2 Bed Flat, Single Let, Loughton, IG10 2DA, £295,000

Willingale Road, Loughton, Essex, IG10 2DA - 1 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+11 photos

ValuationUndervalued

Sold Prices£170K - £475K
Sold Prices/m²£2.3K/m² - £7.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.3K/m²

Value Estimate

£356,950
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£73,750

Stamp Duty & Legal Fees

£12,300

Total Cash In

£86,050

 

 

Cash Out

 

Rent Range

£1,395 - £1,900

Rent Estimate

£1,469

Running Costs/mo

£1,236

Cashflow/mo

£233

Cashflow/yr

£2,800

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £170K to £475K, average is £318.8K. £2.3K/m² to £7.8K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£285K11/210.45 mi82, Swanshope, Loughton, Essex IG10 2NB2
£285K12/200.45 mi83, Swans Hope, Loughton, Essex IG10 2NB2
£267.5K04/210.45 mi75, Swans Hope, Loughton, Essex IG10 2NB2
£295K11/200.6 mi125, Pyrles Lane, Loughton, Essex IG10 2NH2
£320K01/230.86 mi19, Bryony Close, Loughton, Essex IG10 3PG2
£295K05/230.86 mi20, Bryony Close, Loughton, Essex IG10 3PG2
£315K10/210.86 mi12, Bryony Close, Loughton, Essex IG10 3PG2
£305K06/210.9 mi52, School House Gardens, Loughton, Essex IG10 3PD2
£325K11/200.9 mi24, School House Gardens, Loughton, Essex IG10 3PD2
£290K12/201.03 mi38, Borders Lane, Loughton, Essex IG10 3QU2
£327.5K04/211.21 mi20, Forest Drive, Theydon Bois, Epping, Essex CM16 7EY2
£380K11/221.21 mi22, Forest Drive, Theydon Bois, Epping, Essex CM16 7EY2
£340K03/231.21 mi22b, Forest Drive, Theydon Bois, Epping, Essex CM16 7EY2
£291.5K12/221.22 mi53, Longcroft Rise, Loughton, Essex IG10 3ND2
£255K01/211.24 mi84, Longcroft Rise, Loughton, Essex IG10 3ND2
£170K11/201.24 mi86, Longcroft Rise, Loughton, Essex IG10 3ND2
£241K11/201.26 mi133, Highwood Lane, Loughton, Essex IG10 3LY2
£218K06/231.26 mi154, Highwood Lane, Loughton, Essex IG10 3LY2
£356K10/201.28 mi37, Slade End, Theydon Bois, Epping, Essex CM16 7EP2
£475K06/211.3 mi45, Queens Road, Loughton, Essex IG10 1RR2
£455K02/211.3 mi21, Queens Road, Loughton, Essex IG10 1RR2
£250K09/211.32 mi98, Highwood Lane, Loughton, Essex IG10 3LX2
£232K06/231.32 mi106, Highwood Lane, Loughton, Essex IG10 3LX2
£356K10/201.32 mi37, Slade End, Theydon Bois, Epping, Essex CM16 7EP2
£335K09/221.39 mi18, York Hill, Loughton, Essex IG10 1RL2
£280K12/201.39 mi31, Barncroft Road, Loughton, Essex IG10 3EY2
£323K04/211.39 mi4, Barncroft Road, Loughton, Essex IG10 3EY2
£305K04/211.39 mi11, Barncroft Road, Loughton, Essex IG10 3EY2
£340K12/221.39 mi31, Barncroft Road, Loughton, Essex IG10 3EY2
£310K02/211.39 mi22, Barncroft Road, Loughton, Essex IG10 3EY2
£290.5K08/221.41 mi18, Orchid Close, Abridge, Romford, Essex RM4 1DF2
£320K01/211.44 mi134, River Way, Loughton, Essex IG10 3LL2
£317.5K10/201.44 mi126, River Way, Loughton, Essex IG10 3LL2
£343K02/211.44 mi109, River Way, Loughton, Essex IG10 3LN2
£283K06/211.44 mi99, River Way, Loughton, Essex IG10 3LN2
£350K06/211.44 mi145, River Way, Loughton, Essex IG10 3LN2
£265K03/211.44 mi297a, High Road, Loughton, Essex IG10 1AL2
£265K11/201.44 mi303a, High Road, Loughton, Essex IG10 1AL2
£265K03/211.44 mi297a, High Road, Loughton, Essex IG10 1AL2
£370K07/231.74 mi3, Valley Close, Loughton, Essex IG10 3AB2
£335K09/211.74 mi24, Valley Close, Loughton, Essex IG10 3AB2
£370K01/211.82 mi10, Meadow Road, Loughton, Essex IG10 4HX2
£419.5K01/211.9 mi3a, Lower Park Road, Loughton, Essex IG10 4NB2
£310K03/211.9 mi35, Cheltenham Gardens, Loughton, Essex IG10 3AW2
£395K07/231.92 mi90, Lower Park Road, Loughton, Essex IG10 4NE2
£462.5K06/211.93 miFlat 13, Collins Court, Lower Park Road, Loughton, Essex IG10 4NL2
£340K12/201.93 mi5, Avondale Close, Loughton, Essex IG10 3DH2
£360K06/211.95 miFlat 41, Carlton House, Algers Road, Loughton, Essex IG10 4RS2
£395K11/201.95 miFlat 51, Carlton House, Algers Road, Loughton, Essex IG10 4RS2
£400K02/231.97 mi7, Algers Road, Loughton, Essex IG10 4NQ2

Local Rents

12 rents from £1.4K/mo to £1.9K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,65004/240.01 miWillingale Road, Loughton, IG102
£1,70004/240.08 miWillingale Road, Loughton2
£1,39504/240.33 miHereward Green, Loughton, IG102
£1,90004/240.41 miBurney Drive, Loughton, IG102
£1,45006/240.48 miDroveway, Loughton, IG102
£1,60005/240.48 mi4, Droveway, Loughton, Essex, IG102
£1,50006/240.48 miDroveway Close, Loughton, IG102
£1,70003/250.48 mi-2
£1,70004/240.5 miSycamore Close, Loughton, IG102
£1,75005/240.62 mi-2
£1,85002/250.62 mi-2
£1,75005/240.62 miLawton Green, Loughton, IG102

Local Area Statistics

Population in IG10

31,513

Population in Loughton

31,515

Town centre distance

1.47 miles away

Nearest school

0.20 miles away

Nearest train station

0.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £295,000

January 30, 2025

Floor Plans

Description

  • Guide Price £295,000 - £300,000 +
  • First Floor +
  • Two Bedrooms +
  • Private rear garden +
  • Hereward Primary & Debden Park Secondary School Catchment +
  • Utility Area +
  • Less than 1 mile to Debden Station & Debden Broadway +
  • Close to Jessel Green playing fields +
  • M11 & M25 with easy reach +

Madison Fox is delighted to present this bright and spacious two-bedroom first-floor apartment, offering a stylish living space complemented by a private rear garden. Situated on Willingale Road, this property is ideally located for convenient access to local amenities and excellent transport links.

The accommodation comprises a welcoming entrance hall, leading into a modern open-plan kitchen and reception room, designed for both comfort and practicality. The apartment boasts two generously sized bedrooms and a tastefully designed bathroom, all finished to a high standard. The private rear garden further enhances the appeal of this home, providing an ideal space for outdoor entertaining or peaceful relaxation.

Location
Perfectly positioned, this home benefits from a range of nearby amenities. Debden Central Line Station is located less than a mile away, offering swift connections to Stratford, Liverpool Street, and the wider London Underground network ideal for commuters.

For shopping and leisure, residents have easy access to both Epping Forest Shopping Park and Debden Broadway, which provide an excellent selection of retail stores, supermarkets, and dining options. The area is also well-served by highly regarded local schools, making it a desirable choice for families. There are also many open green spaces nearby such as Epping Forest and Jessel Green playing fields.

Additionally, the M11 and M25 motorways are within close proximity, ensuring excellent road connectivity to London, Essex, and beyond.

This fantastic apartment presents a rare opportunity to acquire a modern home in a prime location. Early viewing is highly recommended.

Tenure: Leasehold
Remaining Lease: Approximately 84 years remaining
Annual Ground Rent: £10
Annual Service Charge: £58.72 p/month
Council Tax Band B

Please note that the information stated in regard to this property does not establish an offer or contract, neither will it be considered as representations. It is in the responsibility and obligation of all interested parties to confirm exactitude and your solicitor must check tenure and all lease information, fixtures and fittings, and any planning/building regulations where the property has been extended/converted. All measurements and dimensions are estimated and noted exclusively for guidance purposes as floor plans are not to scale and their exactness cannot be confirmed. Reference to appliances and/or facilities does not imply that they are necessarily operational or functioning for the purpose.

Agent Details

Madison Fox, Loughton

020 3834 7930

Next Steps?

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