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 %
- Est sale value
- 195,300.00 £Decreased by 34.04 %
- Average area rental value
- 1,631.00 £/moDecreased by 7.70 %
- Est letting value
- 700.00 £/moDecreased by 50.00 %
- Est rental Yield
- 5.98 %Increased by 4.18 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Woodhouse created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Burleigh Primary School | Community School | Good | 0.45 KM |
| Arlesdene Nursery School And Pre-School | Local Authority Nursery School | Outstanding | 0.46 KM |
| B6 Arlesdene Family Centre | Children's Centre | 0.52 KM | |
| Millbrook School | Community School | Requires improvement | 0.61 KM |
| Holy Trinity Church Of England Primary School | Voluntary Aided School | Good | 0.69 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| College Road | £ 0 | 0 | 0.00 KM |
| College Road | £ 0 | 0 | 0.00 KM |
| Alexander Court | £ 0 | 0 | 0.00 KM |
| Victoria Close | £ 221,662 | 0 | 0.00 KM |
| Moxon Avenue | £ 450,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Theobalds Grove | 6949 | TEO | 0.99 KM |
| Cheshunt | 6814 | CHN | 1.37 KM |
| Waltham Cross | 6823 | WLC | 2.10 KM |
| Turkey Street | 6952 | TUR | 3.41 KM |
| Enfield Lock | 6815 | ENL | 3.48 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Manorcroft Parade, College Road, Cheshunt, EN8 | £ 259,000 | BUY | 5 / 10 | 0.00 KM |
| Albury Grove Road, Cheshunt, Waltham Cross, Hertfordshire, EN8 8NS | £ 375,000 | BUY | 6 / 10 | 0.04 KM |
| Albury Grove Road, Cheshunt, Waltham Cross, Hertfordshire, EN8 8NS | £ 375,000 | BUY | Unknown | 0.04 KM |
| Albury Grove Road, Cheshunt, EN8 | £ 315,000 | BUY | 5 / 10 | 0.05 KM |
| College Road, Cheshunt, Waltham Cross, Hertfordshire, EN8 9NU | £ 190,000 | BUY | 5 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 21 Gaywood Avenue | £ 275,000 | 0.04 KM |
| 5 Gaywood Avenue | £ 245,000 | 0.04 KM |
| 17 Gaywood Avenue | £ 397,000 | 0.04 KM |
| 37 Gaywood Avenue | £ 231,000 | 0.04 KM |
| 35 Gaywood Avenue | £ 276,500 | 0.04 KM |