2 Bed Flat, Single Let, London, E18 1RE, £325,000

Gordon Road, London, E18 1RE - 1 views - 2 months ago

Sold STC
BTL
ROI: 3%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£200K - £495K
Sold Prices/m²£4.3K/m² - £8.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£399,271
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Total Cash In

£102,450

 

 

Cash Out

 

Rent Range

£1,500 - £2,750

Rent Estimate

£1,638

Running Costs/mo

£1,363

Cashflow/mo

£275

Cashflow/yr

£3,297

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £200K to £495K, average is £367.5K. £4.3K/m² to £8.6K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£410K02/210.03 miGround Floor Flat, 57, Gordon Road, South Woodford, London, Greater London E18 1DT2
£289K06/210.07 mi9, Roycroft Close, London, Greater London E18 1DZ2
£352K09/210.13 mi33, Avondale Court, London, Greater London E18 2RD2
£352.5K11/200.13 mi2, Avondale Court, London, Greater London E18 2RD2
£305K03/210.13 mi26, Avondale Court, London, Greater London E18 2RD2
£327.4K05/210.13 mi15, Avondale Court, London, Greater London E18 2RD2
£325K05/210.14 mi39, Avondale Court, London, Greater London E18 2RD2
£285.1K11/200.21 mi12, Lynwood Close, London, Greater London E18 1DP2
£430K11/220.22 mi37, Crescent Road, London, Greater London E18 1JA2
£380K04/210.24 miFlat 1, Mitre Court, Churchfields, London, Greater London E18 2TJ2
£450K08/210.31 mi60a, Mulberry Way, London, Greater London E18 1ED2
£215K02/230.32 miFlat 90, Blenheim Court, Navestock Crescent, Woodford Green, Greater London IG8 7BB2
£420K06/210.32 miFlat 5, Hanover House, Eastwood Road, London, Greater London E18 1BN2
£200K12/220.34 miFlat 182, Lambourne Court, Navestock Crescent, Woodford Green, Greater London IG8 7BD2
£340K11/220.38 mi241, Chigwell Road, Woodford Green, Greater London IG8 8PP2
£210K03/230.38 miFlat 266, Sunset Court, Navestock Crescent, Woodford Green, Greater London IG8 7BE2
£330K12/210.39 mi98, St Barnabas Road, Woodford Green, Greater London IG8 7DE2
£375K11/200.39 mi108, St Barnabas Road, Woodford Green, Greater London IG8 7DE2
£450K01/210.41 mi59a, Cowslip Road, London, Greater London E18 1JN2
£395K03/210.44 mi7a, Daisy Road, London, Greater London E18 1EA2
£405K11/220.46 mi31, Fyfield Road, Woodford Green, Greater London IG8 7JU2
£390K12/220.46 mi30, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£341K11/210.46 mi32, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£370K11/210.46 mi64, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£345K10/220.47 mi38, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£415K06/210.47 mi24, Alveston Square, London, Greater London E18 1AQ2
£300K05/210.48 mi333, Chigwell Road, Woodford Green, Greater London IG8 8PL2
£350K03/210.49 mi25, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP2
£305K06/210.49 mi53, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP2
£455K03/210.5 mi20a, Victoria Road, London, Greater London E18 1LG2
£280K11/210.51 mi42, Chalford Walk, Woodford Green, Greater London IG8 8PH2
£375K08/210.52 mi13, Lechmere Avenue, Woodford Green, Greater London IG8 8QF2
£365K08/210.52 mi17, Lechmere Avenue, Woodford Green, Greater London IG8 8QF2
£437.5K09/210.54 mi50, George Lane, London, Greater London E18 1LW2
£370K10/200.54 miFlat 12, Woburn Court, Bedford Road, London, Greater London E18 2RS2
£335.5K07/230.54 miFlat 3, Deborah Court, Victoria Road, London, Greater London E18 1LF2
£345K02/210.54 mi54, Lechmere Avenue, Woodford Green, Greater London IG8 8QQ2
£370K10/200.55 mi90, Finchingfield Avenue, Woodford Green, Greater London IG8 7JR2
£390K05/230.55 mi92, Lechmere Avenue, Woodford Green, Greater London IG8 8QG2
£300K03/230.55 miFlat 8, Swift House, Chigwell Road, London, Greater London E18 1TP2
£300K11/210.56 miFlat 29, Old Mill Court, Chigwell Road, London, Greater London E18 1NJ2
£410K11/220.56 mi78a, Marlborough Road, London, Greater London E18 1AP2
£375K08/210.57 mi5, Roxwell Way, Woodford Green, Greater London IG8 7JY2
£495K01/210.57 miGround Floor Flat, 28, Chelmsford Road, South Woodford, London, Greater London E18 2PL2
£325K05/210.57 mi30, Tamar Square, Woodford Green, Greater London IG8 0EA2
£330K12/200.57 mi27, Tamar Square, Woodford Green, Greater London IG8 0EA2
£408K12/220.58 mi35, Finchingfield Avenue, Woodford Green, Greater London IG8 7JZ2
£377.5K06/210.58 mi33, Finchingfield Avenue, Woodford Green, Greater London IG8 7JZ2
£415K02/230.6 miFlat 3, Millbrook, Woodford Road, London, Greater London E18 2EB2
£410K01/230.6 miFlat 84, Malford Court, The Drive, London, Greater London E18 2HT2

Local Rents

50 rents from £1.5K/mo to £2.8K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,75004/240.07 miGordon Road, South Woodford, E182
£1,60003/240.13 miChurchfields, London, E182
£1,70004/240.13 miAvondale Court, South Woodford, E182
£1,50005/240.13 miFirst Floor Flat, Avondale Court2
£1,80005/240.14 mi-2
£1,75001/250.14 mi-2
£1,80005/240.14 miGordon Road, London, E182
£1,75003/240.15 miDiana Close, South Woodford2
£1,75004/240.16 miDiana Close, South Woodford, E182
£1,55004/240.16 miDiana Close, South Woodford2
£1,75003/240.17 miGordon Road, London2
£1,85004/240.17 miLynwood Close, South Woodford2
£1,85005/240.17 miLynwood Close, South Woodford2
£1,75003/240.18 miDiana Close, South Woodford2
£1,85003/240.19 miKingswood Heights, Queen Marys Gate, South Woodford, E182
£2,35012/240.21 mi-2
£1,79012/240.21 mi-2
£1,75002/250.21 mi-2
£1,70005/240.21 miThe Firs, St. Barnabas Road, Woodford Green, Essex, IG82
£2,00012/240.23 mi-2
£1,99503/240.24 miQueen Mary Avenue, London, E182
£1,99503/240.24 miQueen Mary Avenue, London2
£1,85005/240.26 miQueen Mary Avenue, London, E182
£1,85004/240.26 mi-2
£1,85003/240.26 miQueen Mary Avenue, London, E182
£1,85002/250.27 mi-2
£1,95003/250.27 mi-2
£1,95002/250.28 mi-2
£1,80005/240.29 miQueen Mary Avenue, E182
£2,20003/240.29 miQueen Mary Avenue, London, E182
£2,15004/240.29 miQueen Mary Avenue, London, E182
£2,15005/240.29 miQueen Mary Avenue, London, E182
£2,75003/240.29 mi-2
£2,15005/240.29 mi-2
£1,90005/240.3 mi-2
£1,90004/240.3 miQueen Mary Avenue, London, E182
£1,90004/240.31 miQueen Mary Gate, South Woodford E182
£1,85005/240.31 miPemberton Court, South Woodford, E182
£1,75004/240.32 miEastwood Road, London, E182
£1,75005/240.32 miQueen Mary Avenue, London, E182
£2,00003/240.32 miQueen Mary Avenue, E182
£1,65012/240.33 mi-2
£1,90004/240.33 mi-2
£1,80003/240.33 miGlebe House, South Woodford, E182
£1,85002/250.34 mi-2
£2,00002/250.34 mi-2
£2,10004/250.35 mi-2
£1,80002/250.36 mi-2
£1,92503/240.37 miMulberry Way, South Woodford, London, E182
£1,80003/240.37 miMulberry Way, South Woodford, E182

Local Area Statistics

Population in E18

19,022

Population in London

4,771,921

Town centre distance

7.63 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £325,000

February 19, 2025

Floor Plans

Description

Located within Highland Court on Gordon Road, South Woodford, this well-presented second-floor, two-bedroom flat offers light and spacious accommodation within a gated development. The property benefits from a bright and airy living space, well-proportioned bedrooms, including the kitchen and bathroom.

Further advantages include an allocated parking space, communal gardens to the rear, and a secure entry system. Positioned within walking distance of both Woodford and South Woodford stations, the flat is ideal for commuters and is also close to a variety of local amenities, shops, and restaurants.

This property will be offered with vacant possession, making it an excellent opportunity for first-time buyers, investors, or those looking for a convenient and comfortable home. Early viewings are highly recommended to avoid disappointment.

Agent Details

Bairstow Eves, Woodford Green

020 3835 6392

Next Steps?

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