3 Bed Semi-Detached House, Single Let, Loughton, IG10 1TJ, £370,000

Hatfields, Loughton, Essex, IG10 1TJ - 8 days ago

Auction
BTL
ROI: 3%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£300K - £925K
Sold Prices/m²£3K/m² - £7.5K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£462,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£92,500

Stamp Duty & Legal Fees

£28,200

Total Cash In

£120,700

 

 

Cash Out

 

Rent Range

£1,750 - £2,550

Rent Estimate

£1,800

Running Costs/mo

£1,536

Cashflow/mo

£264

Cashflow/yr

£3,165

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £300K to £925K, average is £463K. £3K/m² to £7.5K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£445K03/210 mi21, Hatfields, Loughton, Essex IG10 1TJ3
£305K08/210.06 mi57, Newmans Lane, Loughton, Essex IG10 1TN3
£375K06/210.14 mi39, Newmans Lane, Loughton, Essex IG10 1TW3
£515K03/210.15 mi81, Whitehills Road, Loughton, Essex IG10 1TU3
£380K09/210.15 mi88, Whitehills Road, Loughton, Essex IG10 1TU3
£370K11/220.15 mi10, Newmans Close, Loughton, Essex IG10 1TP3
£400K06/210.15 mi45, Harvey Gardens, Loughton, Essex IG10 2AD3
£520K07/210.18 mi5, Beech Close, Loughton, Essex IG10 2PH3
£450K09/210.18 mi42, Ibbetson Path, Loughton, Essex IG10 2AS3
£510K01/230.19 mi1, Beech Close, Loughton, Essex IG10 2PH3
£493K11/220.19 mi34, Ibbetson Path, Loughton, Essex IG10 2AS3
£525K12/220.22 mi3, Cedar Drive, Loughton, Essex IG10 2PA3
£440K11/200.23 mi7, Maybury Close, Loughton, Essex IG10 3PF3
£370K06/210.23 mi18, Appleton Road, Loughton, Essex IG10 2HH3
£350K04/210.23 mi1, Appleton Road, Loughton, Essex IG10 2HH3
£450K02/210.25 mi17, Barrington Green, Loughton, Essex IG10 2BA3
£425K12/200.26 mi164, Colson Road, Loughton, Essex IG10 3RA3
£500K12/220.27 mi7, Colson Path, Loughton, Essex IG10 3QZ3
£470K09/210.28 mi20, School House Gardens, Loughton, Essex IG10 3PD3
£300K06/210.29 mi30, Doubleday Road, Loughton, Essex IG10 2AU3
£450K08/210.3 mi33, Doubleday Road, Loughton, Essex IG10 2AU3
£430K04/230.3 mi166, Borders Lane, Loughton, Essex IG10 3RZ3
£435K06/210.31 mi43, Burney Drive, Loughton, Essex IG10 2DX3
£414K07/230.31 mi67, Barrington Road, Loughton, Essex IG10 2AX3
£925K03/210.32 mi73, Roundmead Avenue, Loughton, Essex IG10 1PZ3
£435K12/200.32 mi8, Colson Gardens, Loughton, Essex IG10 3RE3
£490K02/230.32 mi22, Colson Gardens, Loughton, Essex IG10 3RE3
£440K04/210.33 mi107, Colson Road, Loughton, Essex IG10 3RF3
£507.7K06/210.33 mi24, Hanson Drive, Loughton, Essex IG10 2EB3
£461K05/210.33 mi38, Hanson Drive, Loughton, Essex IG10 2EB3
£480.5K02/230.33 mi32, Hanson Drive, Loughton, Essex IG10 2EB3
£447K06/210.33 mi42, Barfields, Loughton, Essex IG10 3JF3
£525K01/210.33 mi1, St Nicholas Place, Loughton, Essex IG10 1BF3
£680K12/200.34 mi11, Roundmead Avenue, Loughton, Essex IG10 1QA3
£440K06/230.34 mi58, Etheridge Road, Loughton, Essex IG10 2HY3
£790K02/210.34 mi27, Roundmead Avenue, Loughton, Essex IG10 1QA3
£485K10/210.35 mi21, Hanson Drive, Loughton, Essex IG10 2ED3
£385K03/210.35 mi12, Cherston Gardens, Loughton, Essex IG10 3PN3
£450K04/230.35 mi14, Honeycroft, Loughton, Essex IG10 3PR3
£646K01/230.35 mi22, Honeycroft, Loughton, Essex IG10 3PR3
£489K11/220.35 mi358, Willingale Road, Loughton, Essex IG10 2BW3
£780K03/230.36 mi29, Rectory Lane, Loughton, Essex IG10 1NZ3
£517K05/210.36 mi40, Mannock Drive, Loughton, Essex IG10 2JB3
£405K04/210.36 mi11, Ladyfields, Loughton, Essex IG10 3RR3
£548K02/210.37 mi4, Hanson Close, Loughton, Essex IG10 2EE3
£465K11/200.37 mi12, Hanson Close, Loughton, Essex IG10 2EE3
£475K12/220.38 mi16, Deepdene Path, Loughton, Essex IG10 3PS3
£547.5K07/230.38 mi53, Pyrles Lane, Loughton, Essex IG10 2NL3
£520K12/200.38 mi61, Pyrles Lane, Loughton, Essex IG10 2NL3
£495K02/210.38 mi4, Chigwell Lane, Loughton, Essex IG10 3RW3

Local Rents

27 rents from £1.8K/mo to £2.5K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,55004/240.07 miNewmans Lane, Loughton, IG103
£2,30004/240.11 mi-3
£1,85005/240.23 miMaybury Close, Loughton, IG103
£2,00004/240.24 mi-3
£1,90003/250.24 mi-3
£1,90002/250.24 mi-3
£2,19504/240.26 miBryony Close, Loughton, IG103
£2,10005/240.26 miBryony Close, Loughton, IG103
£2,10006/240.26 mi-3
£2,20003/250.26 mi-3
£2,19505/240.26 miBryony Close, Loughton3
£2,49511/240.3 mi-3
£2,15005/240.32 mi-3
£2,25004/240.35 miHoneycroft, Loughton, IG103
£2,25005/240.35 miHoneycroft, Loughton, IG103
£1,75004/250.36 mi-3
£1,80004/240.37 miWillingale Road, Loughton, IG103
£2,30002/250.38 mi-3
£1,90003/250.4 mi-3
£2,10005/240.4 miDeepdene Path, Loughton, IG103
£1,80005/240.41 mi-3
£1,95005/240.43 mi-3
£1,95004/240.43 miGoldingham Avenue, Loughton, IG103
£2,20003/250.44 mi-3
£2,00001/240.51 miThe Broadway, Loughton, Essex, IG103
£2,00004/240.57 miJessel Drive, Loughton IG103
£2,20004/240.62 miKingsley Road, Loughton, IG103

Local Area Statistics

Population in IG10

31,513

Population in Loughton

31,515

Town centre distance

0.84 miles away

Nearest school

0.40 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £370,000

April 4, 2025

Floor Plans

Description

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Situated in a sought after area of Loughton is this three bedroom end of terrace home which offers a fantastic opportunity for buyers to get onto the property ladder.

While of non standard construction, the property provides a solid investment.

There are three bedrooms, bathroom upstairs. To the ground floor two reception rooms and a kitchen

Agent Details

Bairstow Eves, Woodford Green

020 3835 6392

Next Steps?

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