2 Bed Flat, Single Let, London, E17 3LN, £300,000

Marllard Court Stocksfield Road, Walthamstow, E17 3LN - 2 views - 4 months ago

Sold STC

Leasehold

BTL

ROI: 4%

~68 m²

+6 photos

ValuationUndervalued

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

Square Metres	~68.11 m²
Price/m²	£4.4K/m²
Value Estimate	£363,000£363,000
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£75,000£75,000
Stamp Duty & Legal Fees	£12,700£12,700
Total Cash In	£87,700£87,700

Cash Out
Rent Range	£1,499 - £3,400£1,499 - £3,400
Rent Estimate	£1,531
Running Costs/mo	£1,264£1,264
Cashflow/mo	£267£267
Cashflow/yr	£3,208£3,208
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £277K to £562.5K, average is £397.5K. £4.5K/m² to £9.6K/m², average is £5.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£375K	06/21	0.12 mi	104b, Upper Walthamstow Road, London, Greater London E17 3QQ	£6,955	54	2	Flat
£415K	05/21	0.12 mi	25, Upper Walthamstow Road, London, Greater London E17 3QG	£5,681	73	2	Flat
£380K	01/23	0.19 mi	14, Fyfield Road, London, Greater London E17 3RG	£5,588	68	2	Flat
£360K	09/21	0.21 mi	227c, Wood Street, London, Greater London E17 3NT	£5,373	67	2	Flat
£325K	01/21	0.29 mi	6, Winsbeach, London, Greater London E17 3SS	£4,452	73	2	Flat
£305K	06/21	0.31 mi	71, Brookfield Avenue, London, Greater London E17 9ER	£4,621	66	2	Flat
£277K	02/21	0.33 mi	Flat 1, Boyden House, Shernhall Street, London, Greater London E17 3ET	-	-	2	Flat
£362K	07/21	0.35 mi	Flat 10, Newton House, Prospect Hill, London, Greater London E17 3ER	-	-	2	Flat
£385.5K	03/23	0.38 mi	Flat 41, Hainault Court, Forest Rise, London, Greater London E17 3NW	-	-	2	Flat
£400K	08/23	0.38 mi	Flat 40, Hainault Court, Forest Rise, London, Greater London E17 3NW	-	-	2	Flat
£340K	06/23	0.38 mi	Flat 17, Powell Court, Prospect Hill, London, Greater London E17 3EN	-	-	2	Flat
£435K	01/21	0.38 mi	25, Church Hill Road, London, Greater London E17 9RX	£6,905	63	2	Flat
£420K	12/20	0.44 mi	70, Spruce Hills Road, London, Greater London E17 4LD	£7,368	57	2	Flat
£405K	05/21	0.45 mi	2e, Church Hill Road, London, Greater London E17 9RX	-	-	2	Flat
£420K	06/23	0.46 mi	7, Bishops Close, London, Greater London E17 9RP	£8,615	49	2	Flat
£460K	12/20	0.46 mi	15, Bishops Close, London, Greater London E17 9RP	£9,583	48	2	Flat
£450K	12/21	0.54 mi	7a, Comely Bank Road, London, Greater London E17 9ND	-	-	2	Flat
£535K	12/22	0.54 mi	2a, Fulready Road, London, Greater London E10 6DU	£8,629	62	2	Flat
£467K	01/23	0.57 mi	39, Forest Court, London, Greater London E11 1PL	£6,568	71	2	Flat
£350K	12/20	0.57 mi	56, Forest Court, London, Greater London E11 1PL	£5,224	67	2	Flat
£435K	03/23	0.57 mi	62, Forest Court, London, Greater London E11 1PL	£7,016	62	2	Flat
£410K	01/21	0.58 mi	Flat 3, Buxton House, Buxton Drive, London, Greater London E11 1PH	-	-	2	Flat
£415K	06/23	0.59 mi	87b, Church Hill, London, Greater London E17 3BD	-	-	2	Flat
£471K	01/23	0.59 mi	12, Salisbury Road, London, Greater London E17 9JW	£8,564	55	2	Flat
£414K	02/21	0.6 mi	27, Northbank Road, London, Greater London E17 4JY	£6,273	66	2	Flat
£345K	12/20	0.68 mi	53, Bradwell Close, London, Greater London E18 2BT	£5,208	66	2	Flat
£360K	06/21	0.72 mi	20, Rivenhall Gardens, London, Greater London E18 2BU	£5,806	62	2	Flat
£350K	05/21	0.72 mi	27, Rivenhall Gardens, London, Greater London E18 2BU	£5,147	68	2	Flat
£353K	12/22	0.72 mi	29, Rivenhall Gardens, London, Greater London E18 2BU	-	-	2	Flat
£336K	06/21	0.74 mi	11, Woodham Court, London, Greater London E18 2BY	£5,508	61	2	Flat
£465K	06/23	0.75 mi	33a, First Avenue, Walthamstow, London, Greater London E17 9QG	-	-	2	Flat
£395K	03/21	0.76 mi	44, Hermitage Walk, London, Greater London E18 2SR	£5,818	68	2	Flat
£360K	05/21	0.76 mi	7, Althorne Gardens, London, Greater London E18 2DA	£5,714	63	2	Flat
£350K	06/21	0.76 mi	44, Althorne Gardens, London, Greater London E18 2DA	£5,833	60	2	Flat
£370K	05/21	0.76 mi	47, Althorne Gardens, London, Greater London E18 2DA	£6,066	61	2	Flat
£562.5K	11/20	0.77 mi	39b, Fraser Road, London, Greater London E17 9DD	-	-	2	Flat
£378K	11/22	0.79 mi	85, Althorne Gardens, London, Greater London E18 2DB	£6,407	59	2	Flat
£355K	06/23	0.79 mi	84, Althorne Gardens, London, Greater London E18 2DB	£5,236	68	2	Flat
£310K	01/23	0.8 mi	24, Althorne Gardens, London, Greater London E18 2DA	£5,448	57	2	Flat
£465K	01/21	0.8 mi	78c, Grosvenor Park Road, London, Greater London E17 9PG	-	-	2	Flat
£462K	11/20	0.81 mi	23b, Second Avenue, London, Greater London E17 9QH	-	-	2	Flat
£500K	11/20	0.81 mi	28a, Grosvenor Park Road, London, Greater London E17 9PG	£9,434	53	2	Flat
£491.5K	06/21	0.81 mi	First Floor Flat, 5, Second Avenue, London, Greater London E17 9QH	-	-	2	Flat
£530K	03/23	0.84 mi	20, Knotts Green Road, Leyton, London, Greater London E10 6DE	-	-	2	Flat
£499K	12/20	0.87 mi	63b, Grove Road, Walthamstow, London, Greater London E17 9BL	-	-	2	Flat
£344.5K	03/23	0.9 mi	13, Sky Peals Road, Woodford Green, Greater London IG8 9NE	-	-	2	Flat
£467.5K	12/20	0.91 mi	36, Greenleaf Road, London, Greater London E17 6QQ	£7,083	66	2	Flat
£520K	02/21	0.91 mi	Flat 9, Snaresbrook House, Woodford Road, London, Greater London E18 2UB	-	-	2	Flat
£300K	04/21	0.92 mi	Flat 2, Blacksmiths House, Gillards Mews, London, Greater London E17 6RB	-	-	2	Flat
£340K	01/21	0.93 mi	9a, Walpole Road, London, Greater London E18 2LN	£4,928	69	2	Flat

Local Rents

45 rents from £1.5K/mo to £3.4K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,600	03/24	0.13 mi	Wood Street, London	2	Flat
£2,100	03/24	0.16 mi	Woodlands Road, Walthamstow E17	2	Terraced House
£2,200	05/24	0.18 mi	London, London, E17	2	Flat
£2,000	05/24	0.18 mi	-	2	Flat
£1,600	03/24	0.19 mi	Havant Road, Walthamstow, London, E17	2	Flat
£2,000	03/24	0.22 mi	Vallentin Road, Walthamstow, London, E17	2	Terraced House
£1,695	03/24	0.26 mi	Off Wood St, Walthamstow, London, E17	2	Flat
£1,695	04/24	0.26 mi	Off Wood St, Walthamstow, London, E17	2	Flat
£2,220	02/24	0.32 mi	-	2	Flat
£1,800	03/24	0.37 mi	-	2	Flat
£2,280	03/24	0.38 mi	-	2	Flat
£2,470	04/24	0.38 mi	-	2	Flat
£1,900	03/24	0.38 mi	Hainualt Court , Walthamstow	2	Flat
£1,750	03/24	0.38 mi	Fernhill Court, (PP404), Walthamstow	2	Flat
£1,995	03/24	0.39 mi	Hawker Place, London, E17	2	Flat
£2,470	03/24	0.39 mi	Ferndale Avenue, London, E17	2	Flat
£1,750	04/24	0.4 mi	Forest Rise, London, E17	2	Flat
£1,750	04/24	0.4 mi	Forest Rise, London, E17	2	Flat
£1,550	03/24	0.42 mi	Forest Road, Walthamstow	2	Flat
£2,100	12/24	0.43 mi	-	2	Flat
£1,600	03/24	0.44 mi	Poplars House, The Drive, Walthamstow, E17	2	Flat
£1,700	03/25	0.46 mi	-	2	Flat
£1,795	03/24	0.47 mi	Bishops Close, Walthamstow	2	Flat
£2,300	01/24	0.47 mi	-	2	Flat
£1,650	04/24	0.48 mi	St. Johns Road, London	2	Flat
£1,695	03/24	0.48 mi	Lea Bridge Road, Stowbridge Apartments, London	2	Flat
£1,950	05/24	0.49 mi	Lea Bridge Road, Walthamstow, E17	2	Flat
£1,850	05/24	0.52 mi	Comely Bank Road, Wathamstow, London, E17	2	Flat
£1,750	05/24	0.52 mi	Hillcrest Road, Walthamstow	2	Flat
£2,000	03/24	0.52 mi	-	2	Flat
£2,950	12/24	0.54 mi	-	2	Terraced House
£2,300	05/24	0.55 mi	Maynard Road, Walthamstow, London, E17	2	Terraced House
£2,150	03/24	0.56 mi	Orford Road, London	2	Flat
£3,400	03/25	0.57 mi	-	2	Semi-Detached House
£2,150	12/24	0.57 mi	-	2	Flat
£1,950	05/24	0.58 mi	Barclay Road, Walthamstow Village, Lonodn, E17	2	Terraced House
£1,750	03/24	0.58 mi	Buxton House, Buxton Drive, E11	2	Flat
£1,850	04/24	0.6 mi	Buxton House, Snaresbrook	2	Flat
£2,100	01/25	0.6 mi	-	2	Flat
£2,200	01/25	0.6 mi	-	2	Flat
£1,900	01/25	0.6 mi	-	2	Flat
£1,499	03/24	0.61 mi	-	2	Flat
£1,499	02/24	0.61 mi	-	2	Flat
£2,195	03/24	0.61 mi	Beulah Road, Walthamstow	2	Flat
£2,000	03/24	0.62 mi	-	2	Flat

Local Area Statistics

Population in E17	102,968102,968
Population in London	4,771,9214,771,921
Town centre distance	6.10 miles away6.10 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.10 miles away0.10 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 £300,000

December 9, 2024

Floor Plans

Description

Two Bedrooms +
First Floor Apartment +
Separate Kitchen +
Extended Lease On Completion +
Wood Street Station Location +
Chain Free +

Guide Price £300,000 - £325,000

A fantastic opportunity to own this well-presented two-bedroom apartment located on the first floor of Mallard Court, Stocksfield Road, Walthamstow E17. Offered with an extended lease on completion, this property provides a great sense of security for the new owner.

The spacious reception room offers a bright and airy space, perfect for both relaxation and entertaining. Both bedrooms are generously sized doubles, offering ample space for comfortable living. The kitchen is a real highlight, with its own window allowing natural light to flood the space. The bathroom is functional and well-maintained, providing everything you need.

Situated in the vibrant Wood Street area, this home is within easy walking distance of Wood Street Station, offering excellent transport links to Central London. The local high street is also just a short stroll away, providing a great selection of shops, cafes, and amenities.

The apartment comes with allocated parking, with additional spaces available for visitors. It is also offered chain-free, allowing for a smooth and hassle-free transaction.

This property would make a perfect home for first-time buyers or those looking for a comfortable and convenient lifestyle in a sought-after location. Viewing is highly recommended!

Agent Details

haart, Walthamstow

020 3910 6244

Next Steps?

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

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ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents