2 Bed Flat, Refurb/BRRR, London, E11 3LD, £375,000

Wragby Road, London, E11 3LD - 4 views - 4 months ago

Under Offer
Refurb/BRRR
~68 m²
+9 photos

ValuationFair Value

Sold Prices£200K - £600K
Sold Prices/m²£2.6K/m² - £9.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.5K/m²

Value Estimate

£375,000

 

 

End Value (After Refurb)

£457,289

Uplift in Value

+22%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£36,043

Bridging Loan Interest

£9,844

Total Cash In

£160,087

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£457,289

Agent Fees (1%)

£4,573

Bridging Loan

£281,250

Bridging Loan Interest

£9,844

Flip Profit

£11,379

Local Sold Prices

50 sold prices from £200K to £600K, average is £433.8K. £2.6K/m² to £9.6K/m², average is £7.8K/m².

PriceDateDistanceAddressBeds 
£435K07/210.1 miFlat A, 100, Selby Road, London, Greater London E11 3LR2
£215K10/210.35 mi239a, Ramsay Road, London, Greater London E7 9EX2
£338K08/210.41 mi14, Norman Road, London, Greater London E11 4PX2
£405K11/200.41 mi81a, Granleigh Road, London, Greater London E11 4RG2
£324K01/230.45 mi23, Janson Close, London, Greater London E15 1TF2
£472.5K05/230.49 mi112a, Millais Road, London, Greater London E11 4HA2
£362K11/210.5 mi108, Dames Road, London, Greater London E7 0EB2
£417K03/230.5 mi186, Dames Road, London, Greater London E7 0EB2
£332.5K05/210.5 mi39, Hatfield Road, London, Greater London E15 1RA2
£600K12/200.53 mi122, Ashville Road, London, Greater London E11 4DU2
£374K03/210.54 mi104b, Grove Green Road, London, Greater London E11 4EL2
£461K05/210.55 mi101, Ashville Road, London, Greater London E11 4DS2
£360K12/200.55 mi75, Sidney Road, London, Greater London E7 0ED2
£447.5K04/230.56 miFlat A, 122, Leslie Road, London, Greater London E11 4HG2
£420K11/200.57 mi21a, Frith Road, London, Greater London E11 4EX2
£375K03/230.57 mi19, Gawsworth Close, London, Greater London E15 1RT2
£200K03/230.58 mi25, Carroll Close, London, Greater London E15 1RS2
£265K02/230.58 mi28, Carroll Close, London, Greater London E15 1RS2
£496.6K01/230.59 mi117, Pearcroft Road, London, Greater London E11 4DP2
£472K08/210.6 mi35, Francis Road, London, Greater London E10 6PN2
£285K05/230.6 mi2d, Chobham Road, London, Greater London E15 1LU2
£375K12/220.6 mi9c, Macdonald Road, London, Greater London E7 0HE2
£375K08/210.61 mi3, Oakdale Road, London, Greater London E11 4DJ2
£410K01/230.61 mi61b, Albert Square, London, Greater London E15 1HJ2
£483.5K07/230.63 mi105a, Warren Road, Leyton, London, Greater London E10 5PZ2
£320K12/220.63 mi3, Globe Road, London, Greater London E15 1RF2
£432.5K01/230.66 miFlat A, 47, Richmond Road, Leytonstone, London, Greater London E11 4BX2
£425K06/210.66 mi210, Richmond Road, Leytonstone, London, Greater London E11 4BS2
£510.5K06/230.66 mi122, Richmond Road, Leytonstone, London, Greater London E11 4BS2
£457K11/200.66 mi202, Richmond Road, Leytonstone, London, Greater London E11 4BS2
£520K02/230.66 mi118, Richmond Road, Leytonstone, London, Greater London E11 4BS2
£509.2K01/230.67 mi138, Richmond Road, Leytonstone, London, Greater London E11 4BS2
£425K12/200.67 mi185, Richmond Road, Leytonstone, London, Greater London E11 4DA2
£512.5K05/230.67 mi195, Richmond Road, Leytonstone, London, Greater London E11 4DA2
£435K01/210.68 mi128, Chobham Road, London, Greater London E15 1LZ2
£482K05/230.68 mi48a, Francis Road, London, Greater London E10 6PP2
£465K04/210.69 mi84, Twickenham Road, Leyton, London, Greater London E11 4BW2
£490K04/210.69 mi88, Twickenham Road, London, Greater London E11 4BW2
£330K01/230.69 mi96, Maryland Street, London, Greater London E15 1JD2
£390K03/210.7 mi105, Twickenham Road, London, Greater London E11 4BN2
£495K07/230.7 mi9, Twickenham Road, London, Greater London E11 4BN2
£500K06/230.7 mi107, Twickenham Road, London, Greater London E11 4BN2
£310K05/230.72 mi44, Moore Walk, London, Greater London E7 0HY2
£365K02/230.72 mi47a, Earlham Grove, London, Greater London E7 9AN2
£470K02/210.73 mi23, Fillebrook Road, London, Greater London E11 4AU2
£500K02/230.74 miLower Maisonette, 56, Newport Road, London, Greater London E10 6PJ2
£490K12/220.76 mi65, Newport Road, London, Greater London E10 6PH2
£504K11/210.76 mi118, Newport Road, London, Greater London E10 6PG2
£465K03/210.76 mi155, Newport Road, London, Greater London E10 6PG2
£465.5K02/210.76 mi75, Newport Road, London, Greater London E10 6PH2

Local Rents

50 rents from £1.3K/mo to £2.8K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,95004/240.09 miNapier Road,London,E112
£1,75005/240.11 miWoodhouse Road, Leytonstone, London, E112
£1,70003/240.13 mi-2
£1,60001/250.14 mi-2
£1,70003/240.18 miShire House, 135 Harrow Road, Leytonstone, London, E11 3PX2
£1,80003/240.19 miWorsley Road, Leytonstone E112
£1,80003/240.19 miHigh Road Leytonstone, Leytonstone E112
£1,80003/240.19 mi-2
£1,75003/250.19 mi-2
£1,80005/240.2 miHigh Road Leytonstone,London,E112
£1,80003/240.2 miRamsay Road, Forest Gate, E72
£1,85012/240.22 mi-2
£1,85012/240.22 mi-2
£1,80003/250.22 mi-2
£1,37510/230.23 miAcacia Road, Leytonstone, E112
£1,55003/250.25 mi-2
£1,60003/240.26 mi-2
£1,65003/240.26 miHigh Road, Leytonstone2
£1,65003/240.26 miHigh Road, Leytonstone2
£1,80003/240.27 miBlenheim Road, London, E152
£1,60004/240.27 miOdessa Road, London, E72
£1,85003/240.27 miBorthwick Road, Stratford, London, E152
£1,70004/240.28 miHigh Road Leytonstone, Leytonstone2
£1,47504/250.28 mi-2
£2,00003/240.29 mi-2
£1,25004/240.29 miTrumpington Road, London, E72
£2,35004/250.3 mi-2
£1,80004/240.3 miBorthwick Road, Stratford, E152
£1,70004/240.3 miMaidenway Court, 220a High Road Leytonstone, Leytonstone, E112
£2,00005/240.31 mi-2
£2,00004/250.31 mi-2
£2,20005/240.31 mi-2
£1,90004/250.31 mi-2
£2,50003/250.33 mi-2
£1,80004/240.33 miSouth Birkbeck Road, Leytonstone, E112
£1,65003/240.33 miMelford Road, London, E112
£2,10001/250.34 mi-2
£2,00002/250.36 mi-2
£1,85004/240.36 miBroxbourne Road, Forest Gate, E72
£2,20005/240.36 miPevensey Road, Forest Gate, London, E72
£1,59503/240.37 miTrevelyan road, London, E152
£1,80003/240.38 miHigh Road Leytonstone, London, E112
£1,80004/240.38 mi-2
£1,70002/250.38 mi-2
£1,70002/250.38 mi-2
£2,00012/240.39 mi-2
£2,80004/250.39 mi-2
£2,00001/250.4 mi-2
£1,90012/240.4 mi-2
£2,45002/240.4 mi-2

Local Area Statistics

Population in E11

55,128

Population in London

4,771,921

Town centre distance

5.36 miles away

Nearest school

0.20 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £375,000

December 11, 2024

Floor Plans

Description

  • GUIDE PIRCE £375,000 - £400,000 +
  • TWO BEDROOM GARDEN FLAT +
  • SHARE OF FREEHOLD +
  • IN NEED OF SOME IMPROVEMENT +
  • PERFECT FIRST TIME PURCHASE +
  • OWN REAR GARDEN +
  • OFFERED CHAIN FREE +
  • VIEWING IS ADVISED +

GUIDE PRICE £375,000 - £400,000 ALLEN DAVIES are DELIGHTED to offer FOR SALE this GROUND FLOOR GARDEN FLAT, located close to CANN HALL ROAD and a few minutes walk to LEYTONSTONE HIGH ROAD. The property offers TWO DOUBLE BEDROOMS, SPACIOUS LOUNGE, OWN REAR GARDEN and comes to the market with SHARE OF FREEHOLD, the property also benefits from being offered CHAIN FREE and would make the PEFRECT FIRST TIME PURCHASE. Locally there are good transport options including, FOREST GATE and WANSTEAD PARK STATIONS being a few minutes walk away. LEYTONSTONE and STRATFORD INTERNATIONAL are also within easy reach. WESTFIELD and THE OLYMPIC PARK are on your doorstep, you have SUPERB LEISURE ACTIVITIES, OPEN GREEN SPACE and the opportunity for some RETAIL THEROPY.For a bite to eat or a drink the area has plenty of choices, many of the local pubs have been TRANSFORMED over the last few years, THE LEYTONSTONE TAVERN, THE HOLLY TREE and THE ROCKWOOD VILLAGE are our recommendations but you`re also a short distance to local breweries PRETTY DECENT BEER CO and THE WANSTEAD TAP. This one won`t hang around, if you would like ti VIEW, call the office today on .

RECEPTION - 11'1" (3.38m) x 10'11" (3.33m)

BEDROOM 1 - 13'1" (3.99m) x 10'2" (3.1m)

BATHROOM

KITCHEN - 6'8" (2.03m) x 6'5" (1.96m)

BEDROOM 2 - 12'8" (3.86m) x 8'0" (2.44m)

GARDEN

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Allen Davies & Co, Leyton

020 3892 9577

Next Steps?

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