Manorcroft Parade, College Road, Cheshunt, EN8
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Manorcroft Parade, College Road, Cheshunt, EN8

By Woodhouse

£ 259,000

Reviews

2 out of 5 stars

Woodhouse says ..

Investment opportunity ** 2 x Apartments ** Both tenanted with gross income of £2,010 pcm (£24,120 pa) ** Studio Flat & 1-bedroom Flat ** Allocated parking ** By Old Pond and High Street amenities ** Walking distance to Cheshunt Station ** 115 year lease ** Viewings 7 days a we...

Property Oracle says ..

This property in Cheshunt, Hertfordshire, is a two-unit apartment building currently generating rental income. The listing highlights its investment potential, with both units occupied, generating a gross monthly income of £2,010. The property is conveniently located near Cheshunt and Theobalds Grove train stations, offering easy access to commuting routes. Local amenities are also within walking distance.

The provided photographs showcase a recently modernised kitchen and bathroom, presenting in relatively good condition. Other areas show signs of wear but appear well-maintained and functional. The absence of information about the overall square footage prevents detailed analysis on price per square foot and potential value compared to nearby homes. However, the price seems competitive given the rental income and location.

The lack of outdoor space is a significant drawback, limiting the overall desirability. Potential buyers should carefully consider their priorities before making an offer. Further investigation into leasehold details and potential maintenance responsibilities is strongly recommended. A survey by a qualified professional is also advised to gain a complete picture of the structural integrity and any potential future expenses.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
700.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
327,499.00 £
Decreased by 11.37 %
from 369,496.00 £
Est sale value
195,300.00 £
Decreased by 34.04 %
from 296,100.00 £
Average area rental value
1,631.00 £/mo
Decreased by 7.70 %
from 1,767.00 £/mo
Est letting value
700.00 £/mo
Decreased by 50.00 %
from 1,400.00 £/mo
Est rental Yield
5.98 %
Increased by 4.18 %
from 5.74 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Woodhouse created the listing.

Nearby Schools

NameTypeOfstedDistance
Burleigh Primary SchoolCommunity SchoolGood0.45 KM
Arlesdene Nursery School And Pre-SchoolLocal Authority Nursery SchoolOutstanding0.46 KM
B6 Arlesdene Family CentreChildren's Centre0.52 KM
Millbrook SchoolCommunity SchoolRequires improvement0.61 KM
Holy Trinity Church Of England Primary SchoolVoluntary Aided SchoolGood0.69 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
College Road £ 000.00 KM
College Road £ 000.00 KM
Alexander Court £ 000.00 KM
Victoria Close £ 221,66200.00 KM
Moxon Avenue £ 450,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Theobalds Grove6949TEO0.99 KM
Cheshunt6814CHN1.37 KM
Waltham Cross6823WLC2.10 KM
Turkey Street6952TUR3.41 KM
Enfield Lock6815ENL3.48 KM

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