2 Bed Flat, Single Let, London, E18 2FL £360,000

Ivory Court, Queen Mary Avenue, South Woodford, London, E18 2FL - 10 months ago
Leasehold
BTL
ROI: 3%
~64 m²
Property image
Property image
Property image
Property image

ValuationUndervalued

Sold Prices£289K - £675K
Sold Prices/m²£4.9K/m² - £8.4K/m²

 

 

Square Metres

~64 m²
Price/m²£5.6K/m²

Value Estimate

£374,857
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£90,000

Stamp Duty & Legal Fees

£27,200

Total Cash In

£117,200

 

 

Cash Out

 

Rent Range

£1,700 - £2,750

Rent Estimate

£1,756

Running Costs/mo

£1,496

Cashflow/mo

£260

Cashflow/yr

£3,118

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £289K to £675K, average is £367.5K. £4.9K/m² to £8.4K/m², average is £5.9K/m².

Price
Date
Distance
Address
Beds
 
£340K12/240.01 miImperial Heights, 28, Queen Mary Avenue, South Woodford, London E18 2FJ2
£350K12/240.06 miMarquess Heights, 9, Queen Mary Avenue, South Woodford, London E18 2FS2
£375K01/250.11 miLaurel Mead Court, Flat 7, Churchfields, South Woodford, London E18 2RB2
£365K02/250.11 miFlat 11, 35 Laurel Mead Court, Churchfields, South Woodford, London E18 2RB2
£420K06/210.14 miFlat 5, Hanover House, Eastwood Road, London, Greater London E18 1BN2
£365K03/250.17 miFlat 21, 7 Woodleigh, Churchfields, South Woodford, London E18 2RF2
£352K09/210.19 mi33, Avondale Court, London, Greater London E18 2RD2
£327.4K05/210.19 mi15, Avondale Court, London, Greater London E18 2RD2
£355K12/240.19 mi31, Avondale Court, South Woodford, London E18 2RD2
£410K03/250.2 mi27, 89 111 Regency Court, High Road, South Woodford, London E18 2JT2
£410K03/250.2 mi27, 89 111 Regency Court, High Road, South Woodford, London E18 2JT2
£289K06/210.25 mi9, Roycroft Close, London, Greater London E18 1DZ2
£365K12/240.25 mi20, Flat First Floor, St Albans Crescent, Woodford Green IG8 9EH2
£318K12/240.26 miDale Court, Flat 21, Grove Hill, South Woodford, London E18 2JD2
£390K12/240.28 miHillboro Court, 2, Buckingham Road, South Woodford, London E18 2NQ2
£327.5K12/240.28 miDorchester Court, Flat 15, Buckingham Road, South Woodford, London E18 2NG2
£465K02/250.29 mi43, Grove Hill, South Woodford, London E18 2JB2
£450K08/210.3 mi60a, Mulberry Way, London, Greater London E18 1ED2
£310K08/250.3 miFlat 31, Highland Court, Gordon Road, South Woodford, London E18 1RE2
£390K03/250.33 mi37, Alveston Square, South Woodford, London E18 1AQ2
£415K06/210.33 mi24, Alveston Square, London, Greater London E18 1AQ2
£560K02/250.34 mi20a, Malmesbury Road, South Woodford, London E18 2NN2
£365K10/220.37 miFlat 39, Malford Court, The Drive, London, Greater London E18 2HS2
£410K01/230.37 miFlat 84, Malford Court, The Drive, London, Greater London E18 2HT2
£348K03/250.38 miFlat 2, 64, Marlborough Road, South Woodford, London E18 1AP2
£348K03/250.38 miFlat 2, 64, Marlborough Road, South Woodford, London E18 1AP2
£354K06/210.39 miFlat 79, Malford Court, The Drive, London, Greater London E18 2HT2
£400K12/210.39 miFlat 78, Malford Court, The Drive, London, Greater London E18 2HT2
£415K02/230.39 miFlat 3, Millbrook, Woodford Road, London, Greater London E18 2EB2
£395K03/250.4 mi24, Clementine Walk, Woodford Green IG8 9GT2
£395K03/250.4 mi24, Clementine Walk, Woodford Green IG8 9GT2
£360K03/250.4 mi17, Crescent Road, South Woodford, London E18 1JA2
£360K03/250.4 mi17, Crescent Road, South Woodford, London E18 1JA2
£430K11/220.41 mi37, Crescent Road, London, Greater London E18 1JA2
£460K03/250.43 mi1, 6 8 Acorn Court, Oakdale Road, South Woodford, London E18 1JX2
£410K11/220.43 mi78a, Marlborough Road, London, Greater London E18 1AP2
£350K12/240.46 miBlenheim Court, 17, Horn Lane, Woodford Green IG8 9AQ2
£437.5K09/210.46 mi50, George Lane, London, Greater London E18 1LW2
£360K10/240.48 miBlenheim Court, 4, Horn Lane, Woodford Green IG8 9AQ2
£357.5K06/250.49 mi95a, Crescent Road, South Woodford, London E18 1JA2
£357.5K06/250.49 mi95a, Crescent Road, South Woodford, London E18 1JA2
£357K01/250.5 mi3 Albert House, Flat 10, Victoria Road, South Woodford, London E18 1LJ2
£450K05/250.51 mi7, Grange Close, Woodford Green IG8 9JS2
£450K05/250.51 mi7, Grange Close, Woodford Green IG8 9JS2
£460K11/240.52 mi8, Grange Close, Woodford Green IG8 9JS2
£370K02/250.52 mi30, Grange Avenue, Woodford Green IG8 9JT2
£402.5K08/250.52 miFlat 8, Ferndown, Woodford Road, South Woodford, London E18 2ED2
£300K03/230.53 miFlat 8, Swift House, Chigwell Road, London, Greater London E18 1TP2
£335.5K07/230.54 miFlat 3, Deborah Court, Victoria Road, London, Greater London E18 1LF2
£675K05/250.54 miFlat 1, Embassy Court, Woodford Road, South Woodford, London E18 2EE2

Local Rents

50 rents from £1.7K/mo to £2.8K/mo, average is £1.9K/mo.

Rent
Date
Distance
Address
Beds
 
£1,80005/240 miQueen Mary Avenue, E182
£1,95005/250.01 miQueen Mary Avenue, London2
£2,20003/240.01 miQueen Mary Avenue, London, E182
£2,15004/240.01 miQueen Mary Avenue, London, E182
£2,15005/240.01 miQueen Mary Avenue, London, E182
£2,75003/240.01 mi-2
£2,15005/240.01 mi-2
£1,95009/250.01 miQueen Mary Avenue, E182
£1,90005/240.01 mi-2
£1,90004/240.01 miQueen Mary Avenue, London, E182
£1,90011/250.02 miQueen Mary Avenue, E182
£1,80006/250.02 miLady Anne Court, Queen Marys Gate, South Woodford2
£1,91008/250.02 miQueen Mary Avenue, South Woodford, E182
£1,90006/250.02 miQueen Mary Avenue, LONDON2
£1,80010/250.02 mi-2
£1,80010/250.02 miQueen Mary Avenue, London, E182
£1,85002/250.02 mi-2
£1,85008/250.02 mi-2
£1,85006/250.02 miQueen Mary Avenue, London, E182
£1,85006/250.02 miQueen Mary Avenue, London, E182
£1,85008/250.02 miQueen Mary Avenue, London, E182
£1,85007/250.02 miLady Anne Court, Queen Mary Avenue, South Woodford, London, E182
£1,90011/250.03 miQueen Mary Avenue, E182
£2,00009/250.03 miQueen Mary Avenue, E182
£1,90004/240.03 miQueen Mary Gate, South Woodford E182
£1,75005/240.03 miQueen Mary Avenue, London, E182
£1,85005/240.03 miQueen Mary Avenue, London, E182
£1,85003/240.04 miQueen Mary Avenue, London, E182
£2,00011/250.04 miQueen Mary Avenue, London, E182
£1,85004/240.04 mi-2
£2,00011/250.04 mi-2
£1,95006/250.04 miQueen Mary Avenue, E182
£2,00008/250.04 miQueen Mary Avenue, London, E182
£1,90004/240.04 mi-2
£2,00007/250.04 miQueen Mary Avenue, LONDON2
£2,00003/240.05 miQueen Mary Avenue, E182
£2,10007/250.05 miSouth Woodford, E182
£1,80003/240.05 miGlebe House, South Woodford, E182
£1,99503/240.05 miQueen Mary Avenue, London2
£1,99503/240.05 miQueen Mary Avenue, London, E182
£2,10011/250.05 miQueen Mary Avenue, South Woodford, E182
£2,10010/250.05 miQueen Mary Avenue, South Woodford2
£1,90005/250.05 miQueen Mary Avenue, South Woodford2
£2,00012/240.06 mi-2
£1,70007/250.06 miQueen Mary Avenue, London2
£1,70009/250.06 miQueen Mary Avenue, London2
£1,95007/250.06 miQueen Mary Avenue, London, E182
£1,85008/250.06 miSouth Woodford E182
£2,20010/250.07 mi-2
£2,10009/250.07 miQueen Mary Avenue, E182

Local Area Statistics

Population in E18

19,022

Population in London

4,771,921

Town centre distance

7.36 miles away

Nearest school

0.40 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Price changed to £360,000

October 30, 2025

Listed for £375,000

February 4, 2025

Floor Plans

Property image

Description

  • Beautiful two bedroom first floor apartment in Queen Mary development with lift +
  • Private south east facing balcony overlooking communal grounds +
  • Light filled living/dining room with patio doors to balcony +
  • Bright fitted kitchen with gas hob & integrated appliances +
  • En-suite shower to bedroom one +
  • Tiled family bathroom with over bath shower +
  • Allocated parking space close to block entry door +
  • Excellent central location with choice of nurseries & schools nearby +
  • South Woodford central line station within walking distance +
  • A stroll away from a great choice of shops, bars, eateries, cinema & supermarkets +

Offers In Excess of £360,000

This first floor apartment has a roomy south east facing balcony overlooking the communal gardens of the Queen Mary development. Both the bedrooms have fitted wardrobes, the largest of these also has an en-suite shower room. The family bathroom accessed through the spacious hallway has a bath tub and shower. There's plenty of cupboard space in the modern kitchen, with gas hob and built-in appliances too, open plan to the living/dining area with patio doors to access the private balcony.

These properties are always popular, being so close to every possible amenity yet still within walking distance of parks & Epping Forest too.

Lease Term: 125 years from 1 January 2008 Service Charge: £3,245.17 per annum Ground Rent: £250.00 per annum Council Tax Band D

Agent Details

Neil King, London

020 3870 2471

Next Steps?

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