3 Bed Terraced House, Refurb/BRRR, London, E4 6NT, £625,000

239 Larkshall Road, London, Greater London, E4 6NT - 4 views - 9 months ago

Refurb/BRRR
~105 m²
+22 photos

ValuationFair Value

Sold Prices£334.8K - £950K
Sold Prices/m²£4.5K/m² - £8.6K/m²

 

 

Square Metres

~104.80 m²
Price/m²£6K/m²

Value Estimate

£620,368

 

 

End Value (After Refurb)

£590,748

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£156,250

Stamp Duty & Legal Fees

£38,700

Refurb Costs

£55,443

Bridging Loan Interest

£16,406

Total Cash In

£268,549

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£590,748

Mortgage (After Refinance)

£443,061

Mortgage LTV

75%

Cash Left In

£268,549

Equity

£147,687

Rent Range

£1,800 - £2,900

Rent Estimate

£2,308

Running Costs/mo

£2,328

Cashflow/mo

£-20

Cashflow/yr

£-236

Gross Yield

4%

Local Sold Prices

50 sold prices from £334.8K to £950K, average is £556.5K. £4.5K/m² to £8.6K/m², average is £6.2K/m².

PriceDateDistanceAddressBeds 
£555K03/230.02 mi243a, Larkshall Road, London, Greater London E4 9HY3
£580K04/210.08 mi206, Larkshall Road, London, Greater London E4 6NP3
£465K12/200.11 mi41, Mead Crescent, London, Greater London E4 6NX3
£535K03/210.13 mi7, Manor Way, London, Greater London E4 6NW3
£650K01/220.15 mi6, Crofton Grove, London, Greater London E4 6NY3
£530K12/200.21 mi106, Coolgardie Avenue, London, Greater London E4 9HX3
£623K10/210.23 mi20, The Bramblings, London, Greater London E4 6LU3
£334.8K06/230.23 mi88, The Bramblings, London, Greater London E4 6LU3
£625K11/200.23 mi64, The Bramblings, London, Greater London E4 6LU3
£550K03/230.25 mi3, The Bramblings, London, Greater London E4 6LT3
£585K11/210.25 mi21, The Bramblings, London, Greater London E4 6LT3
£515K08/210.26 mi184, New Road, London, Greater London E4 9SJ3
£475K06/230.26 mi142, New Road, London, Greater London E4 9SJ3
£600K03/210.26 mi5, Richmond Avenue, London, Greater London E4 9RR3
£572K02/210.26 mi37, Richmond Avenue, London, Greater London E4 9RR3
£410K07/230.28 mi44, Withy Mead, London, Greater London E4 6JZ3
£472K03/230.28 mi54, Withy Mead, London, Greater London E4 6JZ3
£572K11/200.28 mi76, Balliol Avenue, London, Greater London E4 6LY3
£630K07/230.28 mi56, Abbotts Crescent, London, Greater London E4 9SB3
£380K04/230.29 mi29, Withy Mead, London, Greater London E4 6JY3
£460K08/210.3 mi2, Village Close, London, Greater London E4 9HT3
£420K02/210.31 mi3, Arbor Road, London, Greater London E4 6LJ3
£707.5K03/210.31 mi209, The Avenue, London, Greater London E4 9SD3
£470K11/200.32 mi130, Larkshall Road, London, Greater London E4 6NH3
£762.5K07/230.33 mi33, Balliol Avenue, London, Greater London E4 6LX3
£570K11/200.33 mi22, Balliol Avenue, London, Greater London E4 6LX3
£558K01/210.33 mi31, Balliol Avenue, London, Greater London E4 6LX3
£950K06/210.33 mi91, The Avenue, London, Greater London E4 9RX3
£540K04/210.35 mi16, Warboys Crescent, Highams Park, London, Greater London E4 9HR3
£565K12/220.35 mi64, Harold Road, Chingford, London, Greater London E4 9SN3
£425K08/230.35 mi59, Longshaw Road, London, Greater London E4 6LH3
£491.5K05/210.35 mi221, The Avenue, London, Greater London E4 9SE3
£730K02/210.37 mi104, The Avenue, London, Greater London E4 9RB3
£656K05/230.38 mi32, Coolgardie Avenue, London, Greater London E4 9HP3
£570K03/210.38 mi50, Inks Green, London, Greater London E4 9EL3
£790K09/220.38 mi10, Nightingale Avenue, London, Greater London E4 9RG3
£505K05/210.4 mi4, Daphne Gardens, London, Greater London E4 9SP3
£480K12/200.4 mi114, Normanshire Drive, London, Greater London E4 9HD3
£680K05/230.4 mi249, The Avenue, London, Greater London E4 9SE3
£485K01/230.41 mi33, Suffield Road, London, Greater London E4 9TA3
£565K06/210.41 mi70, Ropers Avenue, London, Greater London E4 9EQ3
£475K04/210.42 mi158, Normanshire Drive, London, Greater London E4 9HD3
£590K03/210.42 mi22, Betoyne Avenue, London, Greater London E4 9SG3
£671.9K06/210.42 mi14, Betoyne Avenue, London, Greater London E4 9SG3
£375K03/210.42 mi17, Connington Crescent, Chingford, London, Greater London E4 6LE3
£538K09/210.43 mi81, Dale View Crescent, London, Greater London E4 6PH3
£430K04/230.43 mi80, Wittenham Way, London, Greater London E4 6JP3
£600K05/230.43 mi5, Gunners Grove, London, Greater London E4 9SR3
£450K11/200.44 mi68, Withy Mead, London, Greater London E4 6JW3
£650K06/210.45 mi131, Larkshall Road, London, Greater London E4 6PE3

Local Rents

32 rents from £1.8K/mo to £2.9K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£1,85004/240.15 mi-3
£2,50005/240.19 mi-3
£2,25011/240.19 mi-3
£1,80003/240.2 miHatch Lane, Chingford, E43
£1,80003/240.25 miHatch Lane, London3
£2,50012/230.26 mi-3
£2,20003/240.26 miLukin Crescent, Chingford E43
£2,40003/250.27 mi-3
£2,40012/240.27 mi-3
£2,30012/240.27 mi-3
£2,40003/250.27 mi-3
£2,40003/250.27 mi-3
£2,10003/240.27 miBlackthorne Drive, Chingford Hatch E43
£1,80001/250.29 mi-3
£2,00003/240.31 miLukin Crescent, Chingford, E43
£2,20003/240.38 miInks Green, Chingford3
£2,20004/240.38 miInks Green, Chingford3
£2,20003/250.41 mi-3
£2,39512/240.43 mi-3
£2,55003/240.44 miWittenham Way, Chingford, E43
£2,55004/240.44 mi-3
£2,50003/240.44 mi-3
£2,50004/240.44 mi-3
£2,90003/240.44 mi-3
£2,40012/240.45 mi-3
£2,60003/250.46 mi-3
£2,70002/240.49 mi-3
£2,70003/240.49 miDale View Crescent, London3
£2,50003/240.51 miAinslie Wood Road, Chingford, E43
£1,80004/240.56 miLakeview Court, E43
£2,20003/240.56 miNormanshire Drive, Chingford, E43
£1,95003/240.61 miLarkswood Road, Chingford, London. E4 9DS3

Local Area Statistics

Population in E4

60,225

Population in London

4,771,921

Town centre distance

7.58 miles away

Nearest school

0.40 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £625,000

June 21, 2024

Sold for £138,500

2001

Sold for £77,000

1996

Floor Plans

Description

  • Three Bedroom House +
  • Mid Terrace 1930's +
  • Short Walk to Highams Park Station +
  • Approx 1128 Square Foot +
  • Potential To Extend (STPP) +
  • Circa 60 Foot Rear Garden +
  • Private Double Garage +
  • Rear Access +
  • Moments from The Larks Wood +

An attractive, three bedroom 1930s terrace, with a lovely West facing garden and large double garage. Spread over two floors and with the potential to extend upwards. Close to local amenities as well as lush forests and great transport links.

The heart of the City is easily accessible from nearby Highams Park station, where you'll find rapid, twenty three minute, Overground services to Liverpool Street and even faster connections to Walthamstow Central and Hackney Downs.

IF YOU LIVED HERE...

You'll feel instantly at home in your welcoming reception room, where a large bright window casts natural light over the original timber flooring and an inset marbled fireplace features a unique suspended hearth. Through in your kitchen there's the same feeling of warmth and light with a custom made breakfast bar and blonde hardwood cabinets running down either side. There's another window with rear garden views and as you turn the corner you'll step through an open archway in to your second, 220 square foot reception room. Patio doors lead out to your garden, around sixty feet of paved entertaining area and raised lawn. To the rear you'll find a shady barbecue area and access to your enormous double garage.

Upstairs, in your principal bedroom, you'll find more of that smooth timber flooring and wall to wall purpose built wardrobes. Your second double sleeper is of equally generous proportions, has a bright bay window and additional bespoke fitted wardrobes. You have a third and final bedroom next door and, out on the landing, there's access to a 105 square foot loft, providing potential for extending your living space (subject to the usual permissions). Completing the set up is your family bathroom, an elegant mix of satiny white tilework, light timber vanity units and a chrome shower over the jacuzzi bath.

Just a couple of hundred yards away is your new local, The Larkshall Pub, known locally as The Larky. This family friendly gastropub serves seasonal British plates among charming indoor and outdoor spaces for socialising and private events. A little further is Chingford Leisure Centre with adult and learner pools, a spacious modern gym and a great variety of fitness classes. The rambling woodlands of Larks Wood are just moments away, or you can cycle to Epping Forest and Highams Park in just five minutes. From here there's endless opportunities for cycling and walking, up into the gorgeous woodlands or down to much loved Highams Park Lake.

WHAT ELSE?

- For speciality coffee and freshly baked cakes and pastries, we'd recommend Karya Bistro, close to Highams Park station, where you can sit in or pick up some takeaway.
- There's no shortage of superb schools in your area, with thirteen primary and secondary schools less than a mile away and rated as 'Outstanding' or 'Good' by Ofsted.
- In seven minutes driving, you'll be out on the arterial North circular motorway or headed East towards Southend on Sea.

Reception Room - 4.12 x 3.92 (13'6" x 12'10") -

Reception Room - 5.82 x 3.50 (19'1" x 11'5") -

Kitchen - 4.64 x 2.27 (15'2" x 7'5") -

Bedroom - 4.13 x 3.65 (13'6" x 11'11") -

Bedroom - 3.81 x 3.81 (12'5" x 12'5") -

Bedroom - 3.14 x 2.12 (10'3" x 6'11") -

Bathroom - 2.11 x 1.96 (6'11" x 6'5") -

Loft - 3.44 x 2.90 (11'3" x 9'6") -

Double Garage - 5.89 x 5.26 (19'3" x 17'3") -

A WORD FROM THE OWNER...

"May need some modernisation. Double garage accessed though private road. Loft space with velux window. With electricity, water supply. Double brick built bbq under built shelter. Outdoor clay oven. Outdoor patio area 5 years old with cream Italian marble. Garden has fig tree, vine/grape tree, bay leaf tree. Outdoor hot and cold water supply. Outdoor electric power supply"

Agent Details

The Stow Brothers, Highams Park & Chingford

020 3870 2965

Next Steps?

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