2 Bed Flat, Motivated Seller, London, E17 4LP, £245,000





ValuationUndervalued
Sold Prices | £255K - £585K |
Sold Prices/m² | £4.8K/m² - £11.3K/m² |
| |
Square Metres | 54 m² |
Price/m² | £4.5K/m² |
Value Estimate | £257,500£257,500 |
BMV | 3% |
| |
End Value (After Refurb) | £351,443£351,443 |
Uplift in Value | +41%+41% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £61,250£61,250 |
Stamp Duty & Legal Fees | £8,700£8,700 |
Refurb Costs | £28,568£28,568 |
Bridging Loan Interest | £6,431£6,431 |
Total Cash In | £106,699£106,699 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentFlip |
Estimated Sale Price | £351,443£351,443 |
Agent Fees (1%) | £3,514£3,514 |
Bridging Loan | £183,750£183,750 |
Bridging Loan Interest | £6,431£6,431 |
Flip Profit | £57,480£57,480 |
Local Sold Prices
50 sold prices from £255K to £585K, average is £460K. £4.8K/m² to £11.3K/m², average is £7K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£434K | 12/20 | 0.13 mi | 321, Brettenham Road, London, Greater London E17 5AT | £6,576 | 66 | 2 | Flat | |
£420K | 12/20 | 0.14 mi | 278, Brettenham Road, London, Greater London E17 5AU | £6,462 | 65 | 2 | Flat | |
£472K | 06/23 | 0.14 mi | 312, Brettenham Road, London, Greater London E17 5AU | £6,556 | 72 | 2 | Flat | |
£435K | 08/21 | 0.22 mi | 266, Brettenham Road, London, Greater London E17 5AY | - | - | 2 | Flat | |
£524.5K | 02/23 | 0.22 mi | 250, Brettenham Road, London, Greater London E17 5AY | £7,601 | 69 | 2 | Flat | |
£325K | 04/21 | 0.22 mi | 221, Brettenham Road, London, Greater London E17 5AX | £7,065 | 46 | 2 | Flat | |
£447.5K | 01/21 | 0.33 mi | 119, Brettenham Road, London, Greater London E17 5AZ | £6,780 | 66 | 2 | Flat | |
£478K | 06/21 | 0.35 mi | 36, Brettenham Road, London, Greater London E17 5BA | £7,354 | 65 | 2 | Flat | |
£414K | 02/21 | 0.36 mi | 27, Northbank Road, London, Greater London E17 4JY | £6,273 | 66 | 2 | Flat | |
£520K | 02/23 | 0.43 mi | 198, Carr Road, Walthamstow, London, Greater London E17 5EW | £7,324 | 71 | 2 | Flat | |
£497K | 02/21 | 0.43 mi | 214, Carr Road, Walthamstow, London, Greater London E17 5EW | £7,418 | 67 | 2 | Flat | |
£428K | 11/20 | 0.44 mi | 148, Carr Road, Walthamstow, London, Greater London E17 5EW | £6,141 | 70 | 2 | Flat | |
£485K | 11/21 | 0.46 mi | 222, Fleeming Road, London, Greater London E17 5EU | £6,831 | 71 | 2 | Flat | |
£476.5K | 12/20 | 0.47 mi | 208, Fleeming Road, Walthamstow, London, Greater London E17 5EU | £8,216 | 58 | 2 | Flat | |
£505K | 11/21 | 0.48 mi | 174, Fleeming Road, Walthamstow, London, Greater London E17 5EU | £7,391 | 68 | 2 | Flat | |
£440K | 11/21 | 0.48 mi | 82, Carr Road, London, Greater London E17 5EN | - | - | 2 | Flat | |
£433K | 06/21 | 0.49 mi | 64, Carr Road, Walthamstow, London, Greater London E17 5EN | £6,447 | 67 | 2 | Flat | |
£460K | 04/23 | 0.49 mi | 32, Carr Road, Walthamstow, London, Greater London E17 5EN | - | - | 2 | Flat | |
£405K | 01/21 | 0.5 mi | 53a, Carr Road, London, Greater London E17 5ER | - | - | 2 | Flat | |
£480K | 07/23 | 0.5 mi | 73, Fleeming Road, Walthamstow, London, Greater London E17 5ET | £8,889 | 54 | 2 | Flat | |
£420K | 12/20 | 0.52 mi | 70, Spruce Hills Road, London, Greater London E17 4LD | £7,368 | 57 | 2 | Flat | |
£460.2K | 11/20 | 0.52 mi | 90, Fleeming Road, Walthamstow, London, Greater London E17 5ES | £6,670 | 69 | 2 | Flat | |
£475K | 05/23 | 0.53 mi | 48, Fleeming Road, Walthamstow, London, Greater London E17 5ES | £7,661 | 62 | 2 | Flat | |
£460K | 03/21 | 0.53 mi | 72, Fleeming Road, Walthamstow, London, Greater London E17 5ES | £6,571 | 70 | 2 | Flat | |
£485K | 06/23 | 0.53 mi | 74, Fleeming Road, Walthamstow, London, Greater London E17 5ES | £7,029 | 69 | 2 | Flat | |
£470K | 12/20 | 0.55 mi | 14, Fleeming Road, London, Greater London E17 5ES | £6,438 | 73 | 2 | Flat | |
£585K | 03/23 | 0.57 mi | 40, Winns Avenue, Walthamstow, London, Greater London E17 5EL | £8,446 | 69 | 2 | Flat | |
£440.8K | 03/21 | 0.57 mi | 6, Winns Avenue, Walthamstow, London, Greater London E17 5EL | - | - | 2 | Flat | |
£469.9K | 04/21 | 0.57 mi | 18, Winns Terrace, London, Greater London E17 5EJ | £7,230 | 65 | 2 | Flat | |
£477.5K | 05/21 | 0.57 mi | 65, Winns Terrace, London, Greater London E17 5EJ | £7,579 | 63 | 2 | Flat | |
£495K | 01/23 | 0.58 mi | 58, Winns Avenue, Walthamstow, London, Greater London E17 5EL | £6,875 | 72 | 2 | Flat | |
£465K | 05/21 | 0.62 mi | 73, Badlis Road, London, Greater London E17 5LG | £6,940 | 67 | 2 | Flat | |
£506.5K | 02/21 | 0.62 mi | 13, Badlis Road, London, Greater London E17 5LG | £7,236 | 70 | 2 | Flat | |
£344.5K | 03/23 | 0.63 mi | 13, Sky Peals Road, Woodford Green, Greater London IG8 9NE | - | - | 2 | Flat | |
£405K | 12/22 | 0.63 mi | 152a, Selwyn Avenue, London, Greater London E4 9LS | £11,250 | 36 | 2 | Flat | |
£435.8K | 05/21 | 0.64 mi | 116, Diana Road, Walthamstow, London, Greater London E17 5LF | £6,704 | 65 | 2 | Flat | |
£303K | 12/20 | 0.66 mi | 27, Beaufort Close, London, Greater London E4 9XF | £6,447 | 47 | 2 | Flat | |
£303K | 12/20 | 0.66 mi | 27, Beaufort Close, London, Greater London E4 9XF | £6,447 | 47 | 2 | Flat | |
£325K | 03/21 | 0.67 mi | 174, Hale End Road, Woodford Green, Greater London IG8 9LZ | - | - | 2 | Flat | |
£448K | 04/21 | 0.67 mi | 12, Mersey Road, London, Greater London E17 5LB | £7,467 | 60 | 2 | Flat | |
£460K | 02/21 | 0.68 mi | 119, Winns Avenue, Walthamstow, London, Greater London E17 5HB | £8,214 | 56 | 2 | Flat | |
£530K | 06/23 | 0.69 mi | 69, Mersey Road, London, Greater London E17 5LA | £7,528 | 70 | 2 | Flat | |
£255K | 02/21 | 0.69 mi | 32, Lockwood Place, London, Greater London E4 9AD | £4,811 | 53 | 2 | Flat | |
£545K | 02/23 | 0.7 mi | 171, Winns Avenue, Walthamstow, London, Greater London E17 5HB | £7,899 | 69 | 2 | Flat | |
£467.5K | 06/23 | 0.7 mi | 443, Forest Road, Walthamstow, London, Greater London E17 5LD | - | - | 2 | Flat | |
£450K | 02/23 | 0.7 mi | 445, Forest Road, Walthamstow, London, Greater London E17 5LD | £6,910 | 65 | 2 | Flat | |
£464K | 03/23 | 0.71 mi | 72, Bemsted Road, London, Greater London E17 5JZ | £9,098 | 51 | 2 | Flat | |
£325K | 04/21 | 0.72 mi | First Floor Flat, 33, Cavendish Road, London, Greater London E4 9NQ | - | - | 2 | Flat | |
£277K | 02/21 | 0.74 mi | Flat 1, Boyden House, Shernhall Street, London, Greater London E17 3ET | - | - | 2 | Flat | |
£311K | 03/21 | 0.75 mi | 12, Chingford Mount Road, London, Greater London E4 9AB | £6,018 | 52 | 2 | Flat |
Local Rents
46 rents from £1.4K/mo to £2.5K/mo, average is £1.8K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,850 | 03/24 | 0.07 mi | - | 2 | Flat | |
£1,750 | 05/24 | 0.1 mi | Kitchener Road, Walthamstow E17 | 2 | Flat | |
£1,800 | 04/24 | 0.11 mi | Cecil House, Chingford Road, Walthamstow E17 | 2 | Flat | |
£1,800 | 04/24 | 0.11 mi | Cecil House, Walthamstow | 2 | Flat | |
£1,900 | 05/24 | 0.14 mi | - | 2 | Flat | |
£2,250 | 02/25 | 0.14 mi | - | 2 | Terraced House | |
£1,800 | 03/25 | 0.14 mi | - | 2 | Terraced House | |
£1,750 | 03/24 | 0.15 mi | Brettenham Road, Walthamstow | 2 | Flat | |
£1,700 | 02/25 | 0.22 mi | - | 2 | Flat | |
£1,500 | 03/24 | 0.3 mi | Wadham Avenue, Walthamstow, London, E17 | 2 | Flat | |
£1,600 | 04/24 | 0.31 mi | Fulbourne Road, Walthamstow | 2 | Flat | |
£1,600 | 04/24 | 0.32 mi | Fulbourne Road, Walthamstow, London, E17 | 2 | Flat | |
£2,450 | 03/25 | 0.35 mi | - | 2 | Flat | |
£1,700 | 02/24 | 0.37 mi | - | 2 | Terraced House | |
£1,450 | 12/24 | 0.37 mi | - | 2 | Terraced House | |
£1,450 | 02/25 | 0.37 mi | - | 2 | Flat | |
£1,750 | 12/24 | 0.43 mi | - | 2 | Flat | |
£2,200 | 01/24 | 0.43 mi | - | 2 | Flat | |
£1,850 | 04/24 | 0.43 mi | Carr Road, E17 | 2 | Flat | |
£2,400 | 03/24 | 0.44 mi | - | 2 | Flat | |
£2,000 | 03/24 | 0.46 mi | Arundel House, Walthamstow, London, E17 | 2 | Flat | |
£1,650 | 04/24 | 0.47 mi | St. Johns Road, London | 2 | Flat | |
£2,300 | 01/24 | 0.48 mi | - | 2 | Flat | |
£1,800 | 03/24 | 0.49 mi | Carr Road, Walthamstow, London, E17 | 2 | Flat | |
£1,900 | 04/24 | 0.49 mi | Carr Road, Walthamstow, London, E17 | 2 | Flat | |
£1,900 | 04/24 | 0.49 mi | Carr Road, Walthamstow, London, E17 | 2 | Flat | |
£2,250 | 03/24 | 0.49 mi | Bodiam Court E17 | 2 | Flat | |
£2,250 | 03/24 | 0.49 mi | Thornbury Way, London, E17 | 2 | Flat | |
£2,100 | 03/25 | 0.49 mi | - | 2 | Flat | |
£1,950 | 03/25 | 0.5 mi | - | 2 | Flat | |
£2,300 | 04/24 | 0.5 mi | Fleeming Road, London, E17 | 2 | Flat | |
£2,195 | 04/24 | 0.5 mi | Fleeming Road, London, E17 | 2 | Flat | |
£2,300 | 04/24 | 0.5 mi | Fleeming Road, London, E17 | 2 | Flat | |
£1,995 | 03/24 | 0.52 mi | Thornbury Way, London | 2 | Flat | |
£2,150 | 03/24 | 0.54 mi | Winns Terrace, Walthamstow | 2 | Flat | |
£1,800 | 04/24 | 0.56 mi | Queensland Close, Walthamstow, London, E17 | 2 | Terraced House | |
£1,545 | 03/24 | 0.56 mi | Marlborough Road, Chingford, E4 | 2 | Flat | |
£1,800 | 03/24 | 0.57 mi | Winns Avenue, London | 2 | Flat | |
£1,900 | 02/24 | 0.59 mi | - | 2 | Flat | |
£1,995 | 03/24 | 0.6 mi | Hawker Place, London, E17 | 2 | Flat | |
£1,950 | 03/24 | 0.6 mi | Forest Road, Walthamstow | 2 | Terraced House | |
£1,750 | 05/24 | 0.6 mi | Badlis Road, London | 2 | Flat | |
£1,550 | 03/25 | 0.61 mi | - | 2 | Flat | |
£1,475 | 03/25 | 0.61 mi | - | 2 | Flat | |
£1,700 | 03/25 | 0.62 mi | - | 2 | Flat | |
£1,675 | 04/24 | 0.62 mi | Winns Avenue, E17 | 2 | Flat |
Local Area Statistics
Population in E17 | 102,968102,968 |
Population in London | 4,771,9214,771,921 |
Town centre distance | 6.25 miles away6.25 miles away |
Nearest school | 0.40 miles away0.40 miles away |
Nearest train station | 0.92 miles away0.92 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +1%+1% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +19%+19% |
Property History
Price changed to £245,000
December 4, 2024
Listed for £250,000
June 30, 2023
Sold for £154,000
2012
Floor Plans

Description
- Cash Buyers Only Leasehold 65YRS We Have Been Advised £20K To Extend 90 Years +
- Ground Rent £100 Per Year / Service Charge £530 Per Year +
- Council Tax Band B +
- Two Bedrooms, First Floor Apartment +
- Permit Parking +
- Fitted Kitchen +
- Double Glazing & Central Heating +
- Close To Local Amenities +
- Convenient Location, Transport Links Locally and Further Afield +
- Viewing Advised +
Cash Buyers Only. This lovely first floor apartment has much to offer. Located in Walthamstow, it boasts two bedrooms and a fitted kitchen. It also offers permit parking.
This lovely apartment is located in Walthamstow with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.
The accommodation briefly comprises a welcoming entrance way, a spacious living room and a fitted kitchen. There are two well-proportioned bedrooms and a three-piece bathroom with a tub-shower combination, a hand wash basin and a WC.
Externally, the property benefits from permit parking.
This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.
Premium Fast Sale
The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.
Benefits
o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team
Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.
All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.
Fees
Sales can be secured with a reservation deposit of £2,500. This forms part of the final purchase price and is NOT an extra cost.
This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.
An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.
Exclusivity
Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.
Process
Our Premium Fast Sale Plus follows the below process:
STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete
Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.
Please note that this property has been realistically priced in order to achieve a quick sale. As a result, it is likely to receive plenty of buying interest.
If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.
Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.
Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
Please call us now to book an appointment.
We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.
Please call us now to book an appointment.
Call Recording
Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
Disclaimer
Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:
The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.
TENURE
To be confirmed by the Vendor's Solicitors
Note
The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.
How to View this Property
Viewing is strictly by appointment please call us now for bookings.
AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.