2 Bed Flat, Single Let, London, E17 3NT, £375,000

179 Hoe Street, London, E17 3AP - 4 months ago

Sold STC

Leasehold

BTL

ROI: 1%

~68 m²

+13 photos

ValuationUndervalued

Sold Prices	£277K - £562.5K
Sold Prices/m²	£4.3K/m² - £9.6K/m²

Square Metres	~68.11 m²
Price/m²	£5.5K/m²
Value Estimate	£397,314£397,314
BMV	6%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£93,750£93,750
Stamp Duty & Legal Fees	£18,700£18,700
Total Cash In	£112,450£112,450

Cash Out
Rent Range	£1,550 - £3,400£1,550 - £3,400
Rent Estimate	£1,600
Running Costs/mo	£1,512£1,512
Cashflow/mo	£88£88
Cashflow/yr	£1,058£1,058
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £277K to £562.5K, average is £390.3K. £4.3K/m² to £9.6K/m², average is £5.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£360K	09/21	0.02 mi	227c, Wood Street, London, Greater London E17 3NT	£5,373	67	2	Flat
£375K	06/21	0.2 mi	104b, Upper Walthamstow Road, London, Greater London E17 3QQ	£6,955	54	2	Flat
£305K	06/21	0.23 mi	71, Brookfield Avenue, London, Greater London E17 9ER	£4,621	66	2	Flat
£415K	05/21	0.24 mi	25, Upper Walthamstow Road, London, Greater London E17 3QG	£5,681	73	2	Flat
£385.5K	03/23	0.26 mi	Flat 41, Hainault Court, Forest Rise, London, Greater London E17 3NW	-	-	2	Flat
£400K	08/23	0.26 mi	Flat 40, Hainault Court, Forest Rise, London, Greater London E17 3NW	-	-	2	Flat
£535K	12/22	0.35 mi	2a, Fulready Road, London, Greater London E10 6DU	£8,629	62	2	Flat
£380K	01/23	0.38 mi	14, Fyfield Road, London, Greater London E17 3RG	£5,588	68	2	Flat
£435K	01/21	0.39 mi	25, Church Hill Road, London, Greater London E17 9RX	£6,905	63	2	Flat
£420K	06/23	0.4 mi	7, Bishops Close, London, Greater London E17 9RP	£8,615	49	2	Flat
£460K	12/20	0.4 mi	15, Bishops Close, London, Greater London E17 9RP	£9,583	48	2	Flat
£362K	07/21	0.41 mi	Flat 10, Newton House, Prospect Hill, London, Greater London E17 3ER	-	-	2	Flat
£450K	12/21	0.41 mi	7a, Comely Bank Road, London, Greater London E17 9ND	-	-	2	Flat
£277K	02/21	0.41 mi	Flat 1, Boyden House, Shernhall Street, London, Greater London E17 3ET	-	-	2	Flat
£471K	01/23	0.43 mi	12, Salisbury Road, London, Greater London E17 9JW	£8,564	55	2	Flat
£340K	06/23	0.44 mi	Flat 17, Powell Court, Prospect Hill, London, Greater London E17 3EN	-	-	2	Flat
£405K	05/21	0.44 mi	2e, Church Hill Road, London, Greater London E17 9RX	-	-	2	Flat
£325K	01/21	0.49 mi	6, Winsbeach, London, Greater London E17 3SS	£4,452	73	2	Flat
£467K	01/23	0.52 mi	39, Forest Court, London, Greater London E11 1PL	£6,568	71	2	Flat
£350K	12/20	0.52 mi	56, Forest Court, London, Greater London E11 1PL	£5,224	67	2	Flat
£435K	03/23	0.52 mi	62, Forest Court, London, Greater London E11 1PL	£7,016	62	2	Flat
£410K	01/21	0.53 mi	Flat 3, Buxton House, Buxton Drive, London, Greater London E11 1PH	-	-	2	Flat
£415K	06/23	0.58 mi	87b, Church Hill, London, Greater London E17 3BD	-	-	2	Flat
£420K	12/20	0.59 mi	70, Spruce Hills Road, London, Greater London E17 4LD	£7,368	57	2	Flat
£562.5K	11/20	0.6 mi	39b, Fraser Road, London, Greater London E17 9DD	-	-	2	Flat
£530K	03/23	0.67 mi	20, Knotts Green Road, Leyton, London, Greater London E10 6DE	-	-	2	Flat
£345K	12/20	0.68 mi	53, Bradwell Close, London, Greater London E18 2BT	£5,208	66	2	Flat
£465K	06/23	0.68 mi	33a, First Avenue, Walthamstow, London, Greater London E17 9QG	-	-	2	Flat
£465K	01/21	0.69 mi	78c, Grosvenor Park Road, London, Greater London E17 9PG	-	-	2	Flat
£360K	06/21	0.69 mi	20, Rivenhall Gardens, London, Greater London E18 2BU	£5,806	62	2	Flat
£350K	05/21	0.69 mi	27, Rivenhall Gardens, London, Greater London E18 2BU	£5,147	68	2	Flat
£500K	11/20	0.69 mi	28a, Grosvenor Park Road, London, Greater London E17 9PG	£9,434	53	2	Flat
£336K	06/21	0.69 mi	11, Woodham Court, London, Greater London E18 2BY	£5,508	61	2	Flat
£353K	12/22	0.69 mi	29, Rivenhall Gardens, London, Greater London E18 2BU	-	-	2	Flat
£462K	11/20	0.72 mi	23b, Second Avenue, London, Greater London E17 9QH	-	-	2	Flat
£491.5K	06/21	0.73 mi	First Floor Flat, 5, Second Avenue, London, Greater London E17 9QH	-	-	2	Flat
£360K	05/21	0.74 mi	7, Althorne Gardens, London, Greater London E18 2DA	£5,714	63	2	Flat
£350K	06/21	0.74 mi	44, Althorne Gardens, London, Greater London E18 2DA	£5,833	60	2	Flat
£370K	05/21	0.74 mi	47, Althorne Gardens, London, Greater London E18 2DA	£6,066	61	2	Flat
£499K	12/20	0.74 mi	63b, Grove Road, Walthamstow, London, Greater London E17 9BL	-	-	2	Flat
£395K	03/21	0.74 mi	44, Hermitage Walk, London, Greater London E18 2SR	£5,818	68	2	Flat
£378K	11/22	0.75 mi	85, Althorne Gardens, London, Greater London E18 2DB	£6,407	59	2	Flat
£355K	06/23	0.75 mi	84, Althorne Gardens, London, Greater London E18 2DB	£5,236	68	2	Flat
£375K	02/23	0.76 mi	4b, Forest Road, Leytonstone, London, Greater London E11 1JT	£6,447	58	2	Flat
£330K	09/21	0.77 mi	Flat B, 127, Poppleton Road, London, Greater London E11 1LS	£6,975	47	2	Flat
£310K	01/23	0.77 mi	24, Althorne Gardens, London, Greater London E18 2DA	£5,448	57	2	Flat
£414K	02/21	0.78 mi	27, Northbank Road, London, Greater London E17 4JY	£6,273	66	2	Flat
£287.5K	11/20	0.8 mi	187, Forest Road, Leytonstone, London, Greater London E11 1JS	£4,331	66	2	Flat
£500K	04/21	0.81 mi	85, Poppleton Road, London, Greater London E11 1LS	£6,289	80	2	Flat
£330K	11/21	0.82 mi	291a, Hoe Street, London, Greater London E17 9BG	£5,410	61	2	Flat

Local Rents

52 rents from £1.6K/mo to £3.4K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,600	03/24	0.08 mi	Wood Street, London	2	Flat
£2,280	03/24	0.18 mi	-	2	Flat
£2,470	04/24	0.18 mi	-	2	Flat
£1,800	03/24	0.19 mi	-	2	Flat
£2,470	03/24	0.19 mi	Ferndale Avenue, London, E17	2	Flat
£2,000	03/24	0.2 mi	Vallentin Road, Walthamstow, London, E17	2	Terraced House
£2,200	05/24	0.21 mi	London, London, E17	2	Flat
£2,000	05/24	0.21 mi	-	2	Flat
£1,900	03/24	0.26 mi	Hainualt Court , Walthamstow	2	Flat
£1,695	03/24	0.28 mi	Lea Bridge Road, Stowbridge Apartments, London	2	Flat
£1,950	05/24	0.3 mi	Lea Bridge Road, Walthamstow, E17	2	Flat
£1,600	03/24	0.32 mi	Havant Road, Walthamstow, London, E17	2	Flat
£1,750	04/24	0.33 mi	Forest Rise, London, E17	2	Flat
£1,750	04/24	0.33 mi	Forest Rise, London, E17	2	Flat
£1,695	03/24	0.35 mi	Off Wood St, Walthamstow, London, E17	2	Flat
£1,695	04/24	0.35 mi	Off Wood St, Walthamstow, London, E17	2	Flat
£2,100	03/24	0.36 mi	Woodlands Road, Walthamstow E17	2	Terraced House
£2,950	12/24	0.37 mi	-	2	Terraced House
£2,100	12/24	0.37 mi	-	2	Flat
£1,850	05/24	0.39 mi	Comely Bank Road, Wathamstow, London, E17	2	Flat
£2,150	12/24	0.4 mi	-	2	Flat
£2,300	05/24	0.4 mi	Maynard Road, Walthamstow, London, E17	2	Terraced House
£1,795	03/24	0.4 mi	Bishops Close, Walthamstow	2	Flat
£1,950	05/24	0.42 mi	Barclay Road, Walthamstow Village, Lonodn, E17	2	Terraced House
£2,000	03/24	0.43 mi	-	2	Flat
£3,400	03/25	0.44 mi	-	2	Semi-Detached House
£2,350	05/24	0.46 mi	Lea Bridge Road, London, E17	2	Flat
£2,150	03/24	0.46 mi	Orford Road, London	2	Flat
£2,195	03/24	0.47 mi	Beulah Road, Walthamstow	2	Flat
£1,600	03/24	0.49 mi	Poplars House, The Drive, Walthamstow, E17	2	Flat
£2,100	12/24	0.49 mi	Lea Bridge Road, London, E17	2	Flat
£2,100	01/25	0.49 mi	-	2	Flat
£2,000	04/25	0.49 mi	-	2	Flat
£2,000	04/25	0.49 mi	-	2	Flat
£2,350	04/24	0.5 mi	Eden Road, Walthamstow, London, E17	2	Terraced House
£2,350	04/24	0.5 mi	Eden Road, Walthamstow, London, E17	2	Terraced House
£2,500	02/24	0.51 mi	-	2	Terraced House
£2,220	02/24	0.51 mi	-	2	Flat
£1,750	03/24	0.53 mi	Buxton House, Buxton Drive, E11	2	Flat
£1,700	05/24	0.55 mi	Orford Road, Walthamstow, London, E17	2	Flat
£1,850	04/24	0.55 mi	Buxton House, Snaresbrook	2	Flat
£1,700	03/25	0.55 mi	-	2	Flat
£2,000	03/24	0.56 mi	-	2	Flat
£1,650	03/24	0.56 mi	Harriet House, Wingfield Road, Walthamstow E17	2	Flat
£1,750	03/24	0.56 mi	Fernhill Court, (PP404), Walthamstow	2	Flat
£2,200	05/24	0.57 mi	Grove Road, Walthamstow, London, E17	2	Terraced House
£1,995	03/24	0.58 mi	Hawker Place, London, E17	2	Flat
£2,100	03/24	0.6 mi	Leyton Green Road, London, E10	2	Flat
£2,100	04/24	0.6 mi	Leyton Green Road, London, E10	2	Flat
£1,550	03/24	0.6 mi	Forest Road, Walthamstow	2	Flat
£2,500	04/24	0.62 mi	-	2	Terraced House
£2,195	03/24	0.62 mi	Fraser Road, London	2	Flat

Local Area Statistics

Population in E17	102,968102,968
Population in London	4,771,9214,771,921
Town centre distance	5.96 miles away5.96 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.11 miles away0.11 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 £375,000

December 24, 2024

Sold for £352,500

2021

Sold for £339,700

2016

Sold for £130,000

2006

Sold for £48,000

2001

Floor Plans

Description

Approx 800 Sq. Ft. +
Two Bedrooms +
Immaculate Condition +
Fantastic Location +
Shared Gardens +
Lease - Extending to 125 years (Currently 91 Years) +
Service Charge £156.09 p/m +
Council Tax Band B +

This stunning two bedroom apartment has been extensively modernised by the current vendor and offers over 800 square feet of versatile living space. The huge lounge to the front has ample room for a dining table, making it a great place to entertain, the wood floors bring the room together perfectly and you'll have the benefit of witnessing some fantastic sunsets. The spacious master bedroom is just behind along with a fully fitted kitchen and a modern style bathroom. The second double bedroom to the rear is now used as home office and offers fantastic views over the tennis courts and cricket fields to the rear, the balcony is a great place to enjoy that first morning coffee and you'll have stairs leading to the shared gardens and drying areas.

Just a half mile walk from the heart of Walthamstow Village, which lives up to its name with plenty of peaceful greenery and historic architecture, not to mention a great selection of award-winning bars, restaurants and gastropubs. You are also just a short walk to the Wild Card Brewery, God's Own Junkyard and Wood Street with its quirky vintage market.

Lease - Extending to 125 years (Currently 91 Years)
Service Charge £156.09 p/m
Council Tax Band B
EPC Rating D

Agent Details

Central Estate Agents, Walthamstow

020 3834 8367

Next Steps?

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

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