2 Bed Flat, Single Let, London, E17 8HQ, £225,000

10 Liden Close, Walthamstow, London, E17 8HQ - 4 views - 5 months ago

Leasehold

Auction

BTL

ROI: 10%

49 m²

+10 photos

ValuationUndervalued

Sold Prices	£180K - £525K
Sold Prices/m²	£4.3K/m² - £8.8K/m²

Square Metres	49 m²
Price/m²	£4.6K/m²
Value Estimate	£276,750£276,750
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£56,250£56,250
Stamp Duty & Legal Fees	£7,950£7,950
Total Cash In	£64,200£64,200

Cash Out
Rent Range	£1,595 - £3,350£1,595 - £3,350
Rent Estimate	£1,595
Running Costs/mo	£1,042£1,042
Cashflow/mo	£553£553
Cashflow/yr	£6,635£6,635
ROI	10%10%
Gross Yield	9%9%

Local Sold Prices

50 sold prices from £180K to £525K, average is £405.5K. £4.3K/m² to £8.8K/m², average is £6.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£340K	01/23	0.03 mi	1, Hitcham Road, London, Greater London E17 8HL	£5,574	61	2	Flat
£435K	08/23	0.03 mi	99, Hitcham Road, London, Greater London E17 8HL	£6,797	64	2	Flat
£406K	11/20	0.05 mi	13, Blyth Road, London, Greater London E17 8HP	£5,800	70	2	Flat
£422.5K	12/20	0.05 mi	65, Blyth Road, London, Greater London E17 8HP	£6,500	65	2	Flat
£480K	09/21	0.05 mi	24, Hitcham Road, London, Greater London E17 8HN	£7,619	63	2	Flat
£429.5K	02/23	0.1 mi	264, Lea Bridge Road, London, Greater London E10 7LD	£6,817	63	2	Flat
£286K	12/20	0.12 mi	258a, Lea Bridge Road, London, Greater London E10 7LD	£4,269	67	2	Flat
£360K	01/23	0.14 mi	82, Hibbert Road, London, Greater London E17 8HF	-	-	2	Flat
£210K	05/23	0.15 mi	186, Lea Bridge Road, London, Greater London E10 7LN	-	-	2	Flat
£482.5K	06/21	0.15 mi	22, Harris Street, London, Greater London E17 8EQ	£7,070	68	2	Flat
£456.5K	06/21	0.15 mi	62, Harris Street, London, Greater London E17 8EQ	£6,430	71	2	Flat
£506K	02/23	0.17 mi	41, Bloxhall Road, London, Greater London E10 7LW	£8,433	60	2	Flat
£431K	03/21	0.18 mi	15, Bloxhall Road, London, Greater London E10 7LW	£7,305	59	2	Flat
£355K	03/21	0.18 mi	11, Bloxhall Road, London, Greater London E10 7LW	£6,300	56	2	Flat
£370K	06/21	0.18 mi	81, Bloxhall Road, London, Greater London E10 7LW	£6,167	60	2	Flat
£435K	12/20	0.18 mi	82, Seymour Road, Leyton, London, Greater London E10 7LY	£7,016	62	2	Flat
£450K	03/21	0.18 mi	18, Theydon Street, London, Greater London E17 8EL	£7,158	63	2	Flat
£475K	11/21	0.18 mi	28, Theydon Street, London, Greater London E17 8EL	£6,947	68	2	Flat
£425K	02/23	0.19 mi	20, Bloxhall Road, London, Greater London E10 7LP	£8,500	50	2	Flat
£360K	09/21	0.19 mi	67, Kettlebaston Road, London, Greater London E10 7PE	£6,207	58	2	Flat
£286.5K	11/20	0.2 mi	Flat 28, Bridge Court, Lea Bridge Road, London, Greater London E10 7JS	-	-	2	Flat
£180K	03/21	0.2 mi	Flat 44, Bridge Court, Lea Bridge Road, London, Greater London E10 7JS	-	-	2	Flat
£300K	01/21	0.21 mi	Flat 11, Bridge Court, Lea Bridge Road, London, Greater London E10 7JS	-	-	2	Flat
£420K	09/21	0.22 mi	7, Perth Road, London, Greater London E10 7PA	£6,651	63	2	Flat
£340K	06/23	0.22 mi	31, Perth Road, London, Greater London E10 7PA	£5,484	62	2	Flat
£405K	04/21	0.22 mi	93, Perth Road, London, Greater London E10 7PA	£5,704	71	2	Flat
£410K	10/21	0.22 mi	19, Perth Road, London, Greater London E10 7PA	-	-	2	Flat
£375K	03/21	0.25 mi	16, Clementina Road, London, Greater London E10 7PD	£5,357	70	2	Flat
£410K	04/21	0.26 mi	62, Perth Road, London, Greater London E10 7PB	£6,029	68	2	Flat
£410K	09/21	0.26 mi	48, Perth Road, London, Greater London E10 7PB	-	-	2	Flat
£388K	01/21	0.27 mi	20, Clementina Road, London, Greater London E10 7LS	£5,812	67	2	Flat
£330.8K	10/21	0.3 mi	36, Tudor Court, London, Greater London E17 8ET	£7,875	42	2	Flat
£275K	05/23	0.3 mi	6, Tudor Court, London, Greater London E17 8ET	-	-	2	Flat
£360K	02/23	0.3 mi	36, Tudor Court, London, Greater London E17 8ET	£8,571	42	2	Flat
£440K	07/21	0.39 mi	302a, Capworth Street, London, Greater London E10 7BG	-	-	2	Flat
£370K	01/21	0.41 mi	88, Malta Road, London, Greater London E10 7JU	£5,606	66	2	Flat
£450K	06/23	0.45 mi	143a, Manor Road, Leyton, London, Greater London E10 7HW	-	-	2	Flat
£525K	01/21	0.51 mi	281, Capworth Street, London, Greater London E10 7AJ	-	-	2	Flat
£408K	12/20	0.51 mi	14a, Callis Road, London, Greater London E17 8PN	£8,681	47	2	Flat
£360K	12/20	0.51 mi	10a, Callis Road, London, Greater London E17 8PN	£7,660	47	2	Flat
£310K	11/20	0.55 mi	36, Low Hall Lane, London, Greater London E17 8BE	£6,739	46	2	Flat
£385K	01/21	0.56 mi	16a, Markhouse Avenue, London, Greater London E17 8AZ	£6,754	57	2	Flat
£360K	03/21	0.56 mi	44, Ringwood Road, London, Greater London E17 8PP	-	-	2	Flat
£380K	06/21	0.58 mi	75a, Markhouse Avenue, London, Greater London E17 8AY	£7,755	49	2	Flat
£420.5K	12/20	0.59 mi	68, Camden Road, London, Greater London E17 7NF	£8,832	48	2	Flat
£405K	06/23	0.6 mi	101a, Boundary Road, London, Greater London E17 8NQ	£5,704	71	2	Flat
£445K	06/21	0.62 mi	56, Melbourne Road, London, Greater London E10 7HF	£6,014	74	2	Flat
£390K	09/21	0.65 mi	57, Brighton Avenue, London, Greater London E17 7NE	£6,592	59	2	Flat
£410K	11/20	0.65 mi	34, Brighton Avenue, London, Greater London E17 7NE	£8,367	49	2	Flat
£430K	03/21	0.67 mi	38, Devonshire Road, London, Greater London E17 8QJ	£7,679	56	2	Flat

Local Rents

50 rents from £1.6K/mo to £3.4K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,600	04/24	0.04 mi	Lea Bridge Road, London	2	Flat
£1,900	03/24	0.06 mi	Blyth Road, Walthamstow, London, E17	2	Flat
£2,000	03/25	0.06 mi	-	2	Terraced House
£1,700	05/24	0.06 mi	-	2	Flat
£1,800	02/25	0.07 mi	-	2	Flat
£2,000	03/25	0.08 mi	-	2	Flat
£1,995	05/24	0.08 mi	-	2	Flat
£2,000	04/24	0.1 mi	St. Helens Place, Leyton, E10	2	Flat
£2,400	02/25	0.1 mi	-	2	Flat
£1,700	03/24	0.11 mi	Hibbert Road, Walthamstow, E17	2	Flat
£1,700	04/24	0.11 mi	Hibbert Road, Walthamstow, E17	2	Flat
£1,700	04/24	0.11 mi	Hibbert Road, Walthamstow, E17	2	Flat
£1,700	04/24	0.11 mi	Hibbert Road, Walthamstow, E17	2	Flat
£1,595	05/24	0.11 mi	-	2	Flat
£1,595	05/24	0.11 mi	Hibbert Road, London, E17	2	Flat
£1,850	03/24	0.12 mi	-	2	Flat
£1,850	03/24	0.12 mi	Belvedere Road, London, E10	2	Flat
£1,700	04/24	0.13 mi	Lea Bridge Road, Walthamstow	2	Flat
£3,350	05/24	0.14 mi	-	2	Semi-Detached House
£1,900	03/25	0.14 mi	-	2	Flat
£1,800	03/25	0.15 mi	-	2	Flat
£1,700	04/24	0.15 mi	Harris Street, Walthamstow, London, E17	2	Flat
£1,850	05/24	0.15 mi	Wetherden Street, Walthamstow, London, E17	2	Flat
£2,250	03/24	0.16 mi	Lea Bridge Road, Walthamstow, London, E10	2	Flat
£1,650	03/24	0.17 mi	Seymour Road, Leyton	2	Flat
£1,900	03/25	0.17 mi	-	2	Flat
£2,200	03/24	0.17 mi	Morieux Road, Leyton, London, E10	2	Flat
£1,650	02/25	0.17 mi	-	2	Flat
£1,600	03/24	0.18 mi	Bloxhall Road London E10	2	Flat
£2,100	03/25	0.18 mi	-	2	Flat
£2,000	03/25	0.18 mi	-	2	Flat
£1,850	03/25	0.18 mi	-	2	Terraced House
£2,800	03/25	0.2 mi	-	2	Flat
£1,800	03/24	0.2 mi	-	2	Flat
£1,850	12/24	0.2 mi	-	2	Flat
£1,900	02/24	0.2 mi	-	2	Flat
£1,750	03/25	0.2 mi	-	2	Flat
£1,650	05/24	0.2 mi	-	2	Flat
£2,500	03/25	0.21 mi	-	2	Flat
£1,600	05/24	0.21 mi	-	2	Flat
£1,900	03/25	0.23 mi	-	2	Flat
£2,100	03/24	0.24 mi	Freya Court, Lea Bridge Road, Leyton, London E10	2	Flat
£2,100	04/24	0.24 mi	Freya Court, Lea Bridge Road, Leyton, London E10	2	Flat
£1,700	04/24	0.24 mi	Wellington Road, London	2	Flat
£1,800	02/25	0.25 mi	-	2	Flat
£1,750	05/24	0.25 mi	-	2	Flat
£1,750	05/24	0.25 mi	Clementina Road, London, E10	2	Flat
£1,900	03/24	0.26 mi	Wellington Road, Leyton, London, E10	2	Flat
£1,700	04/24	0.26 mi	Clementina Road, London, E10	2	Flat
£1,700	04/24	0.26 mi	-	2	Flat

Local Area Statistics

Population in E17	102,968102,968
Population in London	4,771,9214,771,921
Town centre distance	4.34 miles away4.34 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.35 miles away0.35 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

Listed for £225,000

November 15, 2024

Sold for £157,000

2006

Sold for £54,000

1998

Floor Plans

Description

Leasehold - A term of 99 years from 14/02/1989 (approximately 63 years unexpired). +

For sale by public auction on 12th December at 12:00

Location & Description
This well-designed two-bedroom ground-floor apartment is located in a sought-after location. The property offers the convenience of allocated parking and a secure communal entrance, complete with a phone entry system for added peace of mind.

Situated in a popular, thriving part of Walthamstow, residents can enjoy nearby green spaces, independent cafes, shops, and easy access to transport links, including Walthamstow Central and Blackhorse Road stations, making this an ideal choice for both professionals and families.

Accommodation
The Accommodation comprises the following:

Entrance Hall 2.02m x 1.41m
Lounge 4.81m x 3.45m
Kitchen 2.62m x 2.61m
Bedroom One 3.87m x 3.45m
Bedroom Two 2.71m x 2.11m
Bathroom 2.06m x 1.66m

Tenure
Leasehold - A term of 99 years from 14/02/1989
(approximately 63 years unexpired).

Note
The seller is prepared to serve a Section 42 Notice for a lease extension after exchange (at the buyer's cost) and assign the benefit to the buyer (please refer to legal pack).

Auction Surveyor: Bryn Nettle
Contact: bryn.

OFFERED VACANT

Viewing Times

Agent Details

Strettons, Strettons Auctions

020 3840 3721

Next Steps?

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