2 Bed Flat, Single Let, Woodford Green, IG8 9FB, £350,000

Evergreen Apartments, Woodford Green, IG8 9FB - 3 views - 2 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£215K - £760K
Sold Prices/m²£3.7K/m² - £8.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£377,031
BMV8%

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

£1,500 - £2,750

Rent Estimate

£1,619

Running Costs/mo

£1,438

Cashflow/mo

£181

Cashflow/yr

£2,177

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £215K to £760K, average is £375K. £3.7K/m² to £8.6K/m², average is £6.3K/m².

PriceDateDistanceAddressBeds 
£495K01/210.11 miGround Floor Flat, 28, Chelmsford Road, South Woodford, London, Greater London E18 2PL2
£495K01/210.13 miGround Floor Flat, 28, Chelmsford Road, South Woodford, London, Greater London E18 2PL2
£422.5K11/200.23 mi42b, Malmesbury Road, London, Greater London E18 2NN2
£469K06/210.23 mi20a, Malmesbury Road, London, Greater London E18 2NN2
£380K04/210.28 miFlat 1, Mitre Court, Churchfields, London, Greater London E18 2TJ2
£340K01/210.31 mi9a, Walpole Road, London, Greater London E18 2LN2
£325K05/210.37 mi39, Avondale Court, London, Greater London E18 2RD2
£352K09/210.38 mi33, Avondale Court, London, Greater London E18 2RD2
£352.5K11/200.38 mi2, Avondale Court, London, Greater London E18 2RD2
£305K03/210.38 mi26, Avondale Court, London, Greater London E18 2RD2
£327.4K05/210.38 mi15, Avondale Court, London, Greater London E18 2RD2
£420K06/210.44 miFlat 5, Hanover House, Eastwood Road, London, Greater London E18 1BN2
£760K05/210.47 mi27, Higham Road, Woodford Green, Greater London IG8 9JN2
£289K06/210.51 mi9, Roycroft Close, London, Greater London E18 1DZ2
£410K02/210.54 miGround Floor Flat, 57, Gordon Road, South Woodford, London, Greater London E18 1DT2
£354K06/210.54 miFlat 79, Malford Court, The Drive, London, Greater London E18 2HT2
£400K12/210.54 miFlat 78, Malford Court, The Drive, London, Greater London E18 2HT2
£365K10/220.56 miFlat 39, Malford Court, The Drive, London, Greater London E18 2HS2
£410K01/230.56 miFlat 84, Malford Court, The Drive, London, Greater London E18 2HT2
£358K11/200.57 mi55, Glengall Road, Woodford Green, Greater London IG8 0DN2
£415K06/210.6 mi24, Alveston Square, London, Greater London E18 1AQ2
£450K08/210.6 mi60a, Mulberry Way, London, Greater London E18 1ED2
£415K02/230.6 miFlat 3, Millbrook, Woodford Road, London, Greater London E18 2EB2
£245K09/210.63 mi67, Chingford Lane, Woodford Green, Greater London IG8 9QT2
£400K10/220.63 mi33, Chingford Lane, Woodford Green, Greater London IG8 9QT2
£370K02/230.64 mi43, Snakes Lane West, Woodford Green, Greater London IG8 0DE2
£347K10/210.64 mi7, Savill Row, Woodford Green, Greater London IG8 0UH2
£325K05/210.67 mi30, Tamar Square, Woodford Green, Greater London IG8 0EA2
£330K12/200.67 mi27, Tamar Square, Woodford Green, Greater London IG8 0EA2
£535K03/210.68 mi20, Ashdon Close, Woodford Green, Greater London IG8 0EF2
£395K03/210.68 mi7a, Daisy Road, London, Greater London E18 1EA2
£450K01/210.69 mi59a, Cowslip Road, London, Greater London E18 1JN2
£330K12/210.69 mi98, St Barnabas Road, Woodford Green, Greater London IG8 7DE2
£375K11/200.69 mi108, St Barnabas Road, Woodford Green, Greater London IG8 7DE2
£410K11/220.69 mi78a, Marlborough Road, London, Greater London E18 1AP2
£430K11/220.7 mi37, Crescent Road, London, Greater London E18 1JA2
£285.1K11/200.72 mi12, Lynwood Close, London, Greater London E18 1DP2
£338K03/210.74 miFlat 23, Ferndown, Woodford Road, London, Greater London E18 2ED2
£437.5K09/210.75 mi50, George Lane, London, Greater London E18 1LW2
£600K11/200.75 miFlat 1, Embassy Court, Woodford Road, London, Greater London E18 2EE2
£390K12/220.76 mi30, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£341K11/210.76 mi32, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£370K11/210.76 mi64, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£520K03/210.77 mi12a, Clarendon Road, London, Greater London E18 2AW2
£345K10/220.77 mi38, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW2
£455K03/210.78 mi20a, Victoria Road, London, Greater London E18 1LG2
£350K03/210.78 mi25, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP2
£305K06/210.78 mi53, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP2
£215K02/230.8 miFlat 90, Blenheim Court, Navestock Crescent, Woodford Green, Greater London IG8 7BB2
£375K03/230.82 miFlat 5, Helmsley, Cleveland Road, London, Greater London E18 2AY2

Local Rents

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

RentDateDistanceAddressBeds 
£1,72505/240 miEvergreen Apartment, Woodford Green2
£1,75004/240.02 miHigh Road, Woodford Green2
£1,75003/240.06 miHigh Road, London E182
£1,85003/250.07 mi-2
£1,80004/240.08 miSt Albans Crescent, Woodford Green, IG82
£1,80004/240.13 mi-2
£1,75004/240.15 miArnold Court, London, E182
£1,75005/240.15 mi-2
£1,95003/250.17 mi-2
£2,25003/240.18 miHigh Road, London, E182
£1,90004/240.19 mi-2
£1,90003/240.19 miRectory Court, London, E182
£1,85003/240.24 miGrove Road, South Woodford, E182
£2,00003/240.27 miQueen Mary Avenue, E182
£1,80002/250.28 mi-2
£1,90004/240.28 miQueen Mary Gate, South Woodford E182
£1,80003/240.28 miCarnarvon Road, London, E182
£1,80003/240.28 miGlebe House, South Woodford, E182
£1,65004/240.29 miBuckingham Road, London, E182
£1,75005/240.29 miQueen Mary Avenue, London, E182
£1,90004/240.29 mi-2
£1,90004/240.31 miQueen Mary Avenue, London, E182
£1,90005/240.31 mi-2
£1,80005/240.31 miQueen Mary Avenue, E182
£2,75003/240.31 mi-2
£2,15005/240.31 mi-2
£2,20003/240.31 miQueen Mary Avenue, London, E182
£2,15004/240.31 miQueen Mary Avenue, London, E182
£2,15005/240.31 miQueen Mary Avenue, London, E182
£1,62503/240.32 miHigh Rd, London, E182
£1,80002/240.32 mi-2
£1,62505/240.32 mi-2
£1,99503/240.32 miQueen Mary Avenue, London, E182
£1,99503/240.32 miQueen Mary Avenue, London2
£1,85002/250.33 mi-2
£1,95003/250.33 mi-2
£1,85005/240.34 miQueen Mary Avenue, London, E182
£1,90003/240.34 miRegency Court, High Road, South Woodford, London, E182
£1,85003/240.34 miQueen Mary Avenue, London, E182
£1,85004/240.34 mi-2
£1,85003/240.35 miRegency Court, 8-111 High Road, South Woodford, E182
£1,85005/240.35 miRegency Court, 8-111 High Road, South Woodford, London, E182
£1,75003/240.35 miRegency Court, 8-111 High Road, South Woodford, E182
£2,00012/240.35 mi-2
£2,20005/240.36 miCarnarvon Road, London, E182
£2,15001/250.38 mi-2
£1,60003/240.38 miChurchfields, London, E182
£1,70004/240.38 miAvondale Court, South Woodford, E182
£1,50005/240.38 miFirst Floor Flat, Avondale Court2
£1,70004/240.39 miWashington Road, London, E182

Local Area Statistics

Population in IG8

35,894

Town centre distance

0.94 miles away

Nearest school

0.20 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £350,000

February 22, 2025

Floor Plans

Description

  • Two Bedrooms +
  • Secure Underground Parking +
  • South Facing Balcony +
  • Two Bathrooms +
  • Video Entry Phone System +
  • Lift to All Floors +
  • Open Plan Living +

Welcome to your dream home in Woodford Green—an exquisite 2-bedroom flat situated in the heart of High Road. Boasting a prime location and a host of remarkable features, this property is truly something special.

Step inside your new abode and be greeted by an open plan living space, flooded with natural light thanks to large windows that showcase the beauty of the surrounding area. The spacious lounge area offers plenty of room for entertaining guests or relaxing after a long day. The adjoining kitchen is a stylish haven for any aspiring chef, complete with modern appliances, ample storage, and a breakfast bar for casual dining.

The flat encompasses two generously sized bedrooms, providing a tranquil and private retreat. The master bedroom boasts an en-suite bathroom and the second bedroom is equally spacious.

As you step outside onto the south-facing balcony, you'll enjoy breathtaking views of the vibrant neighborhood. It's the ideal spot for savoring your morning coffee or basking in the sun's warmth while enjoying a good book.

For added convenience, this exceptional property includes secure underground parking—a rarity in the area. You'll never have to worry about finding a parking spot or protecting your vehicle from the elements.

Safety and security are of utmost importance, and this flat offers peace of mind with its video entry phone system. You can easily screen visitors and grant access without compromising your safety.

Accessibility is a breeze with a lift that services all floors. Say goodbye to climbing stairs with heavy bags or navigating your way after a tiring day. This feature also ensures that the property remains accessible for all, regardless of mobility.

The location of this flat is highly sought after. Situated in Woodford Green and in close proximity to South Woodford, you'll have easy access to the stunning Epping Forest, perfect for exploring nature trails and enjoying peaceful walks. The area also has excellent transport links, with the nearest underground station just a short walk away.

Whether you're a first-time buyer, small family, or savvy investor, this flat offers an excellent opportunity. The combination of its stunning design, convenient location, and impressive amenities make it a truly remarkable property. Don't miss out on the chance to make this place your own. Arrange a viewing today!

Agent Details

Ivy & Stone, Covering East London and West Essex

020 7046 0338

Next Steps?

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