Auction

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Auction

1/6

2 bed flat for sale Ray Lodge Road, Woodford Green, IG8

Guide Price

£200,000

Reduced on 13/10/2026

For sale by auction

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £254 per sq ft
Tenure: Leasehold

Council tax Band B £1,785 a year

Key features

Ground floor split level maisonette with tenant in situ
For sale by Modern Auction - T&C's apply
Subject to an undisclosed Reserve Price
Buyer's fees apply
Buy to let investment only
£1500 pcm guaranteed tenancy agreement in place
Short walk to Woodford Station
EPC energy efficiency rating D (63/72)

About this property

This spacious split level ground floor maisonette is only a short walk to Woodford STATION, shops and restaurants and is being sold chain free. With a tenant in situ it would make an ideal buy to let investment.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iAmsold.

Floorplan

Council tax

Band B £1,785 a year

Per year

Band A

£1,530
Band B

This home: £1,785
Band C

£2,040
Band D

£2,295
Band E

£2,804
Band F

£3,314
Band G

£3,824
Band H

£4,589

This home is in band B, which costs £1,785 a year in Redbridge for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Redbridge, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Property timeline

Reduced

October 2026 £200,000

Was £220,000
Listed

September 2026 £220,000

2 beds · 1 bath · this listing

Past sales can't be shown: the agent hasn't given the flat number.

Price guide

This home

£254 / sq ft

Area average (sold)

£570 / sq ft

Price per area, sold homes nearby

£434 / sq ft

£254 / sq ft

£713 / sq ft

Lowest

This home

Highest

£254 per sq ft, below almost all recent sales in IG8 (£434–£713, 10th–90th percentile, 778 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 778 homes sold in IG8 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in IG8 →

Location

Ray Lodge Road, Woodford Green, IG8

Open map Street View

Mortgage and stamp duty

Property price £200,000

£100k £300k

Deposit10% £20,000

£0 £200k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £180,000 mortgage. Most lenders would want a household income of about £40,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
50, Ray Lodge Road Flat / maisonette	Flat / maisonette	Jun 2025	538 sq ft £409/sq ft	538 sq ft	£409	£220,000
50, Ray Lodge Road Flat / maisonette	Flat / maisonette	Oct 2023	538 sq ft £303/sq ft	538 sq ft	£303	£163,000
30, Ray Lodge Road Flat / maisonette	Flat / maisonette	Oct 2021	463 sq ft £449/sq ft	463 sq ft	£449	£208,000
50, Ray Lodge Road Flat / maisonette	Flat / maisonette	Oct 2019	538 sq ft £297/sq ft	538 sq ft	£297	£160,000
22, Ray Lodge Road Flat / maisonette	Flat / maisonette	Jul 2015	506 sq ft £326/sq ft	506 sq ft	£326	£165,000
38, Ray Lodge Road Flat / maisonette	Flat / maisonette	Oct 2009	786 sq ft £197/sq ft	786 sq ft	£197	£155,000
38, Ray Lodge Road Flat / maisonette	Flat / maisonette	Apr 2007	786 sq ft £187/sq ft	786 sq ft	£187	£147,000
18, Ray Lodge Road Flat / maisonette	Flat / maisonette	Apr 1999	786 sq ft	786 sq ft	n/a	£37,000