2 Bed Flat, Single Let, Buckhurst Hill, IG9 6HD, £350,000

Buckhurst Way, Buckhurst Hill, IG9 6HD - 2 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~64 m²
+22 photos

ValuationOvervalued

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

 

 

Square Metres

~64.20 m²
Price/m²£5.5K/m²

Value Estimate

£328,571

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Total Cash In

£111,200

 

 

Cash Out

 

Rent Range

£1,250 - £2,700

Rent Estimate

£1,475

Running Costs/mo

£1,409

Cashflow/mo

£66

Cashflow/yr

£795

ROI

1%

Gross Yield

5%

Local Sold Prices

37 sold prices from £265K to £710K, average is £325K. £4K/m² to £8.5K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£285K10/200.07 mi40a, Station Way, Buckhurst Hill, Essex IG9 6LN2
£320K01/210.07 mi32, Station Way, Buckhurst Hill, Essex IG9 6LN2
£336K04/210.12 mi5, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£310K06/210.12 mi31, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£385K10/220.12 mi1, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6ET2
£400K05/210.17 mi4, Cherry Tree Rise, Buckhurst Hill, Greater London IG9 6EX2
£325K06/210.21 miFlat 6, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2
£325K01/210.21 miFlat 4, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2
£295K07/230.24 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£290K11/200.24 mi29a, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£265K02/210.24 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£310K12/200.37 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£305K11/200.37 mi30, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£310K12/200.37 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£320K08/220.37 mi32, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£315K03/230.37 mi66, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£337.5K01/230.38 mi22, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£465K06/210.47 miFlat 6, George Court, Kings Place, Buckhurst Hill, Essex IG9 5HR2
£495K11/220.57 mi1, Wimborne Close, Buckhurst Hill, Essex IG9 5DN2
£395K07/210.61 mi73, Westbury Lane, Buckhurst Hill, Essex IG9 5PH2
£455K02/230.69 mi690, High Road, Buckhurst Hill, Greater London IG9 5HN2
£380K03/210.71 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£380K03/210.71 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£265K10/220.72 miFlat 29, St James Gate, Palmerston Road, Buckhurst Hill, Essex IG9 5NJ2
£300K12/220.8 mi92a, Snakes Lane East, Woodford Green, Greater London IG8 7HX2
£411K06/210.82 mi12, Russell Road, Buckhurst Hill, Essex IG9 5QJ2
£340K05/210.87 miApartment 6, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£350K03/210.87 miApartment 15, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£320K02/210.88 miFlat 42, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2
£408K09/220.88 miFlat 43, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2
£415K12/200.89 miFlat 22, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£320K06/210.9 miFlat 21, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£356K03/210.9 mi169a, Whitehall Road, Woodford Green, Greater London IG8 0RH2
£355K12/200.91 miFlat 70, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SQ2
£295K03/230.96 mi1, Love Lane, Woodford Green, Essex IG8 8BH2
£710K12/200.97 miFlat 11, Roebuck Heights, North End, Buckhurst Hill, Essex IG9 5RF2
£285K10/210.99 mi6, Copford Close, Woodford Green, Greater London IG8 8EH2

Local Rents

48 rents from £1.3K/mo to £2.7K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,55006/240 miBuckhurst Way, Buckhurst Hill2
£1,40008/240 miBuckhurst Way, Buckhurst Hill, IG9 6HD2
£2,20008/240.06 miStation Way, Buckhurst Hill2
£1,50007/240.09 miHornbeam Road, Buckhurst Hill2
£1,50008/240.09 miHornbeam Road, Buckhurst Hill2
£1,55008/240.18 miBuckhurst Hill, IG92
£1,75004/240.21 mi-2
£2,20005/240.24 mi-2
£1,80004/240.35 mi-2
£1,80004/250.35 mi-2
£1,65007/240.36 miCedar Close, Buckhurst Hill2
£1,69504/240.37 mi-2
£1,57508/240.37 miCedar Close, Buckhurst Hill2
£1,62508/240.38 miCedar Close, Buckhurst Hill, IG92
£1,49507/240.4 miCascade Road, Buckhurst Hill, IG92
£2,00001/240.43 miLower Queens Road, Buckhurst Hill, Essex, IG92
£2,00007/240.43 miThe Atrium, Lower Queens Road, IG92
£2,00008/240.43 miThe Atrium. Buckhurst Hill, IG92
£1,85008/240.43 miLower Queens Road, Buckhurst Hill, IG92
£2,00008/240.43 miLower Queens Road, Buckhurst Hill, IG92
£1,95004/240.44 miMountbatten Court, Buckhurst Hill2
£2,60004/240.44 mi-2
£1,60007/240.5 miQueens Road, Buckhurst Hill2
£1,85008/240.51 mi83 Queens Road, Buckhurst Hill, IG92
£2,20001/240.51 miVictoria Road, Buckhurst Hill, Essex, IG92
£2,30012/230.52 mi-2
£2,30003/250.52 mi-2
£2,20007/240.52 miBeatrice Court, Buckhurst Hill, Essex, IG92
£1,70004/240.52 mi-2
£1,60006/240.52 mi-2
£1,99508/240.52 miPrinces Road, Buckhurst Hill2
£2,70003/250.52 mi-2
£1,80004/240.54 miAlfred Road, Buckhurst Hill, IG92
£1,70004/240.55 miPrinces Road, Buckhurst Hill, IG92
£2,50001/240.56 miQueens Road, Buckhurst Hill2
£2,10007/240.57 miQueens Road, Buckhurst Hill, IG92
£2,10007/240.57 miQueens Road, Buckhurst Hill, IG92
£2,10007/240.57 miQueens Road, Buckhurst Hill, IG92
£1,59505/240.59 miBuckhurst Hill2
£1,80001/250.59 mi-2
£1,60004/240.6 miIbrox Court, IG92
£1,47502/250.61 mi-2
£1,49504/250.61 mi-2
£1,47507/240.61 mi-2
£1,60012/240.61 mi-2
£1,25001/240.61 mi Queens Road, Buckhurst Hill, IG92
£1,80004/240.62 mi-2
£1,55005/240.62 miBuckhurst Hill2

Local Area Statistics

Population in IG9

12,744

Population in Buckhurst Hill

12,817

Town centre distance

0.45 miles away

Nearest school

0.50 miles away

Nearest train station

0.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £350,000

February 4, 2025

Floor Plans

Description

  • Guide Price £350,000 to £400,000 +
  • Well Presented Throughout +
  • Two Double Bedrooms +
  • Two Bathrooms (One En Suite Shower Room) +
  • First Floor Modern Apartment +
  • Spacious Balcony with Stunning Views +
  • Secure Gated Allocated Parking +
  • Fantatsic location for Tube Station & Local Shops +

Guide Price £350,000 to £400,000 Occupying the first floor of this sought-after modern apartment block and spanning over 690 sqft of living accommodation, this property would make an ideal first-time purchase.

The accommodation comprises of a large entrance hall leading to a spacious and open plan lounge/dining/Kitchen/breakfast room with a stunning front aspect which provides direct access onto your own private balcony. The modern fitted kitchen provides integrated appliances and a stunning breakfast bar giving it a contemporary and modern feel.

There are two spacious double bedrooms facing the rear aspect with the master bedroom benefitting from a modern fitted en suite shower room and fitted wardrobes.

There is a further separate modern fitted family bathroom and a large storage cupboard housing the boiling system with additional storage above.

This development is gated via an electronic gated system where the flat's allocated parking space, the secure bike lock area and secured bins can be found. There are also well-maintained communal gardens on site.

Further benefits are from having secured video entry phone system, a long lease, and stunning open views.

Lease Information;
Lease term- 122 years remaining (approx)
Service Charge & Ground Rent- £1,119pa (approx)

Location

Honeysuckle Court is ideally situated within easy reach of both Buckhurst Hill and Roding Valley Central Line Stations with its direct services to the City, Canary Wharf, and West End. Queens Road's cafes, restaurants, boutique shops, and Waitrose Supermarket are also close by. The area is well served by both state and independent schools, with Buckhurst Hill Primary just a walk away. For leisure pursuits, there is Epping Forest, Roding Valley Nature Reserve, tennis, rugby, and cricket clubs, as well as a David Lloyd Club conveniently close by.

Agents Note & Disclaimer.
Reasonable endeavours have been made to ensure that this information given in these particulars is materially correct, but any intending purchaser should satisfy themselves by inspection, searches, enquiries, and survey as to the correctness of each statement.

Agent Details

Presidential Estates, Loughton

020 3834 8400

Next Steps?

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