwood Lane, Loughton, Essex IG10 3LY2
£218K06/230.2 mi154, Highwood Lane, Loughton, Essex IG10 3LY2
£305K06/210.41 mi52, School House Gardens, Loughton, Essex IG10 3PD2
£325K11/200.41 mi24, School House Gardens, Loughton, Essex IG10 3PD2
£290K12/200.42 mi38, Borders Lane, Loughton, Essex IG10 3QU2
£320K01/230.44 mi19, Bryony Close, Loughton, Essex IG10 3PG2
£295K05/230.44 mi20, Bryony Close, Loughton, Essex IG10 3PG2
£315K10/210.44 mi12, Bryony Close, Loughton, Essex IG10 3PG2
£370K07/230.46 mi3, Valley Close, Loughton, Essex IG10 3AB2
£335K09/210.46 mi24, Valley Close, Loughton, Essex IG10 3AB2
£310K03/210.62 mi35, Cheltenham Gardens, Loughton, Essex IG10 3AW2
£340K12/200.63 mi5, Avondale Close, Loughton, Essex IG10 3DH2
£370K01/210.71 mi10, Meadow Road, Loughton, Essex IG10 4HX2
£395K07/230.71 mi90, Lower Park Road, Loughton, Essex IG10 4NE2
£265K03/210.72 mi297a, High Road, Loughton, Essex IG10 1AL2
£265K11/200.72 mi303a, High Road, Loughton, Essex IG10 1AL2
£265K03/210.72 mi297a, High Road, Loughton, Essex IG10 1AL2
£419.5K01/210.76 mi3a, Lower Park Road, Loughton, Essex IG10 4NB2
£335K09/220.79 mi18, York Hill, Loughton, Essex IG10 1RL2
£462.5K06/210.82 miFlat 13, Collins Court, Lower Park Road, Loughton, Essex IG10 4NL2
£400K02/230.83 mi7, Algers Road, Loughton, Essex IG10 4NQ2
£415K02/230.84 mi18, Algers Close, Loughton, Essex IG10 4NH2
£385K06/210.84 mi6, Algers Close, Loughton, Essex IG10 4NH2
£360K06/210.84 miFlat 41, Carlton House, Algers Road, Loughton, Essex IG10 4RS2
£395K11/200.84 miFlat 51, Carlton House, Algers Road, Loughton, Essex IG10 4RS2
£475K06/210.85 mi45, Queens Road, Loughton, Essex IG10 1RR2
£455K02/210.85 mi21, Queens Road, Loughton, Essex IG10 1RR2
£360K06/210.85 miFlat 27, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£342K01/210.85 miFlat 15, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£342K06/210.85 miFlat 35, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£352.5K03/230.85 miFlat 34, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£410K03/230.86 mi1, Algers Mead, Loughton, Essex IG10 4NJ2
£295K11/200.93 mi125, Pyrles Lane, Loughton, Essex IG10 2NH2

Local Rents

41 rents from £1.4K/mo to £2.5K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,00004/240.06 miAcademy Way, Loughton, Essex, IG102
£1,85004/240.06 miAcademy Way, Loughton, Essex, IG102
£1,99505/240.06 miAcademy Way, Loughton, IG102
£1,80004/240.08 miBarncroft Road, Loughton, IG102
£1,60003/240.08 mi-2
£2,10004/240.13 mi-2
£2,10012/240.13 mi-2
£1,60005/240.16 mi-2
£1,70012/240.33 mi-2
£2,00005/240.38 miCherston Road, Loughton, IG102
£2,30005/240.42 miLuctons Close, IG102
£2,35004/240.43 miBorders Lane, Loughton2
£2,20004/250.44 mi-2
£2,10012/240.44 mi-2
£2,50004/240.44 miBorders Lane, Loughton2
£2,20004/240.44 miBorders Lane, Loughton2
£2,10005/240.45 miEpping Gate, Loughton2
£2,20003/250.46 mi-2
£1,75004/240.48 miLuna Court, Newmans Lane, Loughton, IG102
£1,85004/240.49 miLuna Court, Loughton2
£1,55004/240.49 miCollege Close, Loughton, IG102
£2,10004/240.5 miBorders Lane, Loughton, Essex, IG102
£2,10005/240.5 miLuctons Close, Loughton2
£2,20005/240.5 miEpping Gate, Borders Lane, Loughton2
£1,67503/240.5 mi-2
£2,10005/240.51 miEpping Gate, Borders Lane,2
£2,10004/240.51 miBorders Lane, Loughton, Essex, IG102
£2,10004/240.51 miBorders Lane, Loughton, Essex, IG102
£2,10004/240.51 miBorders Lane, Loughton, Essex, IG102
£2,10004/240.51 miBorders Lane, Loughton, Essex, IG102
£2,10005/240.51 miBorders Lane, Loughton, Essex, IG102
£2,00005/240.52 miAcademy Way Epping Gate, Loughton, IG102
£1,99504/240.52 miAcademy Way, Loughton, IG102
£2,00004/240.53 miAcademy Way, Loughton, Essex, IG102
£2,00006/240.54 mi-2
£2,09505/240.55 miAcademy Way, Loughton, IG102
£1,80005/240.57 miAbbess Terrace, Loughton, IG102
£1,90003/250.6 mi-2
£1,70005/240.6 miAbbess Terrace, Loughton2
£1,40004/240.61 mi-2
£1,90005/240.62 miLandmark House, Loughton2

Local Area Statistics

Population in IG10

31,513

Population in Loughton

31,515

Town centre distance

0.74 miles away

Nearest school

0.10 miles away

Nearest train station

0.60 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £300,000

January 17, 2025

Floor Plans

Description

  • Offers in Excess of £300,000 +
  • Two Double Bedrooms +
  • Own Private Entrance +
  • No Onward Chain +
  • Allocated Parking +
  • Brand Newly Extended Lease +
  • Balcony and Communal Gardens +
  • Great Location for Transport & Local Amenities +

Offers in Excess of £300,000 Presidential Estates are pleased to offer the modern spacious two bedroom first floor apartment, located within in easy access of Loughton underground station.

Offered with no on-going chain the property also benefits from secure gated entrance, private balcony, a good size kitchen, bright reception room, master bedroom with fitted wardrobes, spacious second bedroom, a large bathroom suite, gas central heating and double glazing throughout.

Externally this property benefits from a private balcony, communal gardens and allocated parking.

Leasehold Information;

Tenure: Leasehold
Years Remaining: Brand New Lease on Completion
Service Charge Per Month: £130
Council Tax Band: C

Location

Within a few hundred metres is the pleasant Roding Valley Park and nature reserve ideal for walking the dogs and enjoying with the children, with local shops and Loughton tube station also within walking distance. Ideally located close to local shops, schools and amenities as well as excellent transport links of M11, M25, Loughton and Debden tube stations.

Disclaimer. Reasonable endeavours have been made to ensure that the information given in these particulars is materially correct, but any intending purchaser should satisfy themselves by inspection, searches, enquiries, and survey as to the correctness of each statement.

Agent Details

Presidential Estates, Loughton

020 3834 8400

Next Steps?

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