3 Bed Terraced House, Planning Permission, Loughton, IG10 2JF, £400,000

Goldingham Avenue, Loughton, IG10 2JF - 3 views - 3 months ago

Planning
ROI: 2%
~93 m²
+15 photos

ValuationUndervalued

Sold Prices£320K - £560K
Sold Prices/m²£3K/m² - £7.7K/m²

 

 

Square Metres

~93 m²
Price/m²£4.3K/m²

Value Estimate

£466,458
BMV17%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Total Cash In

£120,700

 

 

Cash Out

 

Rent Range

£1,800 - £2,600

Rent Estimate

£1,863

Running Costs/mo

£1,643

Cashflow/mo

£220

Cashflow/yr

£2,645

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £320K to £560K, average is £453.5K. £3K/m² to £7.7K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£495K06/210.03 mi26, Goldingham Avenue, Loughton, Essex IG10 2JF3
£405K06/210.03 mi21, Goldingham Avenue, Loughton, Essex IG10 2JF3
£400K12/220.03 mi17, Goldingham Avenue, Loughton, Essex IG10 2JF3
£410K06/210.04 mi15, Brady Avenue, Loughton, Essex IG10 2JG3
£435K12/200.08 mi98, Colebrook Lane, Loughton, Essex IG10 2HN3
£548K02/210.09 mi4, Hanson Close, Loughton, Essex IG10 2EE3
£465K11/200.09 mi12, Hanson Close, Loughton, Essex IG10 2EE3
£412.5K08/210.1 mi44, Mannock Drive, Loughton, Essex IG10 2JD3
£485K10/210.11 mi21, Hanson Drive, Loughton, Essex IG10 2ED3
£507.7K06/210.12 mi24, Hanson Drive, Loughton, Essex IG10 2EB3
£461K05/210.12 mi38, Hanson Drive, Loughton, Essex IG10 2EB3
£480.5K02/230.12 mi32, Hanson Drive, Loughton, Essex IG10 2EB3
£405K12/200.15 mi160, Chester Road, Loughton, Essex IG10 2LY3
£525K01/230.15 mi182, Chester Road, Loughton, Essex IG10 2LY3
£435K06/210.16 mi43, Burney Drive, Loughton, Essex IG10 2DX3
£320K12/200.16 mi133, Colebrook Lane, Loughton, Essex IG10 2HP3
£517K05/210.17 mi40, Mannock Drive, Loughton, Essex IG10 2JB3
£445K06/210.17 mi119, Burney Drive, Loughton, Essex IG10 2DY3
£415K03/210.18 mi101, Burney Drive, Loughton, Essex IG10 2DY3
£370K06/210.2 mi18, Appleton Road, Loughton, Essex IG10 2HH3
£350K04/210.2 mi1, Appleton Road, Loughton, Essex IG10 2HH3
£425K04/210.21 mi22, Grosvenor Drive, Loughton, Essex IG10 2LH3
£463K04/210.21 mi20, Grosvenor Drive, Loughton, Essex IG10 2LH3
£525K12/220.22 mi3, Cedar Drive, Loughton, Essex IG10 2PA3
£390K02/210.23 mi8, Collard Avenue, Loughton, Essex IG10 2EH3
£547.5K07/230.23 mi53, Pyrles Lane, Loughton, Essex IG10 2NL3
£520K12/200.23 mi61, Pyrles Lane, Loughton, Essex IG10 2NL3
£560K06/230.23 mi49, Jessel Drive, Loughton, Essex IG10 2ET3
£465K05/230.24 mi45, Audley Gardens, Loughton, Essex IG10 2EN3
£513K05/210.24 mi1, Pyrles Lane, Loughton, Essex IG10 2NW3
£510K06/210.24 mi43, Pyrles Lane, Loughton, Essex IG10 2NW3
£422.5K11/200.24 mi35, Grosvenor Drive, Loughton, Essex IG10 2JX3
£400K05/210.25 mi40, Grosvenor Drive, Loughton, Essex IG10 2LG3
£515K12/220.25 mi112, Jessel Drive, Loughton, Essex IG10 2EQ3
£510K01/230.25 mi1, Beech Close, Loughton, Essex IG10 2PH3
£520K07/210.26 mi5, Beech Close, Loughton, Essex IG10 2PH3
£390K03/210.26 mi236, Willingale Road, Loughton, Essex IG10 2BX3
£400K06/210.27 mi45, Harvey Gardens, Loughton, Essex IG10 2AD3
£440K06/230.28 mi58, Etheridge Road, Loughton, Essex IG10 2HY3
£438K09/210.28 mi8, Mowbrey Gardens, Loughton, Essex IG10 2EU3
£530K11/200.28 mi17, Hillyfields, Loughton, Essex IG10 2JT3
£505K11/220.29 mi22, Coteford Close, Loughton, Essex IG10 2NT3
£395K06/210.31 mi65, Audley Gardens, Loughton, Essex IG10 2EW3
£332.5K03/210.31 mi44, Audley Gardens, Loughton, Essex IG10 2EW3
£430K02/210.31 mi51, Audley Gardens, Loughton, Essex IG10 2EW3
£457K04/210.31 mi71, Audley Gardens, Loughton, Essex IG10 2EW3
£450K05/210.31 mi57, Audley Gardens, Loughton, Essex IG10 2EW3
£490K06/210.32 mi30, Cleland Path, Loughton, Essex IG10 2JZ3
£440K03/230.33 mi211, Englands Lane, Loughton, Essex IG10 2NU3
£548K08/210.34 mi35, Hillyfields, Loughton, Essex IG10 2PT3

Local Rents

15 rents from £1.8K/mo to £2.6K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,95005/240.03 mi-3
£1,95004/240.03 miGoldingham Avenue, Loughton, IG103
£2,30002/250.18 mi-3
£2,00004/240.22 mi-3
£1,90003/250.22 mi-3
£1,90002/250.23 mi-3
£2,00004/240.23 miJessel Drive, Loughton IG103
£1,80004/240.36 miWillingale Road, Loughton, IG103
£2,55004/240.38 miNewmans Lane, Loughton, IG103
£1,80005/240.42 mi-3
£2,49511/240.43 mi-3
£2,00001/240.46 miThe Broadway, Loughton, Essex, IG103
£2,30004/240.49 mi-3
£2,20004/240.54 miKingsley Road, Loughton, IG103
£2,60004/240.6 miGoldings Road, Loughton, IG103

Local Area Statistics

Population in IG10

31,513

Population in Loughton

31,515

Town centre distance

1.14 miles away

Nearest school

0.20 miles away

Nearest train station

0.71 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £400,000

January 19, 2025

Floor Plans

Description

  • Chain Free +
  • Large Garden +
  • Good Transport Links +
  • Kitchen Diner +
  • Living Room +
  • Two Bedrooms +
  • Family Bathroom +

Chain Free - Large Garden - Good Transport Links - Kitchen Diner - Living Room - Two Bedrooms - Family Bathroom

Offered with no onward chain this two bedroom home could be ideal for growing families or investors alike.

The spacious kitchen diner creates a place to prepare and serve meals whilst also providing storage solutions and direct access to the garden. A large living room could be the room to relax in after a long day and completes the ground floor.

Upstairs two bedrooms, both with built in storage, are complemented by a contemporary family bathroom.

Externally the property boasts a paved, walled front garden and side access. The good sized rear garden offers a space to enjoy al fresco meals with friends and family and currently features a shed.

Ideally located for local shops, amenities and well regarded schools the property also benefits from the beautiful and expansive Epping Forest which provides an abundance of open green spaces and woodlands for exploring the great outdoors. It has excellent transport links including M25, M11 and Debden's Central Line station offering direct access to Central London.

Contact Durden and Hunt for a viewing!

Council Tax C Epping Forest

Consumer Protection from Unfair Trading Regulations 2008. Misrepresentations Act 1967. Property Misdescriptions Act 1991.

These details are prepared as a general guide only and should not be relied upon as a basis to enter a legal contract or to commit expenditure. The sales particulars may change in the course of time and any interested party is advised to make a final inspection of the property prior to exchange of contracts or signing of a tenancy agreement. Durden & Hunt have not tested any apparatus, equipment, fixtures and fittings or services. Items shown in photographs are not necessarily included. On occasion photographs may be owner supplied. On most occasions features and facilities of a property are owner advised and potential buyers/tenants are advised to confirm these. Please note that service charge, ground rent and lease lengths are subject to change, and the information we have supplied was true at time of instruction. References to the tenure, lease length, ground rent and service charges for any property are based on information supplied by the seller, buyers are advised to obtain verification of these stated figures from their solicitor before purchasing. Any mention of planning potential or planning permission is based on the current owners opinion, a potential buyer should assume that this is a speculative opinion only and is not based on planning permission being granted or professional advice, unless otherwise stated. Any reference to distance to stations, amenities or schools are taken from portal estimated distances, buyers are advised to do their own research on distances. Buyers/Tenants must check the availability of any property and make an appointment to view before embarking on any journey to see a property. Durden & Hunt are a proud member of The Property Ombudsmen.

Agent Details

Durden & Hunt, Loughton

020 3840 3855

Next Steps?

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