Pear Tree Court

South Woodford, London

£280,000

  • Annual rental income of £15,600 with the potential to bring this up to £17,400
  • Net yield of 5.6% with the potential to bring this up to 6.2%
  • Current owner has already paid for a lease extension abolishing ground rent cost
  • EPC rating: C
  • Private balcony

For more information please contact our team:

0161 337 3890

Contact the TeamOpen Live Chat


23 Pear Tree Court, Churchfields, South Woodford, E18 2TL

Exceptional Buy-to-Let Investment in Prime South Woodford
Investment Summary
  • Asking Price: £280,000
  • Tenure: Leasehold (172 years remaining – no ground rent)
  • EPC Rating: C
  • Service Charge: £1,011 per annum
  • Current Rent: £1,300 pcm (rolling tenancy)
  • Potential Rent: £1,450–£1,500 pcm
  • Yield (Current): 5.6%
  • Yield (Potential): 6.2%
  • Mortgage Valuation (2020): £290,000
Property Overview

A beautifully presented one-bedroom top-floor flat in the sought-after Pear Tree Court development, South Woodford. Set within well-maintained communal grounds, this second-floor apartment benefits from:

  • A private balcony with elevated views
  • Bright and spacious open-plan living area
  • Modern kitchen and bathroom
  • Communal car park for residents
  • Located in the desirable Churchfields catchment area

The property is currently let to reliable tenants who have occupied the flat for over 2.5 years with no issues, providing immediate income stability. The tenancy is rolling, giving flexibility for investors seeking either continued rental income or vacant possession in the near term.

The Lease Advantage

Unlike many other flats in the development, this property boasts a 172-year extended lease — a significant long-term financial benefit.

  • No ground rent is payable, removing future cost liabilities.
  • Many comparable sales in Pear Tree Court have shorter leases, often requiring expensive extensions that can cost tens of thousands of pounds.
  • This long lease makes the flat mortgage-friendly for all major lenders and enhances resale value.
Rental Market Performance

Recent listings in the same development are achieving £1,450–£1,500 pcm, with one comparable flat recently marketed for £150 pcm higher despite being in inferior condition.

With modest refurbishment or remarketing, investors can easily capture this £150–£200 monthly uplift, increasing gross yield to over 6%.

Comparable rental properties >> CLICK HERE

Sales Comparables

Recent sales in Pear Tree Court and nearby blocks have ranged from £265,000 to £295,000, with several lacking the benefit of a lease extension.
Given the strong lease term, higher rental yield, and condition, the asking price of £280,000 represents excellent value with upside potential in both yield and capital growth.

Comparable sold properties >> CLICK HERE

Area Overview – South Woodford, E18

South Woodford continues to be one of East London’s most desirable residential enclaves, attracting young professionals and long-term tenants due to its village feel, excellent transport links, and green surroundings.

Highlights:

  • 10-minute walk to South Woodford Underground (Central Line)
  • 25 minutes to Liverpool Street
  • Close to Epping Forest, George Lane cafés, Waitrose, and boutique shops
  • In catchment for the highly regarded Churchfields Primary School
Market Growth & Appreciation

South Woodford has demonstrated strong capital appreciation and rental growth over the last decade:

  • Average property values up 25% in 5 years
  • Rental values up approximately 20% since 2019
  • Continued demand driven by professional tenants relocating from central London

The area’s limited supply of quality rental stock ensures low vacancy rates and sustained rental demand, making this property an ideal long-term investment.

Financial Snapshot
Metric Current Potential
Rent (pcm) £1,300 £1,450–£1,500
Annual Rent £15,600 £17,400–£18,000
Gross Yield 5.6% 6.2–6.4%
Service Charge £1,011 £1,011
Ground Rent £0 £0
Lease Remaining 172 years 172 years
Investment Highlights
  • 172-year extended lease — no ground rent
  • Strong rental history with reliable tenants
  • Immediate income and future rent uplift potential
  • Prime commuter location with consistent demand
  • Below mortgage valuation (2020: £290,000)
  • Attractive gross yield potential of 6.4%
Let Pure Lettings Take The Strain…..

We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio.

✅ Fully managed lettings and property management service

✅ Comprehensive coverage throughout England and Wales

✅ One team, one fee across your full portfolio

✅ Rental income protection available

✅ Transfer your existing properties quickly and easily

If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: 0161 337 3890 to find out more

Get in touch with the team


Get in touch with the Pure Investor team today

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

    What types of property are you interested in?

    (check all that apply)

    Email Newsletter

    Would you like to receive future updates from Pure Investor regarding investment opportunities and other services?

    Financial Services

    Are you interested in the best mortgage rates for this purchase? Simply tick the box below to hear back from Beespoke Mortgages, part of the Mortgage Advice Bureau, our award winning direct to client master mortgage brokers.

    Get your Free, Instant Sales and Lettings Valuation

    Getting a sales or letting valuation is free, super quick and easy!

    Enter your postcode, select your address and our system will provide you with an instant valuation for your property.

    Property details

    Please enter your postcode below, then select your address from the list of addresses that are shown. *

    Get in touch, we're here to help.

    For further details about Pure Investor or any of our property investment opportunities speak to our team.

    SUBSCRIBE FOR OUR LATEST PROPERTY LAUNCHES AND UPDATES

    Subscribe