3 Bed Flat, Planning Permission, London, E17 4RN, £800,000

Browns Road, Walthamstow, London, E17 4RN - 3 views - 4 months ago

Planning
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£326.3K - £659.2K
Sold Prices/m²£5.2K/m² - £11.1K/m²

 

 

Square Metres

~93 m²
Price/m²£8.6K/m²

Value Estimate

£672,835

 

 

End Value (After Refurb)

£780,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£200,000

Stamp Duty & Legal Fees

£52,700

Refurb Costs

£49,200

Bridging Loan Interest

£21,000

Total Cash In

£324,650

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£780,000

Mortgage (After Refinance)

£585,000

Mortgage LTV

75%

Cash Left In

£324,650

Equity

£195,000

Rent Range

£1,600 - £3,500

Rent Estimate

£2,320

Running Costs/mo

£2,922

Cashflow/mo

£-601

Cashflow/yr

£-7,218

Gross Yield

3%

Local Sold Prices

25 sold prices from £326.3K to £659.2K, average is £491.5K. £5.2K/m² to £11.1K/m², average is £7.2K/m².

PriceDateDistanceAddressBeds 
£536K12/200.25 mi60a, Hatherley Road, London, Greater London E17 6SB3
£523K05/210.29 mi83, Badlis Road, London, Greater London E17 5LG3
£540K11/200.31 mi82b, Erskine Road, Walthamstow, London, Greater London E17 6SA3
£535K09/210.32 mi46, Mersey Road, London, Greater London E17 5LB3
£580K02/230.32 mi68, Mersey Road, London, Greater London E17 5LB3
£326.3K02/210.38 miFlat 19, Gaitskell House, The Drive, London, Greater London E17 3DD3
£491.5K06/210.43 miFirst Floor Flat, 5, Second Avenue, London, Greater London E17 9QH3
£430K01/230.48 mi9a, Third Avenue, London, Greater London E17 9QJ3
£420K11/210.5 mi122a, Orford Road, London, Greater London E17 9QX3
£659.2K08/210.55 mi48, Pembroke Road, London, Greater London E17 9PB3
£580K07/230.61 mi22, Brettenham Road, Walthamstow, London, Greater London E17 5BA3
£575K03/210.61 mi14, Brettenham Road, London, Greater London E17 5BA3
£485K02/230.62 mi194, Brettenham Road, London, Greater London E17 5AY3
£625K12/210.64 mi116, Warner Road, London, Greater London E17 7DZ3
£460K03/210.66 mi191, Brettenham Road, London, Greater London E17 5AX3
£429K06/210.69 mi287, Brettenham Road, London, Greater London E17 5AT3
£522K01/230.74 mi56, North Countess Road, London, Greater London E17 5HT3
£500K03/210.75 mi44, North Countess Road, London, Greater London E17 5HT3
£550K02/230.75 mi80, Camden Road, London, Greater London E17 7NF3
£416K08/210.77 mi10a, Claremont Road, London, Greater London E17 5RJ3
£445K04/210.78 mi21, Chewton Road, London, Greater London E17 7DW3
£345K08/210.85 miFlat 5, Ellen Miller House, Raglan Road, London, Greater London E17 9EG3
£370K07/230.9 mi114, Upper Walthamstow Road, London, Greater London E17 3QQ3
£458K01/210.9 mi75, Cornwallis Road, London, Greater London E17 6NL3
£425K07/230.9 mi20, Winsbeach, London, Greater London E17 3SS3

Local Rents

50 rents from £1.6K/mo to £3.5K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,25003/240.1 mi3 bedroom Duplex Flat To Let, Hoe Street, Walthamstow, E17 - £2250 PCM 3
£2,19504/240.1 mi3 bedroom Duplex Flat To Let, Hoe Street, Walthamstow, E17 - £2,195 PCM 3
£2,19503/240.13 miHoe Street, Walthamstow, London, E173
£2,20003/240.15 miPearl Road, London E173
£2,60004/240.15 miAubrey Road, E173
£1,79503/240.18 miHoe Street, Walthamstow3
£1,60005/240.18 mi-3
£2,20003/240.28 miChurch Hill, Walthamstow3
£2,00002/250.33 mi-3
£2,00003/250.33 mi-3
£2,39504/240.33 miCroft House, St. Mary Road, London3
£2,30004/240.36 mi-3
£2,20003/240.38 miHolmes Avenue, Walthamstow, LONDON, E173
£2,90003/240.39 miSomers Road, E173
£2,59505/240.4 miTruro Road, Walthamstow, London, E173
£2,40004/240.4 miChingford Road, London, E173
£2,40004/240.4 miChingford Road, London, E173
£2,30005/240.4 miChingford Road, E17 4PL3
£2,35004/240.42 mi-3
£2,10005/240.42 miRussell Road, London3
£2,70001/250.47 mi-3
£2,49502/250.47 mi-3
£2,90002/240.47 mi-3
£2,75003/250.47 mi-3
£2,20005/240.48 miPalmerston Road, London3
£2,20005/240.48 miPalmerston Road, Walthamstow, London, E173
£2,20005/240.48 miPalmerston Road, Walthamstow, E173
£1,75003/240.48 miSecond Avenue, Walthamstow, London, E173
£2,40012/240.48 mi-3
£2,20003/240.5 mi-3
£2,35003/240.5 mi-3
£2,20003/250.5 mi-3
£2,00004/240.52 mi-3
£2,20005/240.52 mi-3
£2,90012/240.53 mi-3
£3,30004/250.53 mi-3
£2,10004/240.54 miQueens Road, Walthamstow, E173
£1,85004/250.54 mi-3
£2,39503/240.54 mi-3
£2,40003/240.55 miBeulah Road, Walthamstow, London, E173
£3,19804/250.56 mi-3
£3,50004/250.56 mi-3
£3,30004/250.56 mi-3
£3,20004/250.56 mi-3
£2,40003/240.57 miThree Bedroom House to Let - Wellington Road, Walthamstow - E17 - (£2,400pcm)3
£2,10003/240.57 miElphinstone Road, Walthamstow, LONDON, E173
£1,90003/240.57 miRoma Road, Walthamstow, London, E173
£2,40002/250.57 mi-3
£2,50003/240.58 mi3 Bedroom House To Let - Marten Road, Walthamstow, E17 - £2,500 PCM 3
£1,85005/240.61 miSt Johns Road3

Local Area Statistics

Population in E17

102,968

Population in London

4,771,921

Town centre distance

5.55 miles away

Nearest school

0.20 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £800,000

December 26, 2024

Floor Plans

Description

  • Sharers are welcome +
  • Situated on the Border Walthamstow Village +
  • Gas Central Heating +
  • Double Glazed +
  • Recently Refurbished +
  • Split Level +

Kings group are delighted to present this 3 bedroom period property Nestled in the heart of Walthamstow, Browns Road presents a charming opportunity for those seeking a delightful family home. This period property boasts three well-proportioned bedrooms, making it ideal for families or those looking for extra space. The single reception room offers a warm and inviting atmosphere, perfect for both relaxation and entertaining guests.

The house features one bathroom, providing essential amenities for everyday living. Its central location in Walthamstow ensures that residents are just a stone's throw away from a vibrant community, with an array of shops, cafes, and parks nearby. The area is well-connected, making commuting to central London a breeze.

One of the standout features of this property is its potential for extension, subject to planning permission. This offers a unique opportunity for buyers to personalise and expand their living space to suit their needs. Additionally, being chain-free simplifies the buying process, allowing for a smoother transition into your new home.

In summary, this house on Browns Road is a wonderful blend of period charm and modern potential, set in a lively and convenient location. Whether you are a first-time buyer or looking to invest in a family home, this property is certainly worth considering.

Locality

Enjoying this prized location gives you a wealth of options when it comes to indulging in everything Walthamstow has to offer. If you make your way to the end of your road then you will stumble across the beautiful manicured lawns of Lloyd Park. Easily accessible just a four minute walk from your front door to the Forest Road entrance, you can seek to revel in the outdoor gym, tennis and basketball courts as well as outdoor table tennis and bowling greens. Natural play areas with climbing logs, sandpits, and skate and scooter parks will be sure to keep the little ones entertained for hours on end and creates the perfect place for family picnics and day outings. A brisk fifteen minute walk or a short five minute bike ride and you will be in the centre of the famous Walthamstow village which is one of the most charming and oldest villages in London (the original settlement dates back to 1086), Walthamstow Village is a little slice of country life in London and renowned for its local produce shops and historic buildings. When it comes to amenities you have everything you could ever need, all located on the famous 1km Walthamstow Market which is only 0.5 miles from your front door. A range of enterprising independent businesses compliment the market and provide the quintessential neighbourhood to accommodate everything your heart desires. Other Amenities such as Band of Burgers, Ye Olde Rose & Crown & Le Delice on Hoe Street all within walking distance and provide the ideal local conveniences that you could ever ask for. Public transport is also easily accessible right from your door step, with bus stops at Forest Road just 0.14 miles & 0.15 miles away as well as bus stops at Hoe Street both just 0.16 miles away. Underground and over ground stations such as Walthamstow Central & St James Street are just 0.43 miles & 0.66 miles away respectively. Finally the property gives access to a bounty of nursery, primary and secondary schools all within walking distance. Greenleaf Primary, Church Hill Nursery and Waltham Forest College schools are all under 0.61 miles from your front door and offer both good and outstanding Ofsted ratings.

Tenure & Council Tax

Tenure: Freehold
Council Tax Band: C
Annual Council Tax Estimate: £1,932
Floor Risk: Rivers & Seas: No Risk, Surface Water: Low
Construction: Brick Built

Hallway - 0.92 x 3.85 (3'0" x 12'7" ) - Door to front aspect, double radiator, laminate flooring, smoke alarm and power points.

Reception One - 3.20 x 4.06 (10'5" x 13'3") - Double glazed bay window to front aspect, single radiator, laminate flooring, TV aerial point and power points.

Reception Two - 3.79 x 3.46 (12'5" x 11'4") - Double glazed window to rear aspect, single radiator, laminate flooring and power points.

Kitchen - 2.59 x 4.75 (8'5" x 15'7") - Double glazed windows to side and rear aspect, double radiator, walls with tiled splash backs, range of base & wall units with flat top work surfaces, integrated cooker with gas hob and electric oven, extractor fan with hood, space for fridge freezer, plumbing for washing machine and power points.

First Floor Landing - 1.52 x 3.81 (4'11" x 12'5") - Laminat4e flooring and power points.

Bedroom One - 3.59 x 4.30 (11'9" x 14'1") - Double glazed window to front aspect, double radiator, laminate flooring and power points.

Bedroom Two - 2.65 x 3.57 (8'8" x 11'8") - Double glazed window to rear aspect, double radiator, laminate flooring and power points.

First Floor Bathroom - 1.76 x 1.98 (5'9" x 6'5") - Double glazed window to side aspect, tiled walls and flooring, panel enclosed bath with mixer tap and shower attachment and low level flush w/c.

Bedroom Three - Double glazed window to rear aspect, double radiator, laminate flooring and power points.

Agent Details

Kings Group, Walthamstow

020 3873 9738

Next Steps?

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