2 Bed Flat, Single Let, Waltham Cross, EN8 8LQ, £300,000

9 Lynton Parade, Turners Hill, Cheshunt, Hertfordshire, EN8 8LF - 2 views - 2 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£168K - £330K
Sold Prices/m²£3.2K/m² - £7.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£292,203

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,250 - £1,950

Rent Estimate

£1,400

Running Costs/mo

£1,238

Cashflow/mo

£163

Cashflow/yr

£1,950

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £168K to £330K, average is £249.5K. £3.2K/m² to £7.5K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£270K06/210.01 mi4a, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 8LA2
£257.5K11/200.07 mi1, Kelman Close, Waltham Cross, Hertfordshire EN8 8JL2
£190K06/210.07 miFlat 46, Edwards Court, Turners Hill, Waltham Cross, Hertfordshire EN8 8SA2
£249K06/210.09 mi15, Guinevere Gardens, Waltham Cross, Hertfordshire EN8 8EJ2
£265K07/210.09 mi3, Guinevere Gardens, Waltham Cross, Hertfordshire EN8 8EJ2
£223K07/230.09 mi27, Guinevere Gardens, Cheshunt, Waltham Cross, Hertfordshire EN8 8EJ2
£255K12/220.14 miFlat 42, Edwards Court, Turners Hill, Waltham Cross, Hertfordshire EN8 8SA2
£240K07/210.19 miFlat 3, Pegasus House, Crossbrook Street, Cheshunt, Waltham Cross, Hertfordshire EN8 8JU2
£253K07/210.21 mi145, Downfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8SS2
£255K04/210.23 mi11, Dairyglen Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 8JW2
£256K09/210.23 mi7, Dairyglen Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 8JW2
£235K03/230.24 mi16, Steward Close, Cheshunt, Waltham Cross, Hertfordshire EN8 8UW2
£300K01/230.27 miFlat 12, Chapman Courtyard, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9FD2
£250K11/200.36 miFlat 7, Southgate House, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9DA2
£205K11/220.37 miFlat 3, Alexander Court, Victoria Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9EP2
£270K11/220.39 miFlat 21, Northgate House, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire EN8 9BY2
£310K03/230.4 miFlat 7, Parkside, Montayne Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8LS2
£245K06/230.41 mi4a, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9DL2
£260K04/210.42 mi42, Cecil Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8TF2
£260K04/210.42 mi42, Cecil Road, Cheshunt, Waltham Cross, Hertfordshire EN8 8TF2
£205K06/230.44 miFlat 3, Glebe Court, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9FB2
£225K12/200.44 miFlat 8, Glebe Court, Clarendon Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9FB2
£279.5K02/230.48 miFlat 10, Akers Court, High Street, Waltham Cross, Hertfordshire EN8 7ED2
£240K12/200.51 miFlat 5, Trinity House, Trinity Lane, Waltham Cross, Hertfordshire EN8 7EF2
£227.5K11/200.51 miFlat 30, Trinity House, Trinity Lane, Waltham Cross, Hertfordshire EN8 7EF2
£265K01/230.51 mi38, Forest Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9DB2
£242K02/210.55 mi109, Prospect Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9QP2
£255K02/230.57 mi29, Oxford Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9QN2
£235K11/220.57 mi7, Oxford Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9QN2
£250K05/210.65 mi69, Bellamy Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9JU2
£237K04/230.69 miFlat 22, Burlington House, Swanfield Road, Waltham Cross, Hertfordshire EN8 7FG2
£304K04/230.69 mi6a, Royal Avenue, Waltham Cross, Hertfordshire EN8 7QS2
£215K03/210.69 mi46a, High Street, Cheshunt, Waltham Cross, Hertfordshire EN8 0AQ2
£233K09/210.73 miFlat 17, Sawyers Court, Sturlas Way, Waltham Cross, Hertfordshire EN8 7BJ2
£168K04/210.73 miFlat 33, Sawyers Court, Sturlas Way, Waltham Cross, Hertfordshire EN8 7BJ2
£285K03/210.77 mi24, Eastern Avenue, Waltham Cross, Hertfordshire EN8 7JD2
£310K02/230.78 mi12, St Marys Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9PX2
£190K10/200.78 mi41, St Marys Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9PX2
£297.5K02/210.78 mi63, Stains Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9JJ2
£315K11/220.79 mi42, Stains Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9JL2
£229.5K03/210.79 mi29, Birchfield Road, Cheshunt, Waltham Cross, Hertfordshire EN8 9PL2
£330K05/210.8 mi65a, Bury Green Road, Cheshunt, Waltham Cross, Hertfordshire EN7 5AG2
£240K03/210.85 mi7, Beecholm Mews, Cheshunt, Waltham Cross, Hertfordshire EN8 0DH2
£222K01/210.85 miFlat 30, Maple Leaf Court, Cross Road, Waltham Cross, Hertfordshire EN8 7HU2
£216.5K05/210.86 mi5, Kingsley Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 9PU2
£195K06/230.87 miFlat 41, Cliff Richard Court, High Street, Cheshunt, Waltham Cross, Hertfordshire EN8 0BE2
£190K06/210.87 miFlat 32, Cliff Richard Court, High Street, Cheshunt, Waltham Cross, Hertfordshire EN8 0BE2
£250K06/210.89 mi6, Shaw Close, Cheshunt, Waltham Cross, Hertfordshire EN8 0HD2
£240K02/210.89 mi15, Shaw Close, Cheshunt, Waltham Cross, Hertfordshire EN8 0HD2
£290K05/230.9 mi72, Whitefields Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0EL2

Local Rents

43 rents from £1.3K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,25003/240.01 miTurners Hill, Cheshunt, Waltham Cross, Hertfordshire, EN8 8LA2
£1,40004/240.12 miYukon Road, Broxbourne, EN102
£1,70012/240.14 miRussells Ride, Cheshunt2
£1,27505/240.15 miKing Arthur Court, Cheshunt, Hertfordshire, EN82
£1,39512/240.16 mi-2
£1,50004/240.19 miAlbury Grove Road, Cheshunt, EN82
£1,60004/250.19 mi-2
£1,95009/240.22 mi-2
£1,37811/230.23 mi-2
£1,60004/240.25 miDownfield Road, Cheshunt2
£1,60004/240.25 miDownfield Road, Cheshunt, Waltham Cross, Hertfordshire, EN8 8SS2
£1,60012/240.25 mi-2
£1,50012/240.26 miFriends Avenue, Cheshunt, Waltham Cross2
£1,50012/240.26 miFriends Avenue, Cheshunt, Waltham Cross, Hertfordshire, EN82
£1,75004/240.27 mi-2
£1,75004/240.27 miDairyglen Avenue, Cheshunt, Waltham Cross, EN82
£1,50003/250.27 mi-2
£1,90004/250.29 mi-2
£1,60005/240.3 mi-2
£1,45004/240.3 miWindmill Lane, Waltham Cross, EN82
£1,90004/250.31 mi-2
£1,59903/250.32 mi-2
£1,60004/250.34 mi-2
£1,50004/240.34 miClaire Court, Cheshunt, EN82
£1,40004/240.34 miSpringfield Road, Cheshunt2
£1,60004/240.35 miSouthgate House, Turners Hill, Cheshunt, Waltham Cross, Hertfordshire, EN8 9DA2
£1,45004/250.37 mi-2
£1,65003/250.41 mi-2
£1,72504/250.42 mi-2
£1,67503/250.46 mi-2
£1,70004/250.47 mi-2
£1,60004/240.47 miClifton Close, Cheshunt2
£1,50004/240.48 miAkers Court, High Street, Waltham Cross2
£1,35004/250.48 mi-2
£1,85012/240.49 mi-2
£1,50003/240.5 miTrinity House, Trinity Lane, Waltham Cross2
£1,49511/230.53 mi-2
£1,60004/250.53 mi-2
£1,85003/250.56 mi-2
£1,85003/250.56 mi-2
£1,90003/250.56 mi-2
£1,90003/250.56 mi-2
£1,65004/250.61 mi-2

Local Area Statistics

Population in EN8

35,758

Population in Waltham Cross

57,688

Town centre distance

1.04 miles away

Nearest school

0.20 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £300,000

February 28, 2025

Floor Plans

Description

  • TWO BEDROOM SECOND FLOOR APARTMENT +
  • LEASEHOLD +
  • PRIVATE COURTYARD +
  • 994 YEAR LEASE +
  • TURN KEY CONDITION +
  • VERSITILE LIVING SPACE +
  • TWO SPACIOUS BEDROOMS +
  • CLOSE TO SOUGHT AFTER SCHOOLS +
  • WALKING DISTANCE TO LOCAL SHOPS AND AMENITIES +
  • WALKING DISTANCE TO CHESHUNT STATION +

Kings Group are delighted to offer this BEAUTIFUL TWO BEDROOM SECOND FLOOR APARTMENT, WITH ITS OWN PRIVATE COURTYARD AREA AND A 994 YEAR LEASE !!

As you step into the property, you're welcomed by a spacious entrance hallway, To your right, you’ll find the lounge/diner, a well-proportioned and versatile space that can be adapted to suit your needs. Whether you prefer a dedicated dining area or an open-plan lounge setup, this flexible layout allows for a variety of configurations. Large windows invite plenty of natural light, creating a bright and airy atmosphere. Adjacent to the lounge is the kitchen, thoughtfully designed with modern fittings, ample worktop space, and storage units. Equipped with integrated appliances and a stylish finish, it provides a practical yet stylish cooking area.

The flat boasts two generous bedrooms, both of which can comfortably accommodate double beds and additional furnishings. The master bedroom benefits from built-in storage and views over the private courtyard area, while the second bedroom is perfect as a guest room, home office, or nursery. The bathroom is finished to a high standard, featuring a contemporary suite with a bath/shower, washbasin, and WC.

One of the standout features of this property is its private courtyard area, a rare find for a second-floor flat. This exclusive outdoor space provides a perfect retreat for relaxation, outdoor dining, or even a small garden setup. Completing the property is a 994-year lease, offering peace of mind and long-term security for the new owner.

Location - Located in the heart of the town centre this beautiful property is surrounded by everything a home owner needs in a new home. Ranging from local high street shops, popular restaurants, Tesco Supermarket, banks, cafes any many more high street shops and business, a new owner would struggle to find a better situated proeprty for day to day life needs. With the property being in the Town centre not only does it have local shops near by, you will also benefit from being walking distance to Laura Trott Leisure Centre, Cheshunt Community Hospital, Lea Valley Park and Cheshunt Community Sports Park.

Travel Links - Ripleys Yard also offers fantastic commute links, with Cheshunt Station being under a 10 minute walk away there are regular services to London Liverpool Street via Tottenham Hale, in under 30 minutes and Greater Anglia Service trains to destinations like Cambridge, Stansted Airport, and Hertford East. Alternatively you can use Theobalds Grove Station which is also just a 15 minute walk away which serves the route between Liverpool Street and Cheshunt (via Seven Sisters). In addition to the public transport links the A10 and M25 are also accessible in under 5 minutes.

Local Schools - With the property being ideal for first time buyers local schools may be an important criteria in your search which in addition the above that Ripley Yard offers, you also have some of the areas most sought after and popular schools such as Arlesdene Nursery School and Pre-School, Burleigh Primary School, Downfield Primary School and Goffs - Churchgate Academy are being under 0.5 miles away, with many more within a mile radius offering a huge choice of schools to choose from.

Council Tax Band - B
Construction Type - Standard (Brick, Tile)
Flood Risk - Rivers & Seas: Medium, Surface Water: Very Low

Agent Details

Kings Group, Cheshunt

01992 662238

Next Steps?

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