3 Bed Flat, Single Let, London, E17 3NT, £350,000

179 Hoe Street, London, E17 3AP - 5 months ago

Leasehold
BTL
ROI: 5%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£209.5K - £785K
Sold Prices/m²£4.5K/m² - £11.1K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£420,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,650 - £3,800

Rent Estimate

£1,894

Running Costs/mo

£1,493

Cashflow/mo

£401

Cashflow/yr

£4,817

ROI

5%

Gross Yield

6%

Local Sold Prices

50 sold prices from £209.5K to £785K, average is £485.1K. £4.5K/m² to £11.1K/m², average is £7.1K/m².

PriceDateDistanceAddressBeds 
£370K07/230.19 mi114, Upper Walthamstow Road, London, Greater London E17 3QQ3
£345K08/210.3 miFlat 5, Ellen Miller House, Raglan Road, London, Greater London E17 9EG3
£425K07/230.47 mi20, Winsbeach, London, Greater London E17 3SS3
£326.3K02/210.49 miFlat 19, Gaitskell House, The Drive, London, Greater London E17 3DD3
£659.2K08/210.64 mi48, Pembroke Road, London, Greater London E17 9PB3
£388K12/200.69 mi49, Rivenhall Gardens, London, Greater London E18 2BU3
£491.5K06/210.72 miFirst Floor Flat, 5, Second Avenue, London, Greater London E17 9QH3
£420K11/210.74 mi122a, Orford Road, London, Greater London E17 9QX3
£430K01/230.74 mi9a, Third Avenue, London, Greater London E17 9QJ3
£400K01/210.75 mi28, Audley Court, London, Greater London E18 2BZ3
£405K03/210.78 mi25, Hermitage Walk, London, Greater London E18 2BP3
£536K12/201 mi60a, Hatherley Road, London, Greater London E17 6SB3
£500K06/211.01 miFlat 83, Hermitage Court, Woodford Road, London, Greater London E18 2EP3
£500K11/201.01 miFlat 81, Hermitage Court, Woodford Road, London, Greater London E18 2EP3
£455K07/211.02 mi68, Malcolm Way, London, Greater London E11 1PW3
£475K04/231.03 mi43, Beechwood Park, London, Greater London E18 2EH3
£523K05/211.03 mi83, Badlis Road, London, Greater London E17 5LG3
£435K03/231.05 miFlat 88, Malford Court, The Drive, London, Greater London E18 2HT3
£485K03/211.05 miFlat 34, Malford Court, The Drive, London, Greater London E18 2HR3
£497.1K03/231.06 mi48, Beechwood Park, London, Greater London E18 2EQ3
£505K11/211.08 mi41, Wallwood Road, London, Greater London E11 1DQ3
£535K09/211.09 mi46, Mersey Road, London, Greater London E17 5LB3
£580K02/231.09 mi68, Mersey Road, London, Greater London E17 5LB3
£540K11/201.09 mi82b, Erskine Road, Walthamstow, London, Greater London E17 6SA3
£429K06/211.11 mi287, Brettenham Road, London, Greater London E17 5AT3
£537K02/231.12 miFlat 30, Eagle Court, Hermon Hill, Wanstead, London, Greater London E11 1PD3
£430K05/211.15 mi39a, Lansdowne Road, London, Greater London E18 2BA3
£460K03/211.15 mi191, Brettenham Road, London, Greater London E17 5AX3
£580K07/231.19 mi22, Brettenham Road, Walthamstow, London, Greater London E17 5BA3
£575K03/211.19 mi14, Brettenham Road, London, Greater London E17 5BA3
£485K02/231.19 mi194, Brettenham Road, London, Greater London E17 5AY3
£310K11/211.2 miFlat 3, Drayton House, Drayton Road, London, Greater London E11 4AS3
£785K10/211.24 miFlat 5, Langham House, Makepeace Road, London, Greater London E11 1UX3
£550K02/231.24 mi80, Camden Road, London, Greater London E17 7NF3
£209.5K08/211.25 mi256a, Hale End Road, Woodford Green, Greater London IG8 9LR3
£475K12/201.26 mi25a, Fillebrook Road, London, Greater London E11 4AU3
£435K03/211.29 mi94, Pulteney Road, London, Greater London E18 1PS3
£564.5K02/211.3 mi530, High Road Leyton, London, Greater London E10 6RL3
£512.5K06/211.3 mi6, Brunswick Road, London, Greater London E10 6RS3
£495K01/231.3 mi4, Brunswick Road, London, Greater London E10 6RS3
£530K04/211.31 mi198, Albert Road, Leyton, London, Greater London E10 6PD3
£550K02/231.32 mi136, Newport Road, London, Greater London E10 6PF3
£468K12/201.33 mi29, Lawton Road, London, Greater London E10 6RR3
£485.1K10/201.34 mi60, Morley Road, London, Greater London E10 6LL3
£485.5K08/211.35 mi293, Francis Road, London, Greater London E10 6NW3
£427K04/231.35 mi277, Francis Road, London, Greater London E10 6NW3
£475K01/231.35 mi112, Newport Road, London, Greater London E10 6PG3
£372.5K02/211.37 mi23, Woodleigh, London, Greater London E18 2RF3
£507.5K04/231.38 mi594, High Road Leytonstone, London, Greater London E11 3DA3
£522K01/231.38 mi56, North Countess Road, London, Greater London E17 5HT3

Local Rents

31 rents from £1.6K/mo to £3.8K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,20003/250.09 mi-3
£1,65003/250.09 mi-3
£3,19512/240.14 mi-3
£2,65003/240.21 miEvelyn Road, Walthamstow, London, E173
£3,80005/240.22 miShernhall Street, Walthamstow, London, E173
£2,30003/240.35 miWoodlands Road, Walthamstow, E173
£2,75003/240.37 miWoodlands Road, Walthamstow, London, E173
£3,00003/240.38 miOakhurst Close, London, E173
£2,40003/250.42 mi-3
£2,79505/240.43 miLea Bridge Road, London, E173
£1,98001/250.45 mi-3
£2,40003/240.46 miBeulah Road, Walthamstow, London, E173
£2,25004/240.46 mi-3
£2,25004/240.46 miCarnarvon Road, London, E103
£2,20003/240.46 miCarnarvon Road, Leyton E103
£2,75012/240.47 miLea Bridge Road, London, E173
£2,74003/250.5 mi-3
£2,40005/240.51 miFernhill Court, (PP411), Walthamstow, E173
£2,40012/240.51 miFernhill Court, (PP411), Walthamstow, E173
£1,80003/240.53 miBuxton House, Snaresbrook E113
£2,20003/240.53 miChurch Hill, Walthamstow3
£2,70001/250.53 mi-3
£2,49502/250.53 mi-3
£1,70004/240.54 miSnaresbrook3
£2,40002/250.55 mi-3
£2,39504/240.58 miCroft House, St. Mary Road, London3
£2,00002/250.6 mi-3
£2,00003/250.6 mi-3
£1,85005/240.61 miSt Johns Road3
£3,30002/250.61 mi-3
£3,19801/250.61 mi-3

Local Area Statistics

Population in E17

102,968

Population in London

4,771,921

Town centre distance

5.97 miles away

Nearest school

0.10 miles away

Nearest train station

0.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £350,000

November 12, 2024

Floor Plans

Description

  • Approx. 74. 78 sq. m. +
  • Three Bedrooms +
  • Second Floor +
  • Communal Garden +
  • Great Location +
  • Ideal investment/First Time Buy +
  • Leasehold 55 Years (vendor to extend) +
  • Ground Rent £50 p/a +

Discover this fantastic three-bedroom apartment, offering an ideal blend of space, convenience, and value in the vibrant east London town of Walthamstow. Perfectly positioned just a 2-minute stroll from Wood Street station, you'll enjoy fast trains to Oxford Circus and reach Liverpool Street in just 17 minutes—making this home a commuter’s dream. Spread over 805 sq. ft., this property is in great condition throughout and features three well-sized, bright bedrooms, each thoughtfully designed to offer comfort and flexibility. The fitted kitchen and modern bathroom provide everything you need to move straight in, while the communal garden space at the rear invites moments of relaxation and outdoor enjoyment. Walthamstow has become a sought-after destination for young professionals and families seeking better value without compromising on connectivity or community spirit. With its great location, this home captures the essence of why the area has become such a hit. Internal viewing is highly recommended to fully appreciate all it has to offer!

Just a half mile walk from the heart of Walthamstow Village, which lives up to its name with plenty of peaceful greenery and historic architecture, not to mention a great selection of award-winning bars, restaurants and gastropubs. You are also just a short walk to the Wild Card Brewery, God's Own Junkyard and Wood Street with its quirky vintage market.

Leasehold 55 Years (vendor to extend)
Ground Rent £50 p/a
Council Tax Band B
EPC Rating C

Agent Details

Central Estate Agents, Walthamstow

020 3834 8367

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪