2 Bed Flat, Single Let, London, E18 1BX £375,000

Eastwood Close, South Woodford, E18 1BX - 6 views - 10 months ago
Sold STC
Leasehold
BTL
ROI: 1%
~68 m²
Property image

ValuationUndervalued

Sold Prices£289K - £675K
Sold Prices/m²£914/m² - £8.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.5K/m²

Value Estimate

£444,202
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£1,500 - £2,200

Rent Estimate

£1,595

Running Costs/mo

£1,511

Cashflow/mo

£84

Cashflow/yr

£1,010

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £289K to £675K, average is £380.5K. £914/m² to £8.4K/m², average is £6K/m².

Price
Date
Distance
Address
Beds
 
£420K06/210.11 miFlat 5, Hanover House, Eastwood Road, London, Greater London E18 1BN2
£450K08/210.11 mi60a, Mulberry Way, London, Greater London E18 1ED2
£390K03/250.11 mi37, Alveston Square, South Woodford, London E18 1AQ2
£415K06/210.12 mi24, Alveston Square, London, Greater London E18 1AQ2
£348K03/250.17 miFlat 2, 64, Marlborough Road, South Woodford, London E18 1AP2
£348K03/250.17 miFlat 2, 64, Marlborough Road, South Woodford, London E18 1AP2
£350K12/240.21 miMarquess Heights, 9, Queen Mary Avenue, South Woodford, London E18 2FS2
£410K11/220.21 mi78a, Marlborough Road, London, Greater London E18 1AP2
£437.5K09/210.22 mi50, George Lane, London, Greater London E18 1LW2
£460K03/250.23 mi1, 6 8 Acorn Court, Oakdale Road, South Woodford, London E18 1JX2
£340K12/240.25 miImperial Heights, 28, Queen Mary Avenue, South Woodford, London E18 2FJ2
£318K12/240.25 miDale Court, Flat 21, Grove Hill, South Woodford, London E18 2JD2
£415K02/230.25 miFlat 3, Millbrook, Woodford Road, London, Greater London E18 2EB2
£410K03/250.26 mi27, 89 111 Regency Court, High Road, South Woodford, London E18 2JT2
£410K03/250.26 mi27, 89 111 Regency Court, High Road, South Woodford, London E18 2JT2
£365K10/220.26 miFlat 39, Malford Court, The Drive, London, Greater London E18 2HS2
£410K01/230.26 miFlat 84, Malford Court, The Drive, London, Greater London E18 2HT2
£357K01/250.27 mi3 Albert House, Flat 10, Victoria Road, South Woodford, London E18 1LJ2
£289K06/210.29 mi9, Roycroft Close, London, Greater London E18 1DZ2
£300K03/230.29 miFlat 8, Swift House, Chigwell Road, London, Greater London E18 1TP2
£335.5K07/230.3 miFlat 3, Deborah Court, Victoria Road, London, Greater London E18 1LF2
£465K02/250.31 mi43, Grove Hill, South Woodford, London E18 2JB2
£360K03/250.32 mi17, Crescent Road, South Woodford, London E18 1JA2
£360K03/250.32 mi17, Crescent Road, South Woodford, London E18 1JA2
£354K06/210.32 miFlat 79, Malford Court, The Drive, London, Greater London E18 2HT2
£400K12/210.32 miFlat 78, Malford Court, The Drive, London, Greater London E18 2HT2
£430K11/220.33 mi37, Crescent Road, London, Greater London E18 1JA2
£375K01/250.34 miLaurel Mead Court, Flat 7, Churchfields, South Woodford, London E18 2RB2
£365K02/250.34 miFlat 11, 35 Laurel Mead Court, Churchfields, South Woodford, London E18 2RB2
£352K09/210.35 mi33, Avondale Court, London, Greater London E18 2RD2
£327.4K05/210.35 mi15, Avondale Court, London, Greater London E18 2RD2
£402.5K08/250.35 miFlat 8, Ferndown, Woodford Road, South Woodford, London E18 2ED2
£395K11/240.36 mi86 Scenix House, Flat 17, Chigwell Road, South Woodford, London E18 1FF2
£405K03/250.36 miFlat 5, Helmsley, Cleveland Road, South Woodford, London E18 2AY2
£386K11/220.37 miFlat 23, Helmsley, Cleveland Road, London, Greater London E18 2AY2
£375K03/230.37 miFlat 5, Helmsley, Cleveland Road, London, Greater London E18 2AY2
£675K05/250.37 miFlat 1, Embassy Court, Woodford Road, South Woodford, London E18 2EE2
£675K05/250.37 miFlat 1, Embassy Court, Woodford Road, South Woodford, London E18 2EE2
£310K08/250.37 miFlat 31, Highland Court, Gordon Road, South Woodford, London E18 1RE2
£355K12/240.37 mi31, Avondale Court, South Woodford, London E18 2RD2
£427.5K08/250.38 mi15, 59 Maystock Court, Chigwell Road, South Woodford, London E18 1NL2
£327.5K12/240.4 miDorchester Court, Flat 15, Buckingham Road, South Woodford, London E18 2NG2
£465K12/240.4 mi33 Walbrook, Flat 10, Woodford Road, South Woodford, London E18 2EG2
£300K11/210.4 miFlat 29, Old Mill Court, Chigwell Road, London, Greater London E18 1NJ2
£365K03/250.41 miFlat 21, 7 Woodleigh, Churchfields, South Woodford, London E18 2RF2
£390K12/240.41 miHillboro Court, 2, Buckingham Road, South Woodford, London E18 2NQ2
£450K09/240.42 mi24a, Tavistock Road, South Woodford, London E18 2AP2
£357.5K06/250.43 mi95a, Crescent Road, South Woodford, London E18 1JA2
£357.5K06/250.43 mi95a, Crescent Road, South Woodford, London E18 1JA2
£560K02/250.48 mi20a, Malmesbury Road, South Woodford, London E18 2NN2

Local Rents

50 rents from £1.5K/mo to £2.2K/mo, average is £1.9K/mo.

Rent
Date
Distance
Address
Beds
 
£1,85002/250.03 mi-2
£2,00002/250.03 mi-2
£1,65009/250.05 mi-2
£1,85005/240.06 miPemberton Court, South Woodford, E182
£1,95002/250.08 mi-2
£1,85003/240.09 miMulberry Way, South Woodford, E182
£1,82509/250.09 mi-2
£1,80003/240.09 miMulberry Way, South Woodford, E182
£1,92503/240.1 miMulberry Way, South Woodford, London, E182
£1,80006/250.12 miAlveston Square, SOUTH WOODFORD, E182
£2,20012/240.12 mi-2
£2,20012/240.12 mi-2
£1,85010/250.12 miAlveston Square, London, E182
£1,75004/240.12 miEastwood Road, London, E182
£1,65004/240.14 miGeorge Lane, South Woodford, E182
£1,85011/250.14 miMarlborough Road, South Woodford2
£1,85011/250.14 miMarlborough Road, South Woodford2
£1,65005/240.15 mi-2
£1,65012/240.15 mi-2
£1,50003/240.15 miStation Passage, SOUTH WOODFORD, E182
£1,59505/240.17 miWoburn Court, Bedford Road, South Woodford, E182
£1,70009/250.17 miWoburn Court, South Woodford, E182
£1,80011/250.17 miWoburn Court, South Woodford, E182
£1,85004/240.19 miRegency Court, 8-111 High Road, South Woodford, E182
£1,90006/250.19 miRegency Court, 8-111 High Road, South Woodford, E182
£2,20002/240.19 mi-2
£1,85011/250.19 miGeorge Lane, South Woodford2
£1,87507/250.19 miHorizon Building, 204 George Lane, London, E182
£1,55006/250.2 miWoodville Road, London, E182
£2,00003/240.2 mi-2
£1,50006/250.21 miWoodville Road, London, E182
£1,95007/250.21 miQueen Mary Avenue, London, E182
£1,85008/250.21 miSouth Woodford E182
£1,85008/250.21 miCleveland Road, London2
£1,70007/250.21 miQueen Mary Avenue, London2
£1,70009/250.21 miQueen Mary Avenue, London2
£1,90005/250.21 miQueen Mary Avenue, South Woodford2
£2,20010/250.21 mi-2
£1,85003/240.21 miKingswood Heights, Queen Marys Gate, South Woodford, E182
£1,75011/250.22 mi-2
£1,75003/240.22 miDiana Close, South Woodford2
£1,60004/240.22 miGeorge Lane, E182
£1,85004/240.22 mi-2
£2,00011/250.22 mi-2
£1,85003/240.22 miQueen Mary Avenue, London, E182
£2,00011/250.22 miQueen Mary Avenue, London, E182
£2,00012/240.23 mi-2
£2,00003/240.23 miVictoria Road, London, E182
£2,00008/250.23 miVictoria Road, London, E182
£1,95006/250.23 miQueen Mary Avenue, E182

Local Area Statistics

Population in E18

19,022

Population in London

4,771,921

Town centre distance

7.30 miles away

Nearest school

0.20 miles away

Nearest train station

0.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £375,000

January 24, 2025

Floor Plans

Property image

Description

  • First Floor Apartment +
  • Two Double Bedrooms +
  • Lift Access +
  • Chain Free +
  • 200 Year Lease +
  • Large Windows Great For Natural Light +
  • Close to Shops & Amenities +
  • Three Minute Walk to South Woodford Station +

Set on the first floor of a purpose built development with lift access, this bright two double bedroom apartment has been beautifully finished with a smart layout that optimises every inch of space.

It’s all perfectly nestled between the greenery of Epping Forest and Roding Valley, with South Woodford’s excellent amenities right on the doorstep, including excellent transport links. It’s on the market chain-free, and the lease is 200 years, so that’s even more good news.

IF YOU LIVED HERE…

Coming in at 636 square feet, this is a fantastically proportioned home - and the first floor height provides an added touch of brilliance courtesy of the skyline views from the generous windows. Your open plan kitchen/reception room has been beautifully finished, with neutral decor and smart flooring. There’s room for dining as well as lounging, and the kitchen area is sleek and contemporary, with smart units and high-spec appliances.

The two bedrooms both benefit from a calming soft palette, while the bathroom is sleek and modern with floor-to-ceiling tiling and an over-tub shower.

Outside, you’ll find the vast green space of Roding Valley Park around 15 minutes away, while Epping Forest is slightly further in the other direction. In contrast to all this nature, you’ve got the amenities of George Lane right on your doorstep. Despite the peaceful village-esque ambience, this area is packed with shops, supermarkets (Marks & Spencer or Waitrose - take your pick), restaurants, bars and an Odeon cinema (an Art Deco one no less).

As for getting further afield, South Woodford station is just four minutes on foot - and from here the Central line can take you to Liverpool Street in just 20 mins. Do the maths and you’ll realise that adds up to a mighty impressive door to door commute!

WHAT ELSE?

- Make the Railway Bell your new local - it’s only a five minute stroll away after all, plus it has friendly staff and a great selection of food and drink.
-Mark your calendar for every third Sunday of the month, when the South Woodford farmers market is held. Expect to find high-welfare meat, artisan baked goods and handcrafted arts.
- How about celebrating your move to E18 with a trip to Jones & Sons? Anyone who’s been been to the original restaurant in Dalston (the filming location of Boiling Point no less) will testify that this is fine dining at its best. A treat you’ll deserve after all that unpacking.

Kitchen/Lounge/Diner - 4.61 x 5.50 (15'1" x 18'0") -

Bedroom - 2.91 x 4.27 (9'6" x 14'0") -

Bedroom - 2.91 x 4.27 (9'6" x 14'0") -

Bathroom - 1.69 x 1.92 (5'6" x 6'3") -

A WORD FROM THE EXPERT...

"South Woodford was home for the first 25 years of my life. As I get older, I realise how lucky I am to have grown up here, an area with such fantastic schools, amenities and green space. George Lane is the main hub, where you’ll find the Central line station, as well as a great selection of supermarkets — M&S, Sainsburys, Waitrose and a Co-op. On top of this, is a fantastic choice of bars, pubs and restaurants, as well as an Odeon Cinema, library and gym. You really do have everything on your doorstep. Personal favourites for food include the Japanese takeaway Sakura, and newly opened independent cafe Bobo & Wild. South Woodford boasts a great stock of Victorian/ Edwardian family homes, as well as newer purpose-built blocks of flats and conversions, so attracts families and young professionals. It has great transport connections to the City and Canary Wharf, and with Epping Forest on your doorstep, it’s got the perfect balance of everything you need. My favourite local spots for walking are the Hollow Ponds, and the tucked away Elmhurst Gardens, with its two tennis courts. The nearby Woodford Dog Park is also a favourite, where both dog and owner meet up with their regular pals! All round, it’s a great place to call home."

BEN CHARLETON
E18 ASSISTANT MANAGER

Agent Details

The Stow Brothers, South Woodford & Woodford

020 3376 2413

Next Steps?

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