2 Bed Flat, Single Let, Buckhurst Hill, IG9 6AJ, £375,000

Kelvedon House, Buckhurst Hill, IG9 6AJ - 3 months ago

Leasehold
BTL
~67 m²
+7 photos

ValuationUndervalued

Sold Prices£265K - £710K
Sold Prices/m²£4K/m² - £8.5K/m²

 

 

Square Metres

~67.30 m²
Price/m²£5.6K/m²

Value Estimate

£386,352
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£26,200

Total Cash In

£119,950

 

 

Cash Out

 

Rent Range

£1,400 - £2,600

Rent Estimate

£1,459

Running Costs/mo

£1,484

Cashflow/mo

£-25

Cashflow/yr

£-296

Gross Yield

5%

Local Sold Prices

49 sold prices from £265K to £710K, average is £342K. £4K/m² to £8.5K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£360K06/210.18 miFlat 27, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£342K01/210.18 miFlat 15, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£342K06/210.18 miFlat 35, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£352.5K03/230.18 miFlat 34, Hubbard Court, Valley Hill, Loughton, Essex IG10 3BH2
£340K12/200.42 mi5, Avondale Close, Loughton, Essex IG10 3DH2
£310K03/210.46 mi35, Cheltenham Gardens, Loughton, Essex IG10 3AW2
£411K06/210.46 mi12, Russell Road, Buckhurst Hill, Essex IG9 5QJ2
£710K12/200.55 miFlat 11, Roebuck Heights, North End, Buckhurst Hill, Essex IG9 5RF2
£337.5K01/230.56 mi22, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£395K07/230.56 mi90, Lower Park Road, Loughton, Essex IG10 4NE2
£310K12/200.57 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£305K11/200.57 mi30, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£310K12/200.57 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£320K08/220.57 mi32, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£315K03/230.57 mi66, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£465K06/210.57 miFlat 6, George Court, Kings Place, Buckhurst Hill, Essex IG9 5HR2
£395K07/210.61 mi73, Westbury Lane, Buckhurst Hill, Essex IG9 5PH2
£335K09/210.61 mi24, Valley Close, Loughton, Essex IG10 3AB2
£370K07/230.62 mi3, Valley Close, Loughton, Essex IG10 3AB2
£355K12/200.62 miFlat 70, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SQ2
£415K12/200.63 miFlat 22, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£320K06/210.64 miFlat 21, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£415K02/230.66 mi18, Algers Close, Loughton, Essex IG10 4NH2
£385K06/210.66 mi6, Algers Close, Loughton, Essex IG10 4NH2
£400K02/230.69 mi7, Algers Road, Loughton, Essex IG10 4NQ2
£410K03/230.7 mi1, Algers Mead, Loughton, Essex IG10 4NJ2
£419.5K01/210.7 mi3a, Lower Park Road, Loughton, Essex IG10 4NB2
£360K06/210.74 miFlat 41, Carlton House, Algers Road, Loughton, Essex IG10 4RS2
£395K11/200.74 miFlat 51, Carlton House, Algers Road, Loughton, Essex IG10 4RS2
£265K10/220.75 miFlat 29, St James Gate, Palmerston Road, Buckhurst Hill, Essex IG9 5NJ2
£295K07/230.75 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£290K11/200.75 mi29a, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£265K02/210.75 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£370K01/210.76 mi10, Meadow Road, Loughton, Essex IG10 4HX2
£462.5K06/210.76 miFlat 13, Collins Court, Lower Park Road, Loughton, Essex IG10 4NL2
£345K02/230.79 miFlat 27, Block A, Ardmore Lane, Buckhurst Hill, Essex IG9 5RY2
£325K06/210.79 miFlat 6, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2
£325K01/210.79 miFlat 4, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2
£495K11/220.79 mi1, Wimborne Close, Buckhurst Hill, Essex IG9 5DN2
£283K06/210.91 mi99, River Way, Loughton, Essex IG10 3LN2
£350K06/210.91 mi145, River Way, Loughton, Essex IG10 3LN2
£320K01/210.92 mi134, River Way, Loughton, Essex IG10 3LL2
£317.5K10/200.92 mi126, River Way, Loughton, Essex IG10 3LL2
£343K02/210.92 mi109, River Way, Loughton, Essex IG10 3LN2
£280K12/200.96 mi31, Barncroft Road, Loughton, Essex IG10 3EY2
£323K04/210.96 mi4, Barncroft Road, Loughton, Essex IG10 3EY2
£305K04/210.96 mi11, Barncroft Road, Loughton, Essex IG10 3EY2
£340K12/220.96 mi31, Barncroft Road, Loughton, Essex IG10 3EY2
£310K02/210.96 mi22, Barncroft Road, Loughton, Essex IG10 3EY2

Local Rents

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

RentDateDistanceAddressBeds 
£1,80004/240 mi-2
£1,80003/250 mi-2
£1,80004/240.18 miValley Hill, Loughton, Essex, IG102
£2,00008/240.4 miPalace Gardens, Buckhurst Hill, IG92
£1,80004/240.4 miAlfred Road, Buckhurst Hill, IG92
£1,50006/240.41 miRoebuck Lane, Buckhurst Hill, IG92
£1,60006/240.42 mi-2
£2,20007/240.42 miBeatrice Court, Buckhurst Hill, Essex, IG92
£1,75001/250.42 mi-2
£1,40004/240.46 mi-2
£2,20001/240.46 miVictoria Road, Buckhurst Hill, Essex, IG92
£1,80001/250.48 mi-2
£1,59505/240.48 miBuckhurst Hill2
£2,60004/240.49 mi-2
£1,95004/240.5 miMountbatten Court, Buckhurst Hill2
£2,00001/240.51 miLower Queens Road, Buckhurst Hill, Essex, IG92
£2,00007/240.51 miThe Atrium, Lower Queens Road, IG92
£2,00008/240.51 miThe Atrium. Buckhurst Hill, IG92
£1,85008/240.51 miLower Queens Road, Buckhurst Hill, IG92
£2,00008/240.51 miLower Queens Road, Buckhurst Hill, IG92
£1,55005/240.51 miBuckhurst Hill2
£1,75004/240.53 miTewkesbury Close, Loughton, IG102
£1,49507/240.55 miCascade Road, Buckhurst Hill, IG92
£1,60004/240.56 miLower Park Road 2
£1,62508/240.56 miCedar Close, Buckhurst Hill, IG92
£1,57508/240.57 miCedar Close, Buckhurst Hill2
£2,20004/240.57 mi-2
£1,60007/240.57 miQueens Road, Buckhurst Hill2
£1,65007/240.58 miCedar Close, Buckhurst Hill2
£1,90003/250.58 mi-2
£1,60004/240.59 miIbrox Court, IG92
£1,69504/240.59 mi-2
£1,80004/240.59 mi-2
£1,80004/250.59 mi-2
£1,85008/240.59 mi83 Queens Road, Buckhurst Hill, IG92
£1,80004/240.62 mi-2

Local Area Statistics

Population in IG9

12,744

Population in Buckhurst Hill

12,817

Town centre distance

0.73 miles away

Nearest school

0.40 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Price changed to £375,000

March 24, 2025

Listed for £390,000

January 20, 2025

Floor Plans

Description

  • Long lease (173 years remaining) +
  • No Onward Chain +
  • Private Balcony +
  • Top floor +
  • Two Double Bedrooms +
  • Ground floor storage lockup measure approximately 6ft long, 8ft high, 3ft wide +

Offered to the market with no onward chain is this fantastic two double bedroom, top floor apartment that has beautiful views from its own private balcony.

Positioned on the third floor, the accommodation comprises entrance hall with two storage cupboards, a bright and spacious reception room with access to the private balcony, a separate kitchen with base and wall units and fitted appliances including microwave and wine cooler, master bedroom with full-width built-in wardrobes, second double bedroom and a modern bathroom with separate WC.

Additional features include secure entry phone system, double glazing, gas central heating and a storage lockup on the ground floor as you enter the building.

Kelvedon House is well positioned on Loughton Way, being within walking distance to Buckhurst Hill central line station as well as all of the local amenities found on Queens Road.

Council Tax Band: C
Tenure: Leasehold (173 years)
Ground Rent: £10 per year
Service Charge: £1,200 per year

The information provided about this property are set out as a general outline for guidance and do not represent or form part of an offer or contract, nor may it be regarded as representations.
Whilst Alter&Cope uses reasonable endeavours to ensure that the information provided is materially correct, some of the information is provided from third parties and has not been verified by us. All interested parties should not rely on this information as a statement or representation of fact, but must verify accuracy themselves by their own inspection, searches, enquiries, surveys or otherwise as to the accuracy and completeness.
Your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
The tenure/lease, service change and ground rent information are subject to change, and the information we have supplied was provided by the seller at the time of instruction.
Alter&Cope have not tested any appliances, fixtures and fittings or services. All dimensions noted on the floor plan are approximate and quoted for guidance only and their accuracy cannot be confirmed.

Agent Details

Alter & Cope, London

020 3834 8554

Next Steps?

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