3 Bed Semi-Detached House, Single Let, London, E4 7RU, £350,000

Deer Leap Grove, London, E4 7RU - 2 views - a month ago

Auction
BTL
ROI: 8%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£420K - £1.3M
Sold Prices/m²£3.4K/m² - £9K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£420,000
BMV20%

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

£2,200 - £2,500

Rent Estimate

£2,313

Running Costs/mo

£1,576

Cashflow/mo

£737

Cashflow/yr

£8,840

ROI

8%

Gross Yield

8%

Local Sold Prices

30 sold prices from £420K to £1.3M, average is £515K. £3.4K/m² to £9K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£460K03/210.04 mi29, Yardley Lane, London, Greater London E4 7RS3
£435K07/230.1 mi66, Sewardstone Gardens, London, Greater London E4 7QE3
£485K06/210.11 mi42, Hawkwood Crescent, London, Greater London E4 7PN3
£460K06/210.13 mi26, Boardman Avenue, London, Greater London E4 7QD3
£615K06/230.2 mi68, Hawkwood Crescent, London, Greater London E4 7PJ3
£510K03/230.25 mi40, Epping Way, London, Greater London E4 7PB3
£520K03/230.26 mi105, Hawkwood Crescent, London, Greater London E4 7PH3
£467.5K12/210.33 mi35, Mark Avenue, London, Greater London E4 7NR3
£529K01/210.33 mi17, Mark Avenue, London, Greater London E4 7NR3
£520K05/210.37 mi2, Margaret Avenue, London, Greater London E4 7NP3
£831K01/230.42 mi4, South Avenue, London, Greater London E4 7NW3
£535K06/210.42 mi13, South Avenue, London, Greater London E4 7NW3
£547K01/210.53 mi5, Holly Drive, London, Greater London E4 7NG3
£465K04/210.54 mi2, Merryhill Close, London, Greater London E4 7PT3
£560K09/210.57 mi13, Maida Way, London, Greater London E4 7JL3
£500K07/230.6 mi31, Maida Avenue, London, Greater London E4 7JH3
£540K02/210.62 mi18, Maida Avenue, London, Greater London E4 7JN3
£450K05/210.65 mi83, Mansfield Hill, London, Greater London E4 7JP3
£500K11/200.65 mi81, Mansfield Hill, London, Greater London E4 7JP3
£420K06/210.66 mi130, College Gardens, London, Greater London E4 7LP3
£802.5K03/230.68 mi42, Pole Hill Road, London, Greater London E4 7LZ3
£784K12/200.68 mi33, Woodberry Way, London, Greater London E4 7DY3
£530K10/200.72 mi4, Arabia Close, London, Greater London E4 7DU3
£1.3M02/210.73 mi36, Forest View, Chingford, London, Greater London E4 7AU3
£440K06/210.75 mi165, Kings Head Hill, London, Greater London E4 7JG3
£600K03/210.77 mi8, Seymour Road, Chingford, London, Greater London E4 7LS3
£440K06/230.8 mi4, St Egberts Way, London, Greater London E4 6QH3
£690K04/230.88 mi27, Buxton Road, Chingford, London, Greater London E4 7DP3
£445K05/210.94 mi15, Meadow Close, London, Greater London E4 7LD3
£485K06/210.94 mi3, Meadow Close, London, Greater London E4 7LD3

Local Rents

11 rents from £2.2K/mo to £2.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,50001/250.17 mi-3
£2,50001/250.22 mi-3
£2,50012/230.28 mi-3
£2,30003/250.29 mi-3
£2,45001/250.29 mi-3
£2,35002/250.29 mi-3
£2,35003/250.29 mi-3
£2,35003/250.29 mi-3
£2,50003/250.29 mi-3
£2,20003/240.3 miAmesbury Drive, North Chingford, E43
£2,50002/240.32 mi-3

Local Area Statistics

Population in E4

60,225

Population in London

4,771,921

Town centre distance

8.90 miles away

Nearest school

0.20 miles away

Nearest train station

1.04 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £350,000

March 12, 2025

Description

  • ONLINE AUCTION +
  • SOLD VIA 'SECURE SALE' +
  • 3 BEDROOMS +
  • DOWNSTAIRS W.C +
  • COUNCIL TAX BAND A +
  • IMMEDIATE 'EXCHANGE OF CONTRACTS' AVAILABLE +
  • FREEHOLD +
  • 3 RECEPTIONS +
  • POTENITAL 'STPP' +
  • EPC RATING TBC +

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £350,000. This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

Kings Group are pleased to offer for sale this PRC-built semi-detached home in North Chingford.

The ground floor features an entrance porch and hallway, a spacious living room, a separate dining room, and a well-equipped kitchen with base and eye-level units. Additional benefits include a conservatory and a downstairs W.C.

On the first floor, there are two double bedrooms with fitted storage, a third single bedroom, and a family bathroom.

Externally, the property boasts front and rear gardens, both partially paved and laid to lawn, offering great outdoor space.

Don't miss out on this opportunity—contact us today to arrange a viewing!

Coverage
Mobile (based on calls indoors)
O2 - Average
EE - Average
Three - Good
Vodafone - Average

Broadband (estimated speeds)
Standard15 mbps
Superfast75 mbps
Ultrafast1800 mbps

Satellite & Cable TV Availability
BT
Sky

Porch -

Hall -

Living Room - 4.39m x 3.12m (14'5 x 10'3) -

Dining Room - 3.30m x 3.18m (10'10 x 10'5) -

Kitchen - 3.15m x 3.10m (10'4 x 10'2) -

Conservatory -

Downstairs W.C -

Landing -

Bedroom - 4.42m x 3.15m (14'6 x 10'4) -

Bedroom - 4.42m x 2.51m (14'6 x 8'3) -

Bedroom - 2.84m x 2.24m (9'4 x 7'4) -

Bathroom - 2.16m x 1.73m (7'1 x 5'8) -

Disclaimer - 1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. References to tenure of a property are based upon information supplied by the vendor. The agent has not had sight of the title documents, a buyer is advised to obtain verification from their solicitor.
6. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. KINGS GROUP NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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