2 Bed Flat, Single Let, Woodford Green, IG8 9JL, £325,000

475 High Road, Woodford Green, Essex, IG8 0XE - 2 views - 2 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+13 photos

ValuationUndervalued

Sold Prices£200K - £760K
Sold Prices/m²£3.7K/m² - £8.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£370,386
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,450 - £2,250

Rent Estimate

£1,488

Running Costs/mo

£1,333

Cashflow/mo

£155

Cashflow/yr

£1,857

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £200K to £760K, average is £352.3K. £3.7K/m² to £8.6K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£358K11/200.07 mi55, Glengall Road, Woodford Green, Greater London IG8 0DN2
£760K05/210.08 mi27, Higham Road, Woodford Green, Greater London IG8 9JN2
£370K02/230.12 mi43, Snakes Lane West, Woodford Green, Greater London IG8 0DE2
£347K10/210.26 mi7, Savill Row, Woodford Green, Greater London IG8 0UH2
£535K03/210.26 mi20, Ashdon Close, Woodford Green, Greater London IG8 0EF2
£400K10/220.29 mi33, Chingford Lane, Woodford Green, Greater London IG8 9QT2
£325K05/210.3 mi30, Tamar Square, Woodford Green, Greater London IG8 0EA2
£330K12/200.3 mi27, Tamar Square, Woodford Green, Greater London IG8 0EA2
£245K09/210.3 mi67, Chingford Lane, Woodford Green, Greater London IG8 9QT2
£320K04/230.49 mi19, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£370K02/210.49 mi22, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£430K12/220.49 mi23, Parkmore Close, Woodford Green, Greater London IG8 0SJ2
£330K12/210.5 mi98, St Barnabas Road, Woodford Green, Greater London IG8 7DE2
£375K11/200.5 mi108, St Barnabas Road, Woodford Green, Greater London IG8 7DE2
£390K12/220.53 mi30, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£341K11/210.53 mi32, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£370K11/210.53 mi64, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£350K03/210.53 mi25, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP2
£305K06/210.53 mi53, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP2
£375K08/210.53 mi47, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£307K07/230.53 mi44, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£350K11/200.53 mi56, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£335K03/210.54 mi38, Parkmore Close, Woodford Green, Greater London IG8 0SL2
£345K10/220.54 mi38, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£325K05/210.57 mi39, Avondale Court, London, Greater London E18 2RD2
£300K12/220.57 mi92a, Snakes Lane East, Woodford Green, Greater London IG8 7HX2
£352K09/210.58 mi33, Avondale Court, London, Greater London E18 2RD2
£352.5K11/200.58 mi2, Avondale Court, London, Greater London E18 2RD2
£305K03/210.58 mi26, Avondale Court, London, Greater London E18 2RD2
£327.4K05/210.58 mi15, Avondale Court, London, Greater London E18 2RD2
£380K04/210.58 miFlat 1, Mitre Court, Churchfields, London, Greater London E18 2TJ2
£495K01/210.62 miGround Floor Flat, 28, Chelmsford Road, South Woodford, London, Greater London E18 2PL2
£495K01/210.63 miGround Floor Flat, 28, Chelmsford Road, South Woodford, London, Greater London E18 2PL2
£405K11/220.67 mi31, Fyfield Road, Woodford Green, Greater London IG8 7JU2
£350K03/210.67 miApartment 15, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£340K05/210.67 miApartment 6, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£375K08/210.68 mi5, Roxwell Way, Woodford Green, Greater London IG8 7JY2
£410K02/210.69 miGround Floor Flat, 57, Gordon Road, South Woodford, London, Greater London E18 1DT2
£289K06/210.71 mi9, Roycroft Close, London, Greater London E18 1DZ2
£408K12/220.71 mi35, Finchingfield Avenue, Woodford Green, Greater London IG8 7JZ2
£377.5K06/210.71 mi33, Finchingfield Avenue, Woodford Green, Greater London IG8 7JZ2
£370K10/200.73 mi90, Finchingfield Avenue, Woodford Green, Greater London IG8 7JR2
£422.5K11/200.74 mi42b, Malmesbury Road, London, Greater London E18 2NN2
£469K06/210.74 mi20a, Malmesbury Road, London, Greater London E18 2NN2
£417.4K04/210.75 mi154, Forest Glade, London, Greater London E4 9RJ2
£210K03/230.76 miFlat 266, Sunset Court, Navestock Crescent, Woodford Green, Greater London IG8 7BE2
£215K02/230.76 miFlat 90, Blenheim Court, Navestock Crescent, Woodford Green, Greater London IG8 7BB2
£200K12/220.77 miFlat 182, Lambourne Court, Navestock Crescent, Woodford Green, Greater London IG8 7BD2
£375K06/210.77 mi28, The Albany, Woodford Green, Greater London IG8 0TJ2
£285.1K11/200.8 mi12, Lynwood Close, London, Greater London E18 1DP2

Local Rents

39 rents from £1.4K/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,60004/240.08 miGlengall Road, Woodford Green2
£1,50005/240.08 miGlengall Road, Woodford Green2
£1,85006/240.08 miGlengall Road, Woodford Green, IG82
£1,45004/240.08 miGlengall Road, Woodford Green2
£1,55012/240.1 mi-2
£1,80012/240.12 mi-2
£1,75012/240.13 mi-2
£1,59505/240.13 miWoodford Green, IG82
£1,70005/240.13 miGlengall Road, Woodford Green2
£1,90012/240.13 mi-2
£1,65012/240.13 mi-2
£1,67512/240.13 mi-2
£2,25005/240.19 miRegents Drive, Woodford Green, Essex, IG82
£1,80003/250.23 mi-2
£1,95012/240.24 mi-2
£2,20012/240.25 mi-2
£1,70012/240.27 mi-2
£1,75001/240.28 mi-2
£1,70001/250.28 mi-2
£1,70011/240.28 mi-2
£1,90005/240.38 miThe Broadway, Woodford Green, IG82
£1,85001/240.38 mi-2
£1,90007/240.38 mi-2
£1,72502/240.42 miSunset Avenue, Woodford Green2
£1,90011/240.47 mi-2
£1,80004/240.49 miSt Albans Crescent, Woodford Green, IG82
£1,75005/240.5 miMadeira Grove, Woodford Green2
£1,75005/240.5 miMadeira Grove, Woodford Green2
£1,75004/240.5 miHigh Road, Woodford Green2
£1,72505/240.51 miEvergreen Apartment, Woodford Green2
£1,75003/240.56 miHigh Road, London E182
£1,85003/250.57 mi-2
£1,80004/240.57 mi-2
£1,60003/240.58 miChurchfields, London, E182
£1,70004/240.58 miAvondale Court, South Woodford, E182
£1,50005/240.58 miFirst Floor Flat, Avondale Court2
£1,70005/240.6 miThe Firs, St. Barnabas Road, Woodford Green, Essex, IG82
£1,85004/240.61 miHigh Road, Woodford Green, IG82
£1,80011/240.61 mi-2

Local Area Statistics

Population in IG8

35,894

Town centre distance

0.53 miles away

Nearest school

0.10 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £325,000

February 13, 2025

Floor Plans

Description

  • 2 bedroom apartment +
  • Large private balcony +
  • Bright and spacious +
  • Spacious lounge/diner +
  • Modern fitted kitchen +
  • Close to shops & transport +
  • Security Phone Entrance System +
  • Sought after location +
  • Long lease +
  • Close to open green spaces +

This delightful two-bedroom apartment with a private balcony overlooking green space offers a perfect blend of comfort and convenience with Woodford station an local shops, bars and restaurants close by.

Nestled on the sought-after Fairfield Road in Woodford Green, this well presented two-bedroom apartment which offers a perfect blend of modern living, comfort, and convenience. Spanning an impressive 616 square feet, this home is ideal for first-time buyers, professionals, or small families looking for a well-connected and stylish space.

Upon entering, you are welcomed into a bright and airy lounge, which serves as the heart of the home. This inviting living area extends onto a private balcony, offering a serene retreat with picturesque views of lush greenery—perfect for morning coffee or relaxing after a long day.

The property features a modern, fully fitted kitchen, ample storage, with the contemporary bathroom is equally well-appointed, boasting stylish fixtures and a clean, elegant design. Both bedrooms are good size, with large windows that flood the rooms with natural light, creating a warm and comfortable atmosphere.

Situated just a short walk from Woodford Station (Central Line), commuting into central London is quick and convenient. The property is also within easy reach of The Broadway, offering an excellent selection of boutique shops, cafés, and restaurants, perfect for weekend leisure.

With a long lease in place, this apartment presents a fantastic opportunity to step onto the property ladder in a highly desirable location.

Don't miss your chance to view this charming home—contact us today to arrange a viewing and make this wonderful apartment yours!

Property Information / Disclaimer – LEASEHOLD

Lease Length: 179 years
Service Charge: £1,545.83 including building insurance per annum
Ground Rent: £0 per annum

EPC Rating: D
Council Tax Band: London Borough of Redbridge C

All the information provided about this property does not constitute or form part of an offer or contract, nor maybe it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale, and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.

Agent Details

William Rose, Woodford

020 3907 8626

Next Steps?

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