2 Bed Flat, Single Let, Woodford Green, IG8 7DS, £260,000





ValuationUndervalued
Sold Prices | £200K - £760K |
Sold Prices/m² | £4.3K/m² - £8.6K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £3.8K/m² |
Value Estimate | £322,400£322,400 |
BMV | 24% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £65,000£65,000 |
Stamp Duty & Legal Fees | £14,700£14,700 |
Total Cash In | £79,700£79,700 |
| |
Cash Out | |
Rent Range | £1,500 - £2,750£1,500 - £2,750 |
Rent Estimate | £1,600 |
Running Costs/mo | £1,153£1,153 |
Cashflow/mo | £448£448 |
Cashflow/yr | £5,370£5,370 |
ROI | 7%7% |
Gross Yield | 7%7% |
Local Sold Prices
50 sold prices from £200K to £760K, average is £355.3K. £4.3K/m² to £8.6K/m², average is £5.7K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£215K | 02/23 | 0.17 mi | Flat 90, Blenheim Court, Navestock Crescent, Woodford Green, Greater London IG8 7BB | - | - | 2 | Flat | |
£200K | 12/22 | 0.18 mi | Flat 182, Lambourne Court, Navestock Crescent, Woodford Green, Greater London IG8 7BD | - | - | 2 | Flat | |
£330K | 12/21 | 0.19 mi | 98, St Barnabas Road, Woodford Green, Greater London IG8 7DE | £5,216 | 63 | 2 | Flat | |
£375K | 11/20 | 0.19 mi | 108, St Barnabas Road, Woodford Green, Greater London IG8 7DE | £4,868 | 77 | 2 | Flat | |
£210K | 03/23 | 0.2 mi | Flat 266, Sunset Court, Navestock Crescent, Woodford Green, Greater London IG8 7BE | - | - | 2 | Flat | |
£285.1K | 11/20 | 0.21 mi | 12, Lynwood Close, London, Greater London E18 1DP | £4,525 | 63 | 2 | Flat | |
£410K | 02/21 | 0.22 mi | Ground Floor Flat, 57, Gordon Road, South Woodford, London, Greater London E18 1DT | - | - | 2 | Flat | |
£405K | 11/22 | 0.24 mi | 31, Fyfield Road, Woodford Green, Greater London IG8 7JU | £5,870 | 69 | 2 | Flat | |
£390K | 12/22 | 0.26 mi | 30, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW | £7,647 | 51 | 2 | Flat | |
£341K | 11/21 | 0.26 mi | 32, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW | £6,338 | 54 | 2 | Flat | |
£370K | 11/21 | 0.26 mi | 64, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW | £8,009 | 46 | 2 | Flat | |
£350K | 10/20 | 0.26 mi | 54, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW | £6,250 | 56 | 2 | Flat | |
£345K | 10/22 | 0.26 mi | 38, St Anthonys Avenue, Woodford Green, Greater London IG8 7EW | £8,625 | 40 | 2 | Flat | |
£289K | 06/21 | 0.28 mi | 9, Roycroft Close, London, Greater London E18 1DZ | - | - | 2 | Flat | |
£350K | 03/21 | 0.28 mi | 25, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP | £6,364 | 55 | 2 | Flat | |
£305K | 06/21 | 0.28 mi | 53, St Anthonys Avenue, Woodford Green, Greater London IG8 7EP | £5,607 | 54 | 2 | Flat | |
£340K | 11/22 | 0.3 mi | 241, Chigwell Road, Woodford Green, Greater London IG8 8PP | £5,862 | 58 | 2 | Flat | |
£325K | 05/21 | 0.3 mi | 39, Avondale Court, London, Greater London E18 2RD | - | - | 2 | Flat | |
£352K | 09/21 | 0.3 mi | 33, Avondale Court, London, Greater London E18 2RD | - | - | 2 | Flat | |
£352.5K | 11/20 | 0.3 mi | 2, Avondale Court, London, Greater London E18 2RD | - | - | 2 | Flat | |
£305K | 03/21 | 0.3 mi | 26, Avondale Court, London, Greater London E18 2RD | - | - | 2 | Flat | |
£327.4K | 05/21 | 0.3 mi | 15, Avondale Court, London, Greater London E18 2RD | - | - | 2 | Flat | |
£300K | 05/21 | 0.33 mi | 333, Chigwell Road, Woodford Green, Greater London IG8 8PL | £5,660 | 53 | 2 | Flat | |
£370K | 10/20 | 0.34 mi | 90, Finchingfield Avenue, Woodford Green, Greater London IG8 7JR | £5,441 | 68 | 2 | Flat | |
£430K | 11/22 | 0.35 mi | 37, Crescent Road, London, Greater London E18 1JA | £6,254 | 69 | 2 | Flat | |
£375K | 08/21 | 0.35 mi | 5, Roxwell Way, Woodford Green, Greater London IG8 7JY | £5,435 | 69 | 2 | Flat | |
£280K | 11/21 | 0.36 mi | 42, Chalford Walk, Woodford Green, Greater London IG8 8PH | £5,714 | 49 | 2 | Flat | |
£408K | 12/22 | 0.37 mi | 35, Finchingfield Avenue, Woodford Green, Greater London IG8 7JZ | £5,746 | 71 | 2 | Flat | |
£377.5K | 06/21 | 0.37 mi | 33, Finchingfield Avenue, Woodford Green, Greater London IG8 7JZ | £4,794 | 79 | 2 | Flat | |
£380K | 04/21 | 0.41 mi | Flat 1, Mitre Court, Churchfields, London, Greater London E18 2TJ | £6,552 | 58 | 2 | Flat | |
£325K | 05/21 | 0.43 mi | 30, Tamar Square, Woodford Green, Greater London IG8 0EA | £4,333 | 75 | 2 | Flat | |
£330K | 12/20 | 0.43 mi | 27, Tamar Square, Woodford Green, Greater London IG8 0EA | £4,521 | 73 | 2 | Flat | |
£535K | 03/21 | 0.48 mi | 20, Ashdon Close, Woodford Green, Greater London IG8 0EF | £4,496 | 119 | 2 | Flat | |
£450K | 08/21 | 0.51 mi | 60a, Mulberry Way, London, Greater London E18 1ED | - | - | 2 | Flat | |
£300K | 12/22 | 0.53 mi | 92a, Snakes Lane East, Woodford Green, Greater London IG8 7HX | £4,478 | 67 | 2 | Flat | |
£375K | 08/21 | 0.54 mi | 13, Lechmere Avenue, Woodford Green, Greater London IG8 8QF | £5,659 | 66 | 2 | Flat | |
£365K | 08/21 | 0.54 mi | 17, Lechmere Avenue, Woodford Green, Greater London IG8 8QF | £6,293 | 58 | 2 | Flat | |
£390K | 05/23 | 0.54 mi | 92, Lechmere Avenue, Woodford Green, Greater London IG8 8QG | £5,069 | 77 | 2 | Flat | |
£420K | 06/21 | 0.54 mi | Flat 5, Hanover House, Eastwood Road, London, Greater London E18 1BN | - | - | 2 | Flat | |
£345K | 02/21 | 0.56 mi | 54, Lechmere Avenue, Woodford Green, Greater London IG8 8QQ | £5,565 | 62 | 2 | Flat | |
£358K | 11/20 | 0.59 mi | 55, Glengall Road, Woodford Green, Greater London IG8 0DN | £4,972 | 72 | 2 | Flat | |
£450K | 01/21 | 0.6 mi | 59a, Cowslip Road, London, Greater London E18 1JN | £6,522 | 69 | 2 | Flat | |
£395K | 03/21 | 0.64 mi | 7a, Daisy Road, London, Greater London E18 1EA | £7,315 | 54 | 2 | Flat | |
£760K | 05/21 | 0.64 mi | 27, Higham Road, Woodford Green, Greater London IG8 9JN | £4,578 | 166 | 2 | Flat | |
£370K | 02/23 | 0.66 mi | 43, Snakes Lane West, Woodford Green, Greater London IG8 0DE | - | - | 2 | Flat | |
£415K | 06/21 | 0.69 mi | 24, Alveston Square, London, Greater London E18 1AQ | £5,608 | 74 | 2 | Flat | |
£455K | 03/21 | 0.69 mi | 20a, Victoria Road, London, Greater London E18 1LG | £8,273 | 55 | 2 | Flat | |
£300K | 11/21 | 0.7 mi | Flat 29, Old Mill Court, Chigwell Road, London, Greater London E18 1NJ | - | - | 2 | Flat | |
£335.5K | 07/23 | 0.72 mi | Flat 3, Deborah Court, Victoria Road, London, Greater London E18 1LF | - | - | 2 | Flat | |
£495K | 01/21 | 0.72 mi | Ground Floor Flat, 28, Chelmsford Road, South Woodford, London, Greater London E18 2PL | - | - | 2 | Flat |
Local Rents
50 rents from £1.5K/mo to £2.8K/mo, average is £1.8K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,700 | 05/24 | 0 mi | The Firs, St. Barnabas Road, Woodford Green, Essex, IG8 | 2 | Flat | |
£1,650 | 12/24 | 0.17 mi | - | 2 | Flat | |
£1,850 | 04/24 | 0.19 mi | Lynwood Close, South Woodford | 2 | Flat | |
£1,850 | 05/24 | 0.19 mi | Lynwood Close, South Woodford | 2 | Flat | |
£1,800 | 05/24 | 0.2 mi | Gordon Road, London, E18 | 2 | Flat | |
£1,800 | 05/24 | 0.2 mi | - | 2 | Flat | |
£1,750 | 01/25 | 0.2 mi | - | 2 | Flat | |
£2,350 | 12/24 | 0.2 mi | - | 2 | Flat | |
£1,790 | 12/24 | 0.2 mi | - | 2 | Flat | |
£1,750 | 02/25 | 0.2 mi | - | 2 | Flat | |
£1,750 | 03/24 | 0.21 mi | Gordon Road, London | 2 | Flat | |
£1,750 | 04/24 | 0.28 mi | Gordon Road, South Woodford, E18 | 2 | Flat | |
£1,750 | 12/24 | 0.28 mi | - | 2 | Flat | |
£1,600 | 03/24 | 0.3 mi | Churchfields, London, E18 | 2 | Flat | |
£1,700 | 04/24 | 0.3 mi | Avondale Court, South Woodford, E18 | 2 | Flat | |
£1,500 | 05/24 | 0.3 mi | First Floor Flat, Avondale Court | 2 | Flat | |
£1,600 | 04/24 | 0.31 mi | - | 2 | Terraced House | |
£1,800 | 12/24 | 0.31 mi | - | 2 | Flat | |
£1,600 | 04/24 | 0.32 mi | Goldhaze Close, Woodford Green, IG8 | 2 | Terraced House | |
£1,800 | 05/24 | 0.33 mi | - | 2 | Flat | |
£1,700 | 06/24 | 0.33 mi | - | 2 | Flat | |
£1,750 | 03/24 | 0.33 mi | Diana Close, South Woodford | 2 | Flat | |
£1,800 | 04/24 | 0.33 mi | Woodford Green, IG8 | 2 | Flat | |
£1,700 | 04/24 | 0.33 mi | Woodford Green, IG8 | 2 | Flat | |
£1,550 | 04/24 | 0.33 mi | Diana Close, South Woodford | 2 | Flat | |
£1,750 | 04/24 | 0.34 mi | Diana Close, South Woodford, E18 | 2 | Flat | |
£1,750 | 11/23 | 0.35 mi | - | 2 | Flat | |
£1,750 | 03/24 | 0.37 mi | Diana Close, South Woodford | 2 | Flat | |
£1,600 | 05/24 | 0.38 mi | The Albany , Woodford Green, | 2 | Flat | |
£1,850 | 03/24 | 0.4 mi | Kingswood Heights, Queen Marys Gate, South Woodford, E18 | 2 | Flat | |
£1,750 | 03/25 | 0.43 mi | - | 2 | Flat | |
£1,995 | 03/24 | 0.44 mi | Queen Mary Avenue, London, E18 | 2 | Flat | |
£1,995 | 03/24 | 0.44 mi | Queen Mary Avenue, London | 2 | Flat | |
£2,000 | 12/24 | 0.44 mi | - | 2 | Flat | |
£1,850 | 05/24 | 0.46 mi | Queen Mary Avenue, London, E18 | 2 | Flat | |
£1,850 | 04/24 | 0.46 mi | - | 2 | Flat | |
£1,850 | 03/24 | 0.46 mi | Queen Mary Avenue, London, E18 | 2 | Flat | |
£1,850 | 02/25 | 0.47 mi | - | 2 | Flat | |
£1,950 | 03/25 | 0.47 mi | - | 2 | Flat | |
£1,800 | 05/24 | 0.48 mi | Queen Mary Avenue, E18 | 2 | Flat | |
£2,200 | 03/24 | 0.49 mi | Queen Mary Avenue, London, E18 | 2 | Flat | |
£2,150 | 04/24 | 0.49 mi | Queen Mary Avenue, London, E18 | 2 | Flat | |
£2,150 | 05/24 | 0.49 mi | Queen Mary Avenue, London, E18 | 2 | Flat | |
£2,750 | 03/24 | 0.49 mi | - | 2 | Flat | |
£2,150 | 05/24 | 0.49 mi | - | 2 | Flat | |
£1,950 | 02/25 | 0.49 mi | - | 2 | Flat | |
£1,900 | 05/24 | 0.5 mi | - | 2 | Flat | |
£1,900 | 04/24 | 0.5 mi | Queen Mary Avenue, London, E18 | 2 | Flat | |
£1,900 | 04/24 | 0.5 mi | Queen Mary Gate, South Woodford E18 | 2 | Flat | |
£1,900 | 11/24 | 0.5 mi | - | 2 | Flat |
Local Area Statistics
Population in IG8 | 35,89435,894 |
Town centre distance | 0.57 miles away0.57 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 0.50 miles away0.50 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +27%+27% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +12%+12% |
Property History
Listed for £260,000
March 7, 2025
Floor Plans

Description
- Buyers Fees apply - see brochure for details +
- <b>OPEN HOUSE SATURDAY 29TH MARCH 2025</b> - by appointment only +
- 2 bedroom first floor flat +
- No onwards chain +
- For sale by Modern Auction – T&Cs apply +
- Subject to an undisclosed Reserve Price +
This flat located on the first floor is ready to move straight into. The lounge area is a great size with large windows allowing natural light in to brighten up the room. It is an ideal purchase for a first time buyer or those looking for an investment especially as it is being offered with no onwards chain. The location is ideal for those commuting to Central London as Woodford Green Train Station is conveniently situated nearby. This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer.
Please refer to the footnote regarding the services and appliances.
Room sizes:
- Entrance Hall
- Lounge/Dining Room: 12'6 x 10'2 (3.81m x 3.10m)
- Kitchen: 7'0 x 6'6 (2.14m x 1.98m)
- Bedroom 1: 12'4 x 8'0 (3.76m x 2.44m)
- Bedroom 2: 9'1 x 5'4 (2.77m x 1.63m)
- Bathroom
- Off Street Parking
AUCTIONEER'S COMMENTS This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee, this being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. The seller can instruct iamsold to agree a sale without a bidding process taking place or prior to a closing date. No further bids can be accepted after a buyer has paid a Reservation Fee REFERRAL ARRANGEMENTS Douglas Allen and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Douglas Allen may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you. TO VIEW OR MAKE A BID - Contact Douglas Allen _
The information provided about this property does not constitute or form part of an offer or contract, nor may 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.
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Douglas Allen, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you. _
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