2 Bed Flat, Single Let, Waltham Cross, EN8 7ED, £275,000

High Street, Waltham Cross, Hertfordshire, EN8 7ED - 3 views - 3 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£168K - £310K
Sold Prices/m²£3.7K/m² - £5.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£311,541
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£11,100

Total Cash In

£79,850

 

 

Cash Out

 

Rent Range

£1,250 - £2,000

Rent Estimate

£1,339

Running Costs/mo

£1,147

Cashflow/mo

£192

Cashflow/yr

£2,302

ROI

3%

Gross Yield

6%

Local Sold Prices

40 sold prices from £168K to £310K, average is £250K. £3.7K/m² to £5.3K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£279.5K02/230.02 miFlat 10, Akers Court, High Street, Waltham Cross, Hertfordshire EN8 7ED2
£240K12/200.04 miFlat 5, Trinity House, Trinity Lane, Waltham Cross, Hertfordshire EN8 7EF2
£227.5K11/200.04 miFlat 30, Trinity House, Trinity Lane, Waltham Cross, Hertfordshire EN8 7EF2
£260K04/210.07 mi42, Cecil Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8TF2
£260K04/210.07 mi42, Cecil Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8TF2
£310K03/230.18 miFlat 7, Parkside, Montayne Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8LS2
£237K04/230.21 miFlat 22, Burlington House, Swanfield Road, Waltham Cross, Hertfordshire EN8 7FG2
£304K04/230.25 mi6a, Royal Avenue, Waltham Cross, Hertfordshire EN8 7QS2
£233K09/210.25 miFlat 17, Sawyers Court, Sturlas Way, Waltham Cross, Hertfordshire EN8 7BJ2
£168K04/210.25 miFlat 33, Sawyers Court, Sturlas Way, Waltham Cross, Hertfordshire EN8 7BJ2
£255K04/210.27 mi11, Dairyglen Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 8JW2
£256K09/210.27 mi7, Dairyglen Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 8JW2
£240K07/210.29 miFlat 3, Pegasus House, Crossbrook Street, Cheshunt, Waltham Cross, Hertfordshire EN8 8JU2
£285K03/210.38 mi24, Eastern Avenue, Waltham Cross, Hertfordshire EN8 7JD2
£222K01/210.39 miFlat 30, Maple Leaf Court, Cross Road, Waltham Cross, Hertfordshire EN8 7HU2
£257.5K11/200.41 mi1, Kelman Close, Waltham Cross, Hertfordshire EN8 8JL2
£250K03/210.47 mi66, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR2
£275K11/210.47 mi62, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR2
£255K01/210.47 mi22, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR2
£270K06/210.48 mi4a, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 8LA2
£253K07/210.51 mi145, Downfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8SS2
£190K06/210.54 miFlat 46, Edwards Court, Turners Hill, Waltham Cross, Hertfordshire EN8 8SA2
£249K06/210.54 mi15, Guinevere Gardens, Waltham Cross, Hertfordshire EN8 8EJ2
£265K07/210.54 mi3, Guinevere Gardens, Waltham Cross, Hertfordshire EN8 8EJ2
£223K07/230.54 mi27, Guinevere Gardens, Cheshunt, Waltham Cross, Hertfordshire EN8 8EJ2
£255K12/220.62 miFlat 42, Edwards Court, Turners Hill, Waltham Cross, Hertfordshire EN8 8SA2
£235K03/230.62 mi16, Steward Close, Cheshunt, Waltham Cross, Hertfordshire EN8 8UW2
£222K05/230.7 miFlat 6, Westminster Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SH2
£225K11/200.72 miFlat 3, Hardingstone Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SF2
£230K03/230.72 miFlat 21, Hardingstone Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SF2
£300K01/230.75 miFlat 12, Chapman Courtyard, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9FD2
£250K11/200.83 miFlat 7, Southgate House, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9DA2
£205K11/220.84 miFlat 3, Alexander Court, Victoria Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9EP2
£270K11/220.86 miFlat 21, Northgate House, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9BY2
£245K06/230.88 mi4a, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9DL2
£205K06/230.92 miFlat 3, Glebe Court, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9FB2
£225K12/200.92 miFlat 8, Glebe Court, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9FB2
£270K02/210.93 mi131, Fishers Close, Waltham Cross, Hertfordshire EN8 7NN2
£265K01/230.99 mi38, Forest Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9DB2
£242K02/210.99 mi109, Prospect Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9QP2

Local Rents

50 rents from £1.3K/mo to £2K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50004/240 miAkers Court, High Street, Waltham Cross2
£1,70004/250.01 mi-2
£1,50003/240.04 miTrinity House, Trinity Lane, Waltham Cross2
£1,67503/250.04 mi-2
£1,72504/250.05 mi-2
£1,85003/250.09 mi-2
£1,85003/250.09 mi-2
£1,90003/250.09 mi-2
£1,90003/250.09 mi-2
£1,50004/240.13 miClaire Court, Cheshunt, EN82
£1,40004/240.13 miSpringfield Road, Cheshunt2
£1,65004/250.14 mi-2
£1,60004/250.14 mi-2
£1,85012/240.15 mi-2
£1,90004/250.17 mi-2
£1,90004/250.19 mi-2
£1,60003/240.21 miSwanfield Road, Waltham Cross, EN8 7FG2
£1,55011/230.21 mi-2
£1,95002/240.21 mi-2
£1,60002/240.21 mi-2
£1,50004/240.21 miBurlington House, Swanfield Road, Waltham Cross2
£1,55005/240.21 miBurlington House, Swanfield Road, Waltham Cross, Hertfordshire, EN8 7FG2
£1,50012/240.23 miFriends Avenue, Cheshunt, Waltham Cross2
£1,50012/240.23 miFriends Avenue, Cheshunt, Waltham Cross, Hertfordshire, EN82
£1,75004/240.25 mi-2
£1,75004/240.25 miDairyglen Avenue, Cheshunt, Waltham Cross, EN82
£1,50003/250.27 mi-2
£1,37811/230.27 mi-2
£1,60004/250.29 mi-2
£1,60005/240.32 mi-2
£1,70012/240.33 miRussells Ride, Cheshunt2
£2,00004/250.39 mi-2
£2,00003/250.39 mi-2
£1,95004/250.39 mi-2
£1,40001/250.44 mi-2
£1,65012/240.45 mi-2
£1,65001/250.45 mi-2
£1,65002/250.45 mi-2
£1,95004/250.46 mi-2
£1,55005/240.46 miEleanor Cross Road, Waltham Cross2
£1,70001/240.47 mi-2
£1,80008/240.47 mi-2
£1,25003/240.48 miTurners Hill, Cheshunt, Waltham Cross, Hertfordshire, EN8 8LA2
£1,27505/240.49 miKing Arthur Court, Cheshunt, Hertfordshire, EN82
£1,50004/240.51 miEleanor Cross Road, Waltham Cross2
£1,60004/240.53 miDownfield Road, Cheshunt2
£1,60004/240.53 miDownfield Road, Cheshunt, Waltham Cross, Hertfordshire, EN8 8SS2
£1,39512/240.55 mi-2
£1,55004/250.55 mi-2
£1,55004/250.56 mi-2

Local Area Statistics

Population in EN8

35,758

Population in Waltham Cross

57,688

Town centre distance

1.27 miles away

Nearest school

0.20 miles away

Nearest train station

0.07 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £275,000

February 4, 2025

Listed for £280,000

January 22, 2025

Floor Plans

Description

CHAIN-FREE! Beautifully presented two bedroom ground floor apartment situated in the heart of Waltham Cross, opposite Theobalds Grove Station. This lovely property comprises of two good sized bedrooms, bedroom one benefitting from an En-suite, a large living room, kitchen, and a modern family bathroom and ample storage space throughout the property. Additional benefits include an allocated parking space. Property location benefits from great transport links, easy access to M25 and A10, schools and fantastic shopping facilities in the area.
Closest stations are - Theobalds Grove Station (0.1 miles), Waltham Cross Station (£0.6 miles) and Cheshunt Station (£0.8 miles) as well as number of good Schools- Holy Trinity Church of England Primary School (0.2 miles), Four Swannes Primary School (0.3 miles) and Downfield Primary School (0.5 miles)

Viewing is highly recommended!

Agent Details

Bairstow Eves, Enfield

020 3910 6380

Next Steps?

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