4 Bed Flat, Single Let, London, E17 6PG, £350,000

64b Palmerston Road, Walthamstow, London, E17 6PG - 4 views - 5 months ago

Leasehold
Auction
BTL
ROI: 5%
~129 m²
+11 photos

ValuationUndervalued

Sold Prices£430K - £945K
Sold Prices/m²£5.8K/m² - £23K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.7K/m²

Value Estimate

£434,000
BMV24%

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

£1,600 - £4,100

Rent Estimate

£1,919

Running Costs/mo

£1,498

Cashflow/mo

£421

Cashflow/yr

£5,057

ROI

5%

Gross Yield

7%

Local Sold Prices

7 sold prices from £430K to £945K, average is £565K. £5.8K/m² to £23K/m², average is £7.4K/m².

PriceDateDistanceAddressBeds 
£535K09/210.35 mi29, Chewton Road, London, Greater London E17 7DW4
£945K02/212.19 miFlat A, 28, Colenso Road, London, Greater London E5 0SL4
£430K09/212.3 mi41b, Alkham Road, London, Greater London N16 7AA4
£565K02/212.33 mi95, Vartry Road, London, Greater London N15 6QD4
£447.5K08/232.4 mi39, Heysham Road, London, Greater London N15 6HL4
£795K04/232.96 mi57, Cecilia Road, London, Greater London E8 2ES4
£935K08/232.96 mi89, Boundary Road, London, Greater London N22 6AS4

Local Rents

51 rents from £1.6K/mo to £4.1K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£4,00005/240.07 mi-4
£2,90003/240.09 miSomers Road, E173
£2,59505/240.15 miTruro Road, Walthamstow, London, E173
£2,00004/240.17 mi-3
£2,20005/240.17 mi-3
£3,30003/250.17 mi-5
£3,95003/250.17 mi-5
£2,40003/240.18 miThree Bedroom House to Let - Wellington Road, Walthamstow - E17 - (£2,400pcm)3
£3,50003/250.18 mi-5
£2,39503/240.19 mi-3
£2,20005/240.22 miPalmerston Road, Walthamstow, E173
£2,20005/240.22 miPalmerston Road, Walthamstow, London, E173
£2,20005/240.22 miPalmerston Road, London3
£2,10012/240.22 mi-3
£2,10012/240.22 mi-3
£2,10005/240.22 miRussell Road, London3
£3,49504/240.33 miCleveland Park Avenue, London4
£1,90003/240.33 miRoma Road, Walthamstow, London, E173
£2,20003/240.34 mi-3
£2,35003/240.34 mi-3
£2,20003/250.34 mi-3
£3,50012/240.34 miBlackhorse Road, London4
£2,50005/240.34 miHigh Street, Walthamstow, E174
£1,60005/240.36 mi-3
£2,10003/240.36 miChewton Road, Walthamstow, London, E173
£2,85003/240.36 miBrookdale Road, Walthamstow4
£2,35005/240.37 miFarnborough Avenue, Walthamstow3
£2,35005/240.37 miFarnborough Avenue, Walthamstow3
£2,25003/240.37 mi3 bedroom Duplex Flat To Let, Hoe Street, Walthamstow, E17 - £2250 PCM 3
£2,19504/240.37 mi3 bedroom Duplex Flat To Let, Hoe Street, Walthamstow, E17 - £2,195 PCM 3
£2,20003/240.38 miPearl Road, London E173
£2,70003/240.38 miBrookdale Road, Walthamstow, 4
£2,75002/240.38 mi-4
£2,20003/240.38 miHolmes Avenue, Walthamstow, LONDON, E173
£2,19503/240.4 miHoe Street, Walthamstow, London, E173
£1,95003/240.41 miKing Edward Road, Walthamstow, London, E173
£2,30003/240.41 miManning Road, Walthamstow3
£1,79503/240.42 miHoe Street, Walthamstow3
£2,75003/240.42 miHazelwood road, Walthamstow4
£2,00004/240.42 mi-3
£3,69503/240.43 miHoe Street, Walthamstow5
£2,20003/240.44 miBlackhorse Road,London,E174
£2,80003/240.45 miRuby Road, Walthamstow, London, E174
£2,60005/240.45 miPriory Avenue, Walthamstow4
£2,60003/240.47 mi-3
£4,10004/240.49 mi-5
£2,95012/240.49 mi-3
£2,75002/250.49 mi-3
£2,65002/250.49 mi-3
£2,20003/240.49 miStirling Road, Walthamstow, E173
£2,90002/240.52 mi-3

Local Area Statistics

Population in E17

102,968

Population in London

4,771,921

Town centre distance

5.16 miles away

Nearest school

0.20 miles away

Nearest train station

0.33 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 22, 2024

Description

  • Leasehold - A term of 99 years from 06/03/2014 (approximately 88 years unexpired). +

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

Location & Description
This stunningly designed four-bedroom split-level apartment spans the first and second floors, located in a highly sought-after area. The property boasts the convenience of a driveway, four generously sized double bedrooms, a spacious dual-aspect kitchen/diner, and two bathrooms.
The neighbourhood features a vibrant mix of dining options, with local cafes and eateries reflecting the area's diverse community. Transport links are convenient, with Walthamstow Queens Road and St James Street stations approximately 0.3 miles away, offering Overground and National Rail services. Additionally, Walthamstow Central is a hub for Underground (Victoria Line) and bus services, making commuting straightforward.

Accommodation
The Accommodation comprises the following:
Entrance Hall 3.90m x 0.70m
First Floor Landing 1.46m x 4.30m
Reception Room 3.56m x 3.26m
Kitchen/Diner 5.47m x 2.84m
Bedroom One 2.35m x 3.45m
First Floor Bathroom 1.46m x 3.08m
Second Floor Landing 1.49m x 5.55m
Bedroom Two 2.86m x 3.31m
Bedroom Three 3.26m x 2.62m
Bedroom Four 4.84m x 4.34m
Second Floor Bathroom 1.73m x 1.87m

Tenure
Leasehold - A term of 99 years from 06/03/2014
(approximately 88 years unexpired).

Note
Auction Surveyor: Bryn Nettle
Contact: bryn.

VACANT POSSESSION

Viewing Times

Agent Details

Strettons, Strettons Auctions

020 3840 3721

Next Steps?

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