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See how verdicts work2-bedroom flat · E18 2QU
Sold STCReduced £25k (−6.3%) on 26 OctListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enquire quoting ref 101719 to book a viewing online and connect to the local agent.
Beautifully Refurbished Two Bedroom Top Floor Apartment with Balcony, Garage & Long Lease A rare opportunity to purchase a beautifully presented two-bedroom top floor apartment, ideally situated within the highly sought-after Cedar Court, Churchfields, South Woodford.
What truly sets this home apart is its exceptional condition and the wonderful sense of care, pride and community that comes with it.
The current owners have thoughtfully refurbished the property throughout, creating a stylish, bright and welcoming home that is ready to move straight into.
For buyers searching for a home where the work has already been done, this property is a must see.
Occupying the third (top) floor of this purpose-built block, the apartment enjoys a peaceful position with lovely views and a real sense of privacy.
The accommodation is arranged around a welcoming central hallway and includes a spacious lounge, separate modern fitted kitchen, two bedrooms, bathroom and a private balcony — the perfect spot for a morning coffee or relaxing outdoors.
The generous lounge is filled with natural light and provides a wonderful main living space for both relaxing and entertaining.
The separate kitchen has been carefully updated, offering a modern and practical layout with excellent functionality.
The principal bedroom has been cleverly designed to include an adjoining additional room, creating a versatile space that could be used as a home office, dressing room, nursery, baby room or private workspace.
The second bedroom is also a great size, making this a fantastic home for first-time buyers, young families, professionals, downsizers or anyone needing flexible living space.
Externally, the property continues to impress.
The apartment benefits from a private balcony, its own garage, and private parking within the block secured with a bollard — features rarely found with similar apartments in the area.
A major advantage of this home is the building’s Right to Manage status.
Unlike many leasehold properties, the residents themselves control the management of the building, can allow residents greater involvement in how the building is managed.
This gives buyers valuable peace of mind knowing the building is carefully maintained with residents’ interests at heart.
The property also benefits from a newly extended lease with approximately 169 years remaining, zero ground rent (peppercorn) and an approximate service charge of only £1,280 per annum, making it an attractive and cost-effective choice compared with many similar flats locally.
Buyers are advised to confirm all lease, service charge and management information through their solicitor before exchange. The location is equally appealing.
Positioned directly opposite Churchfields Infant and Junior Schools, this home is ideally placed for families wanting nearby schooling.
South Woodford High Road is close by, offering a fantastic range of cafés, restaurants, shops and everyday amenities.
Transport links are excellent, with South Woodford Central Line Station within easy reach, providing direct connections into London.
The nearby beauty of Epping Forest also offers a wonderful escape for walks, outdoor activities and family time. Offered chain free, ample storage space and well maintained communal gardens.
A beautifully cared-for home combining style, space and convenience — complete with a balcony, garage, private parking, long lease and a genuine community feel.
Key Features Offers in the Region of £400,000 Two bedroom purpose built flat Top floor, third floor position Approximately 690 sq ft Excellent condition throughout Garage Spacious lounge with access to private balcony Separate fitted kitchen Principal bedroom with adjoining office, dressing room or nursery space Bathroom and central hallway Peppercorn ground rent Service charge approximately £1,280 per annum Offered chain free, communal gardens and ample storage Close to Churchfields Infant School and Churchfields Junior School Convenient for South Woodford High Road, green spaces, Epping Forest and Central Line Station Property enquiries and viewings are managed by OpenMoov.
Disclaimer: Sales: The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
Council tax rates have been obtained via the owner or VOA.gov and should be verified by your solicitor on purchase.
Lettings: The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Referencing requirements will apply, a holding deposit of 1 weeks rent and a full deposit of up to 5 weeks rent.
Council tax rates have been obtained via the owner or VOA.gov and should be verified prior to entering a tenancy agreement.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
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