2 Bed Flat, Refurb/BRRR, London, E4 9EJ £275,000

Inks Green, Highams Park, E4 9EJ - 20 views - 8 months ago

Leasehold

Refurb/BRRR

ROI: 2%

~68 m²

ValuationFair Value

Sold Prices	£268K - £775K
Sold Prices/m²	£3.4K/m² - £11.3K/m²

Square Metres	~68.11 m²
Price/m²	£4K/m²
Value Estimate	£275,000£275,000

End Value (After Refurb)	£390,801£390,801
Uplift in Value	+42%+42%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£68,750£68,750
Stamp Duty & Legal Fees	£16,200£16,200
Refurb Costs	£36,033£36,033
Bridging Loan Interest	£7,219£7,219
Total Cash In	£129,952£129,952

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£390,801£390,801
Agent Fees (1%)	£3,908£3,908
Bridging Loan	£206,250£206,250
Bridging Loan Interest	£7,219£7,219
Flip Profit	£50,691£50,691

Local Sold Prices

50 sold prices from £268K to £775K, average is £350K. £3.4K/m² to £11.3K/m², average is £5.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£440K	01/25	0.05 mi	66, Merriam Close, London E4 9JQ	£6,027	73	2	Flat
£450K	01/25	0.05 mi	68, Merriam Close, London E4 9JQ	£5,625	80	2	Flat
£437.5K	12/24	0.07 mi	104, Merriam Close, London E4 9GF	£6,076	72	2	Flat
£390K	03/25	0.1 mi	4, 15 Oakdale Court, Oakdale Gardens, London E4 9HJ	£5,270	74	2	Flat
£395K	03/25	0.1 mi	3, 15 Oakdale Court, Oakdale Gardens, London E4 9HJ	£5,000	79	2	Flat
£270K	02/25	0.21 mi	Flat 3, 454 Capital House, Larkshall Road, London E4 9HH	£4,576	59	2	Flat
£415K	12/22	0.24 mi	1, Richmond Avenue, Highams Park, London, Greater London E4 9RR	£5,929	70	2	Flat
£420K	12/24	0.29 mi	5 Citius Court, 17, Jacks Farm Way, London E4 9FQ	£6,364	66	2	Flat
£380K	03/25	0.31 mi	54, Jacks Farm Way, London E4 9AQ	£5,758	66	2	Flat
£350K	08/25	0.31 mi	12, 117 Hawthorne Court, Higham Station Avenue, London E4 9UY	-	-	2	Flat
£275K	11/24	0.32 mi	115 Poplar Court, 5, Higham Station Avenue, London E4 9UX	£4,661	59	2	Flat
£527.5K	04/25	0.34 mi	111a, The Avenue, London E4 9RX	£7,226	73	2	Flat
£527.5K	04/25	0.34 mi	111a, The Avenue, London E4 9RX	-	-	2	Flat
£349.5K	04/23	0.36 mi	51e, Handsworth Avenue, London, Greater London E4 9PF	£4,854	72	2	Flat
£395K	03/25	0.36 mi	5, 24 Hedgemoor Court, Castle Avenue, London E4 9QE	£6,172	64	2	Flat
£328.1K	02/23	0.36 mi	Flat 4, Larkswood Court, The Avenue, London, Greater London E4 9SF	-	-	2	Flat
£365K	01/23	0.37 mi	Flat 11, Larkswood Court, The Avenue, London, Greater London E4 9SF	-	-	2	Flat
£345K	02/25	0.37 mi	10, Larkswood Court, The Avenue, Chingford E4 9SF	£4,726	73	2	Flat
£410K	03/25	0.37 mi	23, 153 Larkswood Court, The Avenue, London E4 9SF	-	-	2	Flat
£355K	01/25	0.38 mi	31, Flat 7, Castle Avenue, London E4 9PY	£6,455	55	2	Flat
£390K	02/25	0.38 mi	1, 71 Briarview Court, Handsworth Avenue, London E4 9PQ	-	-	2	Flat
£365K	06/21	0.38 mi	Flat 10, Briarview Court, Handsworth Avenue, London, Greater London E4 9PQ	-	-	2	Flat
£405K	12/22	0.41 mi	152a, Selwyn Avenue, London, Greater London E4 9LS	£11,250	36	2	Flat
£310K	01/23	0.47 mi	108b, New Road, London, Greater London E4 9SY	£6,327	49	2	Flat
£325K	07/23	0.48 mi	59, Frances Road, London, Greater London E4 9DL	£6,192	52	2	Flat
£310K	05/25	0.49 mi	52, Rolls Park Avenue, London E4 9DQ	£5,849	53	2	Flat
£310K	05/25	0.49 mi	52, Rolls Park Avenue, London E4 9DQ	-	-	2	Flat
£280K	09/21	0.54 mi	26, Kingsley Gardens, London, Greater London E4 8JS	£5,385	52	2	Flat
£307K	02/25	0.56 mi	28, Flat 3, Marlborough Road, London E4 9AL	£4,952	62	2	Flat
£330K	09/21	0.6 mi	397a, Hale End Road, Woodford Green, Greater London IG8 9LL	-	-	2	Flat
£310K	12/22	0.6 mi	6, Chadwick Avenue, London, Greater London E4 6NE	-	-	2	Flat
£350K	02/25	0.6 mi	1, 87 Draymans Court, Chingford Mount Road, London E4 8LU	£5,645	62	2	Flat
£350K	07/23	0.64 mi	19, Arbor Road, London, Greater London E4 6LJ	£5,738	61	2	Flat
£775K	06/21	0.68 mi	1a, Waterhall Avenue, London, Greater London E4 6NB	-	-	2	Flat
£370K	03/25	0.73 mi	31, Heathfield, London E4 6SE	£5,362	69	2	Flat
£268K	06/21	0.74 mi	52a, Old Church Road, London, Greater London E4 8DB	£3,436	78	2	Flat
£375K	03/25	0.75 mi	7, Hale Close, London E4 6SA	£5,357	70	2	Flat
£308K	08/21	0.75 mi	52b, Sinclair Road, London, Greater London E4 8PW	£6,417	48	2	Flat
£377K	02/23	0.76 mi	8, Hale Close, London, Greater London E4 6SA	£5,310	71	2	Flat
£320K	10/24	0.78 mi	Azalea Court, 8, The Oaks, Woodford Green IG8 9LX	£5,714	56	2	Flat
£328K	01/25	0.78 mi	10, Azalea Court, The Oaks, Woodford Green IG8 9LX	£5,754	57	2	Flat
£328K	01/25	0.78 mi	Azalea Court, 10, The Oaks, Woodford Green IG8 9LX	£5,754	57	2	Flat
£344.5K	03/23	0.8 mi	13, Sky Peals Road, Woodford Green, Greater London IG8 9NE	-	-	2	Flat
£320K	06/21	0.8 mi	Flat 29, Ingrebourne Court, Chingford Avenue, London, Greater London E4 6RL	-	-	2	Flat
£317.5K	06/21	0.8 mi	Flat 4, Ingrebourne Court, Chingford Avenue, Chingford, London, Greater London E4 6RL	-	-	2	Flat
£325K	08/25	0.81 mi	9, 95 Montalt House, Montalt Road, Woodford Green IG8 9TD	-	-	2	Flat
£372.5K	06/21	0.82 mi	Ground Floor Flat, 41a, Chingford Avenue, Chingford, London, Greater London E4 6RJ	-	-	2	Flat
£407.5K	06/25	0.82 mi	41a, Chingford Avenue, Chingford E4 6RJ	£5,401	75	2	Flat
£407.5K	06/25	0.82 mi	41a, Chingford Avenue, Chingford E4 6RJ	-	-	2	Flat
£345K	04/23	0.84 mi	70, Chingford Avenue, Chingford, London, Greater London E4 6RP	£5,565	62	2	Flat

Local Rents

50 rents from £1.4K/mo to £2.5K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,400	08/25	0.01 mi	Rolls Court, Inks Green, Highams Park	2	House
£1,500	05/25	0.02 mi	Rolls Court, Inks Green, Highams Park	2	Flat
£1,600	05/24	0.06 mi	Inks Green, Chingford, London, E4	2	Flat
£2,000	08/25	0.08 mi	Merriam Close, Highams Park, E4	2	Flat
£1,600	06/25	0.1 mi	Oakdale Gardens, London	2	Flat
£2,400	11/25	0.14 mi	Hickman Avenue, LONDON	2	Flat
£1,950	10/25	0.25 mi	Furrow House, 36 Hickman Avenue, E4	2	Flat
£1,900	09/25	0.27 mi	The Avenue, Highams Park, London E4	2	Flat
£1,795	12/24	0.27 mi	-	2	Flat
£1,750	05/24	0.28 mi	Jacks Farm Way, Highams Park	2	Flat
£1,650	04/24	0.29 mi	Castle Avenue, London	2	Flat
£1,695	08/25	0.29 mi	Bailey Court, Highams Park	2	Flat
£2,000	07/25	0.3 mi	Altius Court, Jacks Farm Way, London	2	Flat
£2,400	06/25	0.3 mi	Paxton House, Highams Park, London, E4	2	Flat
£1,600	03/24	0.31 mi	Hawthorn Court, London, E4	2	Flat
£1,600	04/24	0.31 mi	-	2	Flat
£1,650	10/25	0.31 mi	The Avenue, Poole, BH13 6	2	Flat
£1,900	10/25	0.31 mi	Altius Court, 3 Jacks Farm Way, Highams Park	2	Flat
£1,400	06/25	0.31 mi	The Avenue, London, E4	2	Flat
£2,200	04/24	0.32 mi	Jacks Farm Way, London, E4	2	Terraced House
£2,300	05/24	0.32 mi	-	2	Terraced House
£1,900	05/24	0.32 mi	Highams Park	2	Flat
£2,100	07/25	0.32 mi	Highams Park, E4	2	Flat
£2,000	10/25	0.32 mi	-	2	Flat
£1,550	03/24	0.32 mi	Poplar Court, London, E4	2	Flat
£1,650	03/24	0.32 mi	-	2	Flat
£1,600	04/24	0.32 mi	-	2	Flat
£1,550	04/24	0.32 mi	-	2	Flat
£1,650	02/25	0.32 mi	-	2	Flat
£1,600	04/25	0.32 mi	-	2	Flat
£1,400	07/25	0.33 mi	-	2	Flat
£1,350	06/25	0.33 mi	The Avenue, London, E4	2	Flat
£1,550	03/24	0.33 mi	Broadway Parade,Highams Park, E4, E4	2	Flat
£1,400	05/24	0.33 mi	Capital House, Larkshall Road, Highams Park, E4	2	Flat
£1,550	04/25	0.34 mi	-	2	Flat
£1,450	11/25	0.34 mi	Higham Station Avenue, Chingford, London. E4 9XG	2	Flat
£1,800	03/24	0.35 mi	25 Castle Avenue, Highams Park, London. E4 9PX	2	Flat
£2,000	06/25	0.35 mi	Castle Avenue, London	2	Flat
£2,000	03/24	0.36 mi	Handsworth Avenue, E4	2	Flat
£1,547	11/25	0.36 mi	Handsworth Avenue, Highams Park E4	2	Flat
£1,750	09/25	0.36 mi	Santosh House, Handsworth Avenue, E4	2	Flat
£2,500	04/24	0.36 mi	Selwyn Avenue, E4	2	Terraced House
£1,550	10/25	0.37 mi	TFF 9a Winchester Road, Highmas Park, London	2	Flat
£1,550	10/25	0.37 mi	Handsworth Avenue, Chingford	2	Flat
£1,600	06/25	0.37 mi	Handsworth Avenue, Chingford	2	Flat
£1,750	03/24	0.38 mi	Bailey Court, Castle Avenue, Highams Park, E4	2	Flat
£1,800	03/24	0.38 mi	-	2	Flat
£1,800	06/24	0.38 mi	-	2	Flat
£1,550	04/24	0.39 mi	Beaufort Close, London, E4	2	Flat
£1,500	05/24	0.39 mi	Beaufort Close, Chingford, E4	2	Flat

Local Area Statistics

Population in E4	60,22560,225
Population in London	4,771,9214,771,921
Town centre distance	7.25 miles away7.25 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.31 miles away0.31 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-12%-12%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £275,000

March 13, 2025

Floor Plans

Description

Nestled in the charming area of Inks Green, Highams Park, this two-bedroom flat presents a wonderful opportunity for those looking to create their ideal living space. Spanning an inviting 595 square feet, the property offers a comfortable layout that is perfect for individuals or small families.

One of the standout features of this apartment is its proximity to Highams Park Station, making it an excellent choice for commuters seeking easy access to central London. The surrounding area boasts a delightful community atmosphere, with local amenities and green spaces nearby, ideal for leisurely strolls or weekend outings.

While the flat is in need of modernisation, this presents a unique chance for buyers to personalise the space to their taste and style. With a little vision and creativity, you can transform this property into a contemporary haven that reflects your personality.

In summary, this flat in Inks Green is not just a home; it is a canvas awaiting your personal touch. With its prime location and potential for improvement, it is an opportunity not to be missed. Whether you are a first-time buyer or an investor, this property offers a promising prospect in a desirable area.

Agent Details

Churchill Estates, South Chingford & Highams Park

020 3835 2295

Next Steps?

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

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ValuationFair Value

Investment OpportunityOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Investment Opportunity

Local Sold Prices

Local Rents