2 Bed Flat, Single Let, London, E17 3HX, £325,000

Wood Street, Walthamstow, E17 3HX - 2 views - 5 months ago

Leasehold
BTL
ROI: 3%
~60 m²
+12 photos

ValuationUndervalued

Sold Prices£277K - £562.5K
Sold Prices/m²£4.5K/m² - £9.6K/m²

 

 

Square Metres

~59.50 m²
Price/m²£5.5K/m²

Value Estimate

£393,250
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,450 - £3,300

Rent Estimate

£1,550

Running Costs/mo

£1,346

Cashflow/mo

£204

Cashflow/yr

£2,453

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £277K to £562.5K, average is £435K. £4.5K/m² to £9.6K/m², average is £6.9K/m².

PriceDateDistanceAddressBeds 
£277K02/210.19 miFlat 1, Boyden House, Shernhall Street, London, Greater London E17 3ET2
£362K07/210.22 miFlat 10, Newton House, Prospect Hill, London, Greater London E17 3ER2
£340K06/230.24 miFlat 17, Powell Court, Prospect Hill, London, Greater London E17 3EN2
£380K01/230.24 mi14, Fyfield Road, London, Greater London E17 3RG2
£375K06/210.28 mi104b, Upper Walthamstow Road, London, Greater London E17 3QQ2
£415K05/210.28 mi25, Upper Walthamstow Road, London, Greater London E17 3QG2
£435K01/210.28 mi25, Church Hill Road, London, Greater London E17 9RX2
£420K12/200.29 mi70, Spruce Hills Road, London, Greater London E17 4LD2
£325K01/210.3 mi6, Winsbeach, London, Greater London E17 3SS2
£305K06/210.3 mi71, Brookfield Avenue, London, Greater London E17 9ER2
£360K09/210.32 mi227c, Wood Street, London, Greater London E17 3NT2
£405K05/210.35 mi2e, Church Hill Road, London, Greater London E17 9RX2
£420K06/230.4 mi7, Bishops Close, London, Greater London E17 9RP2
£460K12/200.4 mi15, Bishops Close, London, Greater London E17 9RP2
£414K02/210.47 mi27, Northbank Road, London, Greater London E17 4JY2
£415K06/230.48 mi87b, Church Hill, London, Greater London E17 3BD2
£450K12/210.52 mi7a, Comely Bank Road, London, Greater London E17 9ND2
£385.5K03/230.53 miFlat 41, Hainault Court, Forest Rise, London, Greater London E17 3NW2
£400K08/230.53 miFlat 40, Hainault Court, Forest Rise, London, Greater London E17 3NW2
£471K01/230.62 mi12, Salisbury Road, London, Greater London E17 9JW2
£535K12/220.66 mi2a, Fulready Road, London, Greater London E10 6DU2
£465K06/230.68 mi33a, First Avenue, Walthamstow, London, Greater London E17 9QG2
£467K01/230.73 mi39, Forest Court, London, Greater London E11 1PL2
£350K12/200.73 mi56, Forest Court, London, Greater London E11 1PL2
£435K03/230.73 mi62, Forest Court, London, Greater London E11 1PL2
£462K11/200.74 mi23b, Second Avenue, London, Greater London E17 9QH2
£491.5K06/210.74 miFirst Floor Flat, 5, Second Avenue, London, Greater London E17 9QH2
£410K01/210.74 miFlat 3, Buxton House, Buxton Drive, London, Greater London E11 1PH2
£465K01/210.76 mi78c, Grosvenor Park Road, London, Greater London E17 9PG2
£500K11/200.76 mi28a, Grosvenor Park Road, London, Greater London E17 9PG2
£467.5K12/200.77 mi36, Greenleaf Road, London, Greater London E17 6QQ2
£562.5K11/200.78 mi39b, Fraser Road, London, Greater London E17 9DD2
£477.5K05/210.79 mi65, Winns Terrace, London, Greater London E17 5EJ2
£469.9K04/210.79 mi18, Winns Terrace, London, Greater London E17 5EJ2
£420K12/200.79 mi278, Brettenham Road, London, Greater London E17 5AU2
£472K06/230.79 mi312, Brettenham Road, London, Greater London E17 5AU2
£300K04/210.8 miFlat 2, Blacksmiths House, Gillards Mews, London, Greater London E17 6RB2
£434K12/200.82 mi321, Brettenham Road, London, Greater London E17 5AT2
£465K05/210.82 mi73, Badlis Road, London, Greater London E17 5LG2
£506.5K02/210.82 mi13, Badlis Road, London, Greater London E17 5LG2
£345K12/200.83 mi53, Bradwell Close, London, Greater London E18 2BT2
£344.5K03/230.84 mi13, Sky Peals Road, Woodford Green, Greater London IG8 9NE2
£499K12/200.84 mi63b, Grove Road, Walthamstow, London, Greater London E17 9BL2
£440K11/210.84 mi82, Carr Road, London, Greater London E17 5EN2
£467.5K06/230.84 mi443, Forest Road, Walthamstow, London, Greater London E17 5LD2
£450K02/230.84 mi445, Forest Road, Walthamstow, London, Greater London E17 5LD2
£435K08/210.85 mi266, Brettenham Road, London, Greater London E17 5AY2
£524.5K02/230.85 mi250, Brettenham Road, London, Greater London E17 5AY2
£490K04/210.85 mi19a, Westbury Road, London, Greater London E17 6RH2
£433K06/210.85 mi64, Carr Road, Walthamstow, London, Greater London E17 5EN2

Local Rents

51 rents from £1.4K/mo to £3.3K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,60003/240.03 miHavant Road, Walthamstow, London, E172
£1,69503/240.11 miOff Wood St, Walthamstow, London, E172
£1,69504/240.11 miOff Wood St, Walthamstow, London, E172
£2,20005/240.14 miLondon, London, E172
£2,00005/240.14 mi-2
£2,10003/240.14 miWoodlands Road, Walthamstow E172
£2,00003/240.2 miVallentin Road, Walthamstow, London, E172
£1,60003/240.23 miWood Street, London2
£1,99503/240.29 miHawker Place, London, E172
£1,70003/250.3 mi-2
£1,60003/240.31 miPoplars House, The Drive, Walthamstow, E172
£2,30001/240.32 mi-2
£2,22002/240.33 mi-2
£1,65004/240.34 miSt. Johns Road, London2
£2,10012/240.37 mi-2
£1,75003/240.41 miFernhill Court, (PP404), Walthamstow2
£1,79503/240.41 miBishops Close, Walthamstow2
£1,99904/250.44 mi-2
£1,99904/250.44 mi-2
£1,55003/240.45 miForest Road, Walthamstow2
£1,90001/250.46 mi-2
£2,28003/240.47 mi-2
£2,47004/240.47 mi-2
£2,47003/240.48 miFerndale Avenue, London, E172
£2,00003/240.49 mi-2
£1,80003/240.5 mi-2
£1,87505/240.5 miHoward Road, E172
£1,85005/240.5 miComely Bank Road, Wathamstow, London, E172
£2,15003/240.51 miHoward Road, Walthamstow2
£2,15003/240.51 miOrford Road, London2
£1,55003/250.51 mi-2
£1,47504/250.51 mi-2
£1,47504/250.51 mi-2
£1,90003/240.53 miHainualt Court , Walthamstow2
£1,75005/240.53 miHillcrest Road, Walthamstow2
£1,45012/240.54 mi-2
£1,45002/250.54 mi-2
£2,00003/240.54 mi-2
£2,20004/240.54 miAubrey Road, Walthamstow, London, E172
£2,20004/240.54 miAubrey Road, Walthamstow, London, E172
£3,30003/250.55 mi-2
£2,50005/240.56 mi-2
£1,75004/240.56 miForest Rise, London, E172
£1,75004/240.56 miForest Rise, London, E172
£2,50004/240.57 mi-2
£2,30005/240.57 miMaynard Road, Walthamstow, London, E172
£2,10001/250.57 mi-2
£2,00004/250.57 mi-2
£1,90004/250.57 mi-2
£1,79504/240.57 miCairo Road, Walthamstow2
£2,95012/240.57 mi-2

Local Area Statistics

Population in E17

102,968

Population in London

4,771,921

Town centre distance

6.05 miles away

Nearest school

0.10 miles away

Nearest train station

0.20 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £325,000

November 14, 2024

Floor Plans

Description

  • Two Bedroom Flat +
  • Split Level +
  • No Chain +
  • Close to Wood Street Station +
  • Own Balcony +

This charming 641 sq ft, 2-bedroom property set back from the road, offers an unbeatable blend of cozy living and fabulous neighbourhood perks. Situated in the heart of the sought-after Wood Street area, this modern split level duplex space is surrounded by independent cafes, artisan shops, and a vibrant community atmosphere. With a supermarket literally just steps away, you’ll find making those last-minute grocery runs or meal planning has never been more convenient.

IF YOU LIVED HERE

Approach this modern brick property from the outside via a sturdy, black metal staircase that directly leads to your front door lending a sense of privacy and security. Inside, you’ll find a handy storage cupboard to the right, perfect for keeping coats, bags, and shoes tucked neatly away, as well as additional storage under the stairs for your convenience. The kitchen is located at the front of the property, featuring warm, beach wood cabinetry paired with neutral, bleached wood flooring. There’s ample space for all essentials, including a washing machine and a large freestanding fridge. The front-facing window allows natural light to fill the space, creating a bright and pleasant environment for cooking and entertaining.

The generously-sized reception room at the rear of the property is flooded with light from floor-to-ceiling windows and double doors that open onto a private balcony—a perfect spot to watch the world go by below. Alcove shelving offers space for books, decor, or storage, while subtle downlighting provides a warm, ambient glow in the evenings. With ample room for both living and dining areas, this versatile space can adapt to your lifestyle, whether you’re hosting friends or enjoying a quiet evening at home.

Pale wooden flooring runs throughout the ground floor before the grey carpeted staircase, with classic wooden spindles, leads to the second floor, creating a soft transition from the main living area. The second floor houses two spacious double bedrooms, both with pale wood flooring and abundant natural light. The first bedroom, slightly smaller, features a wide window spanning almost the entire room’s width. The second bedroom is larger, with built-in storage and an alcove perfectly sized for a desk—a great setup for working from home or creative projects. A wide picture window brings in plenty of light, making this room feel open and welcoming. The bathroom is equipped with a sleek, modern white suite and a combination bath and shower, providing flexibility and comfort. The neutral finishes create a bright, clean space that’s easy to personalise.

WHAT ELSE?

Fantastic transport links nearby include Wood Street Overground Station with direct services to London Liverpool Street in 20 minutes, ideal for City commuters or to Walthamstow Central for easy access to the Victoria Line. Nearby Buses to Leyton, Chingford, and Stratford, make it easy to get around locally without a car.

Wood Street’s charms don’t stop with its many independent cafes and eateries, discover too, its Indoor market - a local secret housing everything from vinyl records and vintage clothing. For the creative minded, the area also has a rich artistic culture, with creative hubs like Gods Own Junkyard and the William Morris Gallery set in the surrounding greenery of Lloyd Park, there’s no lack of new favourites to discover all within walking distance.

Hallway Storage -

Reception - 4.24m x 3.53m (13'11" x 11'7") -

Balcony -

Kitchen - 2.36m x 3.33m (7'9" x 10'11") -

Bedroom - 4.24m x 3.10m (13'11" x 10'2") -

Bedroom - 2.36m x 4.11m (7'9" x 13'6") -

Bathroom - 1.78m x 2.57m (5'10" x 8'5") -

A WORD FROM THE OWNER...

"Wood Street is buzzing these days with lots of new shops, cafes and restaurants. It's great to be above a really useful and friendly grocers which is open 24/7 so the area always feels well lit and secure even if you're coming home late. There's a large attic for storage which goes all the way from front to back of the block."

Agent Details

The Stow Brothers, Walthamstow & Leyton

020 3834 7860

Next Steps?

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