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

Inks Green, Highams Park, E4 9EJ - 4 views - 17 days ago

Leasehold

Refurb/BRRR

ROI: 2%

~68 m²

+5 photos

ValuationFair Value

Sold Prices	£235K - £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

48 sold prices from £235K to £775K, average is £320K. £3.4K/m² to £11.3K/m², average is £5.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£415K	12/22	0.24 mi	1, Richmond Avenue, Highams Park, London, Greater London E4 9RR	£5,929	70	2	Flat
£341K	01/21	0.34 mi	8, Castle Avenue, London, Greater London E4 9QD	£5,167	66	2	Flat
£349.5K	04/23	0.36 mi	51e, Handsworth Avenue, London, Greater London E4 9PF	£4,854	72	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
£365K	06/21	0.38 mi	Flat 10, Briarview Court, Handsworth Avenue, London, Greater London E4 9PQ	-	-	2	Flat
£325K	10/20	0.38 mi	Flat 1, Briarview Court, Handsworth Avenue, London, Greater London E4 9PQ	-	-	2	Flat
£303K	12/20	0.39 mi	27, Beaufort Close, London, Greater London E4 9XF	£6,447	47	2	Flat
£303K	12/20	0.39 mi	27, Beaufort Close, London, Greater London E4 9XF	£6,447	47	2	Flat
£325K	04/21	0.41 mi	First Floor Flat, 33, Cavendish Road, London, Greater London E4 9NQ	-	-	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
£317K	04/21	0.52 mi	26, Suffield Road, London, Greater London E4 9TA	£5,870	54	2	Flat
£260K	04/21	0.54 mi	30, Kingsley Gardens, London, Greater London E4 8JS	£4,906	53	2	Flat
£280K	09/21	0.54 mi	26, Kingsley Gardens, London, Greater London E4 8JS	£5,385	52	2	Flat
£417.4K	04/21	0.56 mi	154, Forest Glade, London, Greater London E4 9RJ	£4,587	91	2	Flat
£255K	02/21	0.56 mi	32, Lockwood Place, London, Greater London E4 9AD	£4,811	53	2	Flat
£265K	02/21	0.57 mi	63, Hatch Lane, London, Greater London E4 6LP	£4,015	66	2	Flat
£311K	03/21	0.58 mi	12, Chingford Mount Road, London, Greater London E4 9AB	£6,018	52	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
£312K	10/20	0.62 mi	8, Chadwick Avenue, London, Greater London E4 6NE	£4,588	68	2	Flat
£350K	07/23	0.64 mi	19, Arbor Road, London, Greater London E4 6LJ	£5,738	61	2	Flat
£300K	01/21	0.65 mi	55, Sinclair Road, London, Greater London E4 8PH	£5,263	57	2	Flat
£775K	06/21	0.68 mi	1a, Waterhall Avenue, London, Greater London E4 6NB	-	-	2	Flat
£235K	10/20	0.73 mi	25, Cherrydown Avenue, London, Greater London E4 8DP	£3,615	65	2	Flat
£268K	06/21	0.74 mi	52a, Old Church Road, London, Greater London E4 8DB	£3,436	78	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
£325K	03/21	0.76 mi	174, Hale End Road, Woodford Green, Greater London IG8 9LZ	-	-	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
£372.5K	06/21	0.82 mi	Ground Floor Flat, 41a, Chingford Avenue, Chingford, London, Greater London E4 6RJ	-	-	2	Flat
£280K	01/21	0.83 mi	Flat 12, Phoenix Court, Chingford Avenue, Chingford, London, Greater London E4 6RH	-	-	2	Flat
£285K	05/21	0.83 mi	Flat 2, Phoenix Court, Chingford Avenue, Chingford, London, Greater London E4 6RH	-	-	2	Flat
£345K	04/23	0.84 mi	70, Chingford Avenue, Chingford, London, Greater London E4 6RP	£5,565	62	2	Flat
£320K	09/21	0.86 mi	126, Hampton Road, London, Greater London E4 8NR	£5,246	61	2	Flat
£337K	04/23	0.86 mi	Flat 2, Kingsmead Lodge, Heathcote Grove, London, Greater London E4 6RU	-	-	2	Flat
£295K	02/21	0.86 mi	Flat 2, Kingsmead Lodge, Heathcote Grove, London, Greater London E4 6RU	-	-	2	Flat
£303.5K	06/21	0.87 mi	3, Hall Gardens, London, Greater London E4 8HR	£6,194	49	2	Flat
£310K	12/20	0.87 mi	9, Hall Gardens, London, Greater London E4 8HR	£5,536	56	2	Flat
£330K	06/23	0.87 mi	1, Hall Gardens, London, Greater London E4 8HR	£4,818	69	2	Flat
£350K	10/20	0.89 mi	Flat 1, Kenilworth Court, Heathcote Grove, London, Greater London E4 6RX	-	-	2	Flat
£287K	07/23	0.9 mi	Flat 12, Morley Court, Sinclair Road, London, Greater London E4 8QR	-	-	2	Flat
£305K	03/21	0.97 mi	17, Peel Close, London, Greater London E4 6XU	£5,169	59	2	Flat
£375K	06/21	0.98 mi	28, The Albany, Woodford Green, Greater London IG8 0TJ	-	-	2	Flat

Local Rents

50 rents from £1.4K/mo to £2.5K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,600	05/24	0.06 mi	Inks Green, Chingford, 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
£1,600	03/24	0.31 mi	Hawthorn Court, London, E4	2	Flat
£1,600	04/24	0.31 mi	-	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
£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	02/25	0.32 mi	-	2	Flat
£1,450	03/25	0.33 mi	-	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	03/25	0.34 mi	-	2	Flat
£1,800	03/24	0.35 mi	25 Castle Avenue, Highams Park, London. E4 9PX	2	Flat
£2,000	03/24	0.36 mi	Handsworth Avenue, E4	2	Flat
£2,500	04/24	0.36 mi	Selwyn Avenue, E4	2	Terraced House
£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
£1,750	05/24	0.4 mi	Larkswood Court, London, E4	2	Flat
£1,750	05/24	0.4 mi	-	2	Flat
£1,800	05/24	0.44 mi	-	2	Flat
£1,800	05/24	0.44 mi	Hale End Road, London, E4	2	Flat
£2,100	04/24	0.45 mi	Haldan Road, Highams Park	2	Terraced House
£1,700	04/24	0.47 mi	Edward Avenue, Chingford E4	2	Flat
£1,600	03/24	0.47 mi	Mapleton Road, London, E4	2	Flat
£1,545	03/24	0.5 mi	Marlborough Road, Chingford, E4	2	Flat
£1,700	03/25	0.51 mi	-	2	Flat
£2,550	01/25	0.52 mi	-	2	Semi-Detached House
£1,800	03/25	0.56 mi	-	2	Flat
£1,800	04/24	0.56 mi	-	2	Flat
£1,800	03/24	0.56 mi	-	2	Flat
£1,800	04/24	0.56 mi	-	2	Flat
£1,800	04/24	0.56 mi	-	2	Flat
£1,800	03/24	0.57 mi	Lockwood Place, Chingford, E4	2	Flat
£2,000	05/24	0.57 mi	Lockwood Place, Chingford, London, E4	2	Flat
£1,800	03/25	0.58 mi	-	2	Flat
£1,800	03/25	0.58 mi	-	2	Flat
£1,925	03/24	0.58 mi	-	2	Flat
£1,500	03/24	0.6 mi	Chingford Mount Road Chingford, E4	2	Flat
£1,500	03/24	0.6 mi	Chingford Mount Road, Chingford, E4	2	Flat
£1,550	03/24	0.61 mi	Chingford Mount Road, 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)	+13%+13%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+26%+26%

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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