2 Bed Flat, Single Let, Woodford Green, IG8 7NA, £330,000

Prospect Road, Woodford Green, IG8 7NA - 3 months ago

BTL
ROI: 2%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£200K - £760K
Sold Prices/m²£4.3K/m² - £8.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£380,353
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£21,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,450 - £2,700

Rent Estimate

£1,506

Running Costs/mo

£1,352

Cashflow/mo

£154

Cashflow/yr

£1,843

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £200K to £760K, average is £343K. £4.3K/m² to £8.6K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£300K12/220.13 mi92a, Snakes Lane East, Woodford Green, Greater London IG8 7HX2
£375K08/210.36 mi5, Roxwell Way, Woodford Green, Greater London IG8 7JY2
£408K12/220.37 mi35, Finchingfield Avenue, Woodford Green, Greater London IG8 7JZ2
£377.5K06/210.37 mi33, Finchingfield Avenue, Woodford Green, Greater London IG8 7JZ2
£350K03/210.38 mi25, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP2
£305K06/210.38 mi53, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP2
£345K10/220.39 mi38, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£390K12/220.4 mi30, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£341K11/210.4 mi32, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£370K11/210.4 mi64, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£325K05/210.4 mi30, Tamar Square, Woodford Green, Greater London IG8 0EA2
£330K12/200.4 mi27, Tamar Square, Woodford Green, Greater London IG8 0EA2
£535K03/210.41 mi20, Ashdon Close, Woodford Green, Greater London IG8 0EF2
£370K10/200.42 mi90, Finchingfield Avenue, Woodford Green, Greater London IG8 7JR2
£405K11/220.46 mi31, Fyfield Road, Woodford Green, Greater London IG8 7JU2
£330K12/210.47 mi98, St Barnabas Road, Woodford Green, Greater London IG8 7DE2
£375K11/200.47 mi108, St Barnabas Road, Woodford Green, Greater London IG8 7DE2
£400K05/210.49 mi4, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6EX2
£336K04/210.55 mi5, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£310K06/210.55 mi31, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£385K10/220.55 mi1, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£370K02/230.58 mi43, Snakes Lane West, Woodford Green, Greater London IG8 0DE2
£358K11/200.58 mi55, Glengall Road, Woodford Green, Greater London IG8 0DN2
£320K01/210.6 mi32, Station Way, Buckhurst Hill, Essex IG9 6LN2
£210K03/230.63 miFlat 266, Sunset Court, Navestock Crescent, Woodford Green, Greater London IG8 7BE2
£285K10/210.64 mi6, Copford Close, Woodford Green, Greater London IG8 8EH2
£350K11/220.66 mi11, Oakwood Close, Woodford Green, Greater London IG8 8EQ2
£200K12/220.67 miFlat 182, Lambourne Court, Navestock Crescent, Woodford Green, Greater London IG8 7BD2
£300K05/210.68 mi333, Chigwell Road, Woodford Green, Greater London IG8 8PL2
£215K02/230.68 miFlat 90, Blenheim Court, Navestock Crescent, Woodford Green, Greater London IG8 7BB2
£280K11/210.69 mi42, Chalford Walk, Woodford Green, Greater London IG8 8PH2
£325K12/210.73 mi9, Westfield Park Drive, Woodford Green, Greater London IG8 8FD2
£760K05/210.73 mi27, Higham Road, Woodford Green, Greater London IG8 9JN2
£350K03/210.77 miApartment 15, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£340K05/210.77 miApartment 6, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£340K11/220.81 mi241, Chigwell Road, Woodford Green, Greater London IG8 8PP2
£335K03/210.81 mi38, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£375K08/210.81 mi47, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£307K07/230.81 mi44, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£350K11/200.81 mi56, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£320K04/230.81 mi19, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£370K02/210.81 mi22, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£430K12/220.81 mi23, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£347K10/210.82 mi7, Savill Row, Woodford Green, Greater London IG8 0UH2
£285.1K11/200.83 mi12, Lynwood Close, London, Greater London E18 1DP2
£325K06/210.84 miFlat 6, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2
£325K01/210.84 miFlat 4, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2
£410K02/210.87 miGround Floor Flat, 57, Gordon Road, South Woodford, London, Greater London E18 1DT2
£400K10/220.87 mi33, Chingford Lane, Woodford Green, Greater London IG8 9QT2
£325K05/210.88 mi39, Avondale Court, London, Greater London E18 2RD2

Local Rents

32 rents from £1.4K/mo to £2.7K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£2,70003/250.15 mi-2
£1,70004/240.15 mi-2
£1,75005/240.16 miMadeira Grove, Woodford Green2
£1,75005/240.16 miMadeira Grove, Woodford Green2
£2,30012/230.17 mi-2
£2,30002/250.17 mi-2
£1,90011/240.2 mi-2
£1,85001/240.28 mi-2
£1,90007/240.28 mi-2
£1,90005/240.28 miThe Broadway, Woodford Green, IG82
£1,60005/240.31 miThe Albany , Woodford Green, 2
£1,75003/250.35 mi-2
£2,20005/240.48 mi-2
£1,60004/240.52 mi-2
£1,60004/240.53 miGoldhaze Close, Woodford Green, IG82
£1,67512/240.53 mi-2
£1,80012/240.54 mi-2
£1,95012/240.55 mi-2
£1,59505/240.55 miWoodford Green, IG82
£1,70005/240.55 miGlengall Road, Woodford Green2
£1,60004/240.56 miWoodford Green, IG82
£1,60005/240.56 miWoodford Green, IG82
£1,55012/240.56 mi-2
£1,45004/240.58 miGlengall Road, Woodford Green2
£1,60004/240.58 miGlengall Road, Woodford Green2
£1,50005/240.58 miGlengall Road, Woodford Green2
£1,85006/240.58 miGlengall Road, Woodford Green, IG82
£1,90012/240.6 mi-2
£1,65012/240.6 mi-2
£1,75012/240.6 mi-2
£1,90004/240.62 miStoneycroft Road, Chigwell, Essex, IG82
£1,90006/240.62 miWoodford Green2

Local Area Statistics

Population in IG8

35,894

Town centre distance

0.13 miles away

Nearest school

0.30 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Price changed to £330,000

February 28, 2025

Price changed to £340,000

February 24, 2025

Listed for £350,000

January 25, 2025

Floor Plans

Description

  • Top Floor Flat +
  • Off Street Parking +
  • Very good condition +
  • 5 Minute Walk to Woodford Station +
  • Parkland in Walking Distance +
  • Close to Shops and Amenities +

Presenting an immaculate top-floor flat in the highly desirable Woodford Green area, just a 5-minute walk from Woodford Station and surrounded by lush parkland.

This beautifully maintained property is in good condition, offering a bright and spacious living environment that's move-in ready. As you step into the spacious hallway, ahead of you, you'll find the bathroom with a lovely 3 piece suite, storage and shower above the bath. To the left you’ll find a generous open-plan living area, dining room, and kitchen and to your right, you have two generously sized bedrooms which are filled with natural light, offering the ideal combination of comfort and space.

The open-plan layout seamlessly blends the living, dining, and kitchen areas, creating a perfect setting for relaxing, entertaining, or enjoying family meals. Both bedrooms are designed to maximize space, with large windows that bathe the rooms in natural light. You'll also appreciate the added convenience of off-street parking and the availability of garages to rent.

Located just minutes from local parks and transport links, this home offers the perfect balance of tranquillity and accessibility, giving you the best of both worlds. Contact us today to arrange a viewing and secure your chance to make this stunning flat your new home!

Agent Details

haart, South Woodford

020 3840 3786

Next Steps?

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