2 Bed Flat, Single Let, Buckhurst Hill, IG9 5RN, £375,000

Church Road, Buckhurst Hill, IG9 5RN - a month ago

BTL
~68 m²
+16 photos

ValuationOvervalued

Sold Prices£265K - £710K
Sold Prices/m²£3.7K/m² - £8.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.5K/m²

Value Estimate

£344,670

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£26,200

Total Cash In

£119,950

 

 

Cash Out

 

Rent Range

£1,250 - £2,750

Rent Estimate

£1,475

Running Costs/mo

£1,487

Cashflow/mo

£-12

Cashflow/yr

£-142

Gross Yield

5%

Local Sold Prices

37 sold prices from £265K to £710K, average is £345K. £3.7K/m² to £8.5K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£345K02/230.18 miFlat 27, Block A, Ardmore Lane, Buckhurst Hill, Essex IG9 5RY2
£380K01/210.21 mi21, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£365K02/210.21 mi18, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£370K12/220.22 mi17, The Cedars, Buckhurst Hill, Essex IG9 5TS2
£265K10/220.23 miFlat 29, St James Gate, Palmerston Road, Buckhurst Hill, Essex IG9 5NJ2
£320K02/210.24 miFlat 42, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2
£408K09/220.24 miFlat 43, Forest Heights, Epping New Road, Buckhurst Hill, Essex IG9 5TE2
£320K06/210.26 miFlat 21, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£415K12/200.27 miFlat 22, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SH2
£355K12/200.28 miFlat 70, Greenhill, High Road, Buckhurst Hill, Essex IG9 5SQ2
£380K03/210.34 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£380K03/210.34 miFlat 1, Knighton Green, High Road, Buckhurst Hill, Essex IG9 5HD2
£495K11/220.36 mi1, Wimborne Close, Buckhurst Hill, Essex IG9 5DN2
£710K12/200.39 miFlat 11, Roebuck Heights, North End, Buckhurst Hill, Essex IG9 5RF2
£395K07/210.39 mi73, Westbury Lane, Buckhurst Hill, Essex IG9 5PH2
£411K06/210.43 mi12, Russell Road, Buckhurst Hill, Essex IG9 5QJ2
£455K02/230.43 mi690, High Road, Buckhurst Hill, Greater London IG9 5HN2
£465K06/210.57 miFlat 6, George Court, Kings Place, Buckhurst Hill, Essex IG9 5HR2
£320K05/210.58 miFlat 46, Seymour Court, Whitehall Road, London, Greater London E4 6DZ2
£356K03/210.71 mi169a, Whitehall Road, Woodford Green, Greater London IG8 0RH2
£337.5K01/230.82 mi22, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£310K12/200.83 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£305K11/200.83 mi30, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£310K12/200.83 mi65, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£320K08/220.83 mi32, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£315K03/230.83 mi66, Cedar Close, Buckhurst Hill, Essex IG9 6EJ2
£390K06/230.86 miFlat 2, Cavendish Court, Gordon Road, London, Greater London E4 6DL2
£390K06/210.9 mi1a, Forest Avenue, London, Greater London E4 6AR2
£340K05/210.91 miApartment 6, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£350K03/210.91 miApartment 15, Raine Gardens, Mornington Road, Woodford Green, Greater London IG8 0UA2
£295K07/230.96 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£290K11/200.96 mi29a, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£265K02/210.96 mi23, Hornbeam Road, Buckhurst Hill, Essex IG9 6JT2
£285K10/200.98 mi40a, Station Way, Buckhurst Hill, Essex IG9 6LN2
£320K01/210.98 mi32, Station Way, Buckhurst Hill, Essex IG9 6LN2
£325K06/210.98 miFlat 6, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2
£325K01/210.98 miFlat 4, Highview House, Hornbeam Road, Buckhurst Hill, Essex IG9 6HH2

Local Rents

49 rents from £1.3K/mo to £2.8K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,59008/240.01 mi-2
£2,00007/240.12 miBuckhurst Hill, IG92
£1,67505/240.14 miBuckhurst Hill2
£1,80007/240.15 miBuckhurst Hill, IG92
£1,60005/240.2 miStag Lane, Buckhurst Hill2
£1,80008/240.21 miStag Heights, Buckhurst Hill, IG92
£1,75004/240.22 miStag Lane, Buckhurst Hill2
£1,70001/240.23 miBuckhurst Hill, Buckhurst Hill, IG92
£1,87501/240.23 miBuckhurst Hill, Buckhurst Hill, IG92
£1,85004/240.23 miShore Point, High Road, Buckhurst Hill, IG92
£2,00004/240.23 miHigh Road, Buckhurst Hill2
£1,85008/240.23 miForest Heights, Epping New Road, Buckhurst Hill, IG92
£1,85002/250.25 mi-2
£1,65004/240.26 miBuckhurst Hill House, Queens Road, Buckhurst Hill, IG92
£1,85007/240.26 miGreenhill, High Rd2
£1,75004/240.27 miFawn Heights, Stag Lane, Buckhurst Hill IG92
£1,55003/250.27 mi-2
£1,45008/240.27 miBuckhurst Hill2
£1,85004/240.28 miGreen Hill, Buckhurst Hill, IG9 2
£1,50004/240.29 mi-2
£1,50004/240.29 mi-2
£1,80003/250.29 mi-2
£1,80003/250.29 mi-2
£2,20008/240.3 mi-2
£1,60006/240.32 miBuckhurst Hill, IG92
£1,59507/240.32 miQueens Road, Buckhurst Hill2
£1,60012/240.33 mi-2
£1,25001/240.33 mi Queens Road, Buckhurst Hill, IG92
£1,47507/240.34 mi-2
£1,47502/250.34 mi-2
£1,49504/250.34 mi-2
£2,10007/240.38 miQueens Road, Buckhurst Hill, IG92
£2,10007/240.38 miQueens Road, Buckhurst Hill, IG92
£2,10007/240.38 miQueens Road, Buckhurst Hill, IG92
£1,80004/240.38 mi-2
£1,70004/240.38 miPrinces Road, Buckhurst Hill, IG92
£2,50001/240.39 miQueens Road, Buckhurst Hill2
£2,20004/240.4 mi-2
£1,80001/240.41 miBuckhurst Hill, Buckhurst Hill, IG92
£1,99508/240.42 miPrinces Road, Buckhurst Hill2
£1,60004/240.42 miIbrox Court, IG92
£1,55005/240.47 miBuckhurst Hill2
£1,50006/240.49 miRoebuck Lane, Buckhurst Hill, IG92
£1,85008/240.51 mi83 Queens Road, Buckhurst Hill, IG92
£2,75004/240.52 miEton Heights, Whitehall Road, Woodford Green2
£1,80001/250.53 mi-2
£1,59505/240.53 miBuckhurst Hill2
£1,60007/240.53 miQueens Road, Buckhurst Hill2
£2,00008/240.56 miPalace Gardens, Buckhurst Hill, IG92

Local Area Statistics

Population in IG9

12,744

Population in Buckhurst Hill

12,817

Town centre distance

0.49 miles away

Nearest school

0.10 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £375,000

March 10, 2025

Floor Plans

Description

  • Beautifully presented first floor apartment +
  • Two well appointed bedrooms +
  • Spacious lounge / dining room +
  • Modern integrated kitchen +
  • Contemporary bathroom +
  • Share of freehold +
  • Gated development with communal gardens +
  • Allocated parking and garage en bloc +
  • Excellent location for shops, schools & Central Line +
  • EPC rating C78 / Council Tax band C +

A bright and airy two bedroom first floor apartment which forms part of this popular gated development which is ideally placed for Queen's Road, the Central Line Station and Epping Forest. Features include two well appointed bedrooms, contemporary kitchen and bathroom, a spacious lounge / diner with a garage en bloc.

Location

Fernbank is located in an excellent spot with Queens Road's boutique shops, cafes, Waitrose, the Central Line Station and the highly regarded St Johns Primary School just a short walk away. The development is surrounded by green spaces with Epping Forest and the Duck Pond on the door step. Buckhurst Hill is a desirable location for many reasons including excellent transport links to the City via the underground and for road users, the M25, M11 and routes into London are close by. The area is also well served for leisure pursuits with a good selection of tennis, cricket and golf clubs and there are an outstanding range of state and independent schools.

Interior

This bright and spacious first floor apartment commences with a welcoming entrance hall with access to all rooms. The lounge / dining room is a spacious room, running the full depth of the building with building to front and rear aspects, offering ample space for relaxing, dining and entertaining. The kitchen has been updated recently with integrated appliances with contrasting worktops and high gloss units. The two bedrooms are both a good size, each with fitted wardrobes, and both served by a modern family bathroom with a white suite, and fully tiled with complementary tiling.

Exterior

Fernbank is a secure gated development with well maintained communal gardens and parking and this flat is offered with a garage en bloc and one allocated parking space.

Agent's note

This apartment is sold with a Share of the Freehold and a lease with well over 900 years remaining. There is no ground rent payable and the present service charge amounts to £1,475 per annum. This includes the cost of buildings insurance alongside the maintenance of the grounds and communal areas.

Agent Details

Farr O'Neil, Buckhurst Hill

020 3870 7037

Next Steps?

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